# Vedanta to invest $300 million to scale up Electrosteel Steels capacity to 2.5 million tonnes

Vedanta Resources plans to invest $300 million to increase the capacity of its Electrosteel Steels plant in Bokaro from 1.5 million tonnes to 2.5 million tonnes, expected to be completed in two years.

- Type: Expansion
- Announced: 2018-12-25
- Where: Bokaro, Jharkhand, India
- Value: $300.0M
- Starts operating: 2020
- Status: announced
- Capacity: 2.5 million tonnes per year
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Vedanta Resources](https://endata.com/companies/29843.md)
- [Electrosteel Steels Ltd](https://endata.com/companies/31044.md) (partner)

## Sources

- [telegraphindia.com](https://www.telegraphindia.com/business/vedanta-resources-to-scale-up-capacity-of-electrosteels-to-2-5-million-tonnes/cid/1679953), 2018-12-25: "Electrosteel is producing about 1.5 million tonnes. It has an inherent capacity to produce 2.5 million tonnes with investment of about $300 million. The scale-up is expected in two years."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.