Steel Authority of India is planning to take up an expansion cum modernization project at its Rourkela Steel Plant in Odisha. The project involves setting up a new hot strip mill with a production capacity of 3 million tonnes per annum (MTPA), beneficiation plant of 3.3 MTPA and pellet plant of 2 MTPA. The company is also enhancing the production capacity of special plates from 0.003 to 0.015 MTPA within the premise of RSP. The cost of the project is Rs 5,419 crore. The ore for the new plants would be procured from captive mines at Kiriburu, Meghahatuburu, Bolani, Barsua and Gua in Odisha. As of September 2016, environment clearance for the project is underway.