Tata Steel wants discussion with UK govt over delayed EAF project: CEO
Tata Steel is looking to have a discussion with the UK government to discuss issues being faced in timely implementation of the electric arc furnace (EAF) project at Port Talbot, the company's CEO T V Narendran said.
The company official noted that there is no delay from Tata Steel in construction of 3.2 million tonne project being set up at an investment of 1.25 billion pounds.
"We are in conversation with the UK government to say let's have a discussion on what can be done," Narendran told PTI on the sidelines of the 53rd National Management Convention organised by All India Management Association (AIMA).
He made the remarks while replying to a question on the future course of action for the UK project, which is facing delays in securing power supply.
In August, Narendran had said Tata Steel UK is expecting to secure access to electricity for its 3.2 million tonne electric arc furnace by 2029.
In May 2024, Tata Steel signed a connection offer with the Electricity System Operator
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on www.business-standard.com — the content belongs to Business Standard.
