"Kalinganagar has been a remarkable story for Tata Steel. Within a year of its commissioning, we were at almost full capacity utilization, and now we are beginning the second phase of our expansion," Tata Steel chief executive TV Narendran said, according to Indian financial portal moneycontrol.com. 

"The Kalinganagar facility is expected to be one of the lowest-cost producers of steel in the world," he added. 

The project will take the integrated facility's capacity from 3 million metric tons annually to 8 million metric tons. 

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