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ArcelorMittal completes feasibility study for Karnataka steel plant

Industry Metallurgical industries

ArcelorMittal India Limited is planning a six million tonne steel plant with a captive 750 MW power plant in Karnataka. The company has completed a draft feasibility report for the plant. It has started hydrological and environmental impact assessment studies for the same. Approximate cost of the project is around $6.5 billion.

Extracted from HBL, Jan 26,’15

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