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SAIL, NMDC to set up ultra mega steel plant in Chhattisgarh

Industry Metallurgical industries

Steel Authority of India Limited (SAIL) along with National Mineral Development Corporation (NMDC) is planning a 3 million tonne per annum capacity green field ultra mega steel plant (UMSP) at Dilmili, Bastar in Chhattisgarh. Both the companies and the Chhattisgarh government would ink agreements for the project in May 2015. The project would be executed through two SPV’s, one for the project and another for the mining. Approximate cost of the project is around Rs.18,000 crore.

Extracted from BS, May 04,’15

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