Vedanta has signed a MoU with the Jharkhand government to set up one million tonne steel plant (hot iron and ductile iron pipe) in dist. Seraikela-Kharsawan, Jharkhand. The company needs 390 acres of land. The plant is likely to be functional by 2020-2021. Estimated cost of the project is around. Rs.17,000 crore.
Extracted from BS, May 06,’16