Nova Iron & Steel is setting up a waste heat recovery-based power project at Dagori village, in Bilaspur district of Chhattisgarh.
Sources from the company disclosed to ProjectsToday (PT) that the company is setting up a 12 MW waste heat recovery-based power project with an investment of Rs 60 crore.
Nova Iron & Steel has achieved financial closure for the project. The company has already acquired 30 acre of land required for the project and has appointed Astha Technical Services as its consultant.
Work on the project is underway with completion scheduled for January 2014.
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