JSW Steel has completed the land
acquisition process for its10 million tpa steel project at Midnapur in West
Bengal.
The project to be implemented in
phases, will entail an initial investment of Rs.35,000 crore. Phase I of the
project will have a capacity of three million tpa, at an investment of Rs.10,000
crore. The capacity will be expanded to 10 million tpa by 2015.
Financial closure for the project is
expected by May 2008.
Also See:
Land for JSW steel
plant to be acquired soon (17-Sep-07)
Related Links:
Project profile