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Yazdani Steel & Power awaits clearance to augment steel capacity

Tuesday, 04 Sep 2018
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Yazdani Steel & Power plans to invest Rs 900 crore in steel manufacturing capacity expansion at Kalinganagar in Jajpur district of Odisha.

The project once completed will take the overall steel manufacturing capacity from 0.05 million tpa to 0.35 million tpa.

As per the latest developments shared with Projects Today, the promoter awaits necessary clearances for the project. In the meantime, efforts are on to achieve financial closure. Actual work on the project is expected to commence by April 2019.

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