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Land acquisition completed for JSW's steel project in WB

Wednesday, 21 Nov 2007
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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)

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