×
Home Companies Industry Politics Money Opinion LoungeMultimedia Science Education Sports TechnologyConsumerSpecialsMint on Sunday
×

SAIL, Japan’s Kobe in talks for steel plant

SAIL, Japan’s Kobe in talks for steel plant
Comment E-mail Print Share
First Published: Mon, Mar 14 2011. 01 52 PM IST
Updated: Mon, Mar 14 2011. 01 52 PM IST
Mumbai: State-run Steel Authority of India (SAIL) said on Monday it is conducting a joint feasibility study with Japan’s Kobe Steel for a steel plant and a 1,000 megawatt gas-based power plant Uttar Pradesh.
The steel plant at Jagdishpur in Uttar Pradesh will involve investment of about Rs10,000 crore ($2.2 billion), SAIL said, quoting steel minister Beni Prasad Verma.
SAIL said options were being examined by the two companies for development of the steel and power plants.
Comment E-mail Print Share
First Published: Mon, Mar 14 2011. 01 52 PM IST