JSW Steel to invest $18 bln in 3 plants
The company is looking to acquire coal blocks in Australia, Africa and Canada.india Updated: Sep 28, 2006 15:58 IST
India's JSW Steel Ltd. <JSTL.BO> plans to set up three 10-mn-tonne steel plants in the east by 2020, vice-chairman and managing director Sajjan Jindal told reporters on Thursday.
The plants, situated in the states of West Bengal, Orissa and Jharkhand, would involve an investment of $18 billion. The company is looking to acquire coal blocks in Australia, Africa and Canada, Jindal said.