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JSW Steel to invest $18 bln in 3 plants

The company is looking to acquire coal blocks in Australia, Africa and Canada.

Published on: Sep 28, 2006, 15:58:00 IST
None | By Reuters, New Delhi
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India's JSW Steel Ltd. 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.

HT Image
HT Image

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.

 
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