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JSW Steel to invest Rs 5,000 cr

JSW Steel said it planned to invest Rs 5,000 crore to expand its steel plant capacity to 7 million tonnes per annum (mtpa).

india Updated: Jan 20, 2006 17:05 IST
Press Trust of India
Press Trust of India
None
Hindustantimes
         

JSW Steel said on Friday that it planned to invest Rs 5,000 crore to expand its steel plant capacity to 7 million tonnes per annum (mtpa).

"The company proposes to expand capacity of steel plant from 3.8 mtpa to 7 mtpa at an estimated cost of Rs 5,000 crore," JSW Steel Vice Chairman and Managing Director Sajjan Jindal told reporters.

JSW would also set up cold rolling mill complex with a capacity of one million tpa with an estimated investment of Rs 1,000 crore, he added.

First Published: Jan 20, 2006 17:05 IST

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