ArcelorMittal To Invest Rs 1.7 lakh Crore In Various Projects Across Gujarat
ArcelorMittal Nippon Steel India, signed an MoU with Gujarat's industries department, worth Rs 1.7 lakh crore at Gandhinagar, on January 27. It includes the investment of Rs 40,000 crore in renewable energy, Rs 30,000 crore in the development of a ‘steel city’, and an industrial cluster in Surat. In addition, A total of 10GW of renewable power generation plants will be set up at various locations.
Tags: Gujarat, business, ArcelorMittal Nippon Steel India, Bhupendra Patel, Vibrant Summit 2022
Courtesy: The Times Of India
Odisha: Lakshmi Mittal's Nippon Steel To Set Up Rs 50,000 Cr Plant
Odisha Chief Minister Naveen Patnaik, via Twitter, revealed that the state government had signed an MoU with ArcelorMittal Nippon Steel India to set up a steel plant in the Kendrapara district. Setup with Rs 50,000 crore investment, the integrated plant will have an annual production capacity of 12 million tons. Earlier in 2013, a similar plan by the company was dropped due to unsuitable land and the unavailability of a mining permit.
Tags: ArcelorMittal Nippon Steel India, Odisha, Steel, naveen patnaik, Lakshmi Mittal
Courtesy: Deccan Herald