Odisha government’s High Level Clearance Authorityhas approved 3 investment steel industry proposals. It approved Rungta Mines Limited expansion of its Integrated Steel Plant project from 0.9 MTPA to 2.85 MTPA capacity, with captive power plant of 385 MW and 1.69 MTPA Cement Plant (in two phases) at Jharbandh in Dhenkanal district with a total investment of INR 7836.90 crore. The other proposal approved was of Kashvi International (P) Limited to set up an additional 1.2 MTPA Iron Ore beneficiation Plant to its 0.6 MTPA Iron Ore Pelletization Plant, with an investment of Rs 55.23 crore.
Purosteel India Pvt Ltd will set up a manufacturing unit of tubes and pipes PVD coating, furniture fabrication, finished sheets and profiles, trimes plant with an investment of Rs 53.42 crore and will provide employment opportunities for 200 people.
Source: STEELGURU
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