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INDIA'S TATA STEEL TO START WORK ON ORISSA PROJECT IN TWO MONTHS.
NEW DELHI, Nov 1 Asia Pulse - Tata Steel (BSE:500470) is likely to start construction work on its greenfield steel project in Orissa within two months.
"We have got necessary clearances. Work to rehabilitate more than 1,200 families have been completed and now we are going to start the construction by the end of this year," Tata Steel Kalinganagar project General Manager N A Ansari said.
Tata Steel is seeking to increase the production of steel from 27 MT to 45 MT by 2015 and it will be achieved through greenfield projects, he said and pointed out, "Kalinganagar is the first such greenfield project undertaken by the company outside Jamshedpur."
Tata Steel is setting up a greenfield steel project in Kalinganagar, Orissa, ...
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Source: HighBeam Research, INDIA'S TATA STEEL TO START WORK ON ORISSA PROJECT IN TWO MONTHS.