In the Ludhiana District of Punjab state, Tata Steel Limited (TSL) plans to build a new 0.75 MTPA electric arc furnace (EAF) based steel manufacturing shop with a rebar mill. Recently, the Punjab Small Industries and Export Corporation Limited gave the business a 115-acre location (PSIEC). The proposed facility would be built in the new industrial park at Kadiana Khurd, which is close to the hi-tech cycle valley. The first phase of the project will involve capital expenditures of Rs 2,600 crore.
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Note: The above-mentioned news was first published by us in our ProjectX India | 1st September 2022 edition. Click here to buy this issue. Access Iron and Steel news, projects, tenders, and contract award information in each fortnightly issue of ProjectX India PDF version. Go for an annual subscription and get access to 24 issues in a year.