INDIA: Construction plans for proposed $740,000,000 integrated steel and sponge iron complex, JINDAL STEEL & POWER (JSPL) [India] - Order #: 104102.(Statistical Data Included) From: WWP-Report on Mining, Metal Making and Conversion | Date: October 1, 2002 | COPYRIGHT 2002 Worldwide Projects, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group.Copyright information

PROJECT OVERVIEW:

The local JINDAL STEEL & POWER (JSPL) is currently gearing-up to build a new green field integrated steel and sponge iron plant in India. Construction plans, to be implemented in 3 phases, call for investing about $740,000,000 to complete the manufacturing base in the state of Orissa.

According to Sushil Maroo, JSPL Vice-President (Finance), his company will initially invest $205,000,000 in order to build a sponge iron plant with an instal...