New Delhi : SAIL is considering locations in three states of Gujarat, Andhra Pradesh and Maharashtra to set up Rs 5,000-crore autograde steel plant in joint venture with ArcelorMittal, Steel Minister Chaudhary Birender Singh said on Monday.
“SAIL people say that there are three places they can consider for putting up that plant. One is Maharashtra, another one is in Gurajat and third is in Andhra (Pradesh),” he said.
The proposed plant would be set up in one of these three states, he said.
The auto-grade steel plant project with a capacity of 1.5 million tonnes per annum will be scaled to 2.5 MTPA, he added.
“A meeting was held about a month back which was attended by Mittal of ArcelorMittal and SAIL people. In that meeting both the parties agreed on one thing that the details will have to be worked out for finalisation of JV (joint venture),” the minister said.
