ArcelorMittal Nippon Steel India has confirmed a proposed investment of Rs 1,000 crore towards brownfield expansion of its Vizag pellet plant in Andhra Pradesh," the Gujarat-based company said in a statement on Tuesday. The planned expansion will increase pellet production capacity at Vizag by 35 per cent to 11 MT from 8 MT, it said.
New Delhi, May 25: Steelmaker AMNS India will invest an additional Rs 1,000-crore in Andhra Pradesh to expand its pellet plant capacity to 11 MTPA. The present capacity of its pellet plant located in Visakhapatnam (Vizag) is 8 million tonnes per annum (MTPA). “ArcelorMittal Nippon Steel India has confirmed a proposed investment of Rs 1,000 crore towards brownfield expansion of its Vizag pellet plant in Andhra Pradesh,” the Gujarat-based company said in a statement on Tuesday. The planned expansion will […]