Financial Daily from THE HINDU group of publications
Monday, Nov 29, 2004
Financial Daily from THE HINDU group of publications Monday, Nov 29, 2004 |
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Industry & Economy
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Steel Orissa signs MoUs with 10 cos for steel projects Our Bureau
Bhubaneswar , Nov. 27 THE Orissa Government on Saturday signed memorandums of understanding with as many as 10 private companies for setting up of small steel plants at different locations in the State. The proposed steel plants, involving an investment of over Rs 2,600 crore, are likely to become operational over the next three to five years. The companies that signed the MoUs include OCL India Ltd., AML Steel and Power Ltd, Maheswari Ispat (P) Ltd., Monnet Ispat Ltd, Aryan Ispat & Power (P) Ltd, Action Ispat & Power Ltd, Agrim Steel Industries Ltd, Sree Metaliks Ltd, MAL Industries Ltd and MSP Metaliks (P) Ltd. The MoUs were signed between the top officials of the companies and Mr Bhaskar Chatterjee, Secretary of the State Government's Steel and Mines Department. The Chief Minister, Mr Naveen Patnaik, the Industries Minister, Mr Biswabhushan Harichandan, the Steel and Mines Minister, Mr Padmanav Behera, and the Chief Secretary, Mr Subas Pani, were present.
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