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Monday, Jan 31, 2005

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Sathavahana Ispat begins work on met coke project

Our Bureau

HYDERABAD: Sathavahana Ispat Ltd has informed the stock exchanges that the work on project for the manufacture of 3-lakh tonne per annum of metallurgical coke with co-generation of power of 30MW in Karnataka as a greenfield project has been commenced. According to the company, the term debt required for the appraised project cost of Rs 173.76-crore was tied up and the first disbursement was availed of.

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