Agro Processing,Agro Processing sector projects by Steel Exchange India Limited in Vishakhapatnam
Project Information
4673
Steel Exchange India Limited
Vishakhapatnam Based Company Steel Exchange India Limited Is Targeting To Achieve Financial Closure For Its Proposed Rs 300-Crore Pellet Plant. For It Rs 200 Crore Loans Would Be Tied Up From Banks, Promoters Would Invest The Remaining As Equity. The Company Operates A 300,000-Tonne Capacity Integrated Steel Unit In Kothavalasa. The Pellet Unit Would Come Up At Its Existing Steel Plant And Would Help It Cut Production Cost. The Proposed Plant Would Have A Capacity To Produce 600,000 Tonne Pellets, Of Which About 300,000-Tonne Will Be Used By Its Existing Unit. The Company Has Also Set Up A 60-Mw Captive Power Plant. It Expects To Produce 200,000 Tonne Steel This Financial Year And 300,000 Tonne In The Next Fiscal.
Project Value
INR 300 Crore /-
Financial Closure Achieved
Vishakhapatnam
Andhra Pradesh
India
Agro Processing,Agro Processing
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