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Posco, SAIL to set up Rs18K-cr integrated plant in Jharkhand

2015-01-21 06:12:37| Steel - Topix.net

South Korean steel major Posco and state-run SAIL would jointly set up a 3-million-tonne integrated plant in Jharkhand with an estimated investment of about Rs 18,000 crore. Posco's global CEO Kwon Oh-Joon, India CMD Gee Woong Sung and South Korea's Ambassador to India Joon-gyu Lee met Prime Minister Narendra Modi on Tuesday and is learnt to have briefed him about the company's investment plans in Jharkhand.

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