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Article: Suzlon to set up Rs 50,000-crore steel plant in Karnataka.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- January 28, 2009
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Suzlon to set up Rs 50,000-crore steel plant in Karnataka
Bangalore, Jan 28 (PTI) Wind energy major Suzlon plans to invest nearly Rs 50,000 crore to set up an integrated steel plant in Karnataka, state officials today said.
Suzlon's Rs 49,720-crore project, which would be set up at Bijapur district in the state, was among the 15 proposals with envisaged investment of Rs 75,541.25 crore, cleared by the State High Level Clearance Committee chaired by Chief Minister B S Yeddyurappa.
Major and Medium Industries Minister Murugesh R Nirani said the company would take up the project in four phases and is likely to create 9,000 jobs.
According ...