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Article: India: MSP Steel & Power on expansion spree.
- Article from:
- TendersInfo
- Article date:
- October 27, 2009
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Byline: pinto03
MSP Steel & Power is planning to expand its production capacity through various projects. The company is setting up a 350 million tpa sponge iron plant, 18 MW power plant, 3,83,625 million tpa coal washery and 1,86,450 sq ft MSP Colony at a total project cost of Rs 233 crore.
An amount of Rs 155 crore of the total project cost has been syndicated by a consortium of four banks. State Bank of India, Oriental Bank of Commerce, Allahabad Bank & Indian Overseas Bank have syndicated funds to the extent of Rs 60 crore, Rs 30 crore, ...