SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Bhushan Steel gets environment clearance for Rs 3,000 crore project in Odisha

14 Mar 2016 Evaluate

Bhushan Steel (BSL) has received the environment clearance for its Rs 3,000 crore project to set up a pellet unit with a production capacity of 7 million tonnes per annum (MTPA) in Odisha. The proposed pellet plant will help BSL strengthen its availability of feed to blast furnace and Direct Reduced Iron (DRI) plants.

The company operates a 5.6 MTPA integrated steel plant in Dhenkanal, Odisha. There is a scarcity of lump iron ore in the market and only iron ore fines are available, which need suitable beneficiation and pelletisation before they can be used as feed stock. Therefore, the company has proposed to set up a pellet unit in Dhenkanal.

Tata Steel BSL Share Price

85.55 0.00 (0.00%)
12-Nov-2021 18:01 View Price Chart
Peers
Company Name CMP
Tata Steel 212.05
JSW Steel 1239.90
SAIL 173.50
Jindal Stainless 787.90
APL Apollo Tubes 2105.45
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×