Vedanta group and Jharkhand Mineral Development Corporation (JSMDC) are jointly planning to set up steel plant at Manoharpur in West Singhbhum district in Jharkhand. In this regards, Rs 700 crore of the total Memorandum of Understanding (MoU) signed with prospective investors have already been implemented on the ground and project proposals worth Rs 15,000 to 16,000 crore will be effective in July.
Vedanta is an India-based global diversified natural resources company with operations across zinc, lead, silver, oil and gas, iron ore, copper, aluminum and commercial power. The company operates through segments, including Copper, Aluminium, Iron Ore, Power and Others.
