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Vedanta, JSMDC to set up steel plant in Jharkhand

19 Jun 2017 Evaluate

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.

Vedanta Share Price

296.45 -8.90 (-2.91%)
08-May-2026 16:59 View Price Chart
Peers
Company Name CMP
Hindalco 1043.70
Vedanta 296.45
Hindustan Zinc 635.00
Jain Resource Recycl 571.55
Gravita India 1763.45
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