Steel Authority of India (SAIL) and KIOCL have entered into an agreement to set up a pellet plant.
Earlier, in December 2018, KIOCL had said it was planning to sign a memorandum of understanding (MoU) with SAIL to set up a pellet plant under a joint venture (JV).
SAIL is India’s largest steel producing company. The company is among the five Maharatnas of the country’s Central Public Sector Enterprises. The company has five integrated steel plants, three special plants, and one subsidiary in different parts of the country.
