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KIOCL gets nod to set up forward and backward integration projects to Blast Furnace Unit

21 Nov 2019 Evaluate

KIOCL has received approval for setting up of forward and backward integration projects to the Blast Furnace Unit (BFU) at Mangalore with a total outlay of Rs 836.90 crore of which Rs 276.17 crore will be met through Reserves of the company and reminder through debt. 

KIOCL is Asia's largest iron ore mining and pelletisation complex and the country's biggest 100% export oriented unit engaged in the business of exporting high quality iron oxide pellets and pig iron.

Peers
Company Name CMP
Coal India 411.85
NMDC 79.70
Ashapura Minechem 525.80
Sandur Manganese 185.45
GMDC 556.60
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