MoneyWorks4Me

SAIL pays Rs 19 lakh to Chhattisgarh govt to remove trees for Rowghat mining project

02 Mar 2020 Evaluate

Steel Authority of India (SAIL) has paid about Rs 19 lakh to the Chhattisgarh government to remove over 2,000 trees at its Rowghat iron ore complex so that the company can construct an approach road to the long-stalled project. The company is now hopeful of beginning mining-related activity at the block in two-three months.

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.

Peers
Company Name CMP
JSW Steel 1227.10
Tata Steel 175.50
Steel Authority 174.50
Jindal Stainless 732.35
APL Apollo Tubes 2120.65
View more..