Bhushan Steel has received an approval for setting up of a 0.35 MTPA capacity Cold Rolling cum Electrical Steel (CRNGO) Complex at estimated project cost of Rs 1,560 crore in Orissa. The board at its meeting held on January 19, 2013, has considered and approved for the same.
The board has also reaffirmed the proposal to set up a 1.8 MTPA capacity Pickling Line coupled with Tandem Cold Rolling Mill (PLTCM) at estimated cost of Rs 6,000 crore, at Meramandali plant in Orissa.
Bhushan Steel, formerly known as Bhushan Steel & Strips, is one of the leading players in the steel industry with steel making capacity of 2.2 Million Tonnes Per Annum (MTPA).
