Bhushan Steel has informed that the board of directors of the company at its meeting held on January 19, 2013, has considered and approved the setting up of a 0.35 MTPA capacity cold rolling cum electrical steel (CRNGO) complex at estimated project cost of Rs. 1560 Crores and reaffirming the proposal to set up a 1.8 MTPA capacity pickling line coupled with tandem cold rolling mill (PLTCM) at estimated cost of Rs. 6000 Crores, at Meramandali plant in Orissa.
The above information is a part of company’s filings submitted to BSE.
