MoneyWorks4Me

Visa Steel seeks additional land to expand capacity of its steel project

28 Mar 2013 Evaluate

In a bid to expand capacity of its steel project, Visa Steel has sought allotment of additional 675 acres of adjoining land at its existing steel making facility at Kalinganagar in Jajpur district.

At present, the company is holding 475 acres of land at the site where it already operates 0.55 million tonne per annum (mtpa) steel plant. It needs additional land to ramp up capacity to 2.5 mtpa.

VISA Steel is a leading player in the Special Steel, Coke and Ferro Chrome industry in India with manufacturing facilities located at Kalinganagar Industrial Complex in Odisha.

Peers
Company Name CMP
JSW Steel 1308.00
Tata Steel 185.95
Steel Authority 184.00
Jindal Stainless 762.35
APL Apollo Tubes 2198.00
View more..