Welspun gets green nod for Rs 14,690 crore project

The Environment Ministry has given the environment clearance to Welspun Steel Ltd for setting up an integrated steel plant in Gujarat at an estimated cost of Rs 14,690 crore.

With a production capacity of 3 million tonnes per annum, the plant to be set up at Anjar tehsil in Kutch district aims to provide steady supply of slabs to Welspun Corp Ltd (WCL), group company, which makes heavy plates and hot rolled coils.

“EC has been given to WSL for the installation of 3 million tonnes per annum (MTPA) capacity of integrated steel plant, including 1.5 MPTA cement plant and 200 MW of captive power plant,” an official reportedly said.

It is learnt that the approval was accorded based on the recommendations of the Expert Appraisal Committee (Industry-I) of the ministry. However, the environmental clearance is subject to certain conditions.

Research Desk

Next Post

Hindustan Zinc plans Rs 1,000 crore investment

Tue Mar 14 , 2017
Hindustan Zinc has plans to invest Rs 1,000 crore to set up two more zinc fumer plants over the next two to three years. One of the lowest-cost zinc producers in the world, the Vedanta Resources Plc subsidiary said it has invested Rs 570 crore in its first zinc fumer […]

Categories

Blog Stats