Ferro Alloys Corporation (FACOR) will set up a greenfield stainless steel plant, a 45MW captive coal-fired power plant and a 250 MW coal based independednt power plant. The project cost will be Rs.2500 crores. The company has also asked for a coal blocks from the government to ensure adequate coal for its proposed power project.
Investment : Rs.2500 Crores
Status : Proposed
Location : Orissa
www.facorsteel.com
[29th October, 2007]