Union Minister for Steel, Chemicals and Fertilizer, Ram Vilas Paswan today announced a decision to set up a steel processing plant at Guwahati at a cost of Rs 200 crore. The Minister made the announcement while addressing the Editor’s Conference. The decision is part of the Steel Ministry’s move to set up 10 steel processing plants across the country. The Ministry is estimated to spend over Rs 2,000 crore, in this connection. The Detailed Project Report was reported to be ready and public sector giant Steel Authority of India (SAIL) is likely to take initiative to set up the processing units.The processing mill is slated to come up at Assam, Jammu and Kashmir, Rajasthan and Uttar Pradesh, while Madhya Pradesh and Bihar will have two units each.
Source : Assam Tribune
14th November, 2007