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Board approval is still awaited, but is expected shortly.
Domestic hot-rolled coil (HRC) prices has risen by 4%.
The final date for bid submission is May 3, 2023.
A Rs 6 billion investment is proposed.
Air-conditioning accounts for the biggest portion of energy consumed.
Air-conditioning accounts for the biggest portion of energy consumed.
Will cost USD 4 billion and be completed by the end of 2025.
After the price update, HRC will cost Rs 66,000 per tonne
Prices of steel, coal increased with the increasing demand in H2 FY22
The project is scheduled to be finished in 2023
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