JSW Steel launches Rs. 12,000cr expansion

July 2014
FRPT- Infrastructure Snapshot;7/13/2014, p11
Industry Profile
Industry Report
The article reports on the expansion plan of Indian steel company JSW Steel Ltd. to augment its steel making production capacity to 18 million tons, with investments worth 12,000 crore. The company will also invest in backward integration projects and cost reduction. It also notes the company's arrange long-term funding to meet its planned capital expenditure and other corporate purposes including interest costs reduction, refinancing expensive debt and meeting any unlikely shortfall.


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