News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts:
Retail Plus |
Classifieds |
Jobs |
Obituary |
Business
SPS Steel HP unit on stream
Special Correspondent
NEW DELHI: Himachal Pradesh Chief Minister Prem Kumar Dhumal on Tuesday inaugurated the SPS Group’s steel plant at Gwalthai in the State. The plant, with a production capacity of 1.50 lakh tonnes of billets and 1.20 lakh tonnes of reinforcement bars, includes the steel division facilities acquired from Surahj Fabrics Industries.
Investment
According to SPS Group Chairman Bipin Kumar Vohra, the total capital investment in the production facilities stand at Rs. 125 crore, while the working capital requirement has been pegged at Rs. 160 crore. Apart from having the largest mini steel plant in Himachal Pradesh and the largest single brand (Elegant) unit in north India, SPS has steel plants at Durgapur in West Bengal and at Jharsuguda in Orissa, a company statement said.
Printer friendly
page
Send this article to Friends by
E-Mail
Business
News:
ePaper |
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Engagements |
Advts:
Retail Plus |
Classifieds |
Jobs |
Obituary |
Updates:
Breaking News |
|
