Ispat Industries Enters Into MOU With Government Of Chattisgarh

Ispat Industries Ltd has informed that the Company has entered into a Memorandum of Understanding (MOU) on January 10, 2007 with Government of Chhattisgarh for setting-up a coal-based 600 MW power project. The power project is proposed to be set-up in Janjgir, Champa District of Chhattisgarh. The proposed power project shall entail an investment of approximately Rs 2500 Crores.The implementation of the MOU would be taken up by the Company after obtaining all requisite approvals.