China Steel Corp, is planning to set up a 0.2 million tpa of electric steel plant in Dahej GIDC in Gujarat. The company had signed an MoU with the state government of Gujarat. It will invest Rs.. 10,000 million towards the first phase. The company had acquired 50 acres of land and work on the project is likely to start by June 2012 and to be completed by 2014.
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