FACOR to invest Rs 2500 cr for expansion in Orissa
Ferro-chrome, INDUSTRY and INFRASTRUCTURE, Steel, Steel ancilaries October 30th. 2007, 3:45amEconomic Times reported
Ferro Alloys Corporation (FACOR) will invest about Rs 2,500 crore to set up a greenfield steel plant besides two power plants in Orissa.
With a cash outlay of Rs 2,500 crore, the group plans to set up a greenfield stainless steel plant in Orissa, a 45-MW captive coal-fired power plant and a 250-MW coal based independent power plant in Orissa,” CMD FACOR R K Saraf said here.