Vedanta to invest $300 million to scale up Electrosteel Steels capacity to 2.5 million tonnes

Vedanta Resources plans to invest $300 million to increase the capacity of its Electrosteel Steels plant in Bokaro from 1.5 million tonnes to 2.5 million tonnes, expected to be completed in two years.

“Electrosteel is producing about 1.5 million tonnes. It has an inherent capacity to produce 2.5 million tonnes with investment of about $300 million. The scale-up is expected in two years.”telegraphindia.com

• 1 source
• telegraphindia.comVedanta | Vedanta Resources to scale up capacity of Electrosteels to 2.5 million tonnes - Telegraph IndiaA Staff ReporterDec 25, 2018

Summarized from public sources; check the original articles before acting on it.