# NLMK plans steel plant in Aurangabad, India

Russian steelmaker Novolipetsk (NLMK) plans to set up a steel plant in Aurangabad MIDC, with Rs 800 crore investment in the first phase and Rs 5,000 crore in the second, creating 500 direct jobs.

- Type: New facility
- Announced: 2019-07-26
- Where: Aurangabad MIDC, Maharashtra, India
- Value: $116.0M (8.00B INR)
- Jobs: 500
- Status: announced
- Products: steel for transformers
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Novolipetsk](https://endata.com/companies/40902.md)

## Sources

- [timesofindia.indiatimes.com](https://timesofindia.indiatimes.com/city/nagpur/rs-1200cr-honeywell-plant-to-make-defence-fabric-in-butibori/articleshow/70386202.cms), 2019-07-26: "Fadnavis also had a meeting with representatives of Russian steel manufacturer Novolipetsk (NLMK), which wants to set up a steel plant in Aurangabad."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.