Bhubaneswar (Odisha) [India], March 4 (ANI): The Odisha government and ArcelorMittal Nippon Steel India Limited signed a memorandum of understanding (MoU) for setting up an Integrated Steel Complex in Kendrapara District.
The Government of Odisha and ArcelorMittal Nippon Steel India Limited signed an MoU today for setting up an integrated steel complex in Kendrapara District of the state for an investment of more than Rs 50,000 crore.
ArcelorMittal Nippon Steel is one of the largest steel makers of the world and combines the financial might of the LN Mittal Group including their international presence in the sector and the technological prowess and management strength of Nippon Steel, which is a Japanese company renowned in the world for its high-technology steel products. The MoU was signed in the presence of Chief Minister Naveen Patnaik and L N Mittal, Chairman of the Mittal Group. Prafulla Mallik, Minister Steel & Mines and Works and Atanu Sabyasachi Naik, MLA, Mahakalpara were also present.
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Andhra Pradesh: Visakhapatnam Port Trust Signs Pacts Worth Rs 30,000 Crore For Expansion Plans
A ship anchored at Visakhapatnam Seaport (Abhijit Bhatlekar/Mint via Getty Images)Â
Ahead of the Maritime India Summit 2021 which is scheduled to begin from 2nd March, the Visakhapatnam Port Trust (VPT) on Friday (26 February) has signed memorandum of understanding (MoUs) worth about Rs 30,000 crore with various industries and government agencies, reports
The New Indian Express.
The pacts were inked for capacity expansion, beach nourishment, development of fishing harbour, LPG plant and various other projects.
Hindustan Petroleum Corporation Limited (HPCL), ArcelorMittal Nippon Steel India (AM/NS India), Dredging Corporation of India, JD Fisheries and Integral Logistics Services are some of the entities that have entered into an agreement with VPT.
VPT signs MoUs worth ₹58,831 crore
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The port trust enters into pacts for capacity expansion, dredging and harbour operations
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The port trust enters into pacts for capacity expansion, dredging and harbour operations
The Visakhapatnam Port Trust (VPT) on Friday several memorandum of understanding (MoUs) worth ₹58,831 crore with stakeholders, ahead of the second Maritime India Summit, scheduled to be held in the city from March 2 to 4.
An MoU was signed between the VPT and the HPCL worth ₹28,264 crore for capacity expansion.
The ArcelorMittal Nippon Steel India also entered into a pact worth ₹600 crore with the VPT for enhancing the present capacity of the AMNS pelletisation plant.