Posco plans steel plant with SAIL | News On Project

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Published On:February 12 2010

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Posco plans steel plant with SAIL

Posco plans steel plant with SAIL

Kulti (West Bengal): South Korean steel firm, Posco has planned to have a joint venture plant with Steel Authority of India (SAIL) in West Bengal.

Posco plans to submit a detailed project report to SAIL as the project is in a preliminary stage. SAIL has a long-time technology tie-up with Posco. The proposed plant will come up at Kulti in Burdwan district located about 200 km from Kolkata with an investment of Rs 10,000 crore.

The Kulti Growth Works belonged to IISCO and is now a SAIL division.

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