JSW Steel plans to raise around Rs 650-crore debt | News On Project

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Published On:October 11 2011

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JSW Steel plans to raise around Rs 650-crore debt

JSW Steel plans to raise around Rs 650-crore debt from international market to fund expansion programme at Chile iron ore project.

The company will expand the capacity of its Chilean mines by fourfold.

The compan has started talking to banks for the debt which will account for about 85% of the total cost of the project.

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