KIOCL to set up forward and backward integration projects at Mangalore.

Ministry of Steel has announced that Hon'ble Finance Minister has approved the proposal of the Company for setting up of Forward and Backward Integration Projects to the Blast Furnace Unit (BFU) of KIOCL Ltd. at Mangalore with a total outlay of Rs. 836.90 Crores of which Rs. 276.17 Crores will be met through Reserves of the Company and reminder through debt.

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