Usha Martin charts its investment plans

May,2010:Speciality steel and wire rope manufacturer, Usha Martin, planned a Rs 1,200 crore capital expenditure programme, over a period of 36 months.

This would be used for setting up coke oven, additional DRI plant, pellet plant, additional power plant, ore beneficiation plant and other related projects to be implemented.

The amount would be funded through debt and internal accruals.