Rs 7,500 capex planned by SAIL
Public sector steel manufacturing SAIL has chalked out a capital expenditure (CAPEX) of Rs 7,500 crore in the ongoing fiscal to expand capacities across plants. The firm is aiming for 35 MnT by 2030, and the expansion is underway at IISCO and Durgapur Steel Plants.
The capex has already been approved by the board, and SAIL is confident of achieving it by the end of the fiscal.
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