O.P. Jindal Group’s blue-chip unit, Nalwa Special Steel Limited (NSSL) signed an MoU with the government of Chhattisgarh for setting up a square and rectangular pipes manufacturing plant in the Raigarh district. The project will entail an INR 450 crore investment. The plant has an annual production target of 6,00,000 TPA.
Nalwa Special Steel Limited (NSSL), an O.P. Jindal Group unit, has recently signed an MoU with the Chhattisgarh government to establish a plant for square and rectangular pipes manufacturing in Tehsil Tamnar, district Raigarh. The project involves an investment of nearly INR 450 crore and the annual production target has been set at 6,00,000 TPA.
Also Read: Perma-Pipe India Wins Thermally Insulated Pipe, Field Joints Orders Worth USD 6.5 Million
Nalwa Special Steel is a subsidiary of Jindal Group and is in full-fledged production at Raigarh district in Chhattisgarh. The MoU was signed by Bhuvanesh Yadav, Secretary, Commerce and Industry, and Pradeep Tandon, on behalf of the company. Mr. Tandon shared that the establishment and operation of the plant would create new employment opportunities for that region’s youth and the industry would become a partner in the development of the region.