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Jayaswal Neco Industries capacity expansion announcements

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19:03 IST BSE
Capacity ExpansionJayaswal Neco Industries Ltd JAYNECOIND

Jayaswal Neco Industries Capacity Expansion: ₹720 Cr Investment

Jayaswal Neco Industries approved setting up a new 1.50 MnTPA Straight-Grate Pellet Plant in Raipur for ₹720 Crore. The project, funded via ₹540 Crore debt and ₹180 Crore internal accruals, will take 24 months to complete. This expansion aims to utilize iron ore from captive mines.

Value
₹720.0 Cr
Execution
24 Months