Arcelor Mittal is looking to build two steel plants of 10 million tonne capacity
each in Orissa and Jharkhand, its president and chief executive Lakshmi Mittal
have appointed consultants for the projects. Once the detailed feasibility report
is ready, we will decide the capacity," Mittal said.
we want infrastructure for 10 million tonnes capacity each." Earlier, he
said the steel plants would need 600 million tonnes of coal reserves each.
steel plants that Arcelor Mittal plans to build in India will each need 600 million
tonnes of coal, Mittal said.
said he would meet the chief ministers of the two states to discuss issues like
allotment of land and coal mining rights.
see the progress is excellent," he said.
there is an assurance from the state government and centre, and we are quite confident
of their support, so that we have iron ore mining and coal mining and power plants
as part of the projects," he said.
steel minister Ram Vilas Paswan, had earlier said Jharkhand has enough iron ore
reserves to feed units run by both state-run steelmaker SAIL Ltd. and global leader
said the plants'' capacity would be decided once a detailed feasibility report
had been done." Jharkhand has three billion tonnes of iron ore reserves.
The demand of SAIL is two billion tonnes," Mittal said.
can have other companies like Arcelor Mittal to use the additional reserves of
one billion tonnes."
Steel Authority of India (SAIL) chairman S K Roongta, meanwhile, said SAIL is
open for talks with Arcelor Mittal and explore synergies between the two companies.
are open to discussion with Arcelor Mittal on technological cooperation and exchange
of personnel, as they have more expertise in the area," he said after releasing
his company''s first quarter results.