Visa Steel will set up 2.5mn TPA Integrated Steel Plant

Visa Steel (CMP:Rs.51.70)Ltd has announced after the trading hours on Tuesday that the Company has entered into a Memorandum ofUnderstanding (MoU) with the Government of Chhattisgarh for setting up a 2.5 million TPAIntegrated Steel Plant along with other facilities with a proposed investment ofRs 4750.00 Crores in the State of Chhattisgarh, in lieu of earlier MoU dated March 052003.