SPV for Sindri revival in 2-3 months: SAIL

"The SPV will be created in the next 2-3 months. We plan to spend around Rs 35,000 crore for revival," SAIL Chairman CS Verma said.

Verma said plans were there for setting up a 5.6 million tonne per annum steel plant, a 1.15 million tonne urea facility and 1,000 MW power plant at Sindri in Jharkhand along with the suitable Joint Venture partners.

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