Jindal Steel & Power limited will be investing Rs 10,000 crore for setting up a 3 mn tonne per annum steel plant in Andhra Pradesh, its chairman Naveen Jindal said on (3rd-Feb)Friday.
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He said that as investors they were relying on the true potential of AP as the state has the highest GSDP growth in the country. The 3-million tonne per annum capacity plant will generate 10,000 jobs, he claimed, adding that the group will sign an MoU with the state government to invest in renewable energy.
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He said that they would sign an MoU with the state government He said that his brother Sajjan Jindal is setting up the JSW steel plant in Kadapa which is going to be state-of-the-art fertility in steel production.
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