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Steel Minister reviews progress of JSU

New Delhi, 28 January, 2011

Steel Minister Beni Prasad Verma held a meeting with senior officials of the Ministry at Lucknow and reviewed the progress of the on-going revival work of Jagdishpur SAIL Unit (JSU).

While expressing satisfaction over the status and progress, he commended the SAIL team for nearing the completion of Warehouse and Galvanised Sheet Corrugation Unit.

U P Singh, Joint Secretary, Ministry of Steel, C S Verma, Chairman, SAIL and other were among those present during the meeting.

Verma outlined the proposed strategy for the JSU and stated that the revival work is going on as per schedule and the unit will be successfully operational soon.

SAIL had acquired the assets of erstwhile Malvika Steel at Jagdishpur, UP in 2009 which were registered in SAIL’s name in June 2010.

For reviving this setup and to supply value-added finished products to meet the demand of the region, initially four main units were proposed under under phase-I.

Two units. a warehouse with a capacity of 12,000 tons per annum and a Galvanised Sheet Corrugation unit with capacity of 13,000 tons per annum, are in final stages and will be ready for commissioning very soon, an official release said.

The Minister stated that for further industrial development of Uttar Pradesh, SAIL will also be examining the feasibility of setting up a steel processing uinit at Barabanki or Gonda.

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