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Vardhman Special Steels is planning to establish a new integrated steel facility in Punjab, comprising a 500,000 TPA billet production unit, a rolling mill, and advanced testing facilities.
The project, with an estimated investment of approximately ₹2,000 crore, will be financed through a combination of internal accruals, equity, and debt.
The new capacity is slated for commissioning by FY30.
News by Rahul Yelligetti.
