Several MoU’s signed for development of Railway and Steel Sector

On 09.05.2015, four Memorandum of Understanding’s were signed for the development of Railway and Steel Sector in India. They are as follows:

• MoU between Govt of Chhattisgarh, NMDC, IRCON and SAIL – for the development of 140km rail line between Rowghat and Jagdalpur with an estimated project cost of Rs 2000 crore.
• MoU between Ministry of Steel, Govt of Chhattisgarh, SAIL and NMDC- for the development of 3 million ton Ultra Mega Steel Plant with an investment of approximately Rs. 18,000 crore. 
• MoU between Govt of Chhattisgarh and NMDC- for the development of Slurry Pipeline and 2MTPA Pellet Plant at Nagarnar in Bastar District with an investment of Rs. 4000 crore. 
• MoU between Govt of Chhattisgarh and SAIL – for setting up 1MTPA Pellet Plant at Dalli-Rajhara, Balod District with an investment of Rs. 826 crore. 

Press Information Bureau