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JSW Steel's West Bengal plant awaits completion of land-lease agreements

Thursday, 15 Mar 2012
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JSW Steel is awaiting completion of land lease agreements to achieve financial closure of the proposed three million tonne steel plant at Salboni in the West Midnapore district in West Bengal.

The company expects to sign a lease agreement with the West Bengal Industrial Development Corporation (WBIDC) for 189 acre dispersed within the project area of over 4,300 acre. Currently, it is holding discussions with the WBIDC for the proposed pacts.

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