Monday, November 29, 1999

Usha Martin gets board nod for 12 bln-rupee capex plan

News posted by www.newsinfoline.com

Usha Martin Ltd said on Monday its board has approved a capital expenditure plan of 12 billion rupees spread over 36 months.The funds would be used to set up various projects includinga coke oven unit, additional power plant and ore beneficiation plant, it said in a statement.(Reporting by Rajesh Kurup; Editing by Ramya Venugopal)

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