Vraj Iron & Steel Board Approves ₹450 Crore Greenfield Steel Plant

Board approved Rs 450 Cr greenfield integrated steel plant in Bastar, Chhattisgarh, land transferred from promoter entity. Phase-1: 201k TPA sponge iron, 201k TPA billet, 30 MW power. Funded via Rs 150 Cr internal/equity, Rs 300 Cr debt. Commissioning within 30 months.