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Jsw Steel Invests Rs 350 Crore In Pipe Conveyor Projects, Will Save On Logistics Cost

by moneycontrol.com posted 2weeks ago 19 views
The two pipe conveyor projects will transport ore from the mines to the company#39;s plant in Karnataka. : JSW Steel is investing nearly Rs 350 crore to set up two pipe conveyor projects that will transport ore from the mines to its plant in Karnataka. The projects, which will be completed by the end of the present financial year, will save the company as much money  - around Rs 350 crore - in annual logistics cost to transport the raw material. At present, hundreds of trucks are deployed to move the ore from the mines to the plant in Vijayanagar.