Steel maker Jai Balaji Industries plans to build an integrated township at Raghunathpur, dist. Purulia, West Bengal, reports Business Standard.
The township will be spread across an area of 500-600 acres and will be a part of the 4000-acre plot where the company is erecting an integrated steel plant, cement plant and a captive power plant at cost of Rs 160 billion.
The steel plant, cement plant and the power plant will have capacities of 5 million tons per annum, 3 million tons per annum and 1,215 MW per annum respectively.
Shares of the company closed up Rs 5.8, or 3.15%, at Rs 190.00. The total volume of shares traded at the BSE was 17,817.