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Jayaswal Neco gets Rs 18 bn debt from ICICI Bank for steel project

31 December 2010

MUMBAI (makemystocks) : Jayaswal Neco Industries Ltd got debt tie-up of Rs 18 billion for its integrated steel project in Chattisgarh from ICICI Bank Ltd.

The plant will help the company explore rich mineral reserves in its iron ore and coal mines and enhance the manufacturing capacities of steel and sponge iron significantly.

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