Vizag Steel Plant partners with Jindal Steel and Power Ltd (JSPL) for ₹900 crore working capital investment. The collaboration aims to increase monthly turnover, cut losses, and facilitate the operation of Blast Furnace-3. Atul Bhatt, CMD of Vizag Steel Plant, expects a monthly turnover of ₹500 crore, reducing losses by ₹100 crore. The deal is strategic for sustainability, profitability, and growth.
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