<p>Gujarat government announced that ArcelorMittal Nippon Steel India has signed MoUs for six projects worth INR 166,000 crore with the Gujarat government. The MoU was signed by Gujarat additional chief secretary for industries Mr Rajiv Gupta and AM/NS India CEO Mr Dilip Oommen, as part of the upcoming 10th edition of Vibrant Gujarat Global Investor’s Summit-2022. </p><p>According to media reports, the proposed investments involve</p><p>INR 45,000 crore to increase the Hazira plant’s steel production capacity from the current 8.6 million tonnes per annum to 18 million tonnes per annum.</p><p>INR 30,000 crore on expansion of its green steel plant situated at Suvali near Surat</p><p>INR 17,000 crore in a coke oven project in Hazira</p><p>INR 4,200 crore for the expansion and modernisation of its captive jetty in Hazira</p><p>INR 30,000 crore for the development of an industrial cluster in the proximity of Surat</p><p>INR 40,000 crore Tto install 10 GW renewable energy generation plant at different places in Gujarat</p>
<p>Gujarat government announced that ArcelorMittal Nippon Steel India has signed MoUs for six projects worth INR 166,000 crore with the Gujarat government. The MoU was signed by Gujarat additional chief secretary for industries Mr Rajiv Gupta and AM/NS India CEO Mr Dilip Oommen, as part of the upcoming 10th edition of Vibrant Gujarat Global Investor’s Summit-2022. </p><p>According to media reports, the proposed investments involve</p><p>INR 45,000 crore to increase the Hazira plant’s steel production capacity from the current 8.6 million tonnes per annum to 18 million tonnes per annum.</p><p>INR 30,000 crore on expansion of its green steel plant situated at Suvali near Surat</p><p>INR 17,000 crore in a coke oven project in Hazira</p><p>INR 4,200 crore for the expansion and modernisation of its captive jetty in Hazira</p><p>INR 30,000 crore for the development of an industrial cluster in the proximity of Surat</p><p>INR 40,000 crore Tto install 10 GW renewable energy generation plant at different places in Gujarat</p>