Energy Infrastructure to support Indian Steel: Minister
Nov 25, 2019 11:00
The Indian steel sector which is reeling under the pressure of tepid domestic demand is going to see support from the Energy Infrastructure in the next few years, Union Steel Minister Shri Dharmendra Pradhan said in the ISA (Indian Steel Association) Conclave being held in Delhi.
As pointed out by Mr.Pradhan, the government intends to invest about USD 100 million (USD 1.4 billion) in setting up of energy infrastructure in the country that includes pipelines, import terminals and city gas distribution networks in the time span of next five to seven years.
He also emphasised that the