Gallantt Ispat Ltd updates on commercial operation of Pellet Plant

Gallantt Ispat Ltd has invested an amount of Rs. 300 Crores (approx.) in the Pellet Plant unit having a capacity of 7,92,000 MTPA situated at Gorakhpur. The entire project cost has been funded through internal resources without availing any Term Loan from Financial Institutions / Banks. Pellet Plant being a backward integration will reduce the raw material cost which in turn will help to improve the profitability of the Company.

Source : Equity Bulls

Keywords

GallanttIspat ExpansionProject CommercialOperation PelletPlant