Thursday, January 22, 2009

SAIL sails...abd saves,,,

It is expected that the Indian Steel Major PSU, Sail can save upto 26000 Crores on expansion plans........at the begining ofthis year it was expected that the cost would be around 80K crore due to Over booked Ezuipment makers in Europe.....but due to meltdown or slowdown it is expected that CAPEX would be completed by 54000 Crores only.....A PSU official told on condition of anonymity....

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