Vizag Steel To Be Debt-Free By Nov

Of Rs 773-crore term loans, it repaid Rs 573 crore in Q1 this fiscal

Visakhapatnam Steel Plant (VSP) is well on its way to becoming a totally debt-free company by November this year.

Of the total term loans of Rs 773 crore as on April 1, 2003, VSP has already paid off Rs 573 crore to financial institutions and banks.