"The SPU project in Kangra in Himachal Pradesh ... Will be operationalised within the next couple of months. This involves an investment of around Rs 76 crore," Singh was quoted as saying in an official release.
He was addressing a press conference at Dharamsala, Himachal Pradesh, on achievements of the NDA government during three years.
The unit will produce value-added products like TMT bars approximately 1 lakh tonne per annum, he said.
The minister also announced the institution of Best Steel Structures Awards in PMAY (Rural and Urban), building projects, and roads made with steel reinforced cement concrete and other extraordinary structures using steel in abundance.
Steel consumption will get a big boost due to these initiatives.
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