Date:30/08/2005 URL: http://www.thehindubusinessline.com/2005/08/30/stories/2005083002660200.htm

Back Tata Steel ties up with Nippon for Orissa plant

Our Bureau

Mumbai , Aug 29

TATA Steel , which plans to set up a 6-million tonne steel plant at Kalinganagar in Orissa, has signed an agreement with Nippon Steel Corporation to get technical assistance.

According to an official statement here today, the Japanese steel major will help Tata Steel "ensure the selection of the most appropriate facility planning and layout" for the proposed plant.

Tata Steel had partnered with Nippon Steel in the recent past for its 1-million tonne and 2.4-million tonne growth plans and its cold rolling mill.

Mr B. Muthuraman, Managing Director, Tata Steel, and Mr H. Shima, Managing Director, Nippon Steel, signed the MoU in the presence of Mr Bhaskar Chatterjee, Principal Secretary (Steel & Mines Department), Government of Orissa.