Wind energy major Suzlon will invest nearly Rs50,000 crore to set up an integrated steel plant in Bijapur district of Karnataka. A high-level committee of the state government chaired by chief minister B S Yeddyurappa today cleared the Suzlon project among 15 proposals, involving total investments of Rs75,541.25 crore. The Suzlon project, which will come up in four phases, is expected to create 9,000 jobs, minister for major and medium industries Murugesh R Nirani said.
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