1. Primegold & SAIL entered into a joint venture set up Steel Plant in Gwalior, MP
2. Primegold 74% SAIL 26% stake in this unit, will product 1 lakh ton of world class TMT to caters need of Rural India.
3. The JVC will supply 60,000 tones TMT annually to SAIL and balance quantity marketed by Primegold-SAIL JVC Ltd.
4. The Unit has adopted SAIL technology to produce the TMT which goes through third party inspection before dispatch.
5. Currently the TMT produce from the unit is available in the state of MP, UP, Rajasthan, Haryana & Delhi.