JSW Steel Ltd is planning to set up a slurry pipeline from coastal Karnataka to its Toraganallu plant in Bellary in Karnataka. The project cost is estimated at Rs. 21000 million and is expected to go operational in 24 months from zero date. Currently, iron ore prices in Karnataka is very high compared to Odisha and Chhattisgarh. Steel industry in Karnataka find procuring iron ore from Odisha unsustainable due to high transportation costs. A pipeline from coastal region will also open up possibility of imports and also result in reduction of costs towards transportation. The company is also considering pipeline for transporting coal as well.
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