Home / News / We got Rs 600 crore from ArcelorMittal: Yeddyurappa

We got Rs 600 crore from ArcelorMittal: Yeddyurappa

New Delhi: NRI billionaire L N Mittal-led ArcelorMittal has paid Rs 600 crore to the Karnataka government for land in Bellary, state Chief Minister B S Yeddyurappa said.

“ArcelorMittal’s plant is to come up in Bellary. It has given us Rs 600 crore for land,” Yeddyurappa said after the meeting of the National Development Council, the highest policy making body comprising Chief Ministers and the Planning Commission.

The world’s largest steel maker had last month entered into a pact with the Karnataka government to set up a Rs 30,000-crore plant and expressed hope that the progress on the project would be faster than that at its plants in Jharkhand and Orissa.

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