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Published On:May 31 2010
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ArcelorMittal plans India power venture

ArcelorMittal plans India power venture New Delhi: ArcelorMittal, the world's largest steelmaker, is planning a foray into power generation in India. ArcelorMittal is likely to build thermal power plants first and later may consider setting up gas-based power plants.

The steel major has a small indirect presence in India's power sector through LNM India Internet Ventures.

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