CHHATTISGARH/RAIPUR: Nalwa Special Steel Limited today signed an MoU with the Chhattisgarh government to set up a plant for manufacturing square and rectangular pipes in Tehsil Tamnar district Raigarh with an investment of about Rs 450 crore. In this a production target of 6,00,000 ton per annum has been set. The MoU signed with the Government of Chhattisgarh for setting up new plants was signed by Bhuvanesh Yadav Secretary Commerce and Industry and Pradeep Tandon on behalf of the company. Pradeep Tandon informed that the establishment and operation of the plant will provide new employment opportunities to the youth of the region and this industry will become a partner in the development of the region. Nalwa Special Steel is a subsidiary of Jindal Group.