JSW Steel earmarks investment of Rs 15,000 crore to set up 5 MTPA integrated plant in Karnataka


JSW Steel has earmarked an investment of Rs 15,000 crore to set up 5 million tonne per annual (MTPA) steel-making capacity at its integrated plant in Vijayanagara, Karnataka. The expansion will cover an area of 600 acre and includes establishing 4.5 MTPA blast furnace, two steel melt shops of 350 tonnes each, and a 5 MTPA hot strip mill along with other allied and auxiliary facilities. It is expected to be completed by FY24.

The JSW Steel Vijayanagar Works is the largest single-location integrated steel-making facility in India with a current capacity of 12 MTPA. The company is undertaking an optimisation process of the current facility which will enhance the capacity to 13 MT in the next 12 months. After the completion of the brownfield (existing) project, the company’s total installed capacity in Vijaynagar will reach 18 MTPA.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.



Source link

Leave a Reply