JSPL to expand its Angul plant capacity to 25 MTPA to make it world’s largest single location steel plant
Tata Steel to expand Kalinganagar capacity to 8 MTPA
Bhubaneswar: Naveen Jindal-led Jindal Steel and Power (JSPL), which had earlier proposed to expand the capacity of its 6 MTPA Angul plant to 18.6 MTPA, has further planned to expand the capacity to 25.2 MTPA at an additional investment of Rs. 24,652 crore. This investment will take JSPL’s total investment to be Rs. 1,00,670 crore, making it the largest single location steel plant capacity in the world.
The Odisha government on Tuesday cleared the expansion plan at the 46th High Level Clearance Authority (HLCA) meeting chaired by the Chief Minister Naveen Patnaik.
Apart from the expansion plan of JSPL, the HLCA also cleared expansion plants of Tata Steel’s Kalinganagar plant, Bhushan Power and Steel’s Rengali project, Rungta’s Dhenkanal and Keonjhar steel project.
Tata Steel has proposed to expand its crude steel production capacity from 3 MTPA to 8 MTPA, Hot rolled coil from 3 MTPA to 7 MTPA, 2.2 MTPA cold-rolled products and 2 MTPA long products against an investment of Rs.47,599 crore to be set up in Kalinga Nagar, Jajpur, which will generate potential employment opportunities for over 4,625 persons.
Bhushan Power and Steel Limited has proposed capacity expansion of its integrated steel plant from 5 MMTPA to 15 MMTPA against an investment of INR Rs. 55,000 crore to be set up in Rengali, Dist – Sambalpur, which will generate potential employment opportunities for over 10,000 persons.
Rungta Mines Limited has proposed to expand the capacity of its Integrated Steel Plant from the proposed capacity of 2.85 MMTPA capacity to 7.55 MMTPA by adding capacity of 4.7 MMTPA against an investment of Rs. 11,001 crore to be set up in Jharbandh, District – Dhenkanal, which will generate potential employment opportunities for over 6,200 persons. The company has also proposed to expand its Steel Plant capacity from 0.53 MMTPA to 3 MMTPA against an investment of Rs. 7,920 crore to be set up in Karakhendra, Keonjhar, which will generate potential employment opportunities for over 5,134 persons.
With this additional steel making facility of 28 MT, Odisha will gear up to achieve 100 MT steel making capacity by 2030.