India’s Union Steel Minister Mr Ram Chandra Prasad Singh has laid the foundation stone for the new 5 million tonne per annum project at JSW Steel Vijayanagar Works integrated steel facility in Bellary in Karnataka. The Foundation Stone laying ceremony was conducted in the presence of JSW Steel Chairman Mr Sajjan Jindal. This brown-field expansion project is being undertaken through JSW Vijayanagar Metallics Ltd, a wholly owned subsidiary of JSW Steel Ltd. The new brownfield expansion will be spread across 600 acres and includes establishing 4.5 million tonne per annum Blast Furnace, two Steel Melt Shops 350 tons each and 5 million tonne per annum Hot Strip Mill along with other allied and auxiliary facilities. The Company has earmarked a CAPEX investment of INR 15,000 crore for this expansion and is expected to be completed by FY24. The Environmental Clearance for the project has already been received from the Ministry of Environment, Forests & Climate Change, Government of India and preliminary clearance from the 'Single Window High-Level Clearance Committee, Government of Karnataka has also been secured. As part of the 18 million tonne per annum Roadmap for its Vijayanagar Works Steel Facility, JSW Steel aims to achieve an additional 1 million tonne per annum expansion through up gradation of the current facility to achieve 13 million tonne per annum capacity within the next 12 months.JSW Steel's manufacturing unit in Vijayanagar, Karnataka is the largest single-location integrated steel-making facility in India with a current capacity of 12 million tonne per annum. JSW Steel, as part of its next phase of growth, is targeting an overall capacity of 37.5 million tonne per annum in India & USA by FY25.
India’s Union Steel Minister Mr Ram Chandra Prasad Singh has laid the foundation stone for the new 5 million tonne per annum project at JSW Steel Vijayanagar Works integrated steel facility in Bellary in Karnataka. The Foundation Stone laying ceremony was conducted in the presence of JSW Steel Chairman Mr Sajjan Jindal. This brown-field expansion project is being undertaken through JSW Vijayanagar Metallics Ltd, a wholly owned subsidiary of JSW Steel Ltd. The new brownfield expansion will be spread across 600 acres and includes establishing 4.5 million tonne per annum Blast Furnace, two Steel Melt Shops 350 tons each and 5 million tonne per annum Hot Strip Mill along with other allied and auxiliary facilities. The Company has earmarked a CAPEX investment of INR 15,000 crore for this expansion and is expected to be completed by FY24. The Environmental Clearance for the project has already been received from the Ministry of Environment, Forests & Climate Change, Government of India and preliminary clearance from the 'Single Window High-Level Clearance Committee, Government of Karnataka has also been secured. As part of the 18 million tonne per annum Roadmap for its Vijayanagar Works Steel Facility, JSW Steel aims to achieve an additional 1 million tonne per annum expansion through up gradation of the current facility to achieve 13 million tonne per annum capacity within the next 12 months.JSW Steel's manufacturing unit in Vijayanagar, Karnataka is the largest single-location integrated steel-making facility in India with a current capacity of 12 million tonne per annum. JSW Steel, as part of its next phase of growth, is targeting an overall capacity of 37.5 million tonne per annum in India & USA by FY25.
