Jindal Steel and Power Ltd has unveiled a vision statement with ambitious plans to inject INR 120,000 crore for four fold increase of the capacity of its Angul plant in Odisha to 25.2 million tonnes per annum by 2030 and creating more than 60,000 direct job opportunities. JSPL Angul will see an expansion of substantial green steel manufacturing capacity through Hydrogen based DRI and EAF route. The complex will also house a 12.5 million tonnes per annum cement plant to utilize the blast furnace slag and fly ash to produce environment friendly, green cement.
JSPL''s Vision 2030 for 25.2 million tonnes per annum steel making capacity at Angul also entails substantial investments to develop the iron ore and coal mineral industry and build logistics infrastructure. The company also plans to invest in Port and a dedicated Railway Line to connect the Port, the Angul facility, the Barbil Pellet Plant and its Raigarh plant in Chhattisgarh. The company is focussing on the robust supply chain mechanism and raw material transportation.
JSPL Angul integrated steel plant present capacity is 6 million tonnes per annum.