India’s largest steel maker JSW Steel while reporting its financial results for April-June 2022 quarter, said that the 5 million tonne per annum brownfield expansion at Vijayanagar is progressing well, with civil works underway at the site. Long lead-time items have been ordered and Letters of Credit established. The project is expected to be completed by end of 2023-2024.The remaining downstream projects at Vasind and Tarapur are expected to be completed in Q2 FY23.The expansion at BPSL to 3.5 million tonne per annum is progressing well and is expected to be completed during Q2 of FY23. The Phase-ll expansion, from 3.5 million tonne per annum to 5 million tonne per annum, is expected to be completed by FY24.The Company's capex spend was INR 3,702 crores during Q1 of 2022-23, against the planned capex spend of INR 20,000 crores for 2022-23. Considering the current market conditions, the company expects to calibrate its capex spend to INR 15,000 crores for 2022-23.