Jindal Steel and Power Ltd (JSPL) has announced a major capacity expansion at its flagship Angul facility in Odisha, doubling its hot metal production capability. This strategic move positions the company to meet rising domestic and global demand for steel, while reinforcing its role in India’s infrastructure growth story.
Key highlights
- JSPL has successfully ramped up hot metal capacity at Angul from 3.6 million tonnes per annum (MTPA) to 7.2 MTPA
- The expansion was achieved through commissioning of a second blast furnace, one of the largest in India, with a capacity of 4,554 cubic meters
- The Angul plant now ranks among the top integrated steel facilities in the country in terms of scale and efficiency
Strategic significance
- The increased capacity will support JSPL’s downstream operations, including steel melting, rolling, and value-added product lines
- It aligns with the company’s broader goal of reaching 15 MTPA steel production by 2030 under its Vision 2030 roadmap
- The expansion also enhances JSPL’s ability to cater to sectors like construction, automotive, and railways, which are witnessing robust growth
Economic and environmental impact
- The project is expected to generate significant employment in the region and boost ancillary industries
- JSPL has incorporated advanced energy-efficient and low-emission technologies to minimize environmental footprint
- The move supports India’s Make in India initiative and contributes to self-reliance in core industrial materials
Sources: Business Standard, Financial Express, SteelMint, JSPL Corporate Announcements