Andhra Pradesh government approves land allocation for JSPL’s greenfield steel mill

Friday, 02 July 2021 10:14:23 (GMT+3)   |   Kolkata
       

he government of the southern Indian state of Andhra Pradesh has approved the allocation of 850 acres of land owned by it for the proposed 2.25 million mt per year capacity steel mill of Jindal Steel and Power Limited (JSPL), a government official said on Friday, July 2.

According to government officials, the land in close proximity to Krishnapatnam port would be allocated to a subsidiary of JSPL for construction of the greenfield steel mill entailing an estimated investment of $1.01 billion.

JSPL has completed preparation of a detailed project report and the plant will be so designed to commence with production of 2.25 million mt per year and to increase this to 3 million mt per year subsequently.

As per the detailed project report, while iron ore for the proposed steel mill will be sourced from the states of Odisha and Karnataka, coking coal will be imported through Krishnapatnam port in close proximity.


Similar articles

India’s JSL and IIT ink pact to collaborate on R&D and production of primary alloys

27 Mar | Steel News

India’s JSL to invest $79 million in sustainability projects to cut carbon emissions

06 Mar | Steel News

India’s JSL to inaugurate green hydrogen plant on Tuesday

26 Feb | Steel News

India’s JSPL sees net profit surge 272 % in Q3 FY 2023-24

01 Feb | Steel News

India’s JSPL commissions new hot strip mill at Angul steel mill

22 Jan | Steel News

India’s RINL inks pact with JSPL to secure working capital against monthly sales of semis

22 Dec | Steel News

India’s JSL to cut carbon emission by 50 percent before target date of 2035

11 Dec | Steel News

India’s JSPL reports 534% rise in consolidated net profit in Q2 FY 2023-24

01 Nov | Steel News

India’s JSPL commences production from captive coal mine

04 Oct | Steel News

India’s Jindal Hunting Energy Services completes plant for manufacture of OCTG

19 Sep | Steel News