JSW Steel eyes brownfield projects to expand capacity; invest ₹19,200 cr

22 May 2017

JSW Steel plans to invest ₹19,200 crore in various brownfield projects to enhance its capacity in line with the national steel policy announced by the government recently.

The company plans to double steel-making capacity at Dolvi in Maharashtra to 10 million tonnes per annum (mtpa) along with 4 mtpa pellet plant and 4 klins of 600 tonnes per day of Lime Calcination Plants for ₹15,000 crore.

This apart, it will increase the blast furnace capacity at Vijayanagar to 4.5 mtpa from 3.5 mtpa with investment of ₹1,000 crore and expect to complete the project in 20 months.

To enhance the production of value added products, it will increase the capacity of cold rolling mill at Vijayanagar to 1.80 mtpa from 0.85 mtpa along with two continuous galvanising line of 0.45 mtpa each, a new 1.2 mtpa Continuous Pickling Line for HRPO (hot rolled pickled and oiled) products, and a new 0.80 mtpa hot rolled Skin Pass Mill for hot rolled Black and HRSPO (Hot-Rolled, Pickled, Skinpassed and Oiled) products. These projects are estimated to cost ₹2,000 core and expected to be completed by September 2019.

JSW Steel will also take up modernisation and capacity enhancement of Vasind and Tarapur downstream facilities at estimated cost of ₹1,200 core and it is to be completed by April 2019.

Source – thehindu