By Our Correspondent
ANGUL/BHUBANESWAR: The Jindal Steel and Power Limited Chairman and former 2times Lok Sabha MP, Naveen Jindal, has visited Company’s integrated Steel complex located in Odisha’s coal bearing Angul and reviewed the on-going expansion work. “Chairman @MPNaveenJindal at our integrated steelmaking complex in Angul, Odisha, reviewing progress & operations with the team and motivating them,” JSPL tweeted@JSPLCorporate.
The frequent visit of Chairman Naveen Jindal to Angul plant shows company’s seriousness and JSPL making all efforts to turn its Angul Steel Plant the world’s largest and greenest single-location steel plant, thus putting Odisha on the global steel map. JSPL’s Vision 2030 focuses on enhancing the capacity of its 6 MTPA Angul integrated steel plant. At the existing steel plant, JSPL producing steel through one of its kind technology wherein Swadeshi Coal is being used to produce Synthesis Gas which is utilised for production of DRI. The Angul steel plant will expand its total capacity to 25.2 MTPA through clean energy resources with an additional investment of Rs 1.20 lac crore by 2030.
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 MTPA cement plant to utilize the Blast Furnace Slag and Fly Ash to produce environment-friendly, Green cement.
JSPL’s Vision 2030 for 25.2 MTPA steel capacity at Angul also entails substantial investments to develop the iron ore and coal mineral industry and build a world-class logistics infrastructure. The company plans to invest in a state-of-the-art 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 initiatives, thus, are expected to create 60,000 plus direct job opportunities and around 3,00,000 indirect employment opportunities in Odisha. The company’s operations in Odisha are likely to generate economic activity to the tune of nearly Rs 1.5 Lakh crore annually, with the state exchequer getting richer by potential revenues of around Rs 7500 crore per annum.
