By Our Correspondent
BHUBANESWAR: Environmental clearance (EC) of the captive Jetty with 52 MTPA handling capacity for the JSW Utkal Steel Ltd (JUSL), a wholly-owned subsidiary of JSW Steel Ltd, has arrived from the Union Ministry of Environment & Forest and Climate Change (MoEF&CC).
Total cost of the all-weather, multi cargo, greenfield Captive Jetty with handling capacity of 52 MTPA project is Rs. 2104 Crore. The project is proposed along the waterfront of the Jatadhari Muhan river and in the coastal waters of Bay of Bengal, east coast of India.
The proposed project is expected to boost revenue for State and Centre in the form of various taxes and duties and there will be 72,000 direct and indirect employment opportunities through various phases of the integrated steel plant project.
JSW is known for its sustainability focus and we have comprehensive plans to take up livelihood improvement at the project site and vicinity through women empowerment, improvement in health, education sector, and overall socio-economic development of the local community, said Mr Ranjan Nayak, COO, JSW Steel Ltd.
This captive Jetty is located adjacent to the steel plant on the bank of Jatadhari River near Jatadhari Muhan and shall cater to the inbound and outbound cargo requirements of the ISP helping it reduce the infrastructure cost for the production of steel.
The 13.2 MTPA crude steel ISP also comprises a captive power plant (CPP) of 900 MW capacity, and cement grinding & mixing unit of 10.0 MTPA. Iron ore for the ISP shall be sourced through slurry pipeline from a 30.0 MTPA Iron Ore Grinding & Desliming Plant proposed in Keonjhar district, Odisha.
The terms of reference (TOR) was granted in October, 2018 and the public hearing (PH) for the proposal was completed successfully by State Pollution Control Board, Odisha (OSPCB) in December 2019, as per the EIA notification 2006.
A key component of achieving energy conservation would be the development of an Energy Management Action Plan. The Energy Management Action Plan would be consistent with the energy conservation measures during both construction and operation phase.
JSW Steel is the flagship business of the diversified US$ 13 billion JSW Group. As one of India’s leading business houses, JSW Group also has other business interests in sectors such as energy, infrastructure, cement, paints, sports and venture capital. JSW Steel, certified as Great Places To Work in 2021, has emerged as an organization with strong cultural foundation and great potential to be among the Top 100 companies. Over the last three decades, it has grown from a single manufacturing unit to become India’s leading integrated steel company with capacity of 28 MTPA in India & USA (including capacities under joint control). Its roadmap for the next phase of growth includes a target of achieving 37.5 MTPA steel capacity by FY25.
The Company’s manufacturing unit in Vijayanagar, Karnataka is the largest single location steel-producing facility in India with a capacity of 12 MTPA. JSW Steel has always been at the forefront of research and innovation. It has a strategic collaboration with global leader JFE Steel of Japan, enabling JSW to access new and state-of-the-art technologies to produce & offer high-value special steel products to its customers. These products are extensively used across industries and applications including construction, infrastructure, automobile, electrical applications, appliances etc.
JSW Steel is widely recognized for its excellence in business and sustainability practises. Some of these recognitions include World Steel Association’s Steel Sustainability Champion (consecutively 2019 to 2021), Leadership Rating (A-) in CDP (2020), Deming Prize for TQM for its facilities at Vijayanagar (2018) and Salem (2019). It is part of the Dow Jones Sustainability Index (DJSI) for Emerging Markets (2021) and S&P Global’s Sustainability Yearbook (consecutively for 2020 and 2021). JSW Steel is the only Indian company to be ranked among the top 15 global steel producers by World Steel Dynamics for 13 consecutive years since 2008. As a responsible corporate citizen, JSW Steel’s carbon reduction goals are aligned to India’s Climate Change commitments under the Paris Accord.
