By Our Correspondent
ANGUL/BHUBANESWAR: Jindal Steel and Power Limited Chairman and former MP, Naveen Jindal on Tuesday reviewed the on-going expansion work of JSPL at Chendipada in State’s coal bearing Angul district, the home turf of Union Steel-PNG Minister Dharmendra Pradhan.
Flanked by senior officials of JSPL, Chairman, Naveen Jindal expressed his happiness over the on-going work . “𝐋𝐞𝐚𝐝𝐞𝐫𝐬𝐡𝐢𝐩 𝐢𝐬 𝐭𝐡𝐞 𝐜𝐚𝐩𝐚𝐜𝐢𝐭𝐲 𝐭𝐨 𝐭𝐫𝐚𝐧𝐬𝐥𝐚𝐭𝐞 𝐚 𝐯𝐢𝐬𝐢𝐨𝐧 𝐢𝐧𝐭𝐨 𝐫𝐞𝐚𝐥𝐢𝐭𝐲: 𝐖𝐚𝐫𝐫𝐞𝐧 𝐁𝐞𝐧𝐧𝐢𝐬. Our Chairman Shri Naveen Jindal with the team at our integrated steel-making complex in Angul, Odisha. @MPNaveenJindal,” JSPL tweeted @JSPLCorporate.
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 our existing steel plant, we are 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.
The company remains steadfastly committed to improving the quality of life of the local communities of Odisha through its various CSR programs focussed on health care, education, skill development, sustainable livelihood, sports, art & culture. The company also requested government officials for abolition of electricity duty and giving tax benefits of 15% to brown field projects as it is being given to Green field projects.
