Jindal Steel & Power Ltd (JSPL) plans to expand its Angul steel plant’s capacity from 6 MTPA to 25.2 MTPA by 2030 and the expansion will make the plant the largest in the world in a single location.
According to the official reports, during a meeting in Bhubaneswar held on August 22, JSPL Chairman Naveen Jindal informed the news to Odisha Chief Secretary Suresh Chandra Mahapatra. Further Jindal also met Steel and Mines Secretary Deoranjan Kumar Singh. Last month, a high-level clearance authority headed by Chief Minister Naveen Patnaik had approved the proposed expansion of JSPL’s Angul steel plant.
During his meeting with Odisha Chief Secretary Suresh Chandra Mahapatra, Jindal thanked the state government for approving the steel plant’s proposed expansion. JSPL’s Managing Director VR Sharma, Director Finance NK Mishra, Manish Kharbanda and other senior officials accompanied Jindal to the meeting.
The JSPL chairman Naveen Jindal informed that he was confident of the Odisha government’s industry-friendly policies towards protecting the interests of the state-based value addition creator industries. He further appreciated the Odisha government’s pre-emption policy for ensuring raw materials to the state-based steel industries. Later he lauded the state government’s efforts to hold the auction of iron ore blocks in a transparent and expeditious manner.