Jindal Steel and Power to Invest INR 70,000 Crore to Enhance its Capacity

Jindal Steel and Power (JSP) is going to double the capacity of its Angul unit in Odisha to 12 million tonnes per annum (MTPA) by the end of this year, and further increase it to 25 MTPA in another six years. For this, the company would invest INR 70,000 crore in next 6 years.

Jan 28, 2025

jindal steel

Jindal Steel and Power (JSP) is going to double the capacity of its Angul unit to 12 million tonnes per annum (MTPA) by the end of this year, as per a news report.

The company plans to make Angul plant as the world’s largest single-location steel manufacturing facility by enhancing its capacity to 25 million tonnes per annum in another six years. For this, the company would invest INR 70,000 crore in the next 6 years.


Also Read: Kerala to Bring INR 133 Crore HVIC Initiative to Boost Sustainability


JSP also has the plan to produce green steel from the facility by adopting green technology and hydrogen.

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