India to Launch INR 5,000 Crore Mission to Incentivize Green Steel Production
The government is preparing a national mission to incentivize production of sustainable steel in the country, as per media reports. The investment in the scheme is around INR 5,000 crore to support both primary and secondary producers, along with other support measures such as combination of concessional loans, risk guarantees and other financial instruments. Sept […]
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 […]
JSW Steel Comes up with Mega Integrated Green Steel Manufacturing Complex in Odisha
The INR 65,000 crore complex will come up at 2,958 acres in Odisha. It will include an integrated steel manufacturing unit with a capacity of 13.2 million TPA, a captive power plant, captive jetties, a cement manufacturing unit, and a modern township. Mar 15, 2024 Chief Minister of Odisha Naveen Patnaik has laid the foundation […]
