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 […]
Jindal to invest over Rs 10,000 crore to set up 3 mn-tonnes steel plant in Andhra Pradesh
Jindal’s chairman Mr. Naveen Jindal shared that the company is preparing to set up a 3 million tonnes steel plant in Andhra Pradesh, with an investment of over INR 10,000 crore. The group will also be signing an MoU with Andhra Government to invest in renewable energy and increase their existing cement plant’s capacity. Chairman […]
Jindal Steel and Power to Infuse INR 7,930 crore under PLI Scheme
Being a qualifier under the PLI scheme, Jindal Steel and Power will make HR coil, sheets, and plates API GR which is used in the oil & gas sector. Jindal Steel and Power Ltd. (JSPL), part of O.P. Jindal Group, has announced its plans of investing INR 7,930 crore under the PLI scheme for speciality […]
