July 9th 2024.
In a recent press conference held in Bhubaneswar, Naveen Jindal, chairman of Jindal Steel & Power, shared updates on the company's expansion plans for their Angul facility in Odisha. He revealed that by next year, the facility will reach its full capacity of 12 million tonnes per annum, doubling its existing capacity of 6 MTPA. Jindal, along with a delegation from the Indian Steel Association, had the opportunity to meet with the newly appointed Chief Minister of Odisha, Mohan Charan Majhi.
During the meeting, Jindal expressed JSP's commitment to the industrial and economic growth of Odisha. He also stressed the importance of collaboration between the government and the company to achieve this goal. Jindal further shared their ambitious plan to build the world's largest steel plant in Angul over the next six years, with a staggering capacity of 25 MTPA.
In addition to the expansion plans, Jindal highlighted the significance of incorporating sustainable practices and green energy in the steel industry. In a statement released by JSP, it was mentioned that the delegation also discussed potential opportunities for further growth and development of the industry. This included the production of special grade steel and green steel.
The leaders from the steel industry also emphasized the need for infrastructure development in the state. They discussed the potential benefits of projects such as slurry pipelines, which could greatly boost the sector in Odisha. Overall, the meeting was focused on the mutual goal of driving economic and industrial progress in the state, and Jindal Steel & Power was determined to be a key player in achieving this goal.
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