The biggest integrated steel plant of Odisha was made operational with the commissioning of the country’s largest blast furnace.
Inaugurating the state of the art 6 mtpa steel plant of Jindal Steel & Power Ltd. (JSPL), Odisha Chief Minister Naveen Patnaik said it would provide direct employment to about 30,000 people and indirect jobs to many others.
JSPL chairman Naveen Jindal said the plant was set up at an investment of about ₹33,000 crore and it would enable the company to overcome its loss in the aftermath of the coal block cancellation.
He said JSPL would start earning and play a significant role in the development of the state.
The plant with its 4,554 cubic meter blast furnace will make Odisha the fourth-largest steelmaker in the country.
With this, JSPL also becomes the first company to complete its mega steel project as per the commitment in the memorandum of understanding with the government of Odisha.
Captive power
JSPL had installed 2 mtpa steel making capacity at its Angul steel complex in 2015 with Coal Gasification-DRI route, which is being used for the first time. Later it further added 4 mtpa steel making capacity.
The Angul steel complex also has a 4 mtpa sinter plant, 2 mtpa coke oven, 3 mtpa steel melting shop, 1.2 mtpa plate mill, 1.4 mtpa bar mill and a 810 MW captive power plant.