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Indian-Commodity  :  Top News  :  Jindal Steel plans to invest Rs 20,000 crore in Jharkhand

Jindal Steel plans to invest Rs 20,000 crore in Jharkhand (17-Feb-2017)

Jindal Steel and Power (JSPL) is planning to invest Rs 20,000 crore in Jharkhand within a few years in addition to Rs 3,000 crore it has already invested in the state. The company will take the capacity of its steel plant at Patratu to 6 million tonnes per annum (MTPA) from the present 1.6 MTPA.

The company's Patratu manufacturing facility has a total finished steel capacity of 1.6 MTPA. The company operates a Bar Rod Mill (1 MTPA) and a Wire Rod Mill (0.6 MTPA) along with a rebar service centre.

JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.


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