JSPL Unit At Angul

Jindal Steel Power Ltd on Saturday said its partnership with Rashtriya Ispat Nigam Ltd will ensure the supply of liquid steel to its upcoming hot strip mill at Angul in Odisha. In a statement, JSPL said it has entered into a memorandum of understanding (MoU) with RINL for the operationalisation of the latter's blast furnace-3 (BF-3). "The tie-up with RINL will release additional liquid steel for slab casting and onward rolling into hot rolled coils from JSPL's upcoming state-of-the-art hot strip mill at Angul which is slated for commissioning soon," it said. The blast furnace BF-3 at the RINL plant in Visakhapatnam has been closed since January 2021. The restart of the BF-3 is planned for December 30, 2023, at a capacity of 2 lakh tonnes of hot metal per month. "We extend wishes to the management and employees of RINL for embarking on this partnership," JSPL Managing Director (MD) Bimlendra Jha said. On Friday, RINL said JSPL will provide working capital support or raw material su

Jindal Steel & Power Ltd (JSPL) chairman Javeen Jindal said, the commissioning of 4 million tonne per annum (MTPA) steel capacity at the company's Angul facility in Odisha today would contribute a lot in the financial turnaround of the company.The newly built 4 MTPA facility has taken the total steelmaking capacity at Angul to 6 MPTA and the total steel capacity of the company to 10.75 million tonne, making it the fourth largest steel producers in the country.The company was already operating a 2 MTPA unit at Angul since 2015 which produced steel through coal gasification - DRI route.The full 6 MTPA plant of JSPL was dedicated to the nation by Odisha chief minister Naveen Patnaik today.Talking to media persons after the inauguration, Jindal said, his initial plan to come to Angul was to produce steel using the path breaking coal gasification route. But the cancellation of coal block in 2014 was a big jolt following which he has set up the second module of 4 MPTA at Angul using ...