Jindal Steel & Power Limited’s (JSPL) projected two steel plants will be “bigger” than other private sector steel players in Jharkhand.
Disclosing this the secretary to the department of industries, A P Singh told Business Standard that the management of JSPL had recently approached the state government for allowing them for enhancing the capacity of its proposed steel project in Asanboni, near Jamshedpur from 5 MTPA to 6 MTPA to produce steel through blast furnace in lieu of direct reduction of iron technology (DRI).
The secretary said that the department if industries had advised JSPL to submit their revised proposal and detailed project report (DPR) as the company desired deviation from their earlier MoUs signed in 2005 and 2007.
Singh said till date JSPL projected two steel plants in Jharkhand would be “bigger” than the other steel plants for which MoUs.had been signed.
He said coal blocks had been allotted to JSPL in Godda and Dumka districts, the environmental clearance of which was yet to be cleared by the ministry.
It may be mentioned that in a written reply in the Rajya Sabha on November 15, 2010, the minister of state in the ministry of steel had said that JSPL Patratu project capacity would be 6 MTPA with proposed nvestment of Rs 22,000 crore.
The minister had also said that the total land requirement of JSPL in Patratu was 3114 acres and the 3 MTPA capacity was likely to be commissioned by March, 2012.
JSPL had acquired the erstwhile Bihar Alloy & Steel company at Patrau owned by Usha Martin Group through Debt Recovery Tribunal Auction in 2007.
The closed Bihar Alloy & Steel had 600 acres of land.and JSPL further acquired 964 acres. .
