Jindal Steel and Power (JSPL) plans to set up a two-million-tonne cement plant close to its steel plant at Angul in Odisha.
The project is estimated to cost about Rs 5 billion and will come up within an industrial park being promoted by the Navin Jindal-owned company in the area.
The company will use granulated slag, a by-product of the steel unit, as feed stock for the cement plant.
"With the expansion of the steel making capability to six million tonnes, we are now producing enough granulated slag to sustain a cement unit of two-million-tonne capacity," said a senior official of