The Rio Tinto Group decided to ship its steel making equipments based on HIsmelt technology from its plant at Kwinana, Australia to the Chinese steel maker Molong as the latter has a more urgent need for the technology. It may be recalled that the Australian miner earlier agreed to shift the equipment to India at Jindal Steel and Power's (JSPL) existing facility at Angul in Orissa.
Tag: greenfield steel plant
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JSPL to raise steel production capacity
Jindal Steel & Power (JSPL) has a steel production capacity of 3.5 million tonne (mn t) at present, which the firm expects to raise to 15 mn t by 2020. This would make the company the fourth largest steel maker from its current position of sixth. In 2013-14, additional 7 mn t would be commissioned in Angul (Odisha) and
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JSPL plans to start operation at 2 mn tpa unit by April
By April 2013, Jindal Steel & Power (JSPL) plans to commission 2 million tonne per annum (mn tpa) greenfield steel plant at Angul, Odisha. The plant is part of the 6 mn tpa integrated steel plant project being developed by the firm in the area. The Naveen Jindal owned company received 970.34 acre of g