π Tender Overview
Scope : Setting up a Pellet Plant at Jagatsinghpur district, near Paradeep in Odisha.
JSW Steel will invest Rs 9,000 crore in setting up a 8 million tonne per annum pellet plant and associated slurry pipeline from its iron ore mines to the plant at Jagatsinghpur district, near Paradeep in Odisha.
The plant is part of the companyβs proposal to set up a 13.2 million tonne per annum integrated steel plant in the State.
The company intends to build the greenfield steel plant in a modular fashion starting with the pellet plant and the slurry pipeline.
The initial investment for the pellet plant will be made from the ?18,800 crore capex planned for this fiscal and the pellet plant is expected to be completed in three years.
The company intends to use the pellet produced in its Dolvi plant till the greenfield steel plant is fully commissioned.