Jindal Steel & Power (JSPL) is poised to take up an underground expansion plan at one its two coking coalmines in Australia. JSPL’s step-down subsidiary, Wollongong Coal (WCL), has received nod from Australia’s New South Wales State for the expansion.
The company had sought expansion of the profitable mine to 3 million tonnes (mt) a year from the current capacity of 1 mt. The New South Wales Government has asked an empowered committee to give the permission by March next year.
JSPL is a part of Jindal Group and is a leading player in Steel, Power, Mining, Oil & Gas and Infrastructure. The company produces economical and efficient steel and power through backward integration from its own captive coal and iron-ore mines and passes on the benefits to its customers.
