Jindal Steel and Power (JSPL) has restarted its 1.8 MTPA Direct Reduced Iron (DRI) plant at the 6 MTPA Integrated Steel Complex at Angul (Odisha). Through DRI route, the company is targeting production run-rate of 1 Million Tonnes of crude steel in FY 20, through existing coal linkages, and aims to procure the balance requirements for optimum capacity utilization through e-auctions.
The company is aiming to produce 6.5 Mt in of Steel in India in FY 20. JSPL’s DRI Plant at Angul - the first and largest of its kind in the world - is powered by India’s largest Coal Gasification Plant that converts high-ash coal to synthetic gas.
JSPL is one of India’s fastest growing and largest integrated steel manufacturers, significantly present in Steel, Power Generation and Infrastructure segments and catering to a large part of India's domestic energy and infrastructure requirement.
| Company Name | CMP |
|---|---|
| Jindal Steel | 1231.55 |
| Lloyds Metals&Energy | 1745.05 |
| Jai Balaji Inds | 86.12 |
| Steel Exchange India | 10.36 |
| Rajputana Stainless | 141.75 |
| View more.. | |
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