JSW Steel is planning to invest over Rs 50,000 crore to create 10 million tonnes per annum (MTPA) of green steel capacity. This will be a brownfield investment at its plant in Raigad district's Salav and the investment will happen over the next three-four years. In March, the company had announced plans to increase the green steel capacity at Salav to 4 MTPA in phases. The investment is necessitated because of a European mandate on green steel, and the 10 MTPA capacity will emit a fifth of the carbon as used by conventional plants currently.
JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.
| Company Name | CMP |
|---|---|
| Tata Steel | 212.05 |
| JSW Steel | 1239.90 |
| SAIL | 173.50 |
| Jindal Stainless | 787.90 |
| APL Apollo Tubes | 2105.45 |
| View more.. | |
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