JSW Steel To Expand Steel Manufacturing Capacity Of Vijayanagar, Karnataka
JSW Steel Limited, India’s leading steel company, has announced plans to increase the annual steel manufacturing capacity of JSW Vijayanagar Works to 13MTPA, which is likely to be completed by March 2020. The company has also launched various other upgradation and augmentation projects which are expected to result in substantial cost savings in operations over the long term. At 12 MTPA currently, JSW Vijayanagar Works is the largest state-of-the-art single location steel manufacturing unit in India.
The following projects are initiated as part of the steel manufacturing capacity expansion at JSW Vijayanagar Works unit:
1. The company’s current project to revamp and upgrade the capacity of Blast Furnace-3 at JSW Vijayanagar Works is on track, which will improve hot metal availability.
2. The company will modify and enhance capacity of its Steel Melting Shop, the flat and long products mills, along with allied facilities to utilize this additional hot metal. With these projects targeted to be completed by March 2020, the crude steel capacity of JSW Vijayanagar Works unit will increase to 13MTPA.
3. The company will also set-up a 1.5MTPA coke oven plant at Vijayanagar to bridge the current and expected gaps in coke availability and is likely to be commissioned by March 2020. The coke oven unit is expected to provide significant cost savings for the company over the longer term.
4. These capacity expansion & upgrade projects being implemented at JSW Vijayanagar Works steel manufacturing unit will entail a capital investment of Rs 7,500 crore until March 2020.