Page 53 - Steel Tech India eMagazine Volume April 2022

VOL. 16 • NO. 3 • April 2022

dam construction along with building of houses, official JUSl has earmarked budgets for social interventions
sources said. under public health, education, skill development,
social infrastructure, waste management, environment,
the Minister said the country has already produced
120 Mtpa steel in the financial year 2021-22. “We will drinking water, women empowerment and so on.
produce steel of 255 Mtpaby 2030 and 500 Mtpa by Additionally, based on the environment impact
2047. We are working on it. assessment (eIA), the company has plans to incur
expenditure for the environment protection and
the Union minister along with a team of senior officials mitigation measures.
of the steel ministry also visited the coal Gasification
Plant (cGP), the first of its kind in steelmaking. the JSW Steel wins Iron Ore Block in Maharashtra
cGP uses high ash, locally available non-coking coal JSW Steel has been declared as a preferred bidder for
to supply synthetic gas to the world’s first syngas- the Ajgaon iron ore block in the state of Maharashtra.
based DRI plant. they also visited India’s largest blast the steelmaker offered 25pc of average monthly prices
furnace, the Plate Mill producing the widest plates and of different quality and grade iron ore, in accordance
various other units of the mega steel complex.
to prices set by the Indian Bureau of Mines, to win the
JSW Steel showed Improved Performance in unexplored iron ore block in the Sindhudurg district.
April’22 the auctions were held by the state government on 30
March.
JSW Steel reported crude steel production for April
2022 at 16.67 lakh tonne, up 22% from 13.71 lakh the 8.4km² iron ore block contains low-grade iron
tonne in April 2021, while the flat-rolled product output ore reserves, along with associated elements of
increased by 25% YoY to 12 lakh tonne. manganese, chromium and nickel.
the company’s production of long-rolled products saw JSW commenced commercial operations at its Dolvi
a growth of 5% to 3.54 lakh tonne, as against 3.37 lakh plant expansion project in Maharashtra in November
tonne in April 2021. last year, doubling the plant’s capacity to 10Mtpy.

JSW Steel has also said it has started receiving power Jindal Stainless Limited and Indian Institute of
from renewable sources for Vijaynagar works since Technology (ISM) Dhanbadink MoU for joint R&D
April under a long-term PPA signed with JSW energy. projects

the roadmap for the next phase of growth includes a Jindal Stainless limited (JSl), India’s largest stainless-
target of 37.5 Mtpa steel capacity by FY25. steel manufacturer and the prestigious Indian Institute
of technology (ISM) signed anMoUto jointly carry out
JSW Utkal Steel receives environmental clearance
from MoeF&cc for 13.2 Mtpa Greenfield Steel Plant research and development on various projects. With
in Odisha this partnership, JSl envisions to take up research,
new product development, environment safety, and
JSW Utkal Steel ltd (JUSl), a wholly-owned subsidiary skill development along with IIt (ISM).
of JSW Steel ltdhas received the environmental
clearance (ec) for setting up of a Greenfield Integrated the MoU was signed by Vice President, SMS, JSl,
Steel Plant (ISP) of 13.2 Mtpa crude steel from the Mr Awanindra Kumar Singh and Director, IIt (ISM)
Union Ministry of environment & Forest and climate Dhanbad, Mr Rajiv Shekhar.
change (MoeF&cc). taking note of this initiative, Managing Director, JSl,
Mr Abhyuday Jindal said, “As India’s largest manufacturer of
the mega project will generate huge employment
opportunities in the region, which in turn will boost the a sustainable metal, we take pride in endorsing green initiatives
economy of Odisha state. in production. IIT (ISM) is a premier institute with major strength
in minerals and related efficiencies, and hence a natural partner
the capital expenditure for the modern, green and for collaboration. We will take up projects that will harness our
environment-friendly integrated steel plant (ISP) project industrial excellence and the institute’s technical prowess.”
is expected to be approx. Rs. 65,000 crores including
associated facilities. the phase-wise work for the commenting on the collaboration, Director, IIt (ISM)
project will start once the land is handed over to the Dhanbad, Mr Rajiv Shekhar said, “This MoU with JSL adds
company by the government of Odisha. another milestone to our academia and industry collaboration. JSL
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