JSPL likely to reach 6 mt steel capacity at Angul by end of 2015

Jindal Steel & Power (JSPL) is expecting to achieve its predicted capacity of six million tonnes at its Angul steel making facility by the end of 2015. The company’s DRI (direct reduced iron) plant has a unique feature of using synthesis gas from the coal gasification plant as reductant. The DRI-gasification route has the advantage of using high ash coal which is predominantly available in the vicinity of the project site. Moreover, Naveen Jindal controlled company has inked pact with Lurgi Technology Company of South Africa, for providing coal gasification technology. The DRI plant has a capacity of two million tonnes per annum (mtpa). The company’s Angul facility has already commissioned its plate mill. The company is bringing semi-finished steel products from its Raigarh plant in Chhattisgarh to produce steel plates there. 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.