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Home Economy

Union Steel Minister dedicates Jindal Steel & Power’s 14 lakh tons per annum TMT Rebar Mill at Angul to Nation

by Economy India
April 29, 2022
Reading Time: 2 mins read
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SHARESHARESHARESHARE

Union Steel Minister Ram Chandra Prasad Singh dedicated TMT Rebar Mill of Jindal Steel & Power (JSP) today at its 6 MTPA integrated steel complex at Angul. The TMT Rebar Mill of 14 lakh tons per annum Capacity is one of the World’s largest and the most modern Rebar Mill.

JSP’s Chairman Mr. Naveen Jindal and Managing Director Mr. VR Sharma and CEO Steel Mr. D.K. Saraogi facilitated the Union Minister while visiting the Plant facilities on the occasion. Mrs. Rasika Chaube, Additional Secretary, Ministry of Steel was also present during the programme.

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“India has become the second-largest steel producer in the world, leaving behind major economies. The maximum amount of steel has been produced from Odisha. I appreciate JSP for building such a beautiful mega steel plant in Odisha,” said Singh. He also appreciated JSP’s plan to expand the capacity of the steel plant to 25.2 MTPA. “By 2030, about 10 percent of India’s steel will be produced from Angul, Odisha by JSP” he added.

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The minister especially expressed his appreciation for JSP’s effort to supply Liquid Medical Oxygen to the country during COVID-19 as its CSR initiative.

The Union Minister along with a team of senior officials of the Ministry of Steel also visited the Coal Gasification Plant (CGP), the first of its kind in steelmaking.

The CGP uses high ash, locally available non-coking coal to supply synthetic gas to the world’s first syngas-based DRI plant.

The technology can harness the abundant coal reserve of the country and make India Atmanirbhar in meeting its coal requirement and reduce the dependence on imported coking coal.

Steel Minister and his team visited India’s largest blast furnace, the Plate Mill producing the widest plates and various other units of the mega steel complex. (PIB)

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Tags: Jindal Steel & Power LimitedNaveen JindalRam Chandra Prasad Singh
Economy India

Economy India

Economy India is one of the largest media on the Indian economy. It provides updates on economy, business and corporates and allied affairs of the Indian economy. It features news, views, interviews, articles on various subject matters related to the economy and business world.

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