Bhubaneswar, May 13: Jindal Steel and Power Plant, that increased the capacity of its Angul steel plant in Odisha to six million tonne pa (mtpa) from 2 mtpa, would commission it by May end. This was informed by the JSPL Chairman Naveen Jindal. Jindal further stated that the sinter plant has already been commissioned and the blast furnace will be commissioned by next week. In the first phase, the Angul steel plant would be expanded from the present capacity of 2 mtpa to 6 mtpa. As soon as the blast furnace is commissioned, JSPL will become India’s fourth largest steelmaker after JSW, SAIL and TATA STEEL. The blast furnace at Angul is part of the company’s proposed 12.5 MTPA steel plant and 2,600 MW of power projects in phases.
Apart from this, Jindal also met the Chief Secretary A.P. Padhi and other officials at the State Secretariat here where he requested them to withdraw the hike in electricity duty on Captive Power Plants (CPPs).
Notably, on Thursday, the state government generated a hike in the electricity duty by 25 paise per unit for the CPPs that generates electricity for their own consumption so that it expects to generate additional revenue worth Rs 875 crore annually.