John F. Clark 
Navin Jindal-owned Jindal Steel and Strength Try Know Ltd (JSPL) has secured up to Rs 8,000 crore extra funding for its Odisha operations. The money may be spent on the addition of a blast furnace to take its Angul Metal plant’s potential to 6 million tons, putting in a cement plant, laying a slurry pipeline to carry iron ore from mines to the Metallic plant, and putting in a pellet plant.
At present, JSPL has a two-million-ton metal-making facility at Angul through the sponge iron path. To provide sponge iron, the employer had set up a DRI plant primarily based on coal gasification era, the primary of its type within the USA, that aimed to use regionally available high ash coal for a direct discount of iron. It has already invested more than Rs 30,000 crore in the task Blog Express.
In truth, the business enterprise proposed to provide six million tons of Steel on the site based on this coal gasification generation imported from Lurgi, South Africa. However, the cancellation of Utkal 1B block allocated to the agency following de-allocation of coal blocks by the Supreme Court in 2014, has forced it to head for system re-engineering to reap the supposed 6-million-ton Steel capacity.
In place of the sponge iron course, it has decided to head for the blast furnace route to scale up the Metal capability to six million tons. For the reason, it’s miles putting up a 4,554 cup Mr blast furnace, claimed to be the largest in the United States of America with a capacity to provide 11,000 tons of Metal in keeping with day.
The blast furnace is predicted to be prepared for commissioning by the end of the current economic 12 months. Also, different related centers, inclusive of coke oven, to provide metallurgical coke and BOF (basic oxygen furnace) plants, the paintings of which are in development.
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The total expenditure incurred on these types of new additives required to elevate the Metal-making potential at Angul from 2 million tons to 6 million tons is estimated at approximately Rs 6,000 crore.
Except, the business enterprise additionally intends to lay a pipeline from the point of sourcing iron ore at Barbil in Keonjhar district to its Angul plant at a fee of Rs 800 crore. This will reduce the ore transportation price notably from Rs 800 in step with a tonne to about Rs two hundred per ton, stated Damodar Mittal, executive vice chairman, tasks.
Taking advantage of this cheaper mode of ore shipping, the enterprise plans to install a four-million-tonne consistent with annum pellet plant at Angul with a funding of Rs a thousand crore. The pellet plant can feed the existing DRI plant in the area and reduce the cost of transportation of pellets from the agency’s Barbie plant to Angul, a distance of 280 km.
In addition, using the slag comprised of the blast furnace, the employer proposes to set up a cement plant near its Metal mill for which an expenditure of Rs 200 crore has been earmarked.
