Union Steel Minister Dedicates Jindal Steel & Power’s 1.4 MT Rebar Plant to the Nation

Union Steel Minister Ram Chandra Prasad Singh on Thursday inaugurated Jindal Steel & Power’s (JSP) TMT rebar plant at its 6 MTPA integrated steel complex in Angul district in Odisha.

Reportedly, the TMT rebar factory with a capacity of around 14 lakh tons per year is one of the largest and most modern rebar factories in the world.

Speaking of the same, Singh said, “India has become the second largest steel producer in the world, leaving major economies behind. The maximum amount of steel has been produced in Odisha. I appreciate Naveen Jindal for to have built such a beautiful mega-steel plant in Odisha.”

He also appreciated JSP’s plan to increase the capacity of the steel plant to 25.2 MTPA.

“By 2030, around 10% of India’s steel will be produced in Angul, Odisha by JSP,” he added. The Minister particularly expressed his great appreciation for JSP’s efforts to provide liquid medical oxygen to the country during COVID-19 as part of its CSR initiative. . The Union Minister also appreciated JSP for having more than 75% of its Odisha employees in the Angul plant,” he said.

During the event, JSP Chairman Naveen Jindal, Managing Director VR Sharma and Steel CEO DK Saraogi assisted the Union Minister to tour the plant facilities. Rasika Chaube, Deputy Secretary (Ministry of Steel) was also present during the broadcast.

Taking to Twitter, Naveen Jindal wrote: “It is an immense pride for us that one of the largest TMT rebar factories in the world has been dedicated to the nation by Shri @RCP_Singh, Hon. Union Minister for Steel. His vision and support will continue to guide the entire steel industry towards a better and brighter future.”

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

The steel minister said CGP is using locally available high ash non-coking coal to supply syngas to the world’s first syngas-based DRI plant. The new technology can tap into the country’s abundant coal reserves and make India Atmanirbhar and meet coal needs, thereby reducing its dependence on imported coking coal.

“We are privileged that the Honorable Union Minister has dedicated the 1.4 MTPA TMT Rebar Plant to our Angul Steel Plant. It is one of the most modern and largest rebar factories in the world. Besides producing high quality TMT rebar of different specifications for quality infrastructure construction, the rebar factory will generate thousands of indirect jobs,” said Naveen Jindal.

VR Sharma, Managing Director of JSP, said, “JSP is a forward-looking company with a vision to produce at least half of its capacity through coal gasification, which is essential to making green steel for a sustainable future”.

JSP has a vision to expand the capacity of Angul Steel Mill to 25.2 MTPA, which will be the largest and greenest steel mill in the country.

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