Naveen Jindal

By Bizodisha Bureau, Bhubaneswar, May 12, 2017 : Jindal Steel and Power Plant’s (JSPL) will commission its six million tonne per annum [mtpa] steel plant by the end of May, JSPL chairman Naveen Jindal said on Friday.

With the commissioning of the blast furnace, JSPL will become India’s fourth largest steelmaker after JSW, SAIL and Tata Steel.

The company enhanced the capacity of its steel plant at Angul in Odisha to six million tonne per annum (mtpa) from 2 mtpa in the first phase.

Jindal said the sinter plant has already been commissioned and the blast furnace is likely to be commissioned by next week. 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.

Jindal, who met chief secretary A.P. Padhi and other officials at the state secretariat here, also sought the withdrawal of the hike in electricity duty on Captive Power Plants (CPPs).

“I appeal the state government to withdraw the decision as hiking electricity duty from 30 paise to 55 paise would affect the business of the investors,” he said.