JSW-JFE Next-Gen Steel Capacity Expansion at Bhushan Power & Steel Limited
Sector: Steel • Location: Sambalpur, Odisha, India
Source: The Morning Voice
A ₹32,000 crore joint venture between JSW Steel Limited and JFE Steel Corporation to expand the steel production capacity at Bhushan Power & Steel Limited in Odisha's Sambalpur district from 4.5 MTPA to 10 MTPA. The project focuses on producing high-value steel products including hot-rolled and cold-rolled steel, supported by a foreign investment of around ₹15,750 crore from Japan. It aims to enha
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Participants
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Status
Original status | planned |
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Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
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Contact
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Description
Description | A ₹32,000 crore joint venture between JSW Steel Limited and JFE Steel Corporation to expand the steel production capacity at Bhushan Power & Steel Limited in Odisha's Sambalpur district from 4.5 MTPA to 10 MTPA. The project focuses on producing high-value steel products including hot-rolled and cold-rolled steel, supported by a foreign investment of around ₹15,750 crore from Japan. It aims to enhance India's manufacturing strategy towards value-added production and reduce dependence on imports of specialized steel. |
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Original Currency | USD |
Original budget | 000000000000000 |
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Location
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Source
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Data quality score | 100% |
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