JSPL to construct 2-mt cement plant near Angul steel unit

Navin Jindal-owned Jindal Steel and Power (JSPL) is planning to set up a two-million-tonne cement plant near its steel plant at Angul in Odisha.

Estimated to cost about Rs 5 billion, the project will come up within an industrial park being promoted by the company in the area.

According to a Business Standard report, the company will use granulated slag, a by-product of the steel unit, as feed stock for the cement plant.

It quoted a senior official of the company as saying: “With the expansion of the steel making capability to six million tonnes, we are now producing enough granulated slag to sustain a cement unit of two-million-tonne capacity.”

He added: Granulated slag being in high demand, we are now selling it to different cement manufacturers and also exporting the product to Nepal.

Image Credit : i.ndtvimg.com

Download Now – Special Research Report

A 110 page special research report that highlights around 580 key investments happened in the year 2018-19.

Daily Newsletter

Enter your email address:

Delivered by FeedBurner