Carrying on with its plans of expansion, JSPL plans to invest US$ 10 billion in the state of Jharkhand for establishing a steel plant of capacity 12 MTPA and a captive power plant with production capacity of 2640 MW in phases.
The company is setting up a 6 MTPA steel plant and a 1320 MW captive power plant (CPP) at Patratu, district Ramgarh. A wire rod mill of 0.6 MTPA and a bar mill of 1 MTPA with rebar service centre has already been commissioned. These mills are equipped with the latest state-of-the-art technology to offer superior quality products like wire rods, TMT, rounds, angles RCS and ready-to-use products welded wire mesh and cut & bend rebar.
At Patratu, JSPL has taken over the assets of the closed Bihar Alloys and Steel Limited, which is about 40 km from Ranchi. Using the available land and adding some more, the company is setting up new steel and power plants. This endeavour would provide gainful employment to a large number of people and aid in the economic and infrastructure development of the area.
The company plans to set up a 6 MTPA steel plant at Asanboni and a 1320 MW CPP at Godda as well.
The plant facilities for the first phase at Patratu include: