Carrying on with its plans of expansion, JSPL plans to invest US $ 6.00 billion (Rs. 30,000 Crore) in the state of Jharkhand for establishing a steel plant of capacity 11 MTPA and captive power plant with production capacity of 2600 MW in phases.
The company is setting up a 6.0 million TPA steel plant and 1609 MW captive power plant (CPP) at Patratu and it plans to set up a 5.0 MTPA steel plant and a 1000 MW CPP at Asanboni. At Patratu, JSPL has taken over the assets of the closed Bihar Alloys & Steel Limited, which is about 40 Kms 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 economic and infrastructure development of the area.
The plant facilities for the first phase at Patratu include:
- 1.9 million TPA coke and by-product plant
- 3.8 million TPA sinter plant
- 4019 m3 blast furnace
- 2 x 160 ton basic oxygen furnace (BOF)
- Ladle furnace
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- Vacuum degassing unit
- 2 nos. of 6-Strand billet caster
- 2x1.0 million TPA bar mill
- 0.6 million TPA wire rod mill
- Oxygen plant
- Lime and dolomite calcination plant
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- Work is in progress for the establishment of :
- Bar mill of 1.0 million TPA
- Wire rod mill of 0.6 million TPA
- Civil and structural work
- Basic engineering for different plant facilities are in progress.
- Jeraldaburu iron ore mines, Jitpur coal block and Amrakonda-Mugadangal coal block allocated
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- Adopted 11 villages such as Balkudra, Kurse, Dewaria, Gegda, Rasda, Labga, Jainagar
- Many projects undertaken in adjoining villages for up gradation of basic services such as sanitation, healthcare, education, plantation of trees, building of roads, etc.
- OP Jindal Institute of Technology and Skills established to train local youths under Modular Employment Schemes (welder, electrician & MMV).
- Renovated several schools and distributed books & furniture. JSPL runs evening coaching centers and adult education classes.
- Set up regular health check-up camps in villages by specialist doctors & specialized camp for cataract eye operation.
- Participation in government schemes such as Pulse Polio Vaccination Campaign, AIDS awareness and diarrhoea control campaigns.
- Mega camps for livestock vaccination, de-worming & dehorning and distribution of medicines & vitamins.
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