Jindal Steel Commissions New 3 MTPA Basic Oxygen Furnace at Angul, Expands Steelmaking Capacity to 9 MTPA

Jindal Steel has successfully commissioned its 250 MT Basic Oxygen Furnace (BOF) Converter at the Angul integrated steel plant, adding 3 MTPA of crude steelmaking capacity. With the first heat now tapped, the company's total capacity at Angul has risen from 6 MTPA to 9 MTPA-bringing Angul closer to its goal of achieving 12 MTPA within the current financial year.

The synchronised commissioning of Blast Furnace 2 and BOF Converter marks a significant milestone for India's steel self-reliance. This integrated flow into downstream mills ensures steady supplies of Indian-made steel for infrastructure, energy, Automotives, Oil & Gas and Real Estate sectors.

"The new BOF is now running, and the first heat has been tapped. With this, Angul gains real muscle in steelmaking. Every tonne we produce here strengthens India's ability to rely on its own capacity," said Mr Naveen Jindal, Chairman, Jindal Steel.

Shares of Jindal Steel & Power Limited was last trading in BSE at Rs. 1063.80 as compared to the previous close of Rs. 1042.90. The total number of shares traded during the day was 40942 in over 2830 trades.

The stock hit an intraday high of Rs. 1069.25 and intraday low of 1042.90. The net turnover during the day was Rs. 43535167.00.

Source : Equity Bulls

Keywords

JindalSteel INE749A01030 3MTPA BasicOxygenFurnace Angul