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JSW Steel has started construction of its proposed 2 million tonnes per annum (MTPA) steel plant in Andhra Pradesh through its wholly owned subsidiary, JSW Rayalaseema Steel Ltd. The project, with a total planned investment of over INR 16,350 crore, will be developed in two phases and will use Electric Arc Furnace (EAF) technology to produce low-carbon-emission structural steel. The facility is expected to strengthen the company's manufacturing footprint while supporting India's transition towards more sustainable steel production using recycled scrap and direct reduced iron.
JSW Steel has commenced construction of its proposed 2 MTPA steel plant at Rayalaseema in Andhra Pradesh. The project, being developed through its wholly owned subsidiary, JSW Rayalaseema Steel Ltd, involves a total planned investment of more than INR 16,350 crore and will be executed in two phases.
In a statement issued during the past week, the company said the first phase will involve an investment of INR 4,500 crore to set up a 1 MTPA integrated steel plant. The facility will manufacture low-carbon-emission steel products, in line with the company's efforts to expand its portfolio of environmentally responsible steel production.
The second phase will see an additional investment of up to INR 11,850 crore to expand the plant's capacity from 1 MTPA to 2 MTPA. Once completed, the total investment in the project will reach over INR 16,350 crore.
The Rayalaseema plant will use Electric Arc Furnace (EAF) technology, which is considered a cleaner steelmaking process than conventional blast furnace operations. The facility will primarily use recycled steel scrap and high-grade direct reduced iron (DRI) as raw materials to manufacture structural steel. The technology is expected to help reduce carbon emissions while improving resource efficiency.
The project is part of JSW Steel's ongoing capacity expansion strategy across India. In recent years, the company has been increasing investments in new steelmaking facilities and brownfield expansion projects to meet rising domestic demand driven by infrastructure, manufacturing and construction activities. The focus on EAF technology also aligns with the Indian steel industry's broader push towards lower-carbon steel production.
JSW Steel, the flagship steel business of the JSW Group, currently has a combined crude steel production capacity of 37.9 MTPA. This includes 4.5 MTPA operated through its joint venture with JFE Steel.
Source PTI
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