JSW begins work on Kadapa steel plant

Steel Insights Bureau

Andhra Pradesh Chief Minister YS

Jagan Mohan Reddy and JSW

Steel Chairman cum MD Sajjan Jindal recently laid the foundation stone and performed the Bhoomi Puja for the JSW Steel Plant project at Sunnapurallapalle village, Jammalamadugu mandal in YSR Kadapa district.

On December 13, the state Cabinet had given approval for the construction of the steel plant to be spread over 3,295 acres which has been acquired in Jammalamadugu.

In the first phase, JSW will invest `3,300 crore in the plant and 1 million tons per annum (mtpa) will be produced in the first year.

The plant will then be expanded to 2 mtpa in the second phase and will eventually reach 3 mt capacity.

The total investment for all the three phases would be `8,800 crore, according to Reddy.

“It’s an honour to mark the groundbreaking ceremony of our new steel plant at Kadapa in Andhra Pradesh. This steel plant has been a long cherished dream of the state, of the people of Kadappa, and finally, because of the hard work, persuasion and dedication of the Chief Minister Jagan Mohan Reddy that the project is going to see the light of the day,” Sajjan Jindal, Chairman and Managing Director, JSW Steel, said at the groundbreaking ceremony.

“The plant embodies a spirit of responsibility and progress. By utilising the latest clean energy and waste management systems, we aim to exceed industry standards in terms of environmental impact,” Jindal said.

Once the steel plant is built, an ecosystem a capacity of 3 mt. Total investment would be `8,800 crore. will be developed with several ancillary units. Once the ecosystem is created, then the entire area would be transformed into a Steel City, Jagan said after laying the foundation stone.

The CM said all necessary infrastructure such as road, power and water supply will be provided at an outlay of `700 crore, to the plant.

Jagan expressed hope that the steel plant would be commissioned in 24 to 30 months.

Sajjan Jindal said the laying of the foundation is just the beginning and it will convert into a big steel plant in the years to come.

“The steel plant which he set up in Bellary in 1995 with an initial production capacity of 1.2 mtpa has now reached 13 mtpa and is poised to become the world’s largest steel plant with 25 mtpa in the next few years. I can promise you that over the years this place will blossom. This will be known on the map as the steel district of India,” Jindal said.

He expressed his desire to create a model steel plant in Kadapa district, which will be