Excluding Bhushan Power and Steel Ltd, which was acquired through insolvency proceedings, JSW Steel’s current production capacity in India stands at 29.7 million tonnes. Including BPSL and overseas projects, the company’s total capacity is expected to reach approximately 56 million tonnes by the financial year 2031.
To support its 50 million tonne capacity target, JSW Steel is preparing to implement two major expansion projects in Dolvi, Maharashtra, and Utkal, Odisha. Under the Dolvi Phase III expansion, the plant’s capacity will be increased from 10 million tonnes to 15 million tonnes. The project is scheduled for completion in September 2027, and company officials stated that orders for long lead items have been placed and the required letters of credit have been established.
Meanwhile, the board of JSW Steel has also approved the establishment of a new steel plant with a capacity of 5 million tonnes at a greenfield site in Jagatsinghpur, Odisha. The investment will be carried out under its subsidiary, JSW Utkal Steel Ltd. The project is expected to require capital expenditure of around INR 316 billion and is targeted to be commissioned by the financial year 2030.
The new facility will have the potential to expand to 13.2 million tonnes over the long term and will represent the first phase of industrial development in the region. With the planned investments, JSW Steel aims to increase production capacity, strengthen its position in the domestic market, and enhance its global competitiveness.
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