JSW Steel announced that its wholly owned subsidiary, JSW Vijayanagar Metallics is undertaking a brownfield expansion project.
The company has earmarked a capex investment of Rs 15000 crore for the new 5 MTPA project at JSW Steel Vijayanagar Works integrated steel facility in Ballari, Karnataka.
The Environmental Clearance (EC) for the project has got the approval from the Ministry of Environment, Forests & Climate Change, Government of India and preliminary clearance from the 'Single Window High-Level Clearance Committee' (SHLCC),
As part of the 18 MTPA Roadmap for its Vijayanagar Works Steel Facility, JSW Steel aims to achieve an additional 1 MTPA expansion through upgradation of the current facility to achieve 13 MTPA capacity within the next 12 months.