The Business Bytes
TBB BUREAU
BHUBANESWAR, APRIL 12, 2022
The Union Ministry of Environment & Forest and Climate Change (MoEF&CC) has given environmental clearance to the 52 MTPA capacity captive jetty of JSW Utkal Steel Ltd (JUSL) for its integrated greenfield steel plant project in Odisha.
The Rs.2104-crore all-weather, multi cargo captive jetty project is proposed along the waterfront of the Jatadhari river.
This captive jetty, to be set up adjacent to the JSW steel plant on the bank of Jatadhari River near Jatadhari Muhan and shall cater to the inbound and outbound cargo requirements of the steel plant helping it reduce the infrastructure cost for the production of steel.
The proposed project is expected to boost revenue for the State and Centre in the form of various taxes and duties; and there will be 72,000 direct and indirect employment opportunities through various phases of JSW’s integrated steel plant project in Jagatsinghpur district.
“JSW is known for its sustainability focus and we have comprehensive plans to take up livelihood improvement at the project site and vicinity through women empowerment, improvement in health, education sector and overall socio-economic development of the local community,” said Ranjan Nayak, COO, JSW Steel Ltd.
The 13.2 MTPA crude steel ISP of JSW also comprises a 900MW captive power plant (CPP), and a 10 MTPA cement grinding & mixing unit. Iron ore for the ISP shall be sourced through slurry pipeline from a 30 MTPA Iron Ore Grinding & De-sliming Plant proposed in Keonjhar district.
