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JSW Steel invests Rs 19000 crore in Dolvi plant expansion

JSW Steel’s forthcoming third phase of capacity expansion at its Dolvi plant, Maharastra is poised to be one of the most economical brownfield expansions for the company.

  • Jayant Acharya, the chief executive officer of JSW Steel, disclosed that the company will invest slightly over Rs 19,000 crore in this capacity augmentation project, primarily aimed at meeting the rising demand for value-added special steel products.
  • Acharya emphasised the cost-effectiveness of this endeavour, citing existing infrastructure and equipment from phase two as contributing factors.
  • This investment is set to elevate JSW Steel’s total capital expenditure to over Rs 64,000 crore within three years.

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