Jindal Steel & Power begins production at Gare Palma IV/6 coal mine

Jindal Steel & Power (JSP) proudly announces the successful launch of production at the Gare Palma IV/6 coal mine, strategically located in Chhattisgarh. This momentous achievement signifies a crucial milestone in JSP’s ongoing efforts to enhance its raw material security. Additionally, the newly operational mine will play a pivotal role in supporting the proposed expansion of Jindal Steel & Power‘s Raigarh integrated steel plant, aimed at increasing its capacity from 3.6 Million tons per annum (MTPA) to an impressive 9.6 MTPA.

Empowering AtmaNirbhar Bharat Vision

Bimlendra Jha, Managing Director of Jindal Steel & Power, emphasizes that this proposed expansion aligns seamlessly with the vision of AtmaNirbhar Bharat. The endeavor aims to significantly bolster India’s steel production capacity, all while utilizing indigenous coal resources. JSP’s commitment to this ambitious expansion project is reflected in its intention to primarily finance it through internal accruals, ensuring a robust and sustainable financial foundation.

With the Gare Palma IV/6 coal mine coming online, Jindal Steel & Power is poised to not only strengthen its own operations but also contribute significantly to India’s steel production landscape, reinforcing its commitment to self-reliance and sustainability.