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JSW Steel to Invest ₹60k Cr in Green Steel

The New Indian Express Thiruvananthapuram

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April 16, 2025

JSW Steel will invest ₹50,000-60,000 crore to build a 10 million tonne per annum green steel plant over the next three to four years.

- ENS ECONOMIC BUREAU @ Mumbai

The products from the plant will be made for European markets. JSW Group chairman Sajjan Jindal told reporters here the move to build an exclusive green steel plant is to meet the European condition of meeting carbon border management mechanism. He said the proposed plant will be a brownfield expansion at flagship Alibaug unit, which is off the eastern coas

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