The large stainless steel plant being set up by Jindal Stainless Steel Ltd (JSL) at a cost of Rs 7000 crore in Duburi, Jajpur district, India, will be completed in three phases. Jindal’s vice-chairman and managing director Ratan Jindal said the first phase of the plant would be commissioned by March 2005 and would comprise 1.5 lakh tonne of ferro chrome, 80,000 tonnes of ferro alloys and eight lakh tonnes of stainless steel production. “The second phase is a duplication of the first phase and in the final phase we will put up the hot rolling and cold rolling mills,” Mr Jindal said. The project envisaged 1.6 million tonnes of stainless steel production along with three lakh tonnes of ferro chrome, 1.6 tonne of ferro manganese and ferro silicon and 500 MW of captive power generation when fully operationalised. The first module of ferro chrome and ferro alloys production would be ready for operation between February and July next year and would be followed by setting up of coke oven battery and blast furnace for steel production in two years, he said.
