Jindal Stainless Ltd (JSL) will increase capacity at its plant in Hissar, Haryana. The company is also planning to raise capacity at its facility in Indonesia threefold to 150,000 metric tons. JSL will be increasing the cold-rolled capacity from 100,000 tons to 250,000 tons by September next year and stainless steel melting capacity at the Hisar plant to 720,000 tons from 600,000 tons at Hisar plant. The investment for the Indonesia plant will be used for installing new machines in the existing facility to keep pace with growing demand for stainless steel in the SE Asian region. JSL is also planning to build a 1.6 million tons green-field stainless steel manufacturing plant in Orissa, India. The first phase of the project, involving a capacity of 800,000 tons and a 290 MW captive power plant, is scheduled for completion in three years. In the second phase of expansion, the production capacity of the Orissa plant will be doubled to 1.6 million tons with a power plant capacity of over 500 MW. The second phase will take around two years after completion of the first phase.
