Jai Balaji has announced that it has commissioned its 0.45 million tonne Alloy & Stainless Steel division at its integrated steel plant at the Banskopa area of Durgapur in West Bengal. The INR 2.25 billion division includes an oxygen and argon plant, bloom and blister caster. The division is capable of producing a wide variety of value added alloys and stainless steel products that are directly or indirectly consumed railways, defense forces, forging and engineering industry, besides those making capital equipment and automotive components. The group is also going ahead with its Purulia, West Bengal project, consisting of a 5 million tonne per annum integrated steel plant, a 3 million tonne cement plant and 1215MW power plant. The Purulia project will see a total investment of INR 16,000 crore.
