JSW Steel has announced a significant ramp-up in its renewable energy procurement, reinforcing its commitment to sustainable growth. The company’s Board has approved a Power Purchase Agreement (PPA) to source a total of 1,637 MW of renewable power across its major facilities located in Vijayanagar, Dolvi, Salem, and Anjar. Currently, 375 MW of this capacity has been commissioned, with an additional 580 MW expected to be operational by March 2025 [1].
Key Highlights
- Hybrid Renewable Energy Setup: The Board has also approved a new hybrid renewable energy capacity of 600 MW, which includes:
- 200 MW of solar power dedicated to the Dolvi plant
- 400 MW of wind power at Dolvi
- 60 MW at the Salem facility
- 210 MW at JSW Steel Coated Products
- Total Renewable Capacity: With these additions, JSW Steel’s total renewable energy procurement capacity will reach 2,507 MW. These capacities are being developed under group captive norms as per the Electricity Act and are projected to be fully operational by FY27 [2].
Ongoing Projects Update
JSW Steel has also provided updates on its ongoing projects, particularly at the Vijayanagar facility:
- A Hot Strip Mill, part of a 5 million tonnes per annum (MTPA) project executed by JSW Vijayanagar Metallics Ltd., was commissioned in March 2024.
- Key components, including the Raw Material Handling System, Sinter Plant, and Blast Furnace, have been activated, with the Steel Melt Shop nearing completion. The facility is expected to ramp up production in Q4 FY25.
- The shutdown of Blast Furnace-3 at Vijayanagar, necessary for a 1.5 MTPA expansion, has been rescheduled to the first half of FY26 [1][2].
Additional Developments
- The Phase-II expansion of Bhushan Power & Steel Limited (BPSL) from 3.5 MTPA to 4.5 MTPA is now complete, with all major equipment operational.
- JSW Steel Coated Products Ltd. has initiated commissioning activities for a new colour-coated line in Jammu & Kashmir, with an output capacity of 0.12 MTPA [2].
Conclusion
JSW Steel’s strategic initiatives in renewable energy procurement and ongoing project developments reflect its commitment to sustainability and operational efficiency.
Learn more:
- JSW steel renewable energy: JSW Steel to commission procurement of 580 MW renewable power by March 2025 – The Economic Times
- JSW Steel Expands Renewable Capacity to 2,507 MW; Advances Key Project Milestones | Entrepreneur
- JSW Steel Plans to Commission 580 MW Renewable Power Procurement by March 2025. | News On Project
