Construction Industry News
Steel manufacturing major Jindal Steel & Power Ltd is planning to spend $2.4 billion for the next six years to increase capacity.
The New Delhi-based company said in an investor presentation on Tuesday that the steelmaker intends to increase overall crude steel capacity from 8.6 million tons to 15.9 million tonnes (mt)by March 2025. It also said that the investment also includes plans to more than double pellet production capacity to 21 mt by 2024.
The once India’s biggest steel maker by market value, Naveen Jindal-led mill, is ready to make new investments for development and growth after aggressively decreasing its levels of debt by more than 60% since 2018.
![P.A.Traditional Handwork Golden Border Jardosi/Patch Work & Moti Toran for Main Entrance Door Hanging Toranam/Bandarwal.[36 Inch]](https://m.media-amazon.com/images/I/41RcPwhmTOL._SY300_SX300_QL70_FMwebp_.jpg "P.A.Traditional Handwork Golden Border Jardosi/Patch Work & Moti Toran for Main Entrance Door Hanging Toranam/Bandarwal.[36 Inch]")
585
1000
7022
10999
785
1399
14298
28599
5346
8554
299
450
2895
5250
1857
2217
3487
5578
3389
0
370
600
199
699
299
899
6100
18300
273
700
