JINDAL STEEL LIMITED has informed the Exchange regarding a press release dated September 30, 2025, titled "Jindal Steel Commissions New 3 MTPA Basic Oxygen Furnace at Angul, Expands Steelmaking Capacity to 9 MTPA".
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Jindal Steel has commissioned a new 3 MTPA Basic Oxygen Furnace (BOF) at its Angul integrated steel plant in Odisha. With the first heat successfully tapped, total crude steelmaking capacity at Angul has risen from 6 MTPA to 9 MTPA. The expansion is synchronised with Blast Furnace 2, enabling steady hot metal flow into downstream products. The company aims to scale Angul's capacity to 12 MTPA within the current financial year. Chairman Naveen Jindal highlighted that this strengthens India's domestic steel self-reliance for infrastructure, energy, automotive, oil & gas, and real estate sectors.
This is a meaningful capacity expansion that should boost future production volumes and revenue potential at Jindal Steel's flagship Angul plant. Positive for long-term growth, though near-term stock impact may be limited as the commissioning was largely anticipated. Investors should track volume ramp-up and utilisation in coming quarters.