This Jindal Group Company Completes Expansion of 6 MTPA at Angul; Overall Crude Steel Capacity now stands at 15.6 MTPA
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Jindal Steel Ltd has completed a 6 MTPA expansion at its Angul plant, boosting overall crude steel capacity to 15.6 MTPA.
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Jindal Steel Ltd is making a bold push to strengthen its domestic steel footprint with aggressive capital expenditure (Capex) under its expansion program. As of December 31, 2025, the company has invested Rs 32,925 crore, progressing steadily towards the total announced capex of Rs 47,043 crore.
On Tuesday, March 24, 2026, the company announced the successful completion of the 6 MTPA capacity increase at its Angul Integrated Steel Complex in Odisha. The commissioning of the third Basic Oxygen Furnace (BOF-3) with a capacity of 3 MTPA has now increased the plant’s total crude steel capacity to 12 MTPA.
The expansion completes the operationalisation of BOF 2 & BOF-3. The expansion also integrates critical upstream and downstream facilities, including coke ovens, the CRM complex, and other essential infrastructure, ensuring smooth ramp-up and operational efficiency. This enhanced capacity is expected to boost production volumes, optimise costs, and deliver improved margins. Beyond business benefits, the expansion supports India’s infrastructure growth and aligns with the national vision of Atmanirbhar Bharat.
With the Angul facility fully operational at 12 MTPA, along with 3.6 MTPA at its Raigarh facility, Jindal Steel’s overall crude steel capacity now stands at 15.6 MTPA.
Jindal Steel Ltd is one of India’s leading integrated steel producers, manufacturing high-quality steel products. The company runs state-of-the-art facilities in Angul, Raigarh, and Patratu, and maintains strategic operations across India and Africa. Its products are used in core sectors such as infrastructure, Construction, and manufacturing.
Jindal Steel Ltd Share Price Performance
As of 12:10 PM IST on March 24, 2026, Jindal Steel Ltd is trading at Rs 1,119, up Rs 12.80 or 1.16 per cent from its previous close of Rs 1,106.20. The share opened the day at Rs 1,129.40, reached an Intraday high of Rs 1,138.50, and touched an intraday low of Rs 1,111 so far.
Also, the share price has delivered strong returns over time, with a year-to-date (YTD) gain of 4.66 per cent and a 1-year increase of 21.18 per cent.
Disclaimer: The article is for informational purposes only and not investment advice.