The ministry of Environment and Forests (MoEF) has granted Environment Clearance (EC) to JSW Steel's proposed 10 MTPA (Million Tonnes Per Annum) integrated steel plant and 900 MW captive power plant (CPP) in Sonahatu Block in Ranchi district of Jharkhand.
In March last year, the company had applied for grant of EC and the Expert Appraisal Committee (EAC) under the MoEF had considered the proposal on 30th December 2015 and then in April 30th of this year. After detailed deliberations the EAC had recommended the ministry to grant EC to the project.
As per the proposal, JSW steel would set up the 10 MTPA steel project at an area of 3800 acres. The integrated steel project includes setting up of 29.0 Mt/ year Beneficiation Plant, a 8 MTpA pellet plant, 6Mt/yr coke oven plant, 3X5200 m3 Blast furnace. The Company will set up a 900 MW coal fired captive power plant and a township. The company plans to invest 35,000 Crore in the project.
The phase-I of the project will employ 5000 people which will be doubled in the second phase.
JSW is India's largest steel producer in private sector, which has an installed capacity of 18.3 MTPA.