French mill Fives Group has announced the signing of a landmark contract with Indian steelmaker JSW Steel for a new electrical steel project in India.
According to a statement from Fives Group, the project will be implemented at JSW Steel's Vijayanagara plant in Thoranagallu, Karnataka, and will involve the design and construction of three process lines for the production of fine electrical steel. assessments. These grades are used in electric vehicles and electric motors.
The scope of the project includes one annealing and pickling line with an annual production capacity of 600,000 tons and two annealing and coating lines, each with an annual production capacity of 270,000 tons.
The contract was signed in a consortium with the Belgian engineering company John Cockerill. Under the terms of the agreement, Fives will design and supply annealing furnaces for all three lines. The company said its technologies will provide the precise temperature control, strip quality and metallurgical properties required for high-performance, grain-free electrical steel grades.
JSW Steel, India's largest private steelmaker, is expanding electrical steel production as part of its efforts to support India's industrial development plans, which aim to double the country's steel production capacity by 2030.
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