India's JSW Steel limited has begun construction of a 2 million tonne per annum integrated mill in the southern state of Andhra Pradesh, which will entail an investment of $1.72 billion, the company said in a statement on Monday, July 6.
The project work has been started by its wholly-owned subsidiary JSW Rayalseem Steel limited, which is building the low-carbon steel plant in two phases, it said. company.
A key feature of the project is its emphasis on the production of low-carbon steel. The facility was designed as a green steel plant and will use scrap metal electric arc furnace (EAF) technology powered by renewable energy. This approach is expected to reduce carbon emissions compared to traditional steel production methods.
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