Jindal Steel & Power Ltd (JSPL) has requested the State government to execute the pre-emption policy to offer iron ore for Odisha-based iron and steel manufacturing plants. Admitting the fact that steel industries in the State are reeling
under severe iron ore crisis, Managing Director of JSPL VR Sharma declared his firm has applied to the State government to provide iron ore for its 9 MTPA pellet plant at Barbil in Keonjhar district under the proactive policy.
With its 6 MTPA capacity steel plant in Angul district, JSPL is ready to stipend for the raw material according to the IBM determined charge, he added.
Industry bodies like Confederation of Indian Industries, Pellet Manufacturers’ Association of India, Odisha Sponge Iron Manufacturing Association and others have made representations to the State government stressing the acute shortage of iron ore for the State-based industries and the skyrocketing rise in iron ore prices.
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