The Indian JSPL will start in Oman enterprise "green metallurgy"

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Company Vulcan Steel through which Navin Dzhindal since 2020 controls the Indian Jindal Steel %26 Power Limited (JSPL), plans to attract $2,5 billion for constructions production plant "green" steel in the city of Dukm in Oman. The general investments in the project are estimated at $3 billion. Funds of Vulkan Steel for it expects to raise through the non-bank credit organizations. Start of productions at the 5 million t enterprise in a year company plans in 2027 Management to them JSPL will be transferred. It not the only JSPL project in Oman. In March the same it announced start for the end of 2023...
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Navin Dzhindal
Last position: Chairman (JSPL)