JSW Steel Commences Steel Plant Project
07/03/2026 - JSW Steel announced it has begun development if its up to ₹16,350 crore Rayalaseema Steel project in Andhra Pradesh, India.
The project will include electric arc furnace technology using recycled scrap and direct reduced iron as raw materials to manufacture structural steel. It is being designed with special focus on operational efficiency, resource optimization and green structural steel for national and global use, the company said.
“The project aligns with our long-term strategy of building future-ready manufacturing assets while supporting regional industrial development. We believe the project will play an important role in strengthening domestic steelmaking capabilities and supporting the region's growth ambitions,” said Jayant Acharya, joint managing director and chief executive officer of JSW Steel.
The company said the project will be completed in phases for its subsidiary JSW Rayalaseema Steel Ltd. The first phase will include a steel plant which can produce 1 million metric tons of green steel products annually. The second phase will expand the capacity to 2 million metric tons annually.
The project is expected to assist in developing secondary industries, logistics infrastructure and economic activity across the Rayalaseema region, the company said.
“The project aligns with our long-term strategy of building future-ready manufacturing assets while supporting regional industrial development. We believe the project will play an important role in strengthening domestic steelmaking capabilities and supporting the region's growth ambitions,” said Jayant Acharya, joint managing director and chief executive officer of JSW Steel.
The company said the project will be completed in phases for its subsidiary JSW Rayalaseema Steel Ltd. The first phase will include a steel plant which can produce 1 million metric tons of green steel products annually. The second phase will expand the capacity to 2 million metric tons annually.
The project is expected to assist in developing secondary industries, logistics infrastructure and economic activity across the Rayalaseema region, the company said.
