Jindal Steel & Power (JSPL) – one of India’s major steel makers is looking for prospective investors/industrialists to set up Ferro Alloy plant in its O P Jindal Industrial Park, Raigarh.
Firms can submit their expression of interest to set up their Ferro Alloy units in its O P Jindal Industrial Park, Raigarh. JSPL has an annual Ferro Alloys requirement of 350,000 MT, and it intends to fulfill its Ferro Alloys requirement from the units set up in the Industrial Park. Moreover, JSPL may also support these Ferro Alloys units with supply of raw material.
JSPL recorded its highest ever production and sales in FY17. JSPL recorded steel production and sales at over 4.8 MnT in the last fiscal.
The said Industrial Park offers the following advantages:
- Power supply at low rates
- Required plot of land on long-term lease basis
- logistic supports along with market for finished products
- Supply of skilled manpower
In addition, The Government of Chhattisgarh also has favorable policies, which includes, subsidizing of fixed capital investment, interest, project report, quality certification, technology purchase and margin money. Moreover, it also exempted the industries from stamp duty, entry tax and electricity duty for 5 years.
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