JSW Ispat Special Products Limited approved the proposal for incurring capital expenditure to increase the crude steel capacity at Raigarh plant of the Company. Existing capacity: 0.95 MTPA (Million Ton Per Annum). Existing capacity utilization: 75%.

Proposed capacity addition: 0.25 MTPA. Period within which the proposed capacity is to be added: 6 to 8 months. Investment required INR 850 million.

Mode of financing: Borrowing from banks and internal accrual. Rationale: To increase the crude steel capacity to 1.20 MTPA at Raigarh plant of the Company.