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India's JSW Steel Advances USD 1.96 Billion Rayalaseema Green-steel Project to Boost Domestic Long-steel Supply

2026-10-19 50 Font size: A- A A+

       Andhra Pradesh, India, August 10. JSW Steel, India's leading private steel producer, pushed forward construction work for its integrated low-carbon steel complex in Rayalaseema, Andhra Pradesh state, with total investment equivalent to USD 1.96 billion. The new facility will be built in two separate phases. Phase one will build a one-million-tonne-per-year electric-arc-furnace-based steel plant planned for commercial commissioning around 2028. Phase two will expand total annual capacity up to two million tonnes. The project will make heavy use of local solar and wind renewable-power resources to lower carbon emissions throughout steelmaking operations. Upon full completion, this new steel complex will greatly improve domestic supply capacity for long steel products in southern India, supporting national infrastructure programs, real-estate construction and domestic manufacturing expansion. Company management stated that the Rayalaseema plant forms a key component of JSW Steel's medium-term expansion strategy, helping the group lift overall output and reduce India's reliance on imported long-steel materials. Regional market analysts add that more large-scale green-steel projects are expected to break ground across India within the next two years, as domestic steel demand keeps expanding steadily.