The company in an exchange filing disclosed that the complex will include a 13.2 million tonnes per annum capacity steel plant, a captive power plant, captive jetties with cargo-handling capacity, a cement manufacturing unit, and a modern township.
JSW Paints, an unlisted entity of diversified conglomerate JSW Group, on Tuesday said its revenues touched Rs 1,500 crore in the first nine months of FY24 and is confident of turning profitable in the current fiscal. The company is aiming to close FY24 with a topline of over Rs 2,000 crore, as per an official statement.
Higher coking coal costs remains a challenge for the company which faced a $21 increase for the steel making ingredient on QoQ basis. JSW Steel is looking at acquiring international and domestic coking coal mining assets to improve its raw materials security, thereby shielding margins from cost pressures.