Neelachal Ispat Nigam Ltd (NINL), located in Kalinganagar in the Jajpur district, is planning to expand its capacity to produce 9.5 million tonnes of crude steel annually (MTPA).

The Neelachal Ispat was established in 1982 for iron and steel production. In line with the National Company Law Tribunal’s process, the corporate insolvency resolution for NINL began February 6, 2019.

Accordingly, Tata Steel Long Products Limited was declared the successful investor in this process. Share sale and agreement signing was completed between NINL stakeholders and Tata Steel Long Products Limited March 10, 2022. Following this, Tata Steel completed the acquisition of NINL July 4, 2022.

Plans are in place to increase the crude steel production capacity at NINL plant from the present capacity of 0.981 MTPA to 9.5 MTPA annually. The Ministry of Environment, Forest, and Climate Change of the Government of India has been approached for permission to conduct necessary public hearings regarding this proposed expansion.

According to available information, raw material demand for this steel plant is expected to increase from 4.7 MTPA to 27 MTPA. The plant’s maximum power requirement of 758 megawatts (MW) will be met with 557 MW from grid, 288 MW from the captive power plant, and 78.5 MW from renewable energy sources.