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JSW Steel has announced that a significant portion of its ₹20,000 crore capital expenditure for FY2025–26 will be directed toward the Phase-III expansion of its Dolvi facility in Maharashtra. The expansion aims to increase the plant’s capacity from the current 10 million tonnes per annum (Mtpa) to 15 Mtpa, with completion targeted by September 2027.
This move is part of JSW Steel’s broader strategy to enhance its total capacity to 50 Mtpa by FY2030–31. The company is focusing on brownfield expansions, particularly at its Dolvi and Vijayanagar sites, to achieve this goal efficiently.
The capital investment will be primarily funded through internal accruals. In FY2024–25, the company had already spent ₹16,752 crore on various expansion projects. Alongside the Dolvi upgrade, the remaining capex will support the completion of facilities under JSW Steel’s subsidiaries, including Bhushan Power & Steel and Jindal Vijayanagar (JVML), as well as downstream processing units.
With this expansion plan, JSW Steel reaffirms its position as one of India’s leading steel producers, bolstering domestic capacity while maintaining financial prudence through cost optimization and sustainable funding practices.
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