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JSW Steel proposes Rs 2,100-cr iron ore, coal slurry pipeline in Karnataka

It will enable JSW to meet 50% of the current iron ore requirement at its Vijayanagar Works plant

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Crude steel output in the first two months grew by 4.5 per cent to 16.4 million tonnes.

Megha Manchanda New Delhi
JSW Steel on Thursday proposed constructing a Rs 2,100-crore slurry pipeline project to transport iron ore and coal at competitive prices in Karnataka, where it is currently operating a 12-million tonnes per annum (MTPA) integrated steel plant.

Transportation of iron ore through a slurry pipeline is environmentally friendly. The project will contribute to alternate sources of iron ore from outside Karnataka at competitive prices, JSW Steel said in a statement.

The proposed pipeline can be set up within 24 months at an estimated cost of Rs 2,100 crore. If approved, it will facilitate the transportation of iron ore at a