JSW Green Steel Salav plant

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JSW Green Steel Salav plant, also known as Welspun Maxsteel (formerly), Vikram Ispat (formerly), is a steel plant in Salav, Murud, Raigad, Maharashtra, India that operates electric arc furnace (EAF), ironmaking, and direct reduced iron (DRI) technology.

Location

The map below shows the exact location of the plant in Salav, Murud, Raigad, Maharashtra, India:

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  • Location: Salav, taluka Murud, district Raigad, Maharashtra, India
  • Coordinates (WGS 84): 18.530853, 72.947091 (exact)

Background

The plant was set up in 1989 as Vikram Ispat by Aditya Birla Group with a design capacity of 750 ttpa.[1] Welspun acquired the plant in 2009 and renamed it as Welspun Maxsteel.[2] JSW Steel acquired the plant in 2014 for INR 1,000 crores.[3][4][5] A proposal to set up and integrated steel plant of capacity 1.5 mtpa was modified in 2015 due to shortage of natural gas. The new proposal involved setting up a 3 mtpa steel plant using Corex technology and EAF at a cost of INR 12,000 crores.[6][7] The expansion project seems to have been dropped as there have been no updates on it since 2015 and it does not appear in JSW steels overall expansion plans.[8]

In February 2024, JSW Green Steel Limited was incorporated by JSW Steel for setting up a 4 mtpa integrated green steel plant at the Salav Works in phases. In March 2025, the Salav unit with 0.9 mtpa DRI capacity was officially transferred to JSW Green Steel Limited.[9] JSW Steel plans to spend INR 50,000 to 60,000 crore on expanding capacity at the Salav Works over a period of three to four years to build a production capacity of 10 mtpa.[10]

Ownership Tree

This ownership tree is part of the Global Energy Ownership Tracker, a project of Global Energy Monitor.

Plant Details

Table 1: General Plant Details

Start date Workforce size Power source Iron ore source
1993[11][12] 297[13] unknown unknown

Table 2: Ownership and Parent Company Information

State-owned entity status Parent company Parent company PermID Parent GEM entity ID Owner Owner company PermID Owner GEM entity ID
Partial JSW Steel Ltd [100.0%] 4295872888 [100.0%] E100001000516 [100.0%] JSW Green Steel Ltd [100%][14] 5093571666 E100002016710 [100%]

Table 3: Process and Products

Steel product category Steel products ISO 14001 ISO 50001 Main production equipment
crude[15] HBI, DRI[15] unknown unknown DRI; EAF; Iron other/unspecified

Table 4: Plant-level Crude Steel Production Capacities (thousand tonnes per annum)

1Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
Capacity operating status1 Electric arc furnace steelmaking capacity Nominal crude steel capacity (total)
announced 10000[16][17] 10000[16][17]
cancelled 3000[18] 3000[18]

Table 5: Plant-level Crude Iron Production Capacities (thousand tonnes per annum)

1Please see our Frequently Asked Questions page for an explanation of the different capacity operating statuses.
Capacity operating status1 Sponge iron/DRI capacity Other/unspecified iron capacity Nominal iron capacity (total)
announced 0 – 0
cancelled 750[18] 1700[19] 2450[19][18]
operating 900[17] – 900[17]

Table 6: Upstream Products Production Capacities (thousand tonnes per annum)

Sinter Pellets
NF >0[19]

Table 7: Actual Plant-level Crude Iron Production by Year (thousand tonnes per annum)

Year DRI production Other/unknown iron production Total (all routes)
2019 unknown unknown –
2020 unknown unknown –
2021 unknown unknown –
2022 unknown unknown –
2023 920[20] –[20] 920[20]
2024 819[17] –[17] 819[17]

Unit Details

Table 8: Direct Reduced Iron Furnace Details

Unit name Status Announced date Start date Furnace manufacturer and model Furnace type Current capacity (ttpa)
unknown DRI (1) operating[21] – 1993[22] Tenova HYL III/Energiron[23][22] shaft furnace[22] 900[17]
unknown DRI (2) cancelled[24] 2016[18] – Tenova HYL/Energiron[23][23] shaft furnace[19] 750[18]
unknown DRI (3) announced[17] 2025-03-25[25] – – – 0
unknown DRI (4) announced[14] 2025-04-16[14] – – not found 0

Table 9: Direct Reduced Iron Furnace Reductant Details

Unit name Current or initial reductant Gas reductant Hydrogen reductant status
unknown DRI (1) gas[26] syngas (reformed methane)[26] capable[22]
unknown DRI (2) gas[19] syngas (reformed methane)[19] –
unknown DRI (3) gas[27] syngas (reformed methane)[27] capable[27]
unknown DRI (4) gas[14] syngas (reformed methane)[14] capable[14]

Table 10: Electric Arc Furnace Details

Unit name Status Announced date Current capacity (ttpa) Current size (tonnes)
unknown EAF (1) cancelled[24] – 1500[18] 240.0[19][18]
unknown EAF (2) cancelled[24] – 1500[18] 240.0[19][18]
unknown EAF (3) announced[17] 2025-03-25[25] 4000[17] –
unknown EAF (4) announced[16] 2025-04-16[16] 6000[16] –

Table 11: Electric Arc Furnace Feedstock Details

Unit name Scrap-based % scrap % DRI % HBI % sponge iron (unknown if DRI or HBI) % basic/merchant pig iron % granulated pig iron % pig iron (unknown if basic/merchant or granulated) % other iron
unknown EAF (1) yes[18] 2.23[18] 48.88[18] unknown unknown 48.88[18] unknown unknown unknown
unknown EAF (2) yes[18] 2.23[18] 48.88[18] unknown unknown 48.88[18] unknown unknown unknown
unknown EAF (3) unknown – – – – – – – –
unknown EAF (4) None – – – – – – – –

Articles and Resources

Additional data

To access additional data, including an interactive map of steel plants, a downloadable dataset, and summary data, please visit the Global Iron and Steel Tracker on the Global Energy Monitor website.

References

  1. ↑ "Project Report On Distribution and Transportation of JSW | PDF". Scribd. Retrieved 2023-12-15.
  2. ↑ Standard, Business. "JSW Steel to buy Welspun Maxsteel for over Rs 1,000 crore". www.business-standard.com. Retrieved 2023-12-15. {{cite web}}: |first= has generic name (help)
  3. ↑ "JSW Steel Limited Corporate Presentation" (PDF). JSW Steel. December 2021. Retrieved 15 December, 2023. {{cite web}}: Check date values in: |access-date= (help)CS1 maint: url-status (link)
  4. ↑ Mandavia, Megha (2014-08-19). "Analysts give thumbs-up to JSW Steel's acquisition of Welspun Maxsteel for Rs 1,000 crore". The Economic Times. ISSN 0013-0389. Retrieved 2023-12-15.
  5. ↑ Sanjai, Ruchira Singh,P R. (2014-08-18). "JSW Steel to acquire Welspun Maxsteel for Rs1,000 crore". mint. Retrieved 2023-12-15.
  6. ↑ "JSW Steel (Salav) Limited" (PDF). MoEF&CC. 03 July, 2015. Retrieved 15 December, 2023. {{cite web}}: Check date values in: |access-date= and |date= (help)CS1 maint: url-status (link)
  7. ↑ "Proposed expansion of Captive Jetty Facility in Revdanda Creek at Salav, Dist. Raigad, Maharashtra" (PDF). MoEF&CC. March 2017. Retrieved 15 December, 2023. {{cite web}}: Check date values in: |access-date= (help)CS1 maint: url-status (link)
  8. ↑ "JSW Steel Integrated Report 2022-23". www.jswsteel.in. Retrieved 2024-11-19.
  9. ↑ "Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 - Outcome of the Board Meeting held on March 25, 2025" (PDF). JSW Steel. 2025-03-25. Retrieved 2025-08-28.{{cite web}}: CS1 maint: url-status (link)
  10. ↑ "JSW Steel to expand capacity at Salav unit to 10 million tonne". The Economic Times. Retrieved 2025-08-28.
  11. ↑ (PDF) https://web.archive.org/web/20240110025009/https://www.energiron.com/wp-content/uploads/2019/05/Vikram-Ispat-ZR-Startup-Dec.-2006.pdf. Archived from the original (PDF) on 2024-01-10. {{cite web}}: Missing or empty |title= (help)
  12. ↑ "2019 World Direct Reduction Statistics" (PDF). Midrex. 2020-09-04. Archived from the original (PDF) on 2021-10-23.
  13. ↑ (PDF) https://www.jswsteel.in/jsw-steel-ar-2022/JSW-Steel-IR-2022.pdf. {{cite web}}: Missing or empty |title= (help)
  14. ↑ 14.0 14.1 14.2 14.3 14.4 14.5 https://energy.economictimes.indiatimes.com/news/renewable/jsw-steel-bets-big-on-green-steel-with-60000c-cr-maharashtra-expansion/120336495. {{cite web}}: Missing or empty |title= (help)
  15. ↑ 15.0 15.1 (PDF) https://web.archive.org/web/20220121154042/https://www.jswsteel.in/sites/default/files/assets/industry/steel/IR/Annual_Reports_Steel_Subsidiaries/2018-19/Indian/JSW_Steel_Salav_Limited_March-19.pdf. Archived from the original (PDF) on 2022-01-21. {{cite web}}: Missing or empty |title= (help)
  16. ↑ 16.0 16.1 16.2 16.3 16.4 https://economictimes.indiatimes.com/industry/indl-goods/svs/steel/jsw-steel-to-expand-capacity-at-salav-unit-to-10-million-tonne/articleshow/120321040.cms?UTM_Source=Google_Newsstand&UTM_Campaign=RSS_Feed&UTM_Medium=Referral&from=mdr. {{cite web}}: Missing or empty |title= (help)
  17. ↑ 17.00 17.01 17.02 17.03 17.04 17.05 17.06 17.07 17.08 17.09 17.10 (PDF) https://www.jswsteel.in/sites/default/files/assets/downloads/steel/IR/Financial%20Performance/Annual%20Reports%20Steel/24-25/Integrated-Annual-Report-FY-2024-25.pdf. {{cite web}}: Missing or empty |title= (help)
  18. ↑ 18.00 18.01 18.02 18.03 18.04 18.05 18.06 18.07 18.08 18.09 18.10 18.11 18.12 18.13 18.14 18.15 18.16 18.17 (PDF) https://web.archive.org/web/20240911002339/https://environmentclearance.nic.in/writereaddata/Online/EDS/0_0_16_Mar_2016_1517041171JSWSteel(Salav)Ltd.pdf. Archived from the original (PDF) on 2024-09-11. {{cite web}}: Missing or empty |title= (help)
  19. ↑ 19.0 19.1 19.2 19.3 19.4 19.5 19.6 19.7 (PDF) https://web.archive.org/web/20240110024609/https://environmentclearance.nic.in/writereaddata/Online/TOR/0_0_03_Jul_2015_1137276671Briefsummary.pdf. Archived from the original (PDF) on 2024-01-10. {{cite web}}: Missing or empty |title= (help)
  20. ↑ 20.0 20.1 20.2 (PDF) https://www.jswsteel.in/jsw-steel-annual-report-2023-24/JSW-Steel-IR24.pdf. {{cite web}}: Missing or empty |title= (help)
  21. ↑ (PDF) https://www.bseindia.com/xml-data/corpfiling/AttachHis//1a2804ad-bc66-444b-aa4a-ea2e604971f3.pdf. {{cite web}}: Missing or empty |title= (help)
  22. ↑ 22.0 22.1 22.2 22.3 "2022 World Direct Reduction Statistics" (PDF). Midrex. 2023-09-12. Archived from the original (PDF) on 2023-11-03.
  23. ↑ 23.0 23.1 23.2 (PDF) https://tenova.com/sites/default/files/files/paragraphs/2022/hylnews_december_2015_jan_2016.pdf. {{cite web}}: Missing or empty |title= (help)
  24. ↑ 24.0 24.1 24.2 https://www.jswsteel.in/jsw-steel-annual-report-2023-24/s1-grow.html. {{cite web}}: Missing or empty |title= (help)
  25. ↑ 25.0 25.1 https://www.financialexpress.com/business/industry-jsw-steel-to-transfer-salav-unit-to-subsidiary-for-rs-2233-crore-3788512/. {{cite web}}: Missing or empty |title= (help)
  26. ↑ 26.0 26.1 (PDF) https://web.archive.org/web/20240513203142/https://environmentclearance.nic.in/writereaddata/modification/Amendment/Attach_file/261020186SFXRBR5PFR_Salav.pdf. Archived from the original (PDF) on 2024-05-13. {{cite web}}: Missing or empty |title= (help)
  27. ↑ 27.0 27.1 27.2 https://gmk.center/en/news/indias-jsw-group-plans-to-invest-up-to-7-billion-in-green-steel-production/. {{cite web}}: Missing or empty |title= (help)

Resources

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