Jindal Steel & Power (JSP) is pleased to announce the successful commencement of production at the Gare Palma IV/6 coal mine, strategically located in Chhattisgarh. This achievement represents a significant milestone in JSP's ongoing efforts to enhance its raw material security. Additionally, this mine will play a crucial role in supporting the proposed expansion of its Raigarh integrated steel plant, increasing its capacity from the current 3.6 million tons per annum (MTPA) to 9.6 MTPA.

"The proposed expansion aligns perfectly with the vision of Atma Nirbhar Bharat, as it will substantially bolster India’s steel production capacity using our own indigenous coal. We aim to finance this expansion predominantly through internal accruals, ensuring a healthy balance sheet," said Mr. Bimlendra Jha, Managing Director of Jindal Steel & Power in a statement.