JSW Steel Ltd
JSW Steel Ltd is an Indian multinational steel making company based in Mumbai, and a part of the JSW Group. After the merger of ISPAT Steel, JSW Steel became India's second largest private sector steel company. The current installed capacity of the company stands at 18 MTPA. JSW's history can be traced back to 1982, when the Jindal Group acquired Piramal Steel Limited, which operated a mini steel mill at Tarapur in Maharashtra and renamed it as Jindal Iron and Steel Company (JISCO). Soon after the acquisition the group set up its first steel plant  in 1982 at Vasind near Mumbai. Jindal Vijayanagar Steel Ltd. (JVSL) was set up in 1994, with its plant located at Toranagallu in Ballari, Karnataka, the heart of the high-grade iron ore belt and spread over 10,000 acres (40 km²) of land. Located 340 kilometers from Bangalore, it is well connected to both the Goa and Chennai Port. In 2005, JISCO and JVSL merged to form JSW Steel Ltd. The JSW Ballari plant is the world's sixth largest steel plant. JSW Steel formed a joint venture for a steel plant in Georgia. The company has also tied up  with JFE Steel Corp, Japan for manufacturing the high grade automotive steel. JSW has also acquired mining assets in the Republic of Chile, United States and Mozambique. History. In 1994, Jindal Vijayanagar Steel (JVSL) was set up with its plant located at Toranagallu in the Bellary-Hospet area in the State of Karnataka, the heart of the high-grade iron ore belt and spread over of land. It also set up a plant at Salem with an annual capacity of 1 million tonnes. It is on the cusp of a major expansion plan to add 3.2 million tons per annum  to its at Vijayanagar Plant to achieve a capacity of 11 MTPA by 2011. The company has established a strong presence in the global value-added steel segment with the acquisition of a steel mill in the United States and a Service Center in United Kingdom. JSW Steel has also formed a joint venture for setting up a steel plant in Georgia. The Company has further acquired iron ore mines in Chile and coal mines in USA & Mozambique. The current manufacturing capacity of company is 18 MTPA. In Aug 2014, it acquired Welspun Maxsteel Ltd in a deal valued at  around 1,000 Crores. JSW has already acquired 3 MTPA Hot Rolling Plant in Dolvi Maharashtra (earlier named Ispat Industries Ltd.). Carbon footprint. JSW Steel reported Total CO2e emissions (Direct + Indirect) for the twelve months ending 31 March 2020 at 40,522 Kt (-5,326 /-11.6% y-o-y). There is no evidence of a consistent declining trend as yet.