The Board of JSW Steel at its meeting held on 25 March 2025 has approved the proposal to transfer its Salav unit located at Salav Village of Raigad District, Maharashtra having a Direct Reduced Iron (DRI) capacity of 0.9 MTPA to JSW Green Steel, its wholly owned
subsidiary, on a Slump Sale basis.
JSW Green Steel was incorporated by the Company on 27 February 2024 for the purpose of setting up a 4 MTPA integrated Green Steel plant at the Company's Salav works, in phases, as a part of Company's plan for reducing its carbon footprints.