Jyoti Structures to Restart Second Unit at Nasik with Rs. 2,000 Crores Order Book

Jyoti Structures Limited (JSL) has announced the restart of its second tower manufacturing unit at Nasik by the end of March 2023. The decision comes in light of an order book close to Rs. 2,000 Crores, including GST, and the securing of a 800 KV High Voltage Direct Current (HVDC) project valued at Rs 741 Crores including GST, from Power Grid Corporation of India Limited. The new unit will add 33,000 MT of annual manufacturing capacity to the company, bringing the total to 69,000 MT. The company has also ordered a new state of the art galvanizing plant and three CNC fabrication machines, in addition to refurnishing the seven CNC fabrication machines it already has. The first unit at Nasik, with an annual manufacturing capacity of 36,000 MT, started operations in August 2022 and is currently running at optimal level. The company is also preparing to implement plans for restarting its third tower manufacturing unit at Raipur, which has an annual manufacturing capacity of 40,000 MT.