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In August 2018, Monnet Ispat & Energy Limited (MIEL), has been acquired jointly by a consortium of Aion Investments Private Limited (AION) and JSW Steel Limited. Established in 1994 Monnet Ispat & Energy Limited (MIEL), has a de-risked business portfolio that encompasses manufacturing and marketing of Sponge Iron, Steel and Ferro Alloys. MIEL is in the elite group of primary steel producers with a world class integrated steel plant at Raigarh that has a production capacity of 1.5 MTPA to produce HR plates, rebars and structure profiles to cater to the rapidly growing infrastructure & construction industry. The name of the Company has been changed to JSW Ispat Special Products Limited with effect from 23rd September 2020. JSW Ispat Special Products Limited (JISPL) has merged with JSW Steel Limited w.e.f. July 31, 2023 pursuant to NCLT order dated June 22, 2023. All contents of the website are reflecting the Company's position on July 31, 2023 only.
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