Odisha Aims for 100 Million Tonnes Steel by 2030
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Odisha Aims for 100 Million Tonnes Steel by 2030

Indian Institute of Mass Communication Dhenkanal Assistant Professor Jyoti Prakash Mohapatra wrote in Pioneer that while the Odisha Economic Survey

Indian Institute of Mass Communication Dhenkanal Assistant Professor Jyoti Prakash Mohapatra wrote in Pioneer that while the Odisha Economic Survey 2021 Report says the total installed capacity of steel plants in Odisha is 32.82 million tonnes per annum, Odisha Government has set a target of production of 100 million tonnes steel in the state by 2030. Professor Mohapatra wrote “State Government needs to take various tactical initiatives to make Odisha attractive for investors, existing and new. Brownfield expansions require less land acquisition for the project as well as for developing associated infrastructure like road, railway lines, water supply lines etc. Existing facilities of industries can be used optimally with brownfield expansions. The state government should incentivise this by providing exemptions in taxes and various duties. This will also encourage existing investors to invest more in the state so that the goal of 100 million tonne steel becomes more realisable.”

Some of the big companies like AMNS lndia, Steel Authority of India Limited, Jindal Steel and Power Limited, Tata Steel have already announced or started work for the expansion of their existing steel plants.

JSPL, which has already set up Odisha’s largest steel plant of 6 million tonne per annum capacity at Angul has recently announced the Company’s Vision 2030 for Odisha. As per this, the company plans to expand its capacity to 25.2 million tonne per annum and set up world’s largest steel plant.

AM/NS India has signed a memorandum of understanding for setting up a 12 million tonne integrated steel plant in Kendrapara district of Odisha. It had already announced an investment of INR 2,000 crore for the expansion of its pellet plant at Paradip.

SAIL, in its vision 2030 programme, plans to increase the capacity of the Rourkela Steel Plant to 8.8 million tonnes

A pellet plant Expansion from 0.3 million tonne per annum to 1.2 million tonne per annum capacity by Shyam Metalics and Energy Limited against an investment of INR 76.92 crore in Pandloi in Sambalpur district was inaugurated

Ground was broken for expansion of Jindal Stainless Crude Stainless Steel capacity From 1.1 million tonne per annum to 3.2 million tonne per annum and Cold Rolling Mill capacity from 0.8 million tonne per annum to 2.4 million tonne per annum in Kalinganagar in Jajpur by Jindal Stainless Ltd against an investment of INR 6,840 crore

Ground was broken for expansion of Yazdani Steel & Power’s Integrated steel plant from 0.07 million tonne per annum to 1.19 million tonne per annum in Kalinganagar in Jajpur by Yazdani Steel & Power Limited against an investment of INR 2,415 crore

Ground was broken for expansion of MGM Minerals’s project by setting up 0.125 million tonne per annum Sponge Iron Plant, 0.6 million tonne per annum Pellet Plant, 0.25 million tonne per annum MS Billets, 0.25 million tonne per annum TMT & Wire Rods and 40 MW Captive Power Plant at Nimdha in Dhenkanal by MGM Minerals Limited against an investment of INR 801.89 crore

Ground was broken for expansion of GM Iron & Steel’s project by setting up 0.8 million tonne per annum Pellet Plant, 0.238 million tonne per annum DRI plant, 0.195 million tonne per annum Billet, 0.24 million tonne per annum Wire Rod Mill, 0.416 million tonne per annum Slag Cement and 46 MW Captive Power Plant at Parjang, Dhenkanal by GM Iron & Steel Company Limited against an investment of INR 607.52 crore

Ground was broken for expansion of project by setting up 0.21 million tonne per annum Sponge Iron, 1 million tonne per annum Iron ore Beneficiation,0.6 million tonne per annum Pellet, 0.112 million tonne per annum MS Billets, 0.112 million tonne per annum TMT, 50 TPH Coal Washery, and 24 MW Captive Power Plant at Tumkela, Sundergarh by BR Sponge and Power Limited against an investment of INR 200.20 crore

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