Odisha Approves 5 Mega Steel Investment Proposals

Odisha state government’s High Level Clearance Authority has accorded in-principle approval for five mega investment proposals worth INR 92,713 crore,
Odisha Approves 5 Mega Steel Investment Proposals
Odisha Steel Investment

mainly for beneficiation to manufacturing of pellets, iron, steel, stainless steel, rolled products as well as cement utilising waste products like slag and fly ash from other industries.

Expansion project of Jindal Steel and Power Limited's Integrated steel plant in Angul from 6 million tonnes per annum to 18.6 million tonnes per annum, 36 million tonnes per annum Slurry Pipeline and 12.5 million tonnes per annum cement plant with an investment of INR 76,018 crore.

The proposal of expansion project of Jindal Stainless Steel Limited's capacity from 1.1 million tonnes per annum to 3.2 million tonnes per annum and Cold Rolling Mill capacity from 0.8 million tonnes per annum to 2.4 million tonnes per annum with an investment of INR 6,840 crore in Kalinganagar in Jajpur

Essar Minmet Limited's proposal of 14 million tonnes per annum Beneficiation and 14 million tonnes per annum Pellet Plant and 14 million tonnes per annum Slurry pipeline at an investment of INR 6,650 crore to be set up in Keonjhar and Paradip

Expansion project proposal of ArcelorMittal Nippon Steel India Limited's Beneficiation Plant in Keonjhar from 10.76 million tonnes per annum to 16.76 million tonnes per annum and Pellet Plant at Paradip from 6 million tonnes per annum to 12 million tonnes per annum, at an investment of INR 2,000 crore

Shyam Metalics and Energy Limited's expansion project of its steel plant project in Pandloi, Sambalpur from 0.77 million tonnes per annum to 2.373 million tonnes per annum and rolling mill against an investment of INR 1,205 crore

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