The Odisha Government’s High Level Clearance Authority, chaired by Odisha Chief Minister Mr Naveen Patnaik, has accorded in-principle approval for five different projects having 27.5 million tonne steelmaking capacity at an investment of INR 146,172 crore. Odisha state is reported to have steel making capacity of 30 million tonne and addition of another 27.5 million tonne will take the capacity to 57.5 million tonne The projects which got approval include Expansion of JSW Steel’s Bhushan Power and Steel Limited's steel plant from 5 million tonne per annum to 15 million tonne per annum against an investment of INR 55,000 crore. The project will be set up at Rengali in Sambalpur district Expansion of Tata Steel Limited's steel production from 3 million tonne per annum to 8 million tonne per annum, hot rolled coil from 3 million tonne per annum to 7 million tonne per annum, 2.2 million tonne per annum cold-rolled products and 2 million tonne per annum long products against an investment of INR 47,599 crore to be set up in Kalinga Nagar in Jajpur Expansion of Jindal Steel and Power Limited's 6 million tonne per annum existing integrated steel plant from the proposed capacity of 18.6 million tonne per annum to 25.2 million tonne per annum at an investment of INR 4,652 crore to be set up in Angul Expansion of Rungta Mines Limited's Integrated Steel Plant from the proposed capacity of 2.85 million tonne per annum capacity to 7.55 million tonne per annum by adding capacity of 4.7 million tonne per annum at an investment of INR 11,001 crore to be set up at Jharbandh in Dhenkanal district Expansion of Rungta Mines Limited's Steel Plant capacity from 0.53 million tonne per annum to 3 million tonne per annum at an investment of INR 7,920 crore to be set up at Karakhendra in Keonjhar district
The Odisha Government’s High Level Clearance Authority, chaired by Odisha Chief Minister Mr Naveen Patnaik, has accorded in-principle approval for five different projects having 27.5 million tonne steelmaking capacity at an investment of INR 146,172 crore. Odisha state is reported to have steel making capacity of 30 million tonne and addition of another 27.5 million tonne will take the capacity to 57.5 million tonne The projects which got approval include Expansion of JSW Steel’s Bhushan Power and Steel Limited's steel plant from 5 million tonne per annum to 15 million tonne per annum against an investment of INR 55,000 crore. The project will be set up at Rengali in Sambalpur district Expansion of Tata Steel Limited's steel production from 3 million tonne per annum to 8 million tonne per annum, hot rolled coil from 3 million tonne per annum to 7 million tonne per annum, 2.2 million tonne per annum cold-rolled products and 2 million tonne per annum long products against an investment of INR 47,599 crore to be set up in Kalinga Nagar in Jajpur Expansion of Jindal Steel and Power Limited's 6 million tonne per annum existing integrated steel plant from the proposed capacity of 18.6 million tonne per annum to 25.2 million tonne per annum at an investment of INR 4,652 crore to be set up in Angul Expansion of Rungta Mines Limited's Integrated Steel Plant from the proposed capacity of 2.85 million tonne per annum capacity to 7.55 million tonne per annum by adding capacity of 4.7 million tonne per annum at an investment of INR 11,001 crore to be set up at Jharbandh in Dhenkanal district Expansion of Rungta Mines Limited's Steel Plant capacity from 0.53 million tonne per annum to 3 million tonne per annum at an investment of INR 7,920 crore to be set up at Karakhendra in Keonjhar district