AMNS India to construct Paradip plant for Rs 380 B

24 Aug 2023 CW Team

ArcelorMittal Nippon Steel (AMNS) India is set to commence work on a seven million tpa Paradip plant in Odisha around January 2023. The investment in this steel facility is projected at Rs 380 billion.

The Odisha government has provided 1,485 acres of land for the proposed project, which marks AMNS's inaugural greenfield plant in the nation. Activities are in progress for both Paradip and Kendrapara integrated steel plants, with environmental clearance applications submitted for both endeavours. The terms of reference (RoR) for the environmental clearance of the Paradip plant have been released.

AMNS already possesses an iron ore mine, slurry pipeline, and pellet plant in Paradip, a coastal town housing a major Indian port. In addition to Paradip, the steel giant has outlined plans for a plant in Kendrapara. Furthermore, it aims to expand the Hazira plant from nine MT to 15 MT and establish value-added downstream units, constituting a combined investment of $7.5 billion.

AMNS India is divided with ArcelorMittal holding a 60 percent stake and Japan’s Nippon Steel owning the remaining shares.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..