ArcelorMittal Nippon to build mega steel plant

05 Mar 2021 Editorial Team

Steelmaker ArcelorMittal Nippon Steel India (AM/NS India) on Thursday signed an MoU with the Odisha government for setting up a 12 million tonnes per annum (MTPA) greenfield integrated steel plant in Kendrapara district with an investment of Rs 50,000 crore.

Odisha’s Chief Minister, Naveen Patnaik and steelmaking tycoon Lakshmi N Mittal were present during the signing of the Memorandum of Understanding (MoU) at the state secretariat, Lokaseva Bhavan.

Kendrapara on the east coast provides ideal prospects for an Integrated Steel Complex, Patnaik said. The state government will provide the required support and facilitation for the setting up of this mega project.

According to official data, land acquisition and other work for grounding the project are set to start soon. In addition to this, other investments of AM/NS in Odisha include the 6 MPTA pelletisation plant in Paradip which will now be expanded to 12 MTPA. The beneficiation complex in Keonjhar and the slurry pipeline are already operational.

The Chief Minister advised Mittal to add value to the mineral resources procured from Odisha in the state itself to aid the creation of more employment opportunities.

AM/NS India has now acquired the Paradip pellet plant and Dabuna beneficiation plant of Essar in Odisha. The company has also bagged two mines called Sagasahi and Thakurani iron ore blocks in Odisha.

Odisha produces close to 110 MT of iron ore a year, which is nearly 25% of the country’s total steel. From 2014 to 2018 the state’s crude steel output went from 8.8 MTPA to 23 MTPA.

Resources

09 Mar 2026

Haworth India Hosts Women’s Leadership Panel Series

Haworth India marked International Women’s Day by hosting a leadership roundtable series titled ‘Give to Gain’, bringing together senior women leaders from architecture and design firms, corporates and project management consultancies. The series has been conducted in Delhi and Mumbai, with upcoming sessions scheduled in Bengaluru and Hyderabad on 27 March 2026. Structured as moderated panel discussions followed by audience interaction, the initiative examined the business impact of women’s leadership and the role of inclusive workplaces in supporting professional growth. Manish Khan..

Max Estates Secures RERA For Max One Project

Max Estates has secured RERA approval (UPRERA No.: UPRERAPRJ9759) for its Max One development around Max Towers in Sector 16B, Noida, bringing renewed progress to a project previously stalled following the insolvency of its earlier developer. Spread across around 10 acres with an estimated development potential of about 2.5 million sq ft, Max One is planned as an integrated mixed-use campus combining serviced residences, premium offices, retail spaces and a private club. The project is expected to generate total sales potential of about Rs 20 billion along with an estimated annuity rental inc..

Hindware Introduces Starc Smart Wall Mount Toilet

Hindware has introduced the Starc Smart Wall-Mount Toilet under its Hindware Italian Collection, designed to combine automation, hygiene and contemporary bathroom aesthetics. The model features automatic flushing, sensor-based seat opening and closing, and remote-controlled functions. It also includes an oscillating water spray and warm air dryer for cleaning, along with a self-cleaning nozzle designed to maintain hygiene. Additional features include adjustable heated seating, customisable water temperature and pressure settings, a foot-touch flush system and an LCD control interface. The wa..