Jindal Steel to Build World's Largest Plant in Odisha by 2030
Steel

Jindal Steel to Build World's Largest Plant in Odisha by 2030

Jindal Steel and Power (JSP) has announced its ambitious plan to establish the world's largest steel plant in Angul, Odisha, by 2030. Naveen Jindal, the Chairman of JSP, revealed this development during a recent meeting, emphasising the significant impact this project will have on the regional and national economy.

The plant, which will have an annual production capacity of 30 million tonnes, is expected to create thousands of jobs and boost economic activity in the region. Jindal highlighted the strategic importance of Angul due to its rich mineral resources and existing infrastructure, which make it an ideal location for such a large-scale project.

The project aligns with the Indian government's vision of making the country a global manufacturing hub. It is also expected to contribute significantly to the goal of increasing steel production capacity, supporting various industries and infrastructure projects across India.

JSP plans to leverage advanced technologies and sustainable practices in the new plant. This includes the use of green energy sources and innovative methods to reduce carbon emissions, aligning with global trends towards environmentally responsible manufacturing.

The establishment of this plant marks a major milestone in India's industrial landscape, setting a new benchmark for steel production worldwide. As the project progresses, it will not only transform Angul into a major industrial centre but also reinforce India's position in the global steel market.

Your next big infra connection is waiting at RAHSTA 2025 – Asia’s Biggest Roads & Highways Expo, Jio World Convention Centre, Mumbai. Don’t miss out!

Jindal Steel and Power (JSP) has announced its ambitious plan to establish the world's largest steel plant in Angul, Odisha, by 2030. Naveen Jindal, the Chairman of JSP, revealed this development during a recent meeting, emphasising the significant impact this project will have on the regional and national economy. The plant, which will have an annual production capacity of 30 million tonnes, is expected to create thousands of jobs and boost economic activity in the region. Jindal highlighted the strategic importance of Angul due to its rich mineral resources and existing infrastructure, which make it an ideal location for such a large-scale project. The project aligns with the Indian government's vision of making the country a global manufacturing hub. It is also expected to contribute significantly to the goal of increasing steel production capacity, supporting various industries and infrastructure projects across India. JSP plans to leverage advanced technologies and sustainable practices in the new plant. This includes the use of green energy sources and innovative methods to reduce carbon emissions, aligning with global trends towards environmentally responsible manufacturing. The establishment of this plant marks a major milestone in India's industrial landscape, setting a new benchmark for steel production worldwide. As the project progresses, it will not only transform Angul into a major industrial centre but also reinforce India's position in the global steel market.

Next Story
Resources

IGBC Launches 32nd Chapter in Ranchi to Drive Green Building Growth

The CII Indian Green Building Council (IGBC) has launched its 32nd Chapter in Ranchi to accelerate Jharkhand’s transition towards sustainable and resilient urban infrastructure. The launch event, held on September 6 at Radisson Blu Hotel, brought together government officials, industry leaders, and sustainability experts. Sunil Kumar, IAS, Principal Secretary, Urban Development & Housing Department, Government of Jharkhand, said, “The launch of the IGBC Ranchi Chapter marks a significant step in Jharkhand’s urban development journey. The state is committed to creating a policy e..

Next Story
Real Estate

Mindspace REIT Marks Five Years With 14.8 Per Cent Annualised Returns

Mindspace Business Parks REIT, owner and developer of a Grade-A office portfolio, has completed five years since its listing on the Indian bourses in August 2020. Despite debuting during the global pandemic, the REIT has delivered 14.8 per cent annualised total returns, expanded its portfolio, and reinforced occupier trust. Key achievements over five years include: Portfolio expansion of 30 per cent to 31.0 msf through acquisitions and new developments. Gross leasing of 25.2 msf, with occupancy sustained at 93.7 per cent. Cumulative distribution of Rs 55.9 billion to unitho..

Next Story
Real Estate

Great Value Realty Secures RERA Nod for Ultra-Luxury Ekanam Project

Great Value Realty, one of North India’s most trusted developers, has received RERA approval for its flagship ultra-luxury residential project, Ekanam (RERA No. UPRERAPRJ15109/2019). The announcement was made during the Great Partners Meet at Noida. Built on the only available land parcel in Sector 107, Noida, Ekanam embodies the company’s philosophy, “Great is the New Norm,” promising excellence in design, quality, and sustainable community living. With seamless connectivity to Noida Expressway, DND Flyway, metro stations, and proximity to the upcoming Jewar Airport, the project ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?