JSPL will invest Rs 1 lakh crore in Odisha for next 10 years

09 Jul 2021 CW Team

Jindal Steel and Power (JSPL) is set to invest over Rs 1 lakh crore in Odisha to create employment opportunities in the state, JSPL Chairman Naveen Jindal, told the media.

Jindal said JSPL would invest more than Rs 1 lakh crore and create substantial employment opportunities in the state in the next 10 years.

The industrialist said this in response to a meeting on Tuesday, chaired by Naveen Patnaik, Chief Minister, in which five major industrial projects worth Rs 1,46,172 crore in metal and downstream metal sectors were approved.

Patnaik said that such decisions would go a long way in increasing the industry's confidence and propel our efforts towards building a prosperous Odisha and a self-reliant India.

The Chief Minister of Odisha's office' official Twitter handle said that the State High-Level Clearance Authority, chaired by the CM, approved five major industrial projects worth Rs 1,46,172 crore in metal and downstream metal sectors on Tuesday.

These projects will almost double the steel production of Odisha to 58 million tonne (mt).

The Chief Minister's office informed in its Twitter handle that these projects include expansion of Bhushan Power and Steel Integrated Steel Plant in Sambalpur, development of @TataSteelLtd crude steel production, hot-rolled coil, cold-rolled and long products in Jajpur, and expansion of @JSPLCorporate existing integrated steel plant in Angul.

Additionally, it said that in line with CM's vision of 2030 to make Odisha the steel hub of India by increasing production to 100 mt, these projects would add a steel production capacity of 28 mt.

Image Source

Also read: JSW Steel plans Rs 25k cr investment to increase capacity to 37 mt

Also read: JSW Group clubs large project divisions of steel and cement biz

Infrastructure Energy

09 Mar 2026

BMW Industries partners with IOCL for PNG supply at Bokaro plant

BMW Industries has entered into a strategic partnership with Indian Oil Corporation (IOCL) for the supply of Piped Natural Gas (PNG), reinforcing its commitment to adopting cleaner and more efficient energy sources for its operations.The agreement was signed at the Eastern Region Pipelines (ERPL) headquarters in Kolkata. The partnership is expected to support the company’s upcoming manufacturing facility in Bokaro by facilitating the use of natural gas as a primary energy source.According to the company, the adoption of PNG will help enhance operational efficiency while also contributing to ..

Bombay Realty Secures RERA for Three ICC Tower in South Mumbai

Bombay Realty, the real estate arm of Bombay Dyeing and part of the Wadia Group, has received Real Estate Regulatory Authority (RERA) certification for Three ICC – Wing A, the latest luxury residential tower at Island City Center in Mumbai’s Dadar.The RERA registration marks a key milestone in the development timeline and reinforces the company’s focus on regulatory transparency, timely project delivery, and high construction standards.Following the success of One ICC and Two ICC, the upcoming Three ICC tower represents the next phase of the Island City Center development. The project ai..

Flender launches India’s largest wind gearbox test rig in Walajabad

Flender has inaugurated a 13.5 MW wind turbine gearbox test rig at its Walajabad facility near Chennai, marking the largest installation of its kind in India. The new facility is expected to strengthen the company’s manufacturing and testing capabilities while supporting the growing demands of the wind power sector in both domestic and global markets.The test rig was inaugurated on March 5 in the presence of Andreas Evertz, Group CEO, Flender; Lars Wiegemann, Vice President Wind Gears, Flender; and Vinod Shetty, CEO, Flender India, along with key industry customers and stakeholders.The insta..