JSW to set up integrated steel plant in Odisha

19 Feb 2024 CW Team

The JSW Group will set up an integrated steel plant, a power plant, a port facility and a cement plant at Jagatsinghpur, Odisha with an investment of Rs 65,000 crore. The steel plant will have the capacity to make 13.2 million tonnes of steel per annum and is expected to generate 30,000 jobs.

The port and jetty project will handle 52 million tons of cargo per annum. The cement plant will be able to produce 10 million tons while an iron ore slurry transportation system will have the capacity to transport 30 million tons per annum.

?The Industrial Development Corporation of Odisha (IDCO) has handed over 2,958 acres of land to JSW for setting up the integrated manufacturing facility with 30 per cent of the total project land to be dedicated for preservation of forests and water bodies,? said JSW Steel.

The land for the project was earlier earmarked for Korean Steel Major Posco in 2005, which had plans to set up a 12 MTPA steel plant with an investment of Rs 52,000 crore. However, the project failed to take off following stiff opposition from the local people forcing Posco to withdraw in 2017.

The proposal ran into rough weather last year when the National Green Tribubal suspended its licence to set up steel plant.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..