Keonjhar Mega Steel Plant Project Moves Two Steps Ahead
Steel

Keonjhar Mega Steel Plant Project Moves Two Steps Ahead

Chief Minister Mohan Charan Majhi on Sunday affirmed that the proposed mega steel plant in Keonjhar district is firmly on track, stating that the project has advanced by two steps.
During his two-day visit to his home district, the Chief Minister reviewed major industrial, infrastructure, and development projects, including the large-scale steel plant planned by JSW and POSCO with an investment of approximately Rs 400 billion in the Patna region.
He assessed the status of land identification and acquisition for the project, noting that one of the companies involved has already deposited funds for the process. Speaking to the media, Majhi said, “Apart from the mega steel plant, nine additional industrial projects will be established in the district, and necessary steps are being taken for their swift implementation.”
The district administration has identified two parcels of land for the steel plant: one in Taramakanta village under Banspal block, around 47 km from Keonjhar town, and another in the Patna area.
During his February visit, the Chief Minister had announced the joint venture between JSW and POSCO to set up a major steel plant in Keonjhar. He had also revealed that other steel facilities would be developed across the district, involving total investments of Rs 1 trillion.
The JSW Group, led by Sajjan Jindal, signed a memorandum of understanding with the state government on 8 January during the Utkarsh Odisha: Make-in-Odisha Conclave to establish a 5 million tonne per annum (MTPA) steel plant in Keonjhar. In October of the previous year, JSW and South Korea’s POSCO had signed an MoU to develop an integrated steel plant in India with an initial capacity of 5 MTPA, although the final location had not been confirmed at that time.
To drive the Keonjhar steel plant project forward, the Chief Minister has constituted a task force led by Chief Secretary Manoj Ahuja.

Chief Minister Mohan Charan Majhi on Sunday affirmed that the proposed mega steel plant in Keonjhar district is firmly on track, stating that the project has advanced by two steps.During his two-day visit to his home district, the Chief Minister reviewed major industrial, infrastructure, and development projects, including the large-scale steel plant planned by JSW and POSCO with an investment of approximately Rs 400 billion in the Patna region.He assessed the status of land identification and acquisition for the project, noting that one of the companies involved has already deposited funds for the process. Speaking to the media, Majhi said, “Apart from the mega steel plant, nine additional industrial projects will be established in the district, and necessary steps are being taken for their swift implementation.”The district administration has identified two parcels of land for the steel plant: one in Taramakanta village under Banspal block, around 47 km from Keonjhar town, and another in the Patna area.During his February visit, the Chief Minister had announced the joint venture between JSW and POSCO to set up a major steel plant in Keonjhar. He had also revealed that other steel facilities would be developed across the district, involving total investments of Rs 1 trillion.The JSW Group, led by Sajjan Jindal, signed a memorandum of understanding with the state government on 8 January during the Utkarsh Odisha: Make-in-Odisha Conclave to establish a 5 million tonne per annum (MTPA) steel plant in Keonjhar. In October of the previous year, JSW and South Korea’s POSCO had signed an MoU to develop an integrated steel plant in India with an initial capacity of 5 MTPA, although the final location had not been confirmed at that time.To drive the Keonjhar steel plant project forward, the Chief Minister has constituted a task force led by Chief Secretary Manoj Ahuja. 

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Next Story
Real Estate

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

Next Story
Infrastructure Urban

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?