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. 

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement