+
Tata Steel's Kalinganagar Expansion Set to Boost Odisha's Investment Appeal
Steel

Tata Steel's Kalinganagar Expansion Set to Boost Odisha's Investment Appeal

Tata Steel announced that Odisha is set to become the company's largest investment destination following the phase-II expansion of its Kalinganagar plant. This expansion will increase the plant's capacity from 3 million tonnes per annum to 8 million tonnes per annum. The company has invested Rs 270 billion in this phase of the expansion and is nearing the commissioning of the new capacity at the unit, according to a press release.

The ongoing expansion at Kalinganagar is expected to significantly contribute to Tata Steel's goal of reaching a 40 million tonnes per annum capacity in India by 2030. The company indicated that the phase-II expansion of its Kalinganagar plant in Jajpur district will also elevate Odisha to a prominent position as the largest investment destination for Tata Steel, which is the country's oldest steel maker.

Together with the Tata Steel Meramandali plant (formerly Bhushan Steel) in Dhenkanal district, the company's total investment in Odisha exceeds Rs 1 trillion. As Tata Steel approaches the commissioning of its expanded Kalinganagar plant, which will have a capacity of 8 million tonnes per annum, the company also sees potential to further increase this capacity to 16 million tonnes per annum in the future. This will further enhance Odisha's role in Tata Steel's growth journey, the release noted.

Tata Steel announced that Odisha is set to become the company's largest investment destination following the phase-II expansion of its Kalinganagar plant. This expansion will increase the plant's capacity from 3 million tonnes per annum to 8 million tonnes per annum. The company has invested Rs 270 billion in this phase of the expansion and is nearing the commissioning of the new capacity at the unit, according to a press release. The ongoing expansion at Kalinganagar is expected to significantly contribute to Tata Steel's goal of reaching a 40 million tonnes per annum capacity in India by 2030. The company indicated that the phase-II expansion of its Kalinganagar plant in Jajpur district will also elevate Odisha to a prominent position as the largest investment destination for Tata Steel, which is the country's oldest steel maker. Together with the Tata Steel Meramandali plant (formerly Bhushan Steel) in Dhenkanal district, the company's total investment in Odisha exceeds Rs 1 trillion. As Tata Steel approaches the commissioning of its expanded Kalinganagar plant, which will have a capacity of 8 million tonnes per annum, the company also sees potential to further increase this capacity to 16 million tonnes per annum in the future. This will further enhance Odisha's role in Tata Steel's growth journey, the release noted.

Next Story
Infrastructure Energy

Tata Power, Suzlon Ink Rs 60 Billion Wind Energy Deal in Andhra

Tata Power has signed an agreement with Suzlon Energy to develop, construct, and supply 700 megawatt (MW) wind turbines in Andhra Pradesh. The Rs 60 billion project forms part of a 7 gigawatt (GW) renewable energy plan announced by Tata Power Renewable Energy (TPREL) and the state government in March 2025.This marks the first wind energy project in the state since 2019. The larger 7 GW programme, covering solar, wind, and hybrid projects with or without storage, is expected to attract investments of around Rs 490 billion, making it one of the state’s largest clean energy commitments.The turb..

Next Story
Infrastructure Transport

Odisha Approves Rs 12.6 Billion For 32 New Bridges

Odisha is set for a major infrastructure boost with the approval of 32 new bridges under the Setu Bandhan Yojana for FY 2025–26. The project, valued at Rs 12.6 billion, is aimed at improving road connectivity across ten districts, enhancing mobility and driving local development.The bridges will be constructed in Bolangir, Subarnapur, Nayagarh, Sambalpur, Malkangiri, Bargarh, Koraput, Jagatsinghpur, Cuttack, and Puri. Many of these areas are rural or located in difficult terrains, where improved accessibility will greatly benefit the transportation of goods and public mobility.Setu Bandhan Y..

Next Story
Infrastructure Transport

UP Plans Rs 350 Billion Gorakhpur–Shamli Expressway

Uttar Pradesh is preparing to build its largest expressway, a 700-km six-lane project that will surpass the 570-km Ganga Expressway from Meerut to Prayagraj. Designed as a greenfield project, the Gorakhpur–Shamli Expressway will cut travel time between eastern and western Uttar Pradesh to just six hours, transforming regional connectivity.The expressway will pass through 22 districts and 37 tehsils, bringing faster travel and significant economic benefits, including higher land values for farmers and employment opportunities during and after construction. A drone survey to map the route is e..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?