Kolkata, New Delhi, INDIA. New York, USA.
Business To Business, Bhubaneswar, 27th May, 2026: Mohan Charan Majhi on Wednesday expressed confidence that the ₹65,000-crore integrated steel plant being developed by JSW Utkal Steel Limited near Paradip would be operational by 2029 and would become a major milestone in Odisha’s industrial development.
The chief minister attended the groundbreaking event for the 13.2 million tonnes per annum (MTPA) integrated steel plant at Dhinkia near Paradip in Odisha’s Jagatsinghpur district.
The project is significant because it is being built at the same location where South Korean steel giant POSCO had proposed a 12 MTPA steel plant in 2005 with an investment of ₹52,000 crore. That earlier project was eventually abandoned after prolonged protests by local residents and issues related to raw material linkages.
The new JSW project is expected to: