# MGM Minerals proposes expansion in Dhenkanal, Odisha, creating 1300 jobs

MGM Minerals Limited proposed to expand its project in Nimdha, Dhenkanal, Odisha, by setting up a 0.125 MTPA sponge iron plant, 0.6 MTPA pellet plant, 0.25 MTPA MS billets, 0.25 MTPA TMT and wire rods, and a 40 MW captive power plant, with an investment of Rs. 801.89 crore, likely creating 1300 jobs.

- Type: Expansion
- Announced: 2020-10-12
- Where: Nimdha, Dhenkanal, Odisha, India
- Value: $108.0M (8.02B INR)
- Jobs: 1,300
- Status: announced
- Capacity: 0.125 MTPA sponge iron, 0.6 MTPA pellet, 0.25 MTPA MS billets, 0.25 MTPA TMT and wire rods, 40 MW captive power
- Products: sponge iron, pellets, MS billets, TMT, wire rods, captive power
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [MGM Minerals Limited](https://endata.com/companies/50464.md)

## Sources

- [indianewsdiary.com](https://indianewsdiary.com/mgm-minerals-limiteds-proposed-expansion-in-odishas-dhenkanal-likely-to-create-1300-jobs/), 2020-10-12: "The proposed expansion of its project by setting up 0.125 MTPA Sponge Iron Plant, 0.6 MTPA Pellet Plant, 0.25 MTPA MS Billets, 0.25 MTPA TMT , Wire Rods, and 40 MW Captive Power Plant at Nimdha in Odisha’s coal bearing Dhenkanal, with an investment of Rs. 801.89 Crore, MGM Mineral Limited, ... is li"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.