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Jindal Steel & Power announces Rs 70,000 crore investment in Odisha · Endata

◂ Announcements

Jan 28, 2025INVESTMENTOdisha, India, India

Jindal Steel & Power announces Rs 70,000 crore investment in Odisha

Jindal Steel & Power announced an additional Rs 70,000 crore investment in Odisha, including a new steel plant in Keonjhar district and expansion of its Angul plant from 6 MTPA to 12 MTPA this year and 25.2 MTPA by 2030.

Value

$8.40B (700.0B INR)

Status

Announced

Capacity

Angul plant: 6 MTPA to 12 MTPA (2025), 25.2 MTPA (2030)

Productssteel

CompaniesJindal Steel and Power

Sectors#Steel and Metal Products

“This additional Rs 70,000-crore investment will not only drive industrial growth, but also uplift the quality of life of thousands of families in Odisha”money.rediff.com

1 source
money.rediff.comJindal Steel to Invest Rs 70,000 Crore in Odisha: Rediff MoneynewsRediff Money DeskJan 28, 2025

Summarized from public sources; check the original articles before acting on it.

More from Jindal Steel and Power

Apr 12, 2024CONTRACTIndia$190.0M
Indian Railways awards steel supply contracts worth Rs 1,586 crore to five companies
Tata Steel supplier Indian Railways customer timesofindia.indiatimes.com
Mar 21, 2024CONTRACTNew Delhi, India, India$18.7M
Jindal Steel bags ₹155.87 crore HH Rails contract for Delhi Metro Phase 4
Delhi Metro Rail Corporation customer Jindal Steel and Power supplier metrorailtoday.com
Apr 13, 2023EXPANSIONAngul, Odisha, India, India$365.0M
JSPL to commission new rail mill in Angul, India at ₹3,000 crore
Jindal Steel and Power thehindubusinessline.com
Sep 28, 2022EXPANSIONAngul, Odisha, India9,400 jobs
Jindal Steel & Power plans 19.2 MTPA expansion at Angul steel plant
Jindal Steel and Power odishabarta.com
Apr 1, 2022EXPANSIONAngul, Odisha, Indiaops 2030
JSPL plans to expand Odisha steel plant to 25.2 MTPA by 2030
Jindal Steel and Power economictimes.indiatimes.com
Jan 28, 2021EXPANSIONAngul, Odisha, India60,000 jobsops 2030
JSPL to expand Angul steel plant capacity to 25.2 MTPA by 2030
Jindal Steel and Power timesofindia.indiatimes.com

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