# 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.

- Type: Investment
- Announced: 2025-01-28
- Where: Odisha, India, India
- Value: $8.40B (700.0B INR)
- Status: announced
- Capacity: Angul plant: 6 MTPA to 12 MTPA (2025), 25.2 MTPA (2030)
- Products: steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Jindal Steel and Power](https://endata.com/companies/24516.md)

## Sources

- [money.rediff.com](https://money.rediff.com/news/market/jindal-steel-to-invest-rs-70-000-crore-in-odisha/21487120250128), 2025-01-28: "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"

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