JSW Steel gets nod for Rs 50,000-cr mega steel plant in Odisha

Panel approves 10 projects worth Rs 1.10 lakh crore

Sajjan Jindal-led JSW Steel got the go ahead to set up its 10 million tonne steel project in the state at Paradip at a cost of Rs 50,000 crore. The steel project when fully operational promises to create around 30,000 jobs.

Another project by JSW Steel — a slurry pipeline to be built at a cost of Rs 3,700 crore from Joda to Paradip for transporting 30 million tonne of iron ore per annum was also approved today by the High-Level Clearance Authority (HLCA). The HLCA chaired by the chief minister is the highest body to clear investment