JSPL to set up Odisha's first private industrial park at Angul

The facility to be developed at a cost Rs 6 billion will house units worth Rs 100 bn

Naveen Jindal-owned Jindal Steel and Power Ltd (JSPL) will set up Odisha’s first private industrial park adjacent to its 6 million tonne steel plant at Angul.

Spread over 500 acres of land, the park will mainly house steel downstream, ancillary and chemical units.

While JSPL will spend about Rs 6 billion to develop the park, it expects the facility to attract investments to the tune of Rs 100 billion in the form of establishment of various units in the complex.

JSPL will provide the necessary raw materials for downstream steel units in the park. Besides, with the Angul plant using coal