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JSW Steel hopes to start work on 12 mt Paradip steel plant in FY19

JSW Steel has requested the state government to transfer all clearances and approvals to JSW Utkal Steel Ltd

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Nirmalya BeheraJayajit Dash Bhubaneswar
Sajjan Jindal-led JSW Steel is looking at the possibility of starting project activity in the next fiscal on its 12 million tonnes mega steel plant proposed near Paradip in Odisha.

The steelmaker has committed an investment of Rs 550 billion on the integrated steel mill, 900 Mw captive power plant, 32 million tonnes pellet unit, a captive port and a slurry pipeline to transport iron ore concentrate from Joda to the project site proposed near Paradip.

"JSW Steel can start work on the ground after they get land from the Odisha government. The government is processing the land requirement and