07
Jul
15:24
Odisha government approves mega steel projects
The Odisha government, under the state high-level clearance authority chaired by Chief Minister Naveen Patnaik, has approved five different mega steel projects. These have a combined 27.5 million tonnes/year capacity and investment of INR 1.46 lakh crores ($19.56 billion), says an official source.
Supported by the state government, iron ore-rich Odisha’s steelmaking capacity is progressively expanding from a mere 2m t/y in 2000 to an existing capacity of 30m…
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