The Keonjhar mega steel plant will soon move towards construction, Odisha Chief Minister Mohan Charan Majhi said on Saturday. He announced that the foundation stone for the proposed facility would be laid soon.
Majhi made the announcement during an official function at Raikala, his birthplace in Jhumpura block. He said the project would strengthen Keonjhar’s contribution to Odisha’s economic development.
“I am firmly committed to transforming Keonjhar into a modern and leading district, both within the state and the country. The foundation stone for the long-awaited mega steel plant in Keonjhar will be laid soon,” he said.
Proposed Keonjhar steel plant to have 5 MTPA capacity
Officials said the proposed greenfield steel plant would have a capacity of 5 million tonnes per annum (MTPA).
Furthermore, the facility is likely to come up through a joint venture between JSW Steel Ltd and South Korea’s POSCO Holdings.
The proposed investment marks a significant industrial development for mineral-rich Keonjhar district. However, the government has not announced a specific date for the foundation stone ceremony.
Textile park and data centre projects also progressing
Majhi also highlighted other proposed industrial and infrastructure projects in the district. He said work on a large textile park was progressing rapidly.
Additionally, a disaster recovery and data centre project was advancing in Keonjhar.
The Chief Minister said these projects would support the district’s transformation. He linked the proposed industrial expansion with the broader vision of a prosperous Odisha and a developed India.
