JSW Steel, a manufacturer of integrated steel, plans to set up a mega steel project of 10 million tonne capacity in Jagatsinghpur district of Odisha.
The steel manufacturing company has proposed to develop an integrated steel project with a captive power plant of 900 MW capacity at an investment of Rs 50,000 crore.
The state level single window clearance authority (SLSWCA) has recommended two project proposals of the group company, including the proposed steel project, to the high-level clearance authority (HLCA).
An industrial infrastructure investment proposal of Rs 3,700 crore by JSW Infrastructure was also recommended to the HLCA.
The proposed steel project will create job opportunities for 30,000 people, while the infrastructure project will generate employment opportunities for 350 people.