Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

JSW Steel to acquire land for 13.2 million tpa steel plant in Odisha

Monday, 30 Nov 2020
Share this on :
JSW Steel, a steel manufacturing company, is in the process of acquiring land at Jagatsinghpur in Odisha where it has proposed to establish 13.2 million tpa greenfield steel plant. 
 
It is the same site near the port of Paradip where POSCO, a South Korean steel making company, was interested to set up 12 million tpa steel plant. 
 
The Odisha government and POSCO had signed a memorandum of understanding (MoU) in this regard in 2005. However, the South Korean steel giant had to abandon its proposed Rs 52,000 crore steel project due to several reasons from delay in environmental clearances (EC) to protests by locals. The pact ultimately expired in 2010 and was not renewed again. 
 
JSW Steel has plans to expand through both acquisitions and brownfield expansions and then followed by a greenfield project. 
 
The company intends to set up an integrated steel plant of 13.2 million tpa capacity in Odisha along with 900 MW power plant for captive usage at an investment amount of Rs 53,700 crore. 
 
The company has already identified land for the project and the acquisition is underway. The company is taking up the land acquisition along with the Odisha government. It is the same land where POSCO was earlier looking to set up the steel plant. 
 
JSW Group had approached the state government for land after POSCO shelved its plan to set up the steel plant. Subsequently, all statutory clearances given to POSCO were transferred to JSW Steel. The hearing for the company's project was conducted in December 2019.
 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your trial access

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services