MSP Sponge Iron is planning to expand and revamp integrated steel plant located at Haldiaguna in Keonjhar district of Odisha.
The capacity will be augmented to 0.283 tpa from 0.05 tpa. The expansion will be undertaken at a cost of Rs 573.41 crore.
In January 2020, the State Level Single Window Clearance Authority (SLSWCA) approved the project. As per information collated by Projects Today, the project is still under planning stage.
MSP Sponge Iron is awaiting necessary approvals. The work on the project is expected to commence by August 2020.