By Our Correspondent
BHUBANESWAR: “The #HLCA committee of the GoO, chaired by the Hon’ble CM Shri @Naveen_Odisha approves @AMNSIndia’s proposal to set up a 24 MTPA integrated Steel plant, making it the largest manufacturing investment of #Odisha and the largest #steel plant of India. @CMO_Odisha#InvestOdisha,” Invest Odisha tweeted @InvestInOdisha.
The High-Level Clearance Authority , headed by Chief Minister Patnaik on Friday approved ArcelorMittal Nippon Steel’s proposal to set up mega steel plant at a cost of Rs 1.02 lakh Crore.
The company has proposed to set up a 24 MTPA integrated steel plant at Mahakalpara block of Kendrapara district. This mega project will generate direct employment opportunities to 16,000 persons and create significant indirect employment opportunities through ancillary and downstream industries and services.
The approved project is the largest project in the manufacturing sector in the country. At its Kendrapara complex, ArcelorMittal Nippon Steel (AM/NS) will produce 24 MT of various grades of steel with its latest green steel making technology. It will also produce high value added Steel downstream products.
This facility will also produce 18.75 MT of cement annually, making it one of the largest cement manufacturing plants in the country and will boost the infrastructure development in the region.
