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Public Hearing for JSW Steel Project in Odisha Completed

Steel News - Published on Tue, 21 Jan 2020

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IPICOL Managing Director Mr Nitin B Jawale told PTI that Odisha expects work on the proposed INR 53,700 crore integrated steel project at Jagatsinghpur in Paradip by JSW Group to start soon following successful conclusion of a public hearing. He told "JSW''s hearing was conducted peacefully and successfully. That is a huge development. The integrated project has been passed unopposed with almost same investment that POSCO was looking that is a change. We expect the work to start soon on INR 53,700 crore JSW project Utkal Steel Limited project."

He said "The success of this public hearing paves way for the establishment of an integrated steel plant of 12 MTPA capacity, 10 MTPA cement plant and a 900-megawatt captive power plant by the Sajjan Jindal-led group, on an area of 2,980 acre. An all-weather multi-cargo greenfield jetty with handling capacity of 52 MTPA is also part of the project.”

Mr Jawale said conclusion of peaceful public hearing is a positive development for Odisha and a major milestone in its industrialisation efforts as the proposed steel plant is on the same site where the Korean steel giant POSCO’s project was envisaged and there was no opposition from the locals. The erstwhile opponents of the POSCO project have also welcomed the JSW project now, demanding an ideal rehabilitation and resettlement package from the state government. This development will also help dispel the prevailing misconceptions about this region and with a major port in the vicinity the Paradip in Odisha is poised for diversified industrial growth.”

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Posted By : Rabi Wangkhem on Tue, 21 Jan 2020
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