Policymakers worldwide are seeking to reduce carbon emissions in their fight against climate change, with steel traditionally among the most polluting industries.
JSW Group plans to establish an integrated steel plant, power plant, port facility, and cement plant in Jagatsinghpur, Odisha, with an investment of Rs 65,000 crore. The steel plant will produce 13.2 million tons of steel annually and generate 30,000 jobs. The port and jetty project will handle 52 million tons of cargo annually.
JSW Group plans to establish an integrated steel plant, power plant, port facility, and cement plant in Jagatsinghpur, Odisha, with an investment of INR 65,000 crore. The steel plant will produce 13.2 million tons of steel annually and generate 30,000 jobs. The port and jetty project will handle 52 million tons of cargo annually.
The proposed project would have an annual steel manufacturing capacity of 13.2 million tonne (MT) with a captive power plant and captive jetties with cargo-handling capacity, JSW Steel said in a BSE filing.
Benchmark indices ended higher on Wednesday boosted by gains in oil and gas, banking, metal, capital goods and auto stock. The market took a U-turn in the last hour of trade after remaining in the green for the rest of the session. Nifty ended at 21,840, rising 97 points and Sensex gained 267 points to 71,822.