Chief minister Naveen Patnaik will lay the foundation stone of JSW Group’s 13.2 MTPA integrated steel plant and 52-MTPA captive jetty at Paradip on Friday. The Sajjan Jindal-led company had announced in 2022 to invest Rs 65,000 crore in the projects in a phased manner.
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.