JSW Group to invest Rs 65,000 cr for new steel, cement plants in Odisha

economic times India 17-02-2024 Share

The JSW Group Thursday said it will set up an integrated steel plant, a power plant, a port facility and a cement plant at Jagatsinghpur, Odisha with an investment of Rs 65,000 crore.

The steel plant will have the capacity to make 13.2 million tons of steel per annum and is expected to generate 30,000 jobs.

The port and jetty project will handle 52 million tons of cargo per annum. The cement plant will be able to produce 10 million tons while an iron ore slurry transportation system will have the capacity to transport 30 million tons per annum.

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