Keonjhar, Jan 14: Chief Minister Mohan Charan Majhi today informed that a Memorandum of Understanding (MoU) will be signed during Utkarsh Odisha Conclave to set up a steel plant in Keonjhar district.
Utkarsh Odisha: Make in Odisha Conclave will be held at Janata Maidan in Bhubaneswar on January 28-29.
JSW Group, in collaboration with South Korean steel giant POSCO, will set up a greenfield steel facility in the Chief Minister’s home district of Keonjhar.
The two conglomerates announced plans to establish an integrated steel plant with a production capacity of 5 million tonnes per annum (MTPA).
Two patches of land have already been identified for the proposed project in the district.
One patch, around 2,500 acres, is located near Odisha Tea Plantation Ltd (OTPL) at the Taramakant area under Banspal block, and another 1,956 acres is at Patna, which was initially offered to steel major ArcelorMittal.
