Gadchiroli pitched as Maharashtra’s future green steel hub India set to drive next global steel demand wave Italy crude steel output rises 3.1% in May Green steel progress remains slow worldwide
JSW Steel Ltd, India’s leading private steelmaker, is set to commence construction of its new integrated steel plant in Odisha, while also seeking additional iron ore mining leases to secure long-term raw material supply.
The proposed 13.2 million tonnes per annum (MTPA) greenfield steel plant will be located near Paradip, with an estimated investment exceeding ₹65,000 crore. The project aims to strengthen JSW’s presence in eastern India and cater to both domestic and export markets.
According to officials, JSW has approached the Odisha government for allotment of new iron ore mines, ensuring feedstock security for the upcoming plant. The company currently operates multiple captive mines in the state but plans to expand capacity in line with its growth roadmap.
Once operational, the plant will feature advanced green technologies, including low-emission processes and energy-efficient operations, aligning with JSW’s sustainability goals and India’s Net Zero 2070 vision.
Industry experts believe the project will generate thousands of jobs, boost local infrastructure, and contribute significantly to India’s 300 MTPA steel capacity target by 2030.
Also Read : OECD Panel Warns of Global Steel Oversupply, China Exports Surge JSW Steel expansion unaffected by Supreme Court's Bhushan Power Verdict
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