Archive · 5 Aug 2025
Land Acquisition to Commence for Keonjhar Steel Plant
The government is about to start buying land for a huge steel factory in Keonjhar, Odisha.
This factory will be built together by JSW Group and POSCO.
It will be able to make a lot of steel each year, and the investment will be significant.
This factory should bring more money to the area and provide jobs for people living there.
Land acquisition will begin soon for a mega steel plant in Keonjhar.
The project is a joint venture between JSW Group and POSCO.
Initial production capacity will be 5 million tonnes per annum.
The investment is estimated to be over Rs 40,000 crore.
The plant is expected to boost the district's economy and create jobs.
- Who
- JSW Group, POSCO, and the Odisha government.
- What
- Land acquisition is commencing for a mega steel plant in Keonjhar.
- When
- Land acquisition will begin soon.
- Where
- Keonjhar, Odisha.
- Why
- To boost the local economy and provide employment.
- Project Partners
- JSW Group and POSCO
- Initial Production Capacity
- 5 million tonnes per annum
- Estimated Investment
- Over Rs 40,000 crore
- Location
- Keonjhar, Odisha
Sources
JSW Steel, Japan’s JFE to invest ₹5,845 crore in two steel plants in India
JSW Steel to invest Rs 5,845 crore in a JV with JFE Steel for capacity expansion
JSW Steel-JFE to expand capacity with ₹5,845 crore investment
JSW Cement lacks financial muscle to fight larger peers for acquisitions, says Parth Jindal
