Keonjhar Rising: Steel Plant Land Acquisition Begins

Odisha Chief Minister Mohan Charan Majhi has announced that land acquisition for the proposed Keonjhar steel plant will begin shortly, following the deposit of required funds by the project’s promoters.

The plant, a joint venture between India’s JSW Group and South Korea’s POSCO, is planned with an initial production capacity of 5 million tonnes per annum (MTPA) and an estimated investment of over Rs 40,000 crore. Two potential sites have been identified in Taramakant and Patna villages within Keonjhar district, a region known for its rich iron ore reserves.

The project is expected to significantly boost local employment, attract ancillary industries, and drive economic development in the mineral-rich region. It also marks a strategic revival following the earlier POSCO project in Jagatsinghpur, which was shelved in 2017.

During his visit to the district, CM Majhi reaffirmed the state government’s commitment to industrial growth and infrastructure development. He also reviewed government schemes, flagged off ambulances, and launched a coconut collection vehicle for the Maa Tarini Temple.

The steel plant forms part of Odisha’s broader agenda to revive and fast-track high-value industrial investments under the new administration.

News by Rahul Yelligetti.