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JSW-POSCO to set up mega steel plant in Odisha CM's home district of Keonjhar
The New Indian Express
|October 31, 2024
THE joint venture of JSW Group and South Korean steel giant POSCO will set up a mega steel plant in Keonjhar, the home district of Chief Minister Mohan Charan Majhi.
On Tuesday, the two conglomerates announced plans at Mumbai to set up an integrated steel plant with a production capacity of 5 million tonne per annum (MTPA). A highly placed source said, the joint venture is keen on setting up the plant in the iron-ore rich Keonjhar district. The pact between the two steel majors was signed after preliminary rounds of talks beEX tween the promoters and a high-level delegation led by the chief minister during his investors' meet in Mumbai recently.
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