Sajjan Jindal-led JSW Steel got the go ahead to set up its 10 million tonne steel project in the state at Paradip at a cost of Rs 50,000 crore. The steel project when fully operational promises to create around 30,000 jobs.
Another project by JSW Steel — a slurry pipeline to be built at a cost of Rs 3,700 crore from Joda to Paradip for transporting 30 million tonne of iron ore per annum was also approved today by the High-Level Clearance Authority (HLCA). The HLCA chaired by the chief minister is the highest body to clear investment proposals. Read more
Latest posts by Business-Standard.com (see all)
- Oil PSUs IOC, HPCL, BPCL Betting On Natural Gas As Next Big Thing – November 20, 2017
- Reining In Polluting Power Plants: Delhi Air Not Getting Clean Anytime Soon – November 19, 2017
- Indian Railway Equipment Merits Rational GST Rate: Tilak Raj Seth – November 19, 2017