The government of the eastern Indian state of Odisha has approved steel-related projects entailing aggregate investments of $131 million, a government official said on Wednesday, August 31.
The official said that this includes a 5 million mt per year capacity iron ore beneficiation plant along with a 3 million mt per year iron ore pellet production unit proposed by Balento Enterprises Private Limited with an overall investment of $98 million.
The second project entailing an investment of $33 million for 110,000 mt per year ferroalloy plant proposed by United Ferrocast Private Limited, the official said.
