The government of the eastern Indian state of Odisha has approved steel-related projects worth $97 million, a government official said on Friday, June 10.
These include a 150,000 mt steel rolling mill, a 0.6 million mt per year pellet plant and a coal gasification plant by Konark Ispat Limited, entailing investment of $49 million.
ASL Enterprises’ project to construct a 500,000 mt per year rebar facility with an investment of $22 million has been approved by the Odisha government.
PSPL Steel Processors Limited will construct a 100,000 mt per year capacity for production of downstream products of hot rolled coil (HRC) like fabricated structures and products for national transporter Indian Railways.
Khetan Udyog Limited will construct a downstream steel processing unit for the cutting, slitting, blanking and stamping of steel products with an investment of $7 million.