Tata Steel is planning to commission first phase of the Kalinganagar project with a capacity of three million tonne, by August 2014. It is developing a six million tonne greenfield steel plant at Kalinganagar, projected as Odisha's steel hub.
The steel maker aims to spend Rs 25,000 crore on the greenfield steel plant at Kalinganagar, which will concentrate entirely on flat steel products, catering to the needs of the automotive industry and white goods. The company had lined up two projects at the Gopalpur industrial park- a 50,000 tonne per annum ferroalloys plant and 4,00,000 tonne per annum bar mill. It will invest Rs 1,000 crore on these two projects which would initially create employment for 1000 people.
