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JSW Steel’s arm gets environmental clearance for Greenfield steel plant in Odisha

12 Apr 2022 Evaluate

JSW Steel’s wholly-owned subsidiary -- JSW Utkal Steel has received the environmental clearance (EC) for setting up of a greenfield Integrated Steel Plant (ISP) of 13.2 million tonnes per annum (MTPA) crude steel from the Union Ministry of Environment & Forest and Climate Change (MoEF&CC). The mega project will generate huge employment opportunities in the region, which in turn will boost the economy of Odisha state.

The capital expenditure for the modern, green and environment-friendly integrated steel plant (ISP) project is expected to be approximately Rs 65,000 crore including associated facilities. The phase-wise work for the project will start once the land is handed over to the company by the government of Odisha. The project is one of the largest in the manufacturing sector in the country and MoEF&CC accorded the EC after successful public hearings.

JSW Steel is one of the largest steel manufacturing companies in India having units in Karnataka and Maharashtra producing crude steel, long steel and flat steel products.

JSW Steel Share Price

1221.55 -5.00 (-0.41%)
16-Jul-2026 15:19 View Price Chart
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