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JSW Steel starts project development of 13.2 MTPA integrated steel plant in Odisha

27 May 2026 Evaluate

JSW Steel has commenced project development of its fully-owned greenfield Integrated Steel Plant at Paradeep, Odisha. The plant will be developed in phases with a planned capacity of 13.2 million tonnes per annum (MTPA) and an estimated investment of about Rs 65,000 crore in phases. Spread across nearly 2,950 acres, the project is strategically located on Odisha’s coastline, offering strong port connectivity, efficient access to raw materials and robust logistics infrastructure to serve both domestic and international markets.

The project represents one of the largest investments undertaken by the company and underscores its long-term commitment to strengthening India’s manufacturing capabilities while contributing to Odisha’s industrial transformation. The project has been master-planned with the long-term potential to expand capacity in the future, in line with market demand and JSW Steel’s long-term growth strategy.

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.

Peers
Company Name CMP
JSW Steel 1267.50
Tata Steel 182.85
Steel Authority 179.00
Jindal Stainless 755.20
APL Apollo Tubes 2153.00
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