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Jindal Steel and Power (JSP) has announced plans to invest an additional Rs 70,000 crore in Odisha over the next few years, reaffirming its commitment to the state’s industrial growth and community development. The announcement was made by Naveen Jindal, Chairman of JSP, during the Utkarsh Odisha 2025 event in Bhubaneswar, where Prime Minister Narendra Modi and Odisha’s Chief Minister Mohan Charan Majhi were also present.
JSP is already operating India’s first coal gasification plant for steel production at Angul, which is reducing dependence on imported coking coal. The Angul Steel Plant, currently operating at a capacity of 6 MTPA, is set to double its capacity to 12 MTPA this year and reach 25.2 MTPA by 2030, making it the world’s largest and greenest steel plant.
Beyond its industrial efforts, JSP has made significant contributions to Odisha’s community development. Over the past decade, the company has invested Rs 900 crore in sustainable social initiatives, focusing on healthcare, education, skill development, women empowerment, rural livelihood, sports, art, and culture. These programs have transformed countless lives across the state.
The company’s commitment to sustainability is evident in its plans to set up a steel plant in Keonjhar District, which will further drive industrial growth and uplift the quality of life for thousands of families in Odisha. JSP’s Chairman, Naveen Jindal, stated that the company’s vision is to make Odisha a global industrial leader while improving the quality of life for its people consistently.
The event Utkarsh Odisha 2025 celebrated Odisha’s pivotal role in India’s industrial growth and its emergence as a global development hub. JSP’s commitment to sustainable development and community welfare aligns with the state’s goals and showcases the company’s leadership in Odisha’s industrial sector.