Odisha Chief Minister Naveen Patnaik on Friday laid foundation for one of the largest single location steel projects proposed by JSW Utkal Steel Limited at an estimated investment of ₹65,000 crore near port town of Paradip.
The steel plant with production capacity of 13.2 million tonne per annum is coming up on the land which was earlier earmarked for South Korean steel major POSCO. In 2017, the project was shelved following local resistance against land acquisition.