Rs.12000 Million Sponge Iron Expansion Project in Keonjhar, Odisha
A steel plant expansion project is planned in Palaspanga, Keonjhar, Odisha, involving an increase in sponge iron capacity to 1.118 MTPA, billets to 0.8 MTPA, and power generation to 157.2 MW. The Rs.12,000 million project also includes new rolling and cold rolling units. Construction is set for November–December 2026, pending environmental clearance approval.
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