Announcement Stage Steel Projects Private Sector
Rs.38820 Million New Direct Reduced Iron Mfg. Unit in Odisha
- Investment
- From 5000 Million to 49999 Million
- Stage
- Announcement Stage
- Location
- NA, Odisha
- Last updated
- 12 Aug 2026
Project summary
A major private-sector steel manufacturing enterprise is setting up a ₹3,882 crore Direct Reduced Iron (DRI) plant in Odisha. Featuring central government approval, the project will produce 2 million tonnes of sponge iron annually, significantly enhancing raw material integration, generating local employment, and boosting eastern India’s regional industrial ecosystem.
Project details
| Segment | Steel Projects |
|---|---|
| Industry | Metallurgical Industries |
| Products & capacity | Direct Reduced Iron (2 million tonnes per annum) |
| District | NA |
| State | Odisha |
| Investment | From 5000 Million to 49999 Million |
| Project type | New |
| Ownership | Private Sector |
| Stage | Announcement Stage |
| Last updated | 12 Aug 2026 |
| Promoter / company | 🔒 Subscribers only Unlock |
| Site location & address | 🔒 Subscribers only Unlock |
| Promoter contact | 🔒 Subscribers only Unlock |
| Decision makers | 🔒 Subscribers only Unlock |
| Milestone history | 🔒 Subscribers only Unlock |
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