Under Implementation Steel Projects Private Sector

Rs.12000 Million Sponge Iron Expansion Project in Keonjhar, Odisha

Investment
From 1000 Million to 4999 Million
Stage
Under Implementation
Location
Keonjhar, Odisha
Last updated
28 Oct 2025

Project summary

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.

Project details

SegmentSteel Projects
IndustryMetallurgical Industries
Products & capacitySponge Iron (2,60,000 TPA to 11,18,000 TPA)
DistrictKeonjhar
StateOdisha
InvestmentFrom 1000 Million to 4999 Million
Project typeExpansion
OwnershipPrivate Sector
StageUnder Implementation
Last updated28 Oct 2025
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