Home » AM / NS, Odisha ink isha 50,000-cr. Steel Plant Treaty
Business

AM / NS, Odisha ink isha 50,000-cr. Steel Plant Treaty

AM / NS, Odisha ink isha 50,000-cr.  Steel Plant Treaty

The Odisha government on Thursday signed a memorandum of understanding (MoU) with ArcelorMittal Nippon Steel to set up a steel project of 12 million tonnes per tonne capacity in Kendrapara district at an estimated investment of ₹ 50,000 crore.

Chief Minister Naveen Patnaik and ArcelorMittal Executive Chairman Laxmi N. The MoU was signed in the presence of Mittal.

ArcelorMittal signed an MoU with the Government of Odisha in 2006 for setting up a 12-MT integrated steel plant and a captive power plant at an estimated cost of M 40,000 crore.

However, the project did not take off.

You have reached your limit for free articles this month.

Membership benefits included

Today’s paper

Get a mobile-friendly version of the article from the newspaper of the day in an easy-to-read list.

unlimited access

Enjoy reading as many articles as you want without any limitations.

Personal recommendations

A selected list of articles that match your interest and taste.

Fast page

Move seamlessly between articles as our pages load instantly.

Dashboard

One-stop-shop to see the latest updates and manage your preferences.

Talk

We inform you about the latest and most important events three times a day.

Support quality journalism.

* Our digital subscription plans currently do not include e-paper, crosswords and print.

About the author

admin

Add Comment

Click here to post a comment