Project: Greenfield Integrated Steel Plant at Paradeep, Odisha
Capacity: 13.2 million tonnes per annum (MTPA) developed in phases
Investment: Approximately ₹65,000 crore to be invested in phases
Land Area: 2,950 acres
Location: Paradeep, Odisha - strategically located on coastline for port connectivity and logistics efficiency
Ownership: Fully-owned by JSW Steel
Event Details
Date of Commencement: May 27, 2026
Ceremony: Project commencement ceremony graced by Hon'ble Chief Minister of Odisha Shri Mohan Charan Majhi and senior members of Government of Odisha including Hon'ble Ministers for Industries and Steel
JSW Leadership: Mr. Sajjan Jindal (Chairman & Managing Director, JSW Group), Mr. Jayant Acharya (Joint Managing Director & CEO, JSW Steel), and Mr. Anil Singh (President, JSW Steel)
Strategic Rationale
Supports India's growing steel demand from infrastructure development, urbanization, and manufacturing expansion
Master-planned with long-term potential for future capacity expansion aligned with market demand
Strategic coastal location offers efficient access to raw materials and robust logistics infrastructure
Aligns with Government of India's Mission Purvodaya initiative to unlock industrial potential of eastern India
Strengthens Odisha's position as India's leading steel and manufacturing hub
Company Context
JSW Steel is flagship business of diversified US$23 billion JSW Group
Current combined crude steel capacity: 37.9 MTPA (including 4.5 MTPA through JSW JFE Steel JV)
Planned capacity expansion to 54.8 MTPA over next four years
Vijayanagar plant (Karnataka) is largest single-location steel facility in India with 19.5 MTPA capacity, expanding to ~25 MTPA by FY30
Company has received multiple sustainability recognitions including WorldSteel's Steel Sustainability Champion (8 consecutive years 2019-2026)
Environmental Commitments
CO2 emission reduction goals aligned with India's Paris Accord commitments
Target: 42% reduction in CO2 emissions from steel-making operations by 2030
Net neutral carbon emission target for all operations under direct control by 2050
Sustainability targets include no net-loss in biodiversity by 2030, improved air quality, reduced water consumption, and Zero Liquid Discharge
