JSW Steel and JFE to Invest INR 7,500 Crore to Expand Odisha Steel Plant Capacity by 5 Million TPA

JSW JFE Steel Ltd, the 50:50 joint venture, will expand its integrated steel plant at Sambalpur from 4.5 million TPA to 9.5 million TPA, with implementation expected to begin in April 2027.

Oct 26, 2026

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JSW Steel Limited and Japan’s JFE Steel Corporation have approved a 5 Million Tonnes Per Annum (MTPA) expansion of their joint venture, JSW JFE Steel Limited (JJSL), at Sambalpur, Odisha. The project requires an estimated equity investment of INR 7,500 crore, to be contributed equally by the two partners, with each investing INR 3,750 crore.

The expansion will increase Sambalpur’s steel production capacity from 4.5 million TPA to 9.5 million tonnes and include upgrades to existing facilities. Implementation is expected to begin in April 2027, subject to statutory and environmental approvals, with completion targeted over approximately three-and-a-half years.

Also Read: Primetals Technologies to Supply 16 MTPA Pelletizing Capacity for JSW Steel

The project is expected to strengthen the joint venture’s market position, improve economies of scale, expand its value-added product portfolio and enhance export opportunities. The existing integrated steel plant at Sambalpur is operating near full capacity.

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