Odisha CM Mohan Charan Majhi says land acquisition for a INR 40,000 crore mega steel plant in Keonjhar will begin soon.
Aug 4, 2025
Odisha Chief Minister Mohan Charan Majhi on August 3, 2025 confirmed that land acquisition for a planned INR 40,000 crore steel plant in Keonjhar will commence shortly, as the developer, which is a joint venture between JGW Group and South Korean steel giant POSCO, has already deposited necessary funds.
The plant, with an initial capacity of 5 million tonnes per annum, is expected to stimulate local employment and economic activity in the mineral‑rich district.
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Majhi reviewed multiple development projects across Keonjhar, including new roads, bridge construction, and infrastructure upgrades; he also flagged off public service vehicles during his two‑day official visit.
