Move Seen as Part of Larger Strategy to Strengthen Balance Sheet and Forge Global Alliances Bhubaneswar: JSW Steel is reportedly in advanced discussions to divest up to 50 percent of its ownership in Bhushan Power & Steel Ltd (BPSL), with Japan’s JFE Steel emerging as the frontrunner to acquire the stake. The potential sale, if…
Port-based infrastructure and cost efficiency make Odisha a strong contender for next steel plant Bhubaneswar : Paradip in Odisha has emerged as a frontrunner for JSW Steel’s next major expansion project as the company moves closer to its ambitious goal of achieving 50 million tonnes (mt) of steel production capacity within this decade. The Sajjan…
Mega Project by JSW-POSCO to Boost Local Economy and Job Creation Bhubaneswar: Chief Minister Mohan Charan Majhi on Sunday announced that land acquisition for a proposed ₹40,000-crore mega steel plant in Keonjhar district will begin shortly, marking a significant milestone in Odisha’s industrial development. The project is a joint venture between the Indian conglomerate JSW…
Bhubaneswar: In a significant development for Odisha’s industrial landscape, JSW Steel, led by renowned industrialist Sajjan Jindal, is set to expedite work on its proposed steel plant in Paradip. The project is now seen as critical to the company’s ambitious target of achieving an annual production capacity of 50 million tonnes by 2030. A senior…
Modern Facility to House 100 Employees, Focus on Sustainability and Employee Comfort JSW Steel Odisha Mining Division has opened a brand-new corporate office near Barbil town, marking a key moment in the company’s growth in the region. The inauguration took place on Friday with a traditional puja ceremony, highlighting JSW’s respect for cultural values. Top…
