Mohan Charan Majhi said the joint venture between JSW Group and South Korean steel company POSCO will set up a state-of-the-art steel plant in his home district Keonjhar. Majhi gave this information amid ongoing speculation across the country regarding the choice of location for the JSW-POSCO joint venture plant.
Bhubaneswar. Odisha Chief Minister Mohan Charan Majhi said a joint venture between JSW Group and South Korean steel company Posco will set up a state-of-the-art steel plant in his home district Keonjhar. Majhi gave this information amid ongoing speculation across the country regarding the choice of location for the JSW-POSCO joint venture plant. Majhi, who is on a two-day visit to Keonjhar to celebrate Diwali, told reporters, “During our program organized in Delhi and Mumbai in connection with the upcoming Make-in Odisha conference, I have appealed to both JSW and POSCO for setting up a steel plant in Keonjhar district.” Had discussed with.
Meanwhile, the two companies have signed an MoU, the Chief Minister said. They will complete this work jointly. He has talked about doing the same in Keonjhar district also. The process is going on and Odisha will get another steel plant. The two steel producing companies had signed an MoU in Mumbai on October 29. Under this partnership, an integrated steel plant with an initial capacity of 5 million tonnes per annum will be set up in India.
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