Paradip: Odisha Chief Minister Naveen Patnaik today laid the foundation stone for the Integrated Greenfield Steel Plant of JSW Utkal Steel Limited at Paradip.
The company will invest around Rs 65,000 crore for the 13.2 MTPA steel plant, which will come up at Dhinkia. It will generate employment opportunities for around 30,000 people.
The CM also laid foundation stone for 1.20 MTPA green ammonia plant of ReNew E-Fuels Private Ltd. having investment of Rs 22,000 crore and 25,000 MTPA modern chemicals factory of Silox India Private Limited with Rs 500 crore investment. The projects will create job opportunities for around 5,000 people.
On this occasion, the Chief Minister said, "Late Biju Patnaik's memories come to my mind whenever I visit Paradip. In 1960s, he took the revolutionary step of establishing Paradip Port. This was a milestone in Odisha's development. Paradip has emerged as a major investment destination in eastern India."
Mentioning that the new projects will provide jobs to around 35,000 people, Patnaik thanked the industrialists for the investments.