Odisha CM Mohan Majhi lays foundation stone of JSW Mega Steel Plant in Paradip
photo;agencies
Bureau,Odishabarta
Paradip,( 27/05/26):In a landmark moment for Odisha’s industrial growth, Chief Minister Mohan Charan Majhi on Wednesday laid the foundation stone for JSW Steel’s massive integrated steel plant at Erasama near Paradip and expressed the strong determination of the state government to make Odisha the ‘steel capital’ of the country.
The Rs.1,25,000 crore project marks one of the largest single investments in the state’s history and is set to reshape Paradip’s landscape while propelling Odisha toward becoming the country’s ‘Steel Capital’
The plant, being developed in two phases, will have an annual capacity of 24 million tonnes of steel. It will also include a 12-million-tonne cement plant, a 900-MW captive power plant, and a dedicated jetty.
JSW Group Chairman Sajjan Jindal and senior officials from Japanese partner JFE Steel attended the ceremony, where the Chief Minister assured all possible government support to ensure smooth and timely execution.
In his speech, the Chief Minister said that the project for which the public had been waiting for two decades and for which only the foundation stone was laid two years ago, has been implemented in fast-track mode after the new ‘double engine’ government came to power. He has now given a timeline guarantee that the construction of the project, which was supposed to start in 2028 under the previous regime, will be completed and steel production will start by 2028. Giving an example of this fast-paced work style of the government, he also mentioned the success of Trimetro Garments in Khordha, where production has already started within a year of laying the foundation stone.
The Chief Minister made a big announcement regarding foreign industrial partnerships in Odisha. While giving information about the ongoing Rs 30,000 crore project in Jharsuguda in collaboration with Japan’s JFE Steel, he said that as per the discussions with Japan, a ‘Sister States’ agreement will be signed between Odisha and Japan’s ‘Tottori’ state soon. Due to this, Japan will invest heavily in the industrial, tourism and education sectors of Odisha.
Majhi informed that new steel plants will soon be set up not only in Paradip or Jharsuguda, but also in Dhenkanal and Keonjhar.
The Chief Minister presented the two-year success report, stating that industrialization and employment are the biggest focus of his government in the state.
During this period, the government has approved 433 projects, which will generate an investment of Rs 8.5 lakh crore and create more than 5 lakh employment opportunities. So far, the ground breaking ceremony of 148 projects has been completed, through which about 2.37 lakh youth have been employed.
He said that he has been successful in bringing investment proposals worth more than Rs 2 lakh crore after visiting various major cities of the country like Hyderabad, Kolkata and Gujarat. He said that investors are now flocking to Odisha due to Prime Minister Narendra Modi’s love for Odisha and his “Yahi Samay Hai, Sahi Samay Hai,’ appeal.
The Chief Minister has emphasized on the ‘Two-Coast Strategy’ or two-coast development strategy on the lines of Mundra Port in Gujarat for the transformation of Paradip. Paradip, Dhamra and Gopalpur ports will play a prominent role in the Prime Minister’s ‘Purva Uday’ vision, in which Paradip will be at the top.
After the Indian Oil Refinery and Petrochemicals Complex in Paradip, there are plans to set up a cruise terminal and a mega shipbuilding complex. Along with this, the Paradip-Cuttack-Bhubaneswar-Puri Economic Corridor (BCPPER) will be built with a grant of Rs 5,000 crore from the Central Government, in which Paradip will be the ‘Mukhshaala’. In the next few years, more than 1 lakh new jobs will be created in the Paradip area alone.
Finally, based on the policy of “Banijaye Baste Lakshmi”, the Chief Minister sought the cooperation of all the people to make the state one of the best and most developed states in the country by 2036 on the occasion of the centenary of the formation of Odisha.
Participating in the said inauguration ceremony, Industries Minister Sampada Chandra Swain termed it as a historic moment for the industrial development of Paradip and the entire Jagatsinghpur district. In his speech, he said that the dream that the local people had been dreaming for the past two decades is now becoming a reality due to the fast and clear policies of the government led by Chief Minister Mohan Charan Majhi.
Swain especially emphasized on the employment of the local youth and revolutionary development. He said that the Industries Department is working day and night to further strengthen the industrial environment in the state and provide all kinds of support and protection to the investors. The Minister expressed his strong hope that this huge investment of Rs 1,25,000 crores by JSW Steel will give a new impetus to the economy of Odisha.
Addressing the gathering, CM Majhi highlighted the accelerated pace under the ‘Double Engine Government’. “A project that saw only a token foundation stone two years ago is now moving at full speed. Production will begin by 2028,” he declared, giving a firm timeline guarantee. He contrasted this with the previous government’s slow progress and cited the rapid success of the Khordha Trimeta Garments unit, which began production within a year of its foundation stone.
