Nippon Steel Corporation (NSC) Eiji Hashimoto will set up the world’s largest and most modern steel plant with a capacity of 30 million tonne per annum in Odisha. Now globally 20 million tonne per annum steel plant is the largest.
This announcement was made by the President of Nippon Steel, during a meeting with Chief Minister Naveen Patnaik at Tokyo. Mr Naveen Patnaik who is on his week-long visit to Japan with a high-level delegation to lure investors to Odisha.
On 05 April 2023, the state government will be hosting the Odisha Business Meet 2023 at The Okura Tokyo which is expected to be attended by over 200 industrialists, business leaders and investors from across Japan and the Indo-Pacific region. The chief minister will address the investors and showcase the vast existing and emerging business opportunities in Odisha.
Earlier in 2021, the AMNS India, a joint venture of Arcelor Mittal and Nippon Steel, had inked a pact with the state government for a 12 MTPA integrated steel plant with an investment of Rs 50,000 crore in Kendrapara district. The JV has also got the clearance for another 7 MTPA steel plant with an investment of Rs 38,000 crore in Jagatsinghpur district.
“The 30 MTPA greenfield project that the company intends to set up in Odisha will be beneficial for a large number of people in Kendrapara, Jagatsinghpur, Keonjhar, Jajpur and Bhadrak districts.”