Bhubaneswar: Jindal Steel and Power (JSP) will invest an additional Rs 70,000 crore in Odisha in the next few years.
JSP Chairman Naveen Jindal made the announcement during the Utkarsh Odisha Conclave 2025, , reaffirming the company’s commitment to the state’s sustainable industrial growth and community development.
“Our vision is to make Odisha a global industrial leader while improving the quality of life for its people consistently. This additional Rs 70,000 crore investment will not only drive industrial growth but also uplift the quality of life of thousands of families in Odisha, contributing to India’s journey toward self-reliance,” said Jindal.
“We are also exploring possibilities to set up a steel plant in Keonjhar district to fulfil the vision of Hon’ble chief minister Mohan Charan Majhi,” Jindal revealed.
JSP is already operating India’s first coal gasification plant for steel production at Odisha’s Angul, pioneering sustainable practices and reducing dependence on imported coking coal.
Over the past decade, JSP has invested Rs 900 crore in sustainable social initiatives, focusing on healthcare, education, skill development, women empowerment, rural livelihood, sports, art & culture.
