JSPL to set up Odisha’s first private industrial park at Angul

Adjacent to its 6 million tonne steel plant at Angul, Jindal Steel and Power (JSPL) will be setting up OdishaÂ’s first private industrial park. With Rs 6 billion invested in the development of the park, the park expects to attract investments of Rs 100 billion in the form of establishment of various units in the complex. Mainly housing steel downstream, ancillary and chemical units, JSPL will be providing the raw materials. Besides, with the Angul plant using coal gasification route to make steel, the by-products of this unique process can be used as feed for a variety of chemical industry. In the forthcoming Make in Odisha conclave, JSPL will be showcasing the project. However, a formal approval for the project from the state level committee headed by the Chief Secretary is awaited.