1. Home
  2. >

Built to inform

Sign up for the daily newsletters

No, Thank you

Bhushan Steel plans SME Steel Park at Orissa

Projects

Bhushan Steel Ltd (BSL) has requested permission from the Orissa government for establishing a ‘SME Steel Park’ around its 3mtpa steel plant being set up at Meramundali in Dhenkanal district at an investment of Rs5828 crore. BSL has already attained 0.5 million tonne per annum (mtpa) steel and 1 mtpa sponge iron capacity along with commissioning of a 110 Mw captive power plant (CPP).
According to informed sources, the company has sought 1,000 acres of land for the proposed SME steel park, of which 200 acres will be earmarked for local downstream units. BSL will also provide the raw materials, infrastructure support, assured power supply and marketing support to the units proposed to come up in the steel park.
In response to the company’s request, the state industries department has asked it to submit a combined application form and detail project report (DPR) to the Industrial Promotion and Investment Corporation of Orissa Ltd. (Ipicol) like Jindal Stainless and Nalco. The BSL proposal is likely to be routed through the State Level Single Window Clearance Authority (SLSWCA) of the state government.
 

Most Popular

Awards

Olympia Group announces to build up 1.1mn sq-ft greenfield it park in Guindy
The project will have a total investment of about Rs 750 crore

Conferences

Vital pre-monsoon building works resume in Maharashtra
The state government has permitted pre-monsoon work by BMC and other agencies

Latest Issue

June 2020
10 Jun 2020