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VISA Steel is operating a 0.5 million TPA Integrated Special Steel Plant, 50,000 TPA Ferro Chrome plant and 75 MW captive power plant at Kalinganagar in Odisha. The company is also progressing towards establishing a steel plant at Raigarh in Chhattisgarh and plans to set up a steel plant and Manganese Alloy Plant in Madhya Pradesh. [13]
SAIL Steel Plant at Bokaro Steel City, Jharkhand a supersize steel plant- The second biggest steel plant in India, which contributes 45% of SAIL's profit . The Iron and Steel industry in India is among the most important industries within the country. India surpassed Japan as the second largest steel producer in January 2019. [1]
The plants of Jindal Stainless are located in Jajpur, Odisha and Hisar, Haryana. [12] The Jajpur facility started operating in 1970 while the Hisar plant was made operational in the year 1975. The plants comprise 2.9 million tonnes per annum of stainless steel melting facilities. [4] The Jajpur plant has a melting capacity of 2.1 MTPA.
Rourkela Steel Plant (RSP), is a public sector, integrated steel plant in Rourkela, Odisha state, India. It was established on 3 February 1959 with the help of West German industrial corporations on approximately 19,000 acres of land acquired from tribal inhabitants.
VISA Steel Limited is a mineral and metals company situated in the Kalinganagar industrial complex of Jajpur Odisha, India with a 1.5 million ton integrated special and stainless steel manufacturing plant. VISA Steel has its registered office in Bhubaneswar, corporate office in Kolkata and branch offices across India.
The company produces long product structural steel, ferro alloys, pellet and sponge iron. [5] SMEL got listed at Bombay Stock Exchange and National Stock Exchange of India on 24 June 2021. [6] At the time of its IPO the company used to operate three manufacturing plants located at Sambalpur in Odisha, and Jamuria and Mangalpur in West Bengal. [7]
For context, POSCO India seeks about 4000 acres for its US$12 billion proposed steel manufacturing plant in the Indian state of Orissa. In most cases, even small companies planning US$10-US$300 million investment, seeking 100 or more acres will be affected by the compensation plus rehabilitation effort and expenses of LARR 2011.
Angul steel plant is the largest steel plant in India and is under expansion. After the expansion, it will become the largest steel plant in the world. [1] [2]