capital investment of Rs. 20,000.00 crores for setting a steel producing facility and a 1500 MW power generation unit. JSPL plans to commission the first phase of its 6 million tons per annum (MTPA) steel plant in Angul district by mid 2014. In the first phase, it will have a capacity of 1.8 mtpa.
BSSL : Bhushan Steel and Strips Ltd is in the process of setting up a power plant and an advanced hot rolling plant on 1,618 acres (6.55 km) at Angul, at a cost of Rs. 5,200 crores. It is also in talks with the State Government for the allotment of additional 3,500 acres (14 km) to enable it to triple the planned capacity of 2.2 million tons (mt) in about five years. The Angul plant has already started producing 110 MW, sponge iron and billets production is close to 0.5 million tones
