By Bizodisha Bureau, Bhubaneswar, Septemebr 16, 2024: The Phase-2 expansion of Tata Steel’s Kalinganagar plant in Jajpur district of Odisha will see capacity expansion from 3 million tonnes per annum (MTPA) to 8 MTPA soon. This expansion will also catapult the eastern state to an enviable position of becoming the single largest investment destination for the country’s oldest steel maker. Tata Steel’s total investment in Odisha as of now stands over Rs one lakh crore.

The Company completed the first phase in 2015 with an investment of Rs 25,000 crore and further ramped up its capacity in Odisha through the acquisition of Neelachal Ispat Nigam Ltd (NINL) in 2022 with an additional investment of Rs 12,100 crore. Beisdes, Tata Steel has invested Rs 27,000 crore in Phase-2 of Kalinganagar plant expansion. It also took over Bhushan Steel Ltd plant in the Dhenkanal district, now known as Tata Steel Meramandali (formerly

The ongoing expansion in Kalinganagar will play an important role in Tata Steel’s ambition to achieve its target of 40 MTPA capacity in India by 2030. “At Tata Steel, we are proud to partner Odisha in driving India’s industrial transformation. The abundance of mineral wealth and other natural resources, combined with the large pool of skilled workforce and investor-friendly policy environment has provided significant support for Tata Steel’s ongoing growth and investments in the state. Through our continued commitment, we are helping shape a future-ready Odisha, fostering innovation, sustainability, and progress, ” Tata Steel Vice President, Corporate Services, Chanakya Chaudhary said.

Tata Steel’s presence in Odisha has also significantly improved the state’s industrial landscape through the development of projects like Gopalpur Industrial Park (GIP), developed by Tata Steel Special Economic Zone Limited (TSSEZL). GIP is strategically located in the Ganjam district in southern Odisha.

Built with an investment of Rs 730 crore, GIP today houses not just Tata Steel’s facilities, but other companies including Tata Consumer Products, Anadrone Systems Private Limited, East Coast Overseas, and Odimet Resources. The complex is also expecting new facilities to manufacture green hydrogen/ammonia facilities, a global-scale Technical Ammonium Nitrate Complex, and an L-CNG Conversion Unit to cater to domestic and industrial gas needs.

Tata Steel’s ambitious growth in this region is supported by expansions in iron ore mines, the development of significant infrastructure projects like the Subarnarekha Port in Balasore district, and the implementation of slurry pipelines for the transportation of iron ore fines.

Tata Steel also has a grandiose plan to expand It Kalinganagar plant to 16 MTPA in the coming years, which will further strengthen Odisha’s role in Tata Steel’s growth journey.