CM Naveen dedicates Tata Steel’s Kalinganagar plant to nation
Kalinganagar (Jajpur): Chief minister Naveen Patnaik dedicated Tata Steel’s Kalinganagar steel plant to nation at a function here today.
Speaking on the occasion, Patnaik said, “I am delighted to be here today to dedicate the first phase of Tata Steel’s 6 million tonne per annum (MTPA) steel plant that is being set up in two phases of 3 million tonnes each. I compliment Tata Steel for choosing Kalinganagar for setting up their integrated steel plant in Odisha.”
Stating that the Rs 22,000 crore greenfield plant will not only boost industrialisation of the State, he said it will also contribute to the local economy and development of Kalinganagar and its nearby areas.
“The local population will benefit from the increased opportunities for direct and indirect employment. This will improve the quality of life of the people,” Patnaik said while addressing the gathering.
He expressed hope that the company’s commissioning of the project will help attract investment from global players in the years to come.
“The Industrial Policy Resolution (IPR) 2015 announced by the State government is aimed at making Odisha a most-favoured destination among both domestic and international investors. We aim to attract investments worth Rs.173,000 crore in the next four years and generate direct employment for about three lakh people in the State,” the CM stated.
Meanwhile the steel behemoth claimed that the steel plant is the largest single-location steel project in the country which in the first phase would produce flat, lighter high-tensil strength steel for heavy industries sectors like ship-building, defence equipment, energy and power, infrastructure building, aviation and lifting and excavation.
In his address, Tata Sons chairman Cyrus P Mistry said, “This plant is our key commitment towards nation building and an effort to ensure sustainable growth. I am confident that the plant will achieve global benchmarks in steel production and at the same time will remain committed to growth and development of the State of Odisha.”
Speaking on the occasion Tata Steel MD TV Narendran said, “Though the steel sector is going through a tumultuous period, Tata Steel aims to hold a strong ground in tough times. Kalinganagar will not only make a major contribution to develop India’s steel sector, but will also stand out as a quintessential sustainable business project, which involves social inclusion and environment preservation, besides ensuring best quality steel making.”
Built over an area of 2100 acre, the plant uses carbon hearth technology along with on-site power generation (202 MW) through gases discharged by coke oven and blast furnace.