Odisha achieves steel production capacity of 12.66 mtpa

Bhubaneswar: Odisha government today said the state has achieved steel production capacity of 12.66 mtpa and will generate a minimum 77.16 mtpa of steel after commissioning of projects for which 49 MoUs have been signed with corporates.

"Different companies have set up their projects and achieved the steel production capacity of 12.66 mtpa," Odisha Steel and Mines Minister R K Singh said while replying to a question in the Assembly.

"Odisha will generate at least 77.16 mtpa of steel after commissioning of all the 49 MoUs signed with companies," the minister said.

Of the 49 companies which signed MoUs with the state government for establishment of integrated steel plants, 30 companies have gone to different stages of production, the minister said.

Bhusan Power & Steel Limited which was establishing a 2.8 mtpa steel plant at Lapang in Sambalpur district, had meanwhile been able to achieve production of 2.4 mtpa steel so far, the minister said adding that the company was also generating 116 MW power from its captive power plant.

Other companies which have started steel production included Aarti Steels Limited, Adunik Metalicks Ltd, Neelachal Steel & Power Ltd, Visa Steel Ltd, SMC Power Generation Ltd and Shyam Metalicks & Energy Ltd.

However, no mega steel project like Posco and ArcelorMittal's 12 mtpa capacity plant could come up even as their MoU periods lapsed.

Similarly, the minister said, the state government has signed MoUs with four different companies for production of aluminium.

"Three aluminium companies have started partial production and achieved the production capacity of 1.175 mtpa agaianst installed capacity of 3.585 mtpa," the minister said.