Jindal praise for Govt’s biz plans

Chairman of Jindal Steel and Power Limited (JSPL) Naveen Jindal has appreciated the State Government's initiative for making Odisha an investment-friendly destination.

Published: 03rd December 2016 02:43 AM  |   Last Updated: 03rd December 2016 06:37 AM   |  A+A-

By Express News Service

BHUBANESWAR: Chairman of Jindal Steel and Power Limited (JSPL) Naveen Jindal has appreciated the State Government's initiative for making Odisha an investment-friendly destination.

Odisha has excellent investment potential and the Make In Odisha Conclave under the leadership of Chief Minister Naveen Patnaik will further enhance the investment environment of the State, he said after visiting the conclave. JSPL has invested about `35,000 crore in Odisha and created employment opportunities for 30,000 people, Jindal said and added that the company has already set up a two million tonne capacity steel plant and more investment will be made to expand it to six million tonne capacity. Jindal said the coal gasification technology adopted by JSPL can be used in making several products which will help in creating more downstream industries. More than 50,000 jobs can be created by developing ancillary industries of JSPL's plant at Angul, he said.

JSPL is now focusing on construction division and has commissioned world's largest Rebar Mill at Angul. The company has set up the largest pelletisation complex of nine million tonne per annum capacity complex at Barbil.
JSPL's stall in Make In India Conclave has attracted thousands of visitors who are in policy making, legislation, administration, academia, research and business.

E2.5 lakh  stolen from engineer’s house
Bhubaneswar: Cash and gold worth C2.5 lakh was stolen from the house of an Executive Engineer at Museum Colony area under Badagada Police limits here on Friday. The incident occurred when the engineer, Durga Charan Mishra, was not present in the house. When he returned in the evening, Mishra noticed that the locks were broken and rooms ransacked. Sources said C40,000 in cash was stolen apart from gold and silver ornaments. The local police registered an FIR and started investigation.

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