Home Industry All Out Efforts For AMNS Steel Complex

All Out Efforts For AMNS Steel Complex

Bhubaneswar With the all-out efforts made by the State Administration, ArcelorMittal Nippon Steel’s (AMNS) mega integrated steel plant project in Kendrapara was got in-principle approval from the State Government in a timely manner.

Thanks to the overdrive of Hemant Sharma, Principal Secretary Industries and Chairman IPICOL, who as the then District Collector of Kendrapara and still loved by people of the district for his sincere effort to make a ‘No Industry’ district to an Industrial Hub with AMNS Steel Complex.

Blessings of Chief Minister Naveen Patnaik and Secretary to Chief Minister V K Pandian worked wonders.

Team Odisha led by Mr.Sharma worked in tandem to bring one of the largest investment to the State and make it happen in shortest period by providing single window facilitation.

On 4 March 2021, the Steel Behemoth had signed the MoU with the State Government for establishment of the integrated steel plant. At that time, the company had proposed to set up a 12 million tonne per annum (MTPA) plant in Kendrapara with an investment of Rs 50,000 crore.

However, in the meantime, the Steel Major has bagged two iron ore mines—Thakurani block with a reserve of 179.26 MT and Ghoraburhani-Sagasahi iron ore block with a reserve of 78.24 MT, originally bagged by Essar. So, the company may not face any raw material issues for the steel project.

Besides, the strategic location identified by the State Government for the mega project at Mahakalpara has also prompted the company to expand its proposal, said a senior official of the Industries Department.

The company has now decided to double its capacity to 24 MTPA and also invest over Rs 1 lakh crore in a phased manner.  The company has planned to commence operations in 2027.

As it is a big investment project, the State Government is making all efforts for grounding of the project, sources said.

From the identification to suitable location to availability of required auxiliary services is being ensured by the State.

Around 4,000 acres including Government, private and other categories of land has been identified for the project. With the help of the State Government officials, the company has completed its feasibility study for the mega project.

The State Government has constituted a High Power Committee chaired by Chief Secretary to ensure availability of logistic infrastructure, power and water utilities and all the clearances for the project will be provided in a time bound manner at the plant site.

The steel plant of AMNS India will add significantly to the economic activity and employment generation not only in the area but also in the entire Odisha.

AMNS India, a joint venture between ArcelorMittal and Nippon Steel, is a different entity that combines the financial strength of the Mittal Group and Japan’s Nippon Steel. The company is known for its high-technology steel products.

The company has the largest single-location pelletisation complex of the country at Paradip in Odisha. The pellet making capacity in the plant has doubled to 12 million tonne per annum (MTPA).

This company will also produce 18.75 MT of cement annually, making it one of the largest cement manufacturing plants in the country and will boost the infrastructure development in the region.

Along with the steel complex, the company will also develop a downstream industry park to promote the MSMEs and help import substitution. A large Number of ancillary manufacturing companies are expected to put up their units in this region to support the huge steel making facility.

The infrastructure to be developed for the Kendrapara projects facility will give a boost to the logistics and overall development of the region. This modern, green & environment friendly steel making facility will put Kendrapara and Odisha on the world steel map. A number of international equipment manufacturers will be stakeholders in this project and catalyse more employment opportunities to the State.

With this massive investment, Odisha has garnered investments worth Rs 2.70 lakh crore in the past 12 months, creating potential employment opportunities for over 77,000 persons.

The current cohesion between the Centre and State and the target to ramp up country’s steel production to 300 MTPA by 2030 including 100 MTPA alone from Odisha to meet the global steel demand, will help in smooth grounding of the project, feels the expert.

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