February 26, 2011 9:34 PM

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Jindal Steel & Power Ltd to commission steel plant in Odisha by year end

In Odisha, Jindal Steel and Power Limited will commission the first phase of the steel plant in Angul district by March next year. The plant will have a capacity of producing 20 million tonnes, a year.Speaking to media persons at Bhubaneswar, Vice-chairman of the firm Naveen Jindal, said the company has decided to increase the capacity of the steel plant from 6 milion tons to 20 million in the next 10 years. He said a 2 million tonne steel plant will be ready within a year. On the rehabilitation package to the displaced person, Jindal said it will be a showcase for the others.Earlier, he met Odisha Chief Minister Naveen Patnaik and discussed the project.The Union Ministry of Environment and Forests had recently given a go ahead nod to the steel project with some hard conditions.

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