LN Mittal holds discussions with CM Naveen Patnaik; Arcellor Mittal & Nippon Steel To Invest Rs 2000 Crore in #Odisha

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Bhubaneswar: Chief Minister Naveen Patnaik, today, through a Video Conference discussed with Lakshmi Niwas Mittal, Chairman, ArcelorMittal Group from London regarding industrial investment in Odisha.

Mittal thanked Chief Minister for his leadership in managing COVID-19 pandemic in extraordinary manner. He also appreciated Hon’ble Chief Minister for his effort in extending cooperation to industrial houses and said that transparency maintained in leasing of Sagasahi and Thakurani Mines in the State auctioned in favour of his company has created world class bench mark.

Chief Minister suggested Sri Mittal for value addition within Odisha to Odisha’s minerals so that it will create more job opportunity and help boost Odisha’s economy. He also assured all possible cooperation in the matter. ArcelorMittal Group will invest Rs. 2000 Crore in the first phase as part of their expansion plan, by enhancing the capacity of Pellet plant at Paradeep to 12 MPTA from 6MPTA and of benefication plant at Dabuna(Keonjhar) to 16 MPTA from 5MPTA.

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