ArcelorMittal Nippon Odisha steel plant: Works slowed down due to delays
ArcelorMittal and Japan’s Nippon Steel joint venture (JV), ArcelorMittal Nippon Steel India's (AMNS India) steel plant in Kendrapara, Odisha, has slowed down. The Rs 1.02 lakh crore project has slowed down due to persistent land acquisition delays and administrative bottlenecks.
The state government of Odisha issued land acquisition notices under the Land Acquisition Act in late 2024 to acquire 383 acres in Badatubi village for the project. However, verification of land rights is still underway. There is no clear update on when the project might gain momentum.
Meanwhile, the firm has shifted its focus to the Andhra Pradesh greenfield plant of 7.3 mtpa capacity, involving an investment of Rs 55,964 crore, which is slated to be operational by January 2029.
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