JSW Steel & POSCO JV for Steel Plant in Odisha

📅 Published 19 Apr 2026 · April 2026

JSW Steel & POSCO JV for Steel Plant in Odisha

Proposal: 6 MTPA integrated steel plant.
Ownership: 50:50 JV via Saffron Resources Pvt Ltd.
Investment: Rs. 508.8 crore by POSCO.
Timeline: Expected closure by December 2026.

📝 Relevant Exams: UPSC