Status: Planning Stage
Promoter: Posco-India, a subsidiary of POSCO
Project: State-of-the- art integrated steel Manufacturing unit
Product/ Capacity: Steel 12 MTPA
Cost: Rs. 520 billion
Location: Near Paradip, dist. Jagatsinghapur, Orissa
Current Status: As of December 2012, the company had signed an MoU with the Government of Odisha. Land acquisition is in progress. The project is waiting for government clearance and is planned for completion in 2 years from zero date.