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Steel industry is facing iron ore and coal availability problems in Odisha:Naveen Jindal

Bhubaneswar:27/7/18; Jindal Steel and Power Limited (JSPL) chairman Naveen Jindal on Friday sought the intervention of the Odisha government to address the increasing iron ore price and freight rate.

Holding a meeting with chief secretary Aditya Prasad Padhi, he said the steel industry is facing iron ore and coal availability problems in the state.

“While iron ore price in international marketing is decreasing, the same in Odisha is increasing. The transporters are also increasing the freight rate time to time in Keonjhar district. This adds to the challenges faced by the steel industries in the state,” said Jindal.

JSPL has invested Rs 35,000 crore in the Barbil plant in Keonjhar district. JSPL is operating India’s largest pellet plant having 9 MTPA capacity. In the last two years, it has made the highest pellet export.

JSPL has recently commissioned Odisha’s largest 6 MTPA capacity steel plant in Angul.

“Not only the iron ore rate hike but also the Keonjhar district transporters are hiking their cost time to time. All these factors are putting the steel industry in great trouble,” said Naveen Jindal.

He also informed that there is a scarcity of coal for steel industries.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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