Jharsuguda - Economy and Infrastructure

Economy and Infrastructure

This cosmopolitan town is fast emerging as the economic hub of Orissa; the state government has formed a master plan for the city's development. Jharsuguda has a unit of Ultratech Cement of the Aditya Birla Group at Dhutra, which is India's largest cement manufacturing company. Many small- and medium-scale steel units are being set up in the town vicinity, including Bhushan Power & Steel Limited (Thelkoloi village), SMC Power Generation Ltd., Action Ispat Ltd., Eastern Steel & Power Ltd., TRL Krosaki Refractories Limited and SPS Steel & Power Ltd. A few large-scale units of Vedanta Alumina Ltd and Utkal Alumina International Ltd will be setting up units in the area.

  • Vedanta Aluminium Limited (VAL), currently setting up a 0.5 million-tonne aluminium smelter and 135*9 MW captive power plant at Jharsuguda in Orissa, has chalked out a massive 4.6 billion dollar expansion for the project.
  • Reliance Energy has proposed to set up a 12,000 MW thermal power plant at a cost of Rs 48,000 crore (Rs 480 billion) at Hirma in the Jharsuguda district of Orissa.
  • Sterlite Energy Limited is developing a 2,400 MW power plant at Jharsuguda.
  • Orissa Power Generation Corporation Ltd (OPGC) established IB Thermal Power Station having two units of 210 MW each in the Ib valley area of Jharsuguda and is developing a 1,220 MW power plant at same place.
  • The state plans to set up an airport at Jharsuguda.

In recent years Jharsuguda district has witnessed a large scale Industrialization.

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Famous quotes containing the word economy:

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