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<h1>Investment MoU: JSW to develop a large-capacity steel plant in Keonjhar, collaboration plans yet to be decided.</h1> A Memorandum of Understanding was signed between JSW Group and the State government to establish a large-capacity steel production facility in Keonjhar district, with an investment commitment disclosed at the signing; the site is within an iron ore belt and project proponents emphasised local mineral utilisation. The MoU leaves open future decisions on strategic collaboration with other firms, and the announcement coincided with other major industry investment commitments at the state conclave.
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