In addition to the existing steel plants at Rourkela of SAIL, Kalinga Nagar of NINL and MESCO the State Government has signed 49 MoUs with National & Internalional steel companies for establishment of new steel plants in the State. The List of MoU signed companies with details of capacity to be installed and investment to be made is furnished below :
| SL# | Company/Project | District | Location | Product | Date of MoU | MoU Capacity in MTPA | Install Capacity in MTPA | CAPA_MOU(CPP) | Investment as per MoU in Cr. | Investment made so far in Cr. |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | AARTI STEELS LIMITED | Cuttack | Ghantikhal, Athagarh | STEEL | 10/1/2003 | 0.50 | 0.20 | 50.00 | 886.00 | 711.46 |
| 2 | ACTION ISPAT AND POWER(P) LTD. | Jharsuguda | Pandiripathar and Marakuta | STEEL | 11/27/2004 | 0.25 | 0.25 | 30.00 | 270.00 | 723.73 |
| 3 | ADHUNIK METALIKS LIMITED | Sundargarh | Chadrihariharpur, Rourkela | STEEL | 10/1/2003 | 0.41 | 0.41 | 70.00 | 400.00 | 2,339.22 |
| 4 | ARYAN ISPAT & POWER PVT. LTD. | Sambalpur | Bomaloi, Rengali | STEEL | 11/27/2004 | 0.30 | 0.00 | 45.00 | 393.14 | 347.04 |
| 5 | BHUSHAN POWER & STEEL LTD. | Sambalpur | Telkai, Lapanga | STEEL | 5/15/2002 | 2.80 | 2.80 | 155.00 | 5,828.15 | 42,671.00 |
| 6 | BHUSHAN STEEL LIMITED | Dhenkanal | Meramandali | STEEL | 11/3/2005 | 6.00 | 6.00 | 155.00 | 5,828.15 | 42,000.00 |
| 7 | BRAND STEEL & POWER PVT. LTD. | Keonjhar | Palaspanga | STEEL | 11/3/2005 | 0.27 | 0.00 | 24.00 | 307.54 | 119.00 |
| 8 | BRG IRON & STEEL CO. PVT. LTD. | Dhenkanal | Kurunti | STEEL | 5/4/2005 | 0.26 | 0.26 | 0.00 | 228.05 | 883.91 |
| 9 | BRAHMANI RIVER PALLETS LIMITED | Keonjhar & Jajpur | Barbil/Duburi | PELLET | 3/15/2007 | 4.00 | 4.00 | 0.00 | 1,485.00 | 2,074.64 |
| 10 | CONCAST STEEL & POWER LTD. | Jharsuguda | Kukurjanga, Badmal | STEEL | 8/26/2004 | 0.29 | 0.28 | 0.00 | 210.00 | 454.36 |
| 11 | CRACKERS INDIA (ALLOYS) LIMITED | Keonjhar | Gobardhanpur | STEEL | 12/22/2006 | 0.25 | 0.00 | 16.00 | 236.39 | 11.34 |
| 12 | DEEPAK STEEL & POWER LIMITED | Keonjhar | Topdihi, Barbil | STEEL | 5/4/2005 | 0.25 | 0.25 | 10.00 | 195.31 | 0.00 |
| 13 | THAKUR PRASAD SAO & SONS PVT. LTD. UNIT-IV | Jharsuguda | Lahandabud | STEEL | 11/3/2005 | 0.25 | 0.25 | 30.00 | 254.00 | 209.92 |
| 14 | ESSAR STEEL INDIA LIMITED | Jagasinghpur | Paradeep | STEEL | 4/21/2005 | 4.00 | 0.00 | 1,000.00 | 10,721.00 | 3,500.00 |
| 15 | JAI BALAJI JYOTI STEELS LIMITED | Sundargarh | Tanisar,Near Lathikata | STEEL | 11/3/2005 | 0.33 | 0.00 | 40.00 | 321.14 | 112.80 |
| 16 | JAIN STEEL & POWER LIMITED | Jharsuguda | Duriaga | STEEL | 5/4/2005 | 0.30 | 0.00 | 38.00 | 251.77 | 0.00 |
| 17 | JINDAL STAINLESS LIMITED | Jajpur | Duburi, Kalinganagar | STEEL | 6/9/2005 | 1.60 | 1.60 | 550.00 | 6,628.00 | 9,923.00 |
| 18 | JINDAL STEEL & POWER LIMITED | Angul | Benification Plant at Deojhar, Keonjhar and Steel Plant at Angul | STEEL | 11/3/2005 | 6.00 | 1.50 | 900.00 | 13,135.02 | 24,744.00 |
| 19 | MAHESWARI ISPAT PRIVATE LIMITED | Cuttack | Khutuni, Rampei | STEEL | 11/27/2004 | 0.25 | 0.25 | 15.00 | 210.00 | 0.00 |
| 20 | MAITHAN ISPAT LTD. | Jajpur | Duburi, Kalinganagar | STEEL | 11/27/2004 | 0.27 | 0.27 | 25.00 | 335.25 | 684.03 |
| 21 | MGM MINERALS LTD. | Dhenkanal | Nimidhia,Motonga | STEEL | 12/22/2006 | 0.25 | 0.00 | 16.00 | 208.10 | 290.58 |
| 22 | MSP METALLICKS LIMITED | Jharsuguda | Marakuta | STEEL | 11/27/2004 | 0.26 | 0.11 | 25.00 | 260.59 | 0.00 |
| 23 |
NARBHERAM POWER AND STEEL PVT. LTD. (Formerly SCAW Ind. Pvt. Ltd.) |
Dhenkanal | Gundichapara | STEEL | 10/1/2003 | 0.80 | 0.04 | 100.00 | 824.00 | 0.00 |
| 24 | OCL IRON AND STEEL LIMITED | Sundargarh | Rajgangpur | STEEL | 11/27/2004 | 0.25 | 0.13 | 18.00 | 204.21 | 975.32 |
| 25 | ORISSA SPONGE IRON & STEEL LIMITED | Keonjhar | Palaspanga | STEEL | 8/26/2004 | 1.00 | 0.10 | 144.00 | 1,137.00 | 0.00 |
| 26 | PATNAIK STEELS AND ALLOYS LIMITED | Keonjhar | Purunapani, Joda | STEEL | 5/4/2005 | 0.27 | 0.10 | 50.00 | 337.42 | 183.34 |
| 27 | RATHI STEEL & POWER LTD. | Sambalpur | Potapalli, Sikridi | STEEL | 5/4/2005 | 0.30 | 0.30 | 25.00 | 272.85 | 0.00 |
| RUNGTA MINES LIMITED | Sundargarh & Dhenkanal | Kamando near Koira, Sundargarh and Jharband Dhenkanal | STEEL | 11/3/2005 | 2.00 | 0.60 | 315.00 | 2,275.00 | 575.65 | |
| 29 |
SHRI JAGANNATH STEELS & POWER LTD. (Formerly Beekay Steels and Power Ltd.) |
Keonjhar | Uliburu, Barbil | STEEL | 5/4/2005 | 0.28 | 0.12 | 32.00 | 319.80 | 204.00 |
| 30 | SHYAM METALICS AND ENERGY LTD. | Sambalpur | Pandoloi, Rengali | STEEL | 2/9/2004 | 0.27 | 0.10 | 25.00 | 224.71 | 1,107.00 |
| 31 | SMC POWER GENERATION LIMITED | Jharsuguda | Hirma | STEEL | 12/26/2003 | 0.40 | 0.25 | 83.00 | 455.00 | 496.00 |
| 32 | SREE METALIKS LIMITED | Keonjhar | Loidapara, Barbil | STEEL | 11/27/2004 | 0.25 | 0.25 | 8.00 | 190.44 | 0.00 |
| 33 | SURENDRA MININGS INDUSTERIES (P) LTD. | Sundargarh | Barahamusa, Bonai | STEEL | 12/22/2006 | 0.25 | 0.25 | 16.00 | 221.62 | 140.45 |
| 34 | TATA STEEL LTD. | Jajpur | Duburi, Kalinganagar | STEEL | 11/17/2004 | 6.00 | 3.00 | 120.00 | 15,400.00 | 23,319.00 |
| 35 | VIRAJ STEEL & ENERGY PVT. LTD. | Sambalpur | Pandaloi, Gurupali | STEEL | 5/4/2005 | 0.30 | 0.30 | 16.00 | 207.00 | 259.32 |
| 36 | VISA STEEL LIMITED | Jajpur | Duburi, kalinganagar | STEEL | 12/26/2003 | 1.00 | 1.00 | 16.00 | 345.78 | 3,357.10 |
| TOTAL | 42.46 | 24.96 | 4,162.00 | 71,007.43 | 162,417.21 | |||||