Ranchi: In a major industrial boost for Jharkhand, the Jindal Group has proposed phased investments exceeding ₹70,000 crore across the steel, nuclear energy and solar power sectors, the Chief Minister’s Office (CMO) announced on X.
The diversified investment plan is aimed at dramatically expanding the State’s industrial base, strengthening energy security, and generating large-scale employment. Senior executives of the Group have formally submitted a Letter of Intent (LoI) to the State Government, signalling a long-term commitment to Jharkhand’s growth story.
मुख्यमंत्री @HemantSorenJMM के नेतृत्व में झारखण्ड निवेशकों की पहली पसंद बनने की ओर अग्रसर। जिंदल समूह ने दिया ₹70,000 करोड़ के निवेश का प्रस्ताव।
60,000+ युवाओं को रोज़गार के अवसर, पतरातू में स्टील संयंत्र, 1,500+ MW की स्वच्छ ऊर्जा परियोजनाएं, MSME को मिलेगी नई गति। pic.twitter.com/KlHIwFqHH2— Office of Chief Minister, Jharkhand (@JharkhandCMO) January 31, 2026
Global Outreach Yields Results
Officials said the proposal reflects rising domestic and international confidence in Jharkhand’s stable governance, investor-friendly policies and rich natural resources. The investment roadmap aligns with India’s push for industrial self-reliance, clean energy transition and sustainable development.
The proposal follows the recent global investment outreach led by Chief Minister Hemant Soren during high-level engagements in Davos and the United Kingdom, where Jharkhand showcased its industrial and energy potential.
6 MTPA Integrated Steel Plant at Patratu
A key pillar of the proposal is the establishment of a 6 million tonne per annum (MTPA) integrated steel plant at Patratu by Jindal Steel. The plant will use advanced, low-emission technologies and focus on producing high-grade steel for infrastructure, transport, defence and renewable energy sectors.
Following meetings with the Chief Minister and the State delegation in London, a senior company official said Jharkhand offers the ideal mix of mineral resources, skilled manpower and proactive governance, making it a natural choice for long-term industrial investment.
Nuclear & Solar Power to Drive Energy Security
As part of India’s clean energy and decarbonisation goals, the Group has also proposed a 1,400 MW nuclear power project in Jharkhand, subject to statutory and regulatory clearances. The project is expected to provide stable, low-carbon baseload power to support industrial expansion.
In addition, a 140 MW solar power project has been proposed, reinforcing Jharkhand’s role in the renewable energy transition and ensuring reliable power supply for industries.
A Transformational Moment for Jharkhand
With steel, nuclear and solar projects under one integrated vision, the ₹70,000 crore investment plan is being seen as a transformational moment for Jharkhand, positioning the State as a rising industrial and clean energy hub in eastern India.
