This line is being taken up on the public private partnership (PPP) mode in partnership between Rail Vikas Nigam Limited, Government of Odisha, Jindal Steel and Power and Bhushan Power and Steel.
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Bhushan Steel Limited has a presence at Meramandali in Dhenkanal district of Odisha and is currently (as of 2012) implementing a backward integration project to set up an integrated steel plant of 2.3 million tonnes per annum capacity.
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With the opening of Goilkera-Jharsuguda section the main line route of Bengal Nagpur Railway (BNR) was completed and the official function for the opening ceremony of main line from Asansol to Nagpur, presided by the Viceroy of India, Lord Lansdowne was held at Chakradharpur station on 3 March 1891.
The displaced people migrated to other places such as in Jharsuguda, Sambalpur, Bargarh, Sonepur, Angul, and the Boudh district.
A few large-scale units of Vedanta Alumina Ltd and Utkal Alumina International Ltd will be setting up units in the area.