#Odisha Govt Approves Rs 1,753 Cr Investment Proposals

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Bhubaneswar: State-level single window clearance authority headed by Cheif Secretary Asit Tripathy clears six investment proposals worth Rs 1,753 crore . IMFA’s proposal for a Ferro Chrome unit (96,000 MT per annum) & 10 MW WHRB power plant at Kalinganagar got state govt nod. It will have investment of Rs. 547.19 crores & create jobs for 900 people .

The SLSWCA approved the proposal of Page Industries Ltd. to set up a garment manufacturing unit in Khordha with a total investment of Rs 257.50 crore providing employment to about 3,500 people.

Another proposal of Jay Bharat Spices Pvt. Ltd. for diversification of its unit with addition of potato chips/wafers extruded puffed snack and cold storage facilities at Ramdaspur in Cuttack district with additional investment of Rs 50.10 crore employing around additional 550 people, was approved.

Proposal of Shree Malani Foams Pvt. Ltd. was also approved for additional investment of Rs 10 crore for setting up Rebounded Foam block (RBF) unit having 500 TPA capacity at Khordha.

In the tourism sector, a project by Deo Residency and Resorts Pvt. Ltd. for expansion of its existing hotel at Baragadia, Kalinga Nagar in the district of Jaipur with an investment of Rs 53.69 crore, was approved. It will provide employment for 90 people.

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