Odisha Govt. Gives Nod To Ten Projects Envisaging Investment of Rs. 2435.57 Cr.

Bhubaneswar: The State Government approved ten investment proposals envisaging investment of around Rs 2,435.57 crore and employment opportunities for 5,432 persons.

The projects were approved in the State Level Single Window Clearance Authority (SLSWCA) meeting held under the Chairmanship of Chief Secretary Asit Tripathy here on Thursday.

The proposals approved in SLSWCA were from different sectors like food processing, chemical, metal, infrastructure, power, renewable energy and downstream.

The approved projects included the proposal of Ion Exchange Ltd for sting up a manufacturing plant of anion and resins at Paradip with investment of Rs 166 crore and creation of job opportunity for 125 persons; the proposal of Highland Agro to set up shrimp processing and cold chain unit at Gadabhanga of Baleswar district with investment of Rs 53.08 crore and employment potential for 445 people; the proposal of RatnamaniMetals and Tubes Ltd to set up a steel pipe manufacturing unit at Kalinganagar of Jajpur district with investment of Rs 156 crore and employment potential for 183 people; the proposal of Metaliks Ltd to set up iron pipe plant at Kalinganagar with investment of Rs 504 crore and employment potential of 2,181 persons; (v) the proposal of Beekay Steel Industries Ltd to set up steel billet manufacturing unit at Kaninganagar with total investment of Rs 196 crore and employment potential for 506 people; the proposal of Kamaljit Singh Ahulwalia for expansion of its existing 0.1 MTPA steel plant to 0.2 MTPA capacity at Barpada of Keonjar district with investment of Rs 593.67 crore and employment potential of 1,274 people; proposal of Suraj Products Ltd for expansion of its existing steel plant capacity by addition of steel melting shop and rolling mill at Barpali in Sundargarh district with investment of Rs 50.25 crore and job opportunity for 196 people.

The proposal of TM International Logistics to set up a Logistic park at Kalinganagar with total investment of Rs 168 crore and job opportunity for 375 people; proposal of Aditya Birla Renewable Ltd to set up a solar power plant of 75 MW capacity in Boudh, Bargarh and Balangir districts with investment of Rs 352.50 crore and job opportunity for 80 people and NHPC’s 40-MW solar power plant in Ganjam district with a total investment of Rs 196 crore and job opportunity for 67 people.

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