Odisha Approves 6 Industrial Projects Worth Rs. 493.62 Crore
Bhubaneswar, May 6: The Odisha government on Friday approved six industrial projects worth Rs.493.62 crores. The State Level Single Window Clearance Authority (SLSWCA) chaired by Chief Secretary Suresh Chandra Mahapatra approved these six projects which would generate employment opportunities for over 1317 people in the state.
The SLSWCA gave a nod to Jatia Steel Ltd to set up a 2,50,000 MT TMT Rebar and 2,50,000 MT Wire rod mill in Kalinga Nagar, Jajpur district, against an investment of INR 125 crore.
The committee approved another downstream Steel unit by the Sarangi Metal Works International Private Limited to set up a Driveline & Torque Tubes-50,000 MT, Special Coated Rollform Structures- 15,000 MT, Hot Dip Galvanized Steel Structures- 25,000 MT, in Kalinga Nagar, Jajpur district with an investment of Rs.65.37 crore That apart, the authority also approved the proposal to set up a 100 KLPD Ethanol Plant along with 2.5 MW Co generations Power Plant by JRS Ventures Pvt Ltd at Sonepur with an investment of Rs.121 crore The proposal of the SNM Hotels and Resorts Private Limited to set up a Hotel and Resort facility in Somolo Island, in Ganjam district at an investment of Rs.80.25 crore was also approved.
Similarly, the government has given a nod to Danieli Corus Refractory Solutions Pvt Ltd. to set up a Carbon/Graphite block cutting and machining facility with a capacity of 1500 MT per annum in Khordha district, at an investment of Rs.51 crore. The SLSWCA also approved the proposal of Ashirvad Pipes Private Limited to set up an 18,000 MTPA capacity HDPE and PVC Pipes manufacturing unit in Tangi, Cuttack at an investment of Rs.51 crore.
The Chief secretary said the primary focus of the state government has been on the employment-intensive sectors like Metal downstream, Food Processing, Tourism, and Plastic industries which employ thousands of employees in a single unit.
