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Govt gives nod to Rs 5,827 cr industrial projects in Odisha

Monday, 06 Mar 2023
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The Odisha government has given a green nod for 25 industrial projects worth Rs 5,827.27 crore. These projects will create employment opportunities for about 25,000 people.

The state-level single window clearance authority (SLSWCA) has approved the projects and recommended three other large-scale projects of investment worth Rs 28,000 crore to the high-level clearance authority (HLCA).

The projects will be set up in various locations such as Khurda, Cuttack, Jajpur, Jagatsinghpur, Mayurbhanj, Sundergarh and Bhadrak districts.

The state has approved three plastic industry projects with an investment of Rs 392.10 crore in the plastic sector, eight projects worth Rs 2,418.49 crore in the steel segment and three food processing projects with an investment of Rs 164.99 crore.

Ampin Solar received approval to set up solar cells and modules manufacturing facility at Infovalley. The company will invest Rs 950 crore in the project.

Similarly, Ngaz Paradeep has received the approval to set up refrigerated propane and butane (LPG) storage terminal of two MTPA capacity at Paradip with an investment of Rs 900 crore.

Further, SLSWCA has also approved two infrastructure projects with an investment of Rs 213 crore.

The authority has approved two projects in the IT & ESDM segment with a cumulative investment of Rs 203.71 crore.

Likewise, a hotel project of Rs 80.62 crore and an IT park worth Rs 95.96 crore were sanctioned by the state government.

The state also sanctioned one cement product manufacturing unit with an investment of Rs 57.50 crore, a textile unit with Rs 250 crore and a pharmaceutical industry with Rs 100.90 crore.

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