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Odisha CM approved 9 key industrial projects with a cumulative investment of INR 1,01,804.43 Crores

in Business, State News September 11, 2023 Comments Off on Odisha CM approved 9 key industrial projects with a cumulative investment of INR 1,01,804.43 Crores 577 Views

Bhubaneswar:11/9/23:Propelling the industrial development further, the High-Level Clearance Authority (HLCA) under the chairmanship of CM Naveen Patnaik has approved 9 InvestInOdisha proposals worth ₹1,01,804.43 Cr with an employment potential of 28,565 people. The projects are in sectors like Steel, Green Energy/ESDM, Oil and gas, Cement, Textile, Green Hydrogen, and Chemicals.
The HLCA approved the expansion proposal of JSW Utkal Steel to enhance its planned Integrated Steel Plant capacity from 12 MTPA to 24 MTPA with an investment of ₹75,000 Cr. The industrial project is expected to generate employment for 12,000 people.
May be an image of 1 person and text that says 'Odisha approves Investment proposals worth ₹1,01,804.43 Cr Employment potential: 28,565 Major Projects JSW Utkal Steel Expansion of Integrated Steel Plant- Jatadhar, Jagatsinghpur Investment: ₹75,000 Employment: 12,000 Jindal Ferrous- Establishment of carbon steel plant- Kalinga Nagar Jajpur Investment: ₹3,449 Cr Employment: 1,396 MSP Metallics Steel plant expansion, establishment of CPP & Railway siding Marakuta, Jharsuguda Investment: ₹1,500 Cr Employment: 4,000 Avaada Electro Manufacturing unit- Haldiapada, Khordha Investment: ₹11,300 Cr Employment: 4,000 Berger Paints India Manufacturing unit Kalibeti, Khordha Investment: ₹1,458.25 Cr Employment: 350 CMO.Odisha X @CMO_Odisha 1/2'
In the Green Energy Equipment & ESDM sector, Avaada Electro’s project to establish a manufacturing facility for ingots, wafers, solar cells, and modules in Haldiapada, Khordha received HLCA’s approval. This project with an investment of ₹11,300 Cr, is expected to create employment opportunities for 4,000 people.
Other projects include L&T Energy Green Tech’s Green Ammonia Plant in Paradeep, Jagatsinghpur; Berger Paints’ manufacturing unit for Intermediates, Paints and allied products; Indian Oil Corporation’s Polyester products manufacturing unit at Textile Park in Bhandaripokhari, Bhadrak.The approved projects also include Petronet LNG’s LNG Terminal in Gopalpur Ganjam; Toshali Cement’s expansion proposal to increase the clinker capacity to 1.75 MTPA and Cement grinding capacity to 1.40 MTPA in Ampavalli, Koraput.
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About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.
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