Odisha Govt clears eight investment proposals worth Rs 1609.49 crore

Odisha

Bhubaneswar: The Odisha Government on Thursday approved eight more investment proposals worth Rs 1,609.49 crore envisaging an employment potential for 1,450 people.

The 89thState Level Single Window Clearance Authority (SLSWCA) meeting which was held Chief Secretary Asit Kumar Tripathy in Lokseva Bhawan approved the projects in food processing, chemicals, plastics, tourism, steel downstream and infrastructure sectors.

Industries Secretary Hemant Sharma outlined the project proposals for consideration.

While the proposal of Tata Global Beverages Ltd, to set up the Tea Blending and Packaging facility with annual capacity of 36,000 Metric Ton, with a total investment of Rs 83.53 crore providing employment to about 294 people was approved by the SLSWCA, another proposal of Runaya Metsource LLP for Coal Tar Pitch (CTP) distillation unit of total 0.2 MMTPA capacity, with additional investment of Rs 211 crore and employing around additional 212people has also got the nod of the Chief Secretary-led panel.

In addition another proposal of Astral Polytechnik Ltd (Unit 2) for setting up HDPE and Thermoplastic pipes manufacturing unit of capacity 5,000 MT for additional investment of Rs 60.06 crore has also been approved by the SLSWCA. It will provide an additional employment to around 150 people.

In the Tourism sector, project by Apeejay Surrendra Park Hotels Ltd for expansion of its 5-star hotel with an investment of Rs 150 crore, has been approved which will provide employment for 150 people. Kamat Hotels (India) Ltd’s proposal for expansion of its 5-star hotel, with an investment of Rs 51 crore has also been approved and it will provide an additional employment to around 160 people.

In a big boost to the State’s metal downstream sector, proposal of Thriveni Earthmovers has been approved for setting up 30 MTPA underground Slurry Pipe Line, with a total investment of Rs 948.90 crores, which will create employment opportunities for 217 people.

The SLSWCA has also been approved the proposal of CDET Explosives Industries for setting up a manufacturing facility for cartridge explosives, bulk emulsion explosives, detonating fuse and caste boosters of capacity 45,300.00 MT per annum, with an investment of Rs 55 crore and it will provide an additional employment opportunities for 177 people.

A proposal of Apeejay Logistics Park Ltd has been approved to set up an expansion of existing Logistics Park at Kalinga Nagar, with an investment of Rs 50 crore, which will create employment opportunities for 90 people.

 

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