Odisha Govt approves 25 industrial projects worth Rs 5,827.27 crore

Odisha

Bhubaneswar, March 4: The State Level Single Window Clearance Authority (SLSWCA) headed by Chief Secretary Pradeep Jena on Saturday approved 25 industrial projects with a cumulative investment of Rs 5,827.27 crore, and expected employment generation for over 25,000 people.

The 115th meeting of the SLSWCA also recommended three large projects of investment value of around Rs 28,000 crore and employment opportunities for around 19,000 people, to the High-Level Clearance Authority (HLCA). Out of the multiple investment intents garnered during the MIO Conclave 2022, 16 projects were put up for approval in today’s meeting.

The approved projects are set to be set up at various districts of Odisha like Khurdha, Cuttack, Jajpur, Jagatsinghpur, Mayurbhanj, Sundergarh & Bhadrak etc.

The SLSWCA approved three projects in the plastic sector, which reflect total investment of Rs 392.10 crore and are jointly expected to provide employment opportunities to 664 people of the State. The Maa Packaging Ltd, Chemco Plastic Industries Pvt. Ltd. and Cool Caps Industries Ltd. are set to come up with their respective units at Malipada, Khordha.

A total of eight projects received a nod in the steel segment, including three projects in the steel downstream segment and two projects in the steel, ferro alloys segment. The eight projects are estimated to provide employment opportunities to over 3,000 people of the State.

While three of the units are set to come up at Kalinga Nagar, the rest of them will be set-up in various other parts of the state like Mandiakudar, Bonai, Lathikata, Rairangpur and Jamda Block. A total of Rs 2418.49 crore has been invested by these eight organisations from the steel sector.

In the food processing segment, three projects got approval from the SLSWCA. While Dodla Dairy Limited and one unit of Krupalu Kunja are set to establish their dairy products manufacturing units at Jagatsinghpur and Dhanpur, block-Korei respectively, another unit of Krupalu Kunja is set to put up a modern rice mill at Tajpur, block-Korei area. In total, the segment witnessed an investment of Rs 164.99 crore and is expected to generate 491 employment opportunities.

Musaddilal Projects Private Limited (Scalar) and SGBL Infosystems Private Limited are the two projects which got approved in the infrastructure segment in SLSWCA meeting. With a total investment of Rs 213 crore, the projects are jointly expected to generate 6,340 employment opportunities. Both the projects are to be set up in Cuttack.

The SNM Hotels and Resorts Private Limited is all set to establish their hotel and resort facility at Sahukhanata, Tahasil- Gop in the district of Puri. While the organization invested a total amount of Rs 80.62 crore in the State, it is expected to provide employment opportunities to more than 150 people of the State.

In the IT & ESDM segment, the SLWCA approved two projects with a cumulative investment of Rs 203.71 crore. While D N Homes Pvt Ltd will come up with its data center facility and IT infrastructure with modern amenities at Info Valley –II, Dist- Khordha, NMDC Data Center Pvt Ltd will set up its data center facility which will offer co-location managed cloud hosting services at EMC Park (Infovalley). In the IT & ESDM/ green energy equipment sector Ampin Solar Private Limited got an approval to set up its manufacturing facility of solar cells and modules at EMC Park (Infovalley)

With a total investment of Rs 95.96 crore, Royale Hotels Private Limited will set up an IT park at Khurda. In the pharmaceutical segment, SLSWCA gave a nod to Tropic Resources Private Limited which is expected to set up an IV Infusion and a Mineral Water Plant at Rourkela, Sundargarh. On the other hand, DryChem India Pvt. Ltd invested an amount of Rs 57.50 crore to set up manufacturing facility for gypsum plaster and gypsum Board, RMP tile adhesive and wall putty at Dhamra, Bhadrakh.

In the textile, apparel and technical textile sector, Shahi Exports Private Limited Odisha-3 (New Unit) received a nod and is set to come up with its readymade garments unit at Khurdha. With an investment of Rs 250 crore, this project is expected to provide employment opportunities to 10,000 people of the State. In the chemical and petrochemical segment Ngaz Paradeep Private Limited has received an approval to set up its refrigerated propane and butane (LPG) storage terminal of 2 MTPA capacity at Paradip, Jagatsinghpur. With an investment of Rs 900 crore, the project is expected to generate 600 employment opportunities.

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