Odisha approves 8 industrial projects worth Rs 1,242 crore
Bhubaneswar: Odisha Government on Tuesday approved eight new industrial projects worth Rs 1,242 crore, which will generate employment for 3,135 people. The projects were approved at the State Level Single Window Clearance Authority (SLSWCA) meeting held under the chairmanship of Chief Secretary Suresh Chandra Mohapatra.
The projects which got in-principle approval were in the metal and metal downstream, IT and Electronics System Design and Manufacturing (ESDM), manufacturing, logistics and tourism sectors. These industrial projects are expected to render 3,135 employment opportunities in the State, the official said.
The SLSWCA accorded approval to a 30,000 MTPA atomised iron powder plant proposed by SLM Powders Private Limited at an investment of Rs 67.83 crore to be set up at IDCO-Kalinga Industrial Estate in Sundargarh district. This project will generate employment opportunities for over 430 persons.
Oricon Enterprises Limited’s proposal for a manufacturing unit of PET preforms and closures (Unit-II) of 24,000 tonne/annum capacity for the food and beverage industries to be set up at Khurda also received the approval. The company will invest Rs 120 crore in the project which will generate potential employment opportunities for over 110 people.
The Government gave its nod to a manufacturing unit for production of solar panel, advanced storage batteries like Li-ion battery, electronics products for energy management, electromechanical components and USB data cable and HDMI cable. The project of Surya International, which will come up at EMC Park in Khurda district at an investment of Rs 67.50 crore, will generate employment for over 680 people.
A Rs 140 crore logistics park, proposed by Jagannath Industrial and Logistics Parks Private Limited at Tangi Choudwar in Cuttack, also got the approval and it is expected to generate employment opportunities for over 110 people. A proposal for setting up an integrated heavy beach sands project by IREL IDCOL Ltd at Krushnaprasad in Puri with an investment of Rs 460 crore received the approval. Over 800 people are expected to get jobs in the project.
A 5-Star hotel-cum-luxury resort, proposed by Pravat Hospitality Private Limited in Puri, got the SLSWCA’s nod. The company will invest Rs 135.69 crore for the project which will provide employment to 310 people.
Swosti Premium Limited proposed another 5-star luxury resort in Puri with an investment of Rs 134 crore, which will generate employment opportunities for over 310 people. This project also got approval. The SLSWCA accorded approval to the proposal for setting up a 4-star Hotel by Hotel Eden Roc in Bhubaneswar. The company will invest Rs 117 crore for the project in which about 345 people will get employment.
“The State has attracted investments worth of Rs 1,20,456.74 crore in the last one year across the six focused sectors,” Industries Secretary Hemant Sharma said.