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regular-article-logo Saturday, 11 May 2024

Odisha clears investments worth Rs 2,253 crore

Green light to companies from various sectors such as aluminium downstream, steel, food processing, infrastructure, oil and gas, information technology, electronic system designing, and manufacturing

Our Correspondent Bhubaneswar Published 05.08.22, 12:37 AM
Odisha chief secretary Suresh Chandra Mahapatra directed all the concerned departments to provide “proactive facilitation to the approved units for their early grounding”.

Odisha chief secretary Suresh Chandra Mahapatra directed all the concerned departments to provide “proactive facilitation to the approved units for their early grounding”. Representational picture

The State Level Single Window Clearance Authority (SLSWCA) of Odisha on Thursday cleared 11 investment proposals worth Rs 2,253.15 crore.

The proposals approved by the SLSWCA were from various sectors such as aluminium downstream, steel, food processing, infrastructure, oil and gas, information technology, electronic system designing, and manufacturing. The projects envisaged direct employment opportunities for 3,817 persons.

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Odisha chief secretary Suresh Chandra Mahapatra directed all the concerned departments to provide “proactive facilitation to the approved units for their early grounding”.

Principal secretary Hemant Kumar Sharma said: “As most of the proposals are from downstream and manufacturing, the units will boost economic activities in their respective areas through the generation of many indirect employment opportunities”.

The projects that have received the nod of the SLSWCA included Adani Enterprises Limited’s Datacenter facility offering cloud hosting services. It will come up at Khordha at an investment of Rs 500 crore.

Bharat Gas Resources Limited will set up a natural gas regulating system and decompressing unit at an investment of Rs 50 crore in the

Jajpur and Keonjhar districts.

Similarly, Envirocare Infrasolution Pvt Ltd will invest Rs 520 crore to set up DRI (direct reduced iron) and pellet with beneficiation plant and ferro alloy plant in Sundergarh district, Fedders Electric and Engineering Limited will set up Iron Ore Beneficiation plant at an investment of Rs 533.25 crore in Sundergarh, Arya Iron and Steel Company Pvt Ltd will set up billet or colour-coated TMT and filter cake handling system at an investment of Rs 175.75 crore in Keonjhar.

CMR Eco Aluminium Pvt Ltd’s Rs 101 crore Liquid Aluminium Alloys Plant at Sambalpur has also received approval. The other companies which have received approvals are Amrit Dhara Nutrifoods LLP’s Rs 59.48 crore Dairy products processing unit at Cuttack, Puspham Technologies Pvt Ltd’s Rs 50 crore Software development and digital platform for trading of commodities plant at Khordha, Raj Rajeshwar Lalitha Tripursundari Pvt. Ltd’s Rs 150 crore Manufacturing High-grade Titanium slag and by-product Pig Iron plant at Ganjam, Jatak Jeevan Petrochemicals Pvt Ltd’s Rs 61.30 crore Grain-based Ethanol plant in Dhenkanal and Smart Design Projects Private Limited’s Rs 52.37 crore Warehousing cum Logistic Park at Khordha.

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