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Bijay Patnaik |
Bhubaneswar, May 4: The state government today cleared nine industrial projects worth Rs 1.36 lakh crore. The proposals include setting up two units to produce petroleum lubricants from coal and two steel units. The other units to be set up are power, textile, paper, alumina and an industrial park.
The proposals were cleared at a high-level clearance committee chaired by chief minister Naveen Patnaik. After the meeting, chief secretary Bijay Patnaik and industry secretary T. Ramachandru told newspersons that Jindal Syn Fuel Limited, a subsidiary of Jindal Steel and Power’s Limited (JSPL), would set up a coal-based liquid petroleum plant at Durgapur in Angul district with an investment of Rs 42,000 crore. The project would come up on 4,000 acres.
Besides, the company would also set up an 1100 MW captive power plant. The plant would procure 90 cusecs of water from the Mahanadi. The company would produce 80,000 barrel of diesel per day.
Tatas and South Africa-based Sasol have formed a joint venture company (Strategic Energy and Technology System), which would set up a plant to produce petroleum lubricants from coal and 1100MW captive power plant with an investment of Rs 45,000 crore. “The plant will come up in Dhenkanal district on 4,000 acres of land. The plant will draw 90 cusecs of water from the Mahanadi river,” said Ramachandru.
Adhunik Metaliks Limited would enhance its steel production capacity from .41 MT to 3.2 MT at its existing plant in Kuanramunda near Rourkela with an investment of Rs 8,125 crore. OCL Iron and Steel Limited would also increase its production capacity from .25 million tonnes to .95 million tonnes per annum at Rajagangpur and Kutunia with an investment of Rs 283 crore.
Lanco Babandha Power Limited has been permitted to increase its power production capacity from 1320 MW to 2640 MW with an investment of Rs 5,000 crore at its Khadgaprasad and Khuntia in Dhenkanal district. The plant will draw water from the Brahamani river. Andhra Pradesh-based company NSL Textile Limited will set up an integrated textile plant at Rayagada with an investment of Rs 1,500 crore. The mill will have a capacity of three lakh spindles.
“With the help of farmers, the company will take up cotton farming on 2.5 lakh hectares. The plant will draw water from Nagabali river,” Ramachandu said.
JK Paper Mill Limited will expand its existing operation with an additional investment of Rs 1,475 crore. Aditya Alumina Limited will set up an aluminium park for the development of downstream industries in Sambalpur. The proposal of L&T and Dubai-based Alumina Company (Dubal) to set up 1.3 million tonne refinery and 1.5 million tonne smelter plant at Rayagada with an investment of Rs 30,000 crore has been cleared by the state government.
Besides approving the new proposals, the state government has decided in principle not to approve any new proposals of setting up exclusive sponge iron units.