On Monday, Officials said that the Odisha Government carrying forward its industrialisation drive accorded in-principle approval to eight projects and envisaged investment of around Rs 1,872.11 crore and employment opportunities for 3,461 people.
At a meeting held under the Chairmanship of Chief Secretary SC Mahapatra at the State Level Single Window Clearance Authority (SLSWCA), approval was given.
The proposals are mainly from sectors such as agriculture, animal husbandry, petroleum products, food processing, steel, and downstream manufacturing, said Hemant Sharma, Principal Secretary of Industry.
Hemant Sharma further added that the proposals are from credible investors, and their coming in would catalyse the growth of the sector.
Industrial Promotion & Investment Corporation of Odisha Limited (IPICOL) was asked by the chief secretary after approving the projects for reviewing the construction and commissioning of the earlier approved projects.
The departments concerned to facilitate the early grounding of the newly approved projects were also directed by the chief secretary through proactive support.
A realistic assessment of the water and land requirements for different industries is to be made by IPOCOL as directed by P K Jena, Development Commissioner.
Steel and Petroleum products approved projects involved the establishment of 0.108 MTPA Ferro Alloys Plant with 50 MW CPP and at an investment of Rs 328.75 crore, the railway siding by Shyam Metalics and Energy Ltd at Kalinganagar. It is estimated that this project would provide employment to around 330 people.
In the Bargarh district, the approved projects in the food processing sector at an investment of Rs 250 crore comprised a 200 KLPD ethanol plant by Greentech bio-energy. Estimation is that this project would generate employment opportunities for over 200 persons.
In the Kalahandi district, at an investment of Rs 219 crore, a 90 KLPD grain-based ethanol plant and co-generation unit by Indian Potash Ltd will be set up. This project would provide employment opportunities for over 238 people.
In the agriculture and fishing sector, the proposal got the government’s nod, and at an investment of Rs 66.33 crore by Abis Exports Ltd in Mayurbhanj district, a mechanised hatchery will be established. Around 1650 people would be employed under this project.