12 key industrial projects worth Rs 84,918 crore get Odisha govt nod
The projects would create employment opportunities for 42,281 people in the state.
Bhubaneswar: The 33rd High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister Naveen Patnaik today approved 12 key industrial projects with a cumulative investment of Rs 84,918.75 crore.
These projects would create employment opportunities for 42,281 people in Odisha.
These large investments will be made in the Apparel & Textiles, Green Hydrogen and Green Ammonia, Steel, Power & Renewable Energy, Chemical & Petro chemical downstream sectors further contributing to Odisha’s manufacturing capabilities.
These projects will be strategically located across the state including Cuttack, Dhenkanal, Ganjam, Jajpur, Jharsuguda, Kendrapara, Malkangiri, Rayagada, Sambalpur and Sundargarh districts.
In Apparel & Textiles sector, Welspun Living Limited received the green light to establish an integrated Textile and Logistics Facility at Choudwar in Cuttack with an investment of Rs 3,050 crore and an employment potential of 20,210 people.
Besides, Welspun Corp Limited is set to invest Rs 3,137 crore on Steel downstream sector by setting up of 1,00,000 MT ERW Pipes, 3,00,000 MT DI Pipes, 1,00,000 MT HSAW Pipes and 10,00,000 Square Meter Pipe Coating Plant in Sambalpur district. The project is likely to generate employment for 3,830 people.
The government had earlier approved the project of Sintex BAPL, Welspun’s wholly owned subsidiary, for setting up a manufacturing unit for CPVC, UPVC,PVC fittings and plastic tanks in Sambalpur.
State government’s focus to promote the Green Hydrogen and Green Ammonia sector received a boost as the Welspun New Energy Limited is all set to set up a 0.70 MMTPA Green Ammonia manufacturing unit in Kendrapara with an investment of Rs 13,860 crore. The project will create employment for 1,000 people.
The government also gave its nod to Sembcorp Green Hydrogen India Private Limited to establish a 0.72 MMTPA Green Ammonia manufacturing unit at Gopalpur in Ganjam with an investment of Rs 13,000 crore, generating employment for 1,250 individuals.
Similarly, ReNew E-Fuels Private Limited (REFPL) has received the approval for investing Rs 10,005 crore to establish a Green Hydrogen (100 KTPA) & Green Methanol (500 KTPA) manufacturing unit in Malkangiri. The company also got the required clearance for investing Rs 9,000 crore to establish a Green Hydrogen (60 KTPA) & Green Methanol (300 KTPA) manufacturing unit in Rayagada, generating employment for 2,800 people.
In the Steel sector, Tata Steel’s proposal to establish a HR & CR coil plant with 6.50 MTPA capacity in Dhenkanal received HLCA’s approval. This mega project worth Rs 10,351.11 crore is expected to create employment opportunities for 3,725 people.
Moreover, Orissa Metallurgical Industry Private Limited received approval for investing Rs 5,200 crore for the establishment of 2 MTPA integrated steel plant, 240 MW captive power plant and 1 MTPA cement grinding unit, generating employment for 6,000 Individuals in Jharsuguda.
In the Steel (Downstream) sector, BMW Industries limited secured HLCA approval for investment of Rs 1,094.82 crore for the establishment of its production plant with ERW Pipe – 1000000MT, HR Pickled Oiled Coil – 500000 MT, TMT Bars – 500000 MT and Slitting & Cut to Length – 500000 MT at Kalinganagar in Jajpur, generating employment for 1,950 people.
In the Power & Renewable Energy sector, NTPC Limited secured an approval to establish an 800 MW super thermal power plant in Sundargarh with an investment of Rs 9,208.36 crore, which is projected to provide employment to 1,366 people.
In this sector HLCA approved another investment of Rs 6,012.46 crore from Ind Barath Energy Utkal Limited to establish 1X800 MW ultra super critical coal fired thermal power project. It is set to generate employment for 450 people in Jharsuguda.
The Chemical & Petro chemical downstream sector witnessed a significant boost with the approval of Aegis Vopak’s project to establish a Greenfield Tank Storage Facility for liquid Ammonia of 80,000 TPA capacity production unit at Gopalpur in Ganjam with an investment of Rs 1,000 crore. The project will generate employment for 100 individuals.