Industrial projects worth Rs 854.17 crore get approval in Odisha

Bhubaneswar: The State Level Single Window Clearance Authority (SLSWCA) of Odisha government held its 116th meeting under the chairpersonship of Chief Secretary PK Jena here today.

The committee approved industrial projects from diverse sectors worth Rs 854.17 crore during the meeting. The projects would generate over 2,167 employment opportunities for the people of Odisha. Investment Intensions from four of these projects were received during the Make in Odisha Conclave 2022, sources said.

The state government is working hard towards converting the investment intents into ground reality. Projects spread across diverse sectors like metal downstream, IT & ESDM, infrastructure and food processing received approvals.

The approved projects will be set up across various parts of the state including Bolangir, Jagatsinghpur, Jajpur and Khurda districts.

The committee gave its approval to three projects in the infrastructure sector, one project in steel sector, one project in the IT & ESDM sector, and one project in the Food Processing sector.

The SLSWCA approved the proposal of Transtek Coal Minerals Private Limited, entailing an investment of Rs 380.25 crore. The firm proposes to set up a Multi Modal Logistics Park in Khurda District. It is expected to provide employment opportunities to about 360 people in the state.

The committee also approved the proposal of Nirmal Wires Private Limited at Jajpur district, which promises an investment of Rs 200 crore and is expected to provide employment opportunities to about 400 people in the state.

The SLSWCA approved two other projects in the infrastructure sector namely Aegis Logistics Limited and Bhubaneswar Logixpress Warehousing, which aim at providing employment to more than 350 people of Odisha.

While Aegis Logistics Limited intends to setup a Greenfield Tank Storage Facility for liquid and gas products of 50,000 TPA capacity, Bhubaneswar Logixpress Warehousing Llp proposal includes warehousing cum logistics park including assembling.

In the IT & ESDM sector, the committee gave its nod to a project by Secureyes Techno Services Private Limited. With an investment of Rs 75 crore, the company proposes to set up a Global Cyber Security Delivery Center, which will provide employment opportunities to over 1,000people of Odisha.

In the Food Processing sector, the authority approved one project that is expected to provide employment to more than 50 people of Odisha. The proposal of OVO Farm Private Ltd includes the setting up of a manufacturing unit for whole egg powder in Food Park at Sadeipali in Bolangir District with an investment of Rs 50.5 crore.

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