Boost to Industrialization as Odisha Govt Approves 10 Major Projects worth Rs 74,620.18 Cr , to Generate Job Opportunities for over 24k People

Bhubaneswar: In a major boost to industrialization in Odisha, the State Government has approved ten major projects in the areas of green hydrogen and green ammonia, metal and metal downstream, and infrastructure.

The 29th rneeting of the High-Level Clearance Authority (HLCA) held today under the chairmanship of Chief Minister Naveen Patnaik approved 10 industrial projects worth Rs 74,620.18 crores that would generate employment opportunities for over 24,047 people in the State.

The committee approved the proposal of ReNew EFuels Private Limited (REFPL) to set up Green Hydrogen (Capacity: 20 KTPA) and Green Ammonia Plant (Capacity: 100 KTPA) in Paradip, Jagatsinghpur district, against investment of Rs 2000 crore which will generate employment opportunities for 2000 persons.

The establishment of these plants will have a pragmatic environmental impact since they will create ammonia and hydrogen using renewable resources, which will cater to the demand of steel and fertilizer sector in Odisha, said an official statement.

The committee gave approval for setting up of 60,000 MT Industrial Structure and 6,000 MT Steel plant equipment facilities to Tata Steel Limited (Growth Shop) against an investment of Rs 1000 crore with employment opportunities for over 2451 people. This would give a significant boost to the Government of Odisha’s “Vision 2030: Development of Downstream Units in Metal Sector,” which offers short, medium, and long-term interventions to accelerate the business ecosystem for metal sector downstream units.

The HLCA gave a nod to Adani Enterprises Limited to set up a 4.0 MTPA Alumina Refinery and 175 MW CPP Plant in Kashipur, Rayagada district, against an investment of Rs 41653 crore, which will generate employment opportunities for over 7750 people.

In addition, the panel gave nod to set up 2.5 MTPA steel plant and 370 MW CPP in Kalinga Nagar, Jajpur district, by Orissa Alloy Steel Pvt Ltd against an investment of Rs 8000 crore creating employment opportunities for 5000 people.

Sompuri Infrastructures Private Limited got the approval to set up a 24 MTPA Pellet plant and 6 MTPA of Filter Cake at Dhamra, in Bhadrak district, at an investment of Rs 7811crore, which will generate employment opportunities for over 684 people, a 30 MTPA Beneficiation plant at Deojhar, in Keonjhar district and a 30 MTPA Slurry Pipeline connecting its proposed 30 MTPA Beneficiation plant at Deojhar, in Keonjhar district to the proposed Pellet plant at Dhamra, in Bhadrak district against investments of Rs 4592.18 crore and Rs 3674 crore which will create employment opportunities for 250 and 600 persons respectively.