Naveen To Chair HLCA Meeting Today; Projects Worth Two Lakh Crore May get Nod
Bhubaneswar: In a big push to industrialisation in the State, Chief Minister Naveen Patnaik will chair the meeting of the High Level Clearance Authority today to discuss some of the biggest investment proposals in the state.
Bhubaneswar: In a big push to industrialisation in the State, Chief Minister Naveen Patnaik will chair the meeting of the High Level Clearance Authority today to discuss some of the biggest investment proposals in the state.
It is expected that the state government will give its go ahead to the Rs 78 thousand crore investment proposal of Haldia Petrochemicals Limited. Also, the 20th meeting of the HLCA may discuss and give nod to the One lakh crore investment proposal of Indian Oil Corporation.
The meeting is going to be held in the newly inaugurated Kharavel Bhavan.
Haldia Petrochemicals Limited will set up a hydrocarbon processing complex with integrated refinery and production units for paraxylene and purified terephthalic acid (PTA) in the first phase. The proposed Rs 78,225 crore investments have received single window clearance and are expected to be discussed today.
HPL will set up the Greenfield project in Balasore district and for which the state government has identified 2391.82 acres of land near Subernarekha port. HPL was the star investor in the Make in Odisha Conclave organized in 2018 announcing the largest investment for the state.
The HLCA meeting is also likely to give nod to the various petrochemical projects of IOCL in the state including a state of the art naptha cracker plant.
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