Bhubaneswar: In a bid to accelerate the economy, the Odisha Government today approved four investment proposals worth Rs 2,172.92 crore, which will likely to generate employment for 1,122 people.
Projects in metal and metal downstream sector, have been god the nod at the the State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Asit Kumar Tripathy.
Rungta Mines Limited proposed to set up 34 MTPA beneficiation plant in two phases with an investment of Rs 975 crore, creating employment to about 290 people.
It also proposed to set up 20 MTPA underground slurry pipe line with an investment of Rs 951 crore, which would provide employment opportunities for 72 people.
Shyam Metalics and Energy Limited would expand its Pellet Plant from 0.3 MTPA to 1.2 MTPA capacity with a total investment of Rs 76.92 crore.
It would create additional employment for 610 people.