11 Nov 2024
On Friday, the Odisha government sanctioned 15 new industrial projects with a combined investment of Rs 3,353 crore, which are projected to create 4,637 job opportunities. The approvals were granted during a meeting of the State Level Single Window Clearance Authority (SLSWCA), chaired by Chief Secretary Manoj Ahuja.
These projects span multiple sectors, including chemical/renewable energy, steel, aluminium, food processing, manufacturing, textiles and apparel, tourism, pharmaceuticals, and cement. They will be carried out across various districts, like Koraput, Khurda, Baragarh, Puri, Cuttack, and Jharsuguda.
Officials stated that Reliance Bio Energy Ltd. will establish a compressed biogas and organic manure plant in Puri within the chemical/renewable energy sector, with an investment of Rs 121.21 crore. The project is anticipated to create 69 job opportunities.
Beekay Steel Industries Ltd. is set to invest Rs 750 crore in Cuttack to enhance its operations in the steel sector in Cuttack, which will include the addition of sponge iron, billets, ferro alloys, sinter plants, and a captive power plant. This expansion is expected to generate 800 new jobs, he said.
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