Odisha Approves 8 New Industrial Projects Worth Rs 1242 Crore

Bhubaneswar: The State Level Single Window Clearance Authority of Odisha government, headed by the Chief Secretary Suresh Chandra Mohapatra on Tuesday, approved eight investment proposals to the tune of Rs 1242.02 crore.

As per official sources, the eight new industrial projects are in the Metal & Metal Downstream, IT & ESDM, Manufacturing, Logistics and Tourism sectors.

These industrial projects are expected to create around 3135 employment opportunities in the State.

Here’s details of the eight projects for which in-principle approval was accorded by SLSWCA today:

- A 30,000 MTPA Atomized Iron Powder plant by M/s SLM Powders Private Limited against an investment of Rs 67.83 crore to be set up in IDCO - Kalunga Industrial Estate, Sundergarh. The project will generate potential employment opportunities for over 430 persons.

-A manufacturing unit of PET Preforms and Closures (Unit-II) of 24,000 tonnes /annum capacity for the Food & Beverage Industries to be set up by M/s Oricon Enterprises Ltd in Khordha with an investment of Rs 120 crore, which will generate potential employment opportunities for over 110 persons.

-A Manufacturing unit for production of Solar Panel, Advanced storage batteries like Li-ion Battery, Electronics Products for Energy Management, Electromechanical Components and USB data cable and HDMI cable by M/s Surya International at EMC Park (Info Valley), Dist- Khordha with an investment of Rs 67.50 crore, which will generate potential employment opportunities for over 680 persons.

-A Logistics Park by M/s Jagannath Industrial and Logistics Parks Private Limited at Tangi Choudwar in Cuttack with an investment of Rs 140 crore, which will generate potential employment opportunities for over 110 persons.

-Integrated Heavy Beach Sands Project by IREL IDCOL Ltd. at Krushnaprasad in Puri with an investment of Rs 460 crore, which will generate potential employment opportunities for over 800 persons.

-A 5-star Hotel-cum-Luxury Resort by M/s Pravat Hospitality Private Limited in Puri with an investment of Rs 135.69 crore, which will generate potential employment opportunities for over 350 persons.

-A 5-star Luxury Resort by M/s. Swosti Premium Ltd in Puri with an investment of Rs 134 crore, which will generate potential employment opportunities for over 310 persons.

-A 4-star Hotel by Hotel Eden Roc in Bhubaneswar with an investment of Rs 117 crore, which will generate potential employment opportunities for over 345 persons.