Odisha okays 5 industrial projects worth Rs 635 crore

Bhubaneswar: The Odisha government today approved five different industrial projects worth Rs 635 crore in petroleum, garment and cement sectors.

The investment proposals were approved at the State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary G C Pati.

The SLSWCA also recommended Nalco’s proposal of expanding capacity of the refinery at Damonjodi for the consideration of the High Level Clearance Authority (HLCA) headed by chief Minister.

Nalco has sought expansion of its alumina refinery capacity from 2.275 MTPA to 3.275 MTPA at Damnajodi in Koraput district with investment of Rs 4357 crore.

The projects which got nod of the SLSWCA that clears investment proposals below Rs 1000 crore, included Hindustan Petroleum Corporation Limited’s LPG Bottling Plant at Rayagada with investment of Rs 92 crore, JSW Cement Limited’s proposed 1.2 MTPA cement plant at Kalinganagar, Jajpur with investment of Rs 318 crore, Parle Agro Private Limited’s additional manufacturing unit at Khurda Food park with investment of Rs 2.10 crore.

The projects approved within seven days of the submission of proposal are: M/S Pantaloon Fashion & Retail Ltd, to set up garment manufacturing plant at Mancheswar in Khurda district with capacity of 28 lakh pieces per annum and M/S Indoroma Ventures Public Company Limited, a Singapore based company, to set up a manufacturing unit of PET perform for the food & beverage products, said Kalyan Mohanty, the General Manager, IPICOL (Industrial Promotion and Investment Corporation of Odisha Limited).

These two green category projects involve investment of Rs 148 crore with employment generation potential of 1740 persons. Fast tracking of the projects have been possible because of the green category projects notified recently by State Pollution Control Board, Mohanty said.

While approving the projects, Pati directed IPICOL to make a realistic assessment of land for these projects keeping in view optimum utilization of land. IPICOL has been applauded for streamlining green category projects proposal within 7 days.

The Chief Secretary has also directed the department to follow up grounding and commissioning of the projects already approved by SLSWCA earlier through state and district facilitation centres.

These facilitation centres have been set up in IPICOL recently to expedite the investment projects. The department has also been advised to upload on website the category-wise land included in Land Bank for industrial use.

Chief Secretary also reviewed the progress of the investment proposals approved from 2009-2011.

Of the total 111 projects approved by the SLSWCA during this period, so far 30 projects have gone to production, 33 projects have been fast tracked for completion.

The proponents of the remaining 45 projects have been advised to put their projects on fast track.