10 industrial projects worth Rs 74,620 crore approved in Odisha
Odisha Chief Minister Naveen Patnaik has cleared 10 projects worth Rs 74,620 crore. There are more than 24,000 jobs expected to be generated by these projects in the state. Among the 10 industrial projects approved by the Odisha government are green hydrogen and green ammonia, metal and metal downstream and infrastructure projects.
Tata Group, Adani Group and Arcelormittal Nippon Steel were among the big ticket investors.
The proposal to set up green hydrogen 20 KTPA and green ammonia 100 KTPA plants in Paradip with an investment of 2,000 crore was approved by the committee. There are 2,000 jobs expected to be generated by these plants. These plants, along with meeting the demand of the steel and fertiliser sectors of the state, will have a positive impact on the environment.
Tata Steel has been approved for the setting up of 60,000 MT industrial structure and 6,000 MT steel plant equipment facilities for an investment of 1,000 crore. The committee approved Adani Enterprises' proposal to set up a 4.0 MTPA alumina refinery and 175 MW CPP plant in Kashipur with an investment of Rs 41,653 crore, which will generate employment opportunities for over 7,750 people.
A 2.5 MTPA steel plant and 370 MW CPP plant in Kalinga will be set up by Orissa Alloy Steel Pvt Ltd with an investment of Rs 8,000 crore that will create employment opportunities for 5,000 people.
The proposal of ArcelorMittal Nippon Steel India to set up a 6 MTPA beneficiation plant in Dalki and a 12 MTPA slurry pipeline from the proposed plant to Dabuna slurry pumping station unit in Dalki was approved by the committee for an investment of 1,490 crore, generating employment opportunities for 600 persons.
A 24 MTPA pellet plant and 6 MTPA of filter cake by Sompuri Infrastructures Pvt Ltd, expansion of steel plant by Aarti Steels are some of the other projects approved by the government.
The government of Odisha is focused on employment-intensive sectors such as metal and metal downstream.