Odisha Govt Gives Nod to Eight Investment Proposals Worth Rs 1609.49 Crore

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Bhubaneswar: The Odisha Government on Thursday gave approval to eight more investment proposals worth Rs 1,609.49 crore creating employment opportunities for 1,450 people in the State.

The proposals were approved during the 89th State Level Single Window Clearance Authority (SLSWCA) meeting held under the Chairmanship of Chief Secretary Asit Kumar Tripathy in Lok Seva Bhawan conference hall.

At the meeting, Hemant Sharma, Commissioner-cum-Secretary, Industries outlined the project proposals for consideration.
The projects were approved in food processing, chemicals, plastics, tourism, steel downstream and Infrastructure.

The SLSWCA approved the proposal of Tata Global Beverages Ltd, to set up the tea blending and packaging facility with annual capacity of 36,000 metric ton, with a total investment of Rs 83.53 crore providing employment to about 294 people.

Similarly, proposal of Runaya Metsource LLP for Coal Tar Pitch (CTP) distillation unit of total 0.2 MMTPA capacity, with additional investment of Rs 211crore and employing around additional 212 people, has been approved.

The proposal of Astral Polytechnik Ltd (Unit 2) for setting up HDPE and Thermoplastic pipes manufacturing unit of capacity 5,000 MT for additional investment of Rs 60.06 crore has also been approved by the SLSWCA.

The project will provide an additional employment to around 150 people.

In the tourism sector, project by Apeejay Surrendra Park Hotels Ltd for expansion of its 5 star hotel with an investment of Rs 150 crore, has been approved which will provide employment for 150 people and another proposal by Kamat Hotels (India) Ltd for expansion of its 5 star hotel, with an investment of Rs 51 crore has also been approved and it will provide an additional employment to around 160 people.

In a big boost to the State’s metal downstream sector, proposal of Thriveni Earthmovers Pvt Ltd has been approved for setting up 30 MTPA underground slurry pipe line, with a total investment of Rs 948.90 crore, which will create employment opportunities for 217 people.

The SLSWCA has also approved the proposal of CDET Explosives industries Pvt Ltd for setting up a manufacturing facility for cartridge explosives, bulk emulsion explosives, detonating fuse and caste boosters of capacity 45,300 MT per annum, with an investment of Rs 55 crore and it will provide an additional employment opportunities for 177 people.
Another proposal of Apeejay Logistics Park Ltd has been approved to set up an expansion of existing Logistics Park at Kalinga Nagar, with an investment of Rs 50 crore, which will create employment opportunities for 90 people.

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