Odisha Chief Minister clears project worth over 1 lakh crore
The Chief Minister of Odisha Naveen Patnaik approved 9 projects with an investment proposal of over `1 lakh crore. As per the update projects worth Rs 1,01,804 crore were approved at the meeting of the high-level clearance authority (HLCA) presided over by the Chief Minister.
The projects approved are:
- Proposal of JSW Utkal Steel Limited to double the capacity of its planned integrated steel plant at Jatadhar in Jagatsinghpur district from 12 million tonnes per annum (MTPA) to 24 MTPA. The project has an investment proposal of Rs 75,000 crore
- Jindal Ferrous Limited was given the go-ahead to establish a 2.35 MTPA capacity carbon steel plant at Kalinga Nagar in Jajpur district with an investment of Rs 3,449 crore
- Proposal of MSP Metallics Limited to expand its unit by setting up a 1.39 million tonne steel plant, 251 MW captive power plant and railway siding at Marakuta in Jharsuguda district with an investment of Rs 1,500 crore
- Avaada Electro Private Limited’s project to establish a manufacturing facility for ingots, wafers, solar cells, and modules in Haldiapada in Khurda district valued at Rs`11,300 crore
- L&T Energy Green Tech Limited's project for a green ammonia plant with an annual capacity of 3,20,000 tonnes at Paradip with an investment of `1,030 crore.
- Berger Paints India Limited’s project to set up a manufacturing unit for intermediates, paints and allied products with a capacity of 4.1 lakh KL/MT at Khurda with an investment of Rs 1,458.25 crore
- Indian Oil Corporation Limited’s project to establish a polyester products manufacturing unit in the textile park at Bhandaripokhari in Bhadrak district with an investment of Rs 4,377.46 crore
- Petronet LNG Limited’s LNG terminal with a capacity of 40 lakh tonne in Gopalpur of Ganjam
Also Read: Projects Worth Rs 3,600 Crore Inaugurated By Odisha Chief Minister