The Odisha government has approved nine industrial projects worth Rs 1,53,074.63 crore that would generate over 27,030 jobs for the people of Odisha.
The proposals that were approved include ArcelorMittal Nippon Steel India’s plan to set up a steel plant.
These proposals were approved at the high-level clearance authority chaired by chief minister Naveen Patnaik.
ArcelorMittal Nippon Steel India plans to set up a 7 MTPA (million tonnes per annum) steel plant in Jagatsinghpur at an investment of Rs 38,000 crore.
It is expected to provide employment opportunities for more than 11,000 people in the state.
Similarly, Rungta Metals’ proposal to expand its integrated steel plant from 0.5 MTPA to 1 MTPA in Rairangpur of Mayurbhanj district at an investment of Rs 1,140 crore has been cleared.
“Projects spread across diverse sectors such as green energy and equipment, metals and minerals, paper and IT infrastructure received approvals.
The approved projects will be set up across various parts of the state namely Balasore, Dhenkanal, Ganjam, Jagatsinghpur, Kalahandi, Khordha, Koraput, and Mayurbhanj,” said a press release issued by the chief minister’s office.
