The Odisha government has approved seven investment proposals worth Rs 3,205.67 crore in metal and metal downstream, infrastructure, tourism and cement sectors to bring the economy back on the track.
The move is likely to generate employment opportunities for 2,494 people.
The proposals were approved at the state level single window clearance authority (SLSWCA) meeting chaired by chief secretary Asit Kumar Tripathy on Wednesday.
Principal secretary, industries, Hemant Sharma said the seven projects, included the proposal of M/s MGM Minerals Limited for expansion of its project by setting up 0.125 MTPA (Million Tonne Per Annum) Sponge Iron Plant, 0.6 MTPA Pellet Plant, 0.25 MTPA MS Billets, 0.25 MTPA TMT & Wire Rods and 40 MW Captive Power Plant at Nimdha in Dhenkanal with an investment of Rs 801.89 crore.
“All these industries would provide employment to about 1,215 people. We continue to extend support for the state and country’s economic growth and perform its duties to steadfast growth trajectory of Odisha,” Sharma said.
Another proposal was of M/s GM Iron & Steel Company Limited for expansion of its project by setting up 0.8 MTPA Pellet Plant, 0.2379 MTPA Direct Reduced Iron (DRI) plant, 0.195 MTPA Billet, 0.24 MTPA Wire Rod Mill, 0.416 MTPA Slag Cement and 46 MW Captive Power Plant in Dhenkanal, with an investment of Rs 607.52 crore of capacity and providing employment opportunities for 592 people.
“M/s. Envirocare Infrasolution Pvt. Ltd’s proposal for setting up Iron Ore Beneficiation plant of 3.6 MTPA capacity at Koira in Sundergarh, with a total investment of Rs 60 crores, also got the nod of the committee. It would provide employment opportunity to around additional 175 people,” said a press release issued by the state government.
Proposal of M/s Hindalco Industries Limited for setting up Flue Gas Desulphurization Plant (FGD) for its existing CPP (6x150 MW) at Lapanga, Sambalpur, with an investment of Rs 696 crore providing an additional employment opportunities for 50 people was also approved.
Likewise, the proposal of M/s Lifeline Multi-ventures Pvt. Ltd. to set up a five-star Hotel in Bhubaneswar with a total investment of Rs 150.38 crore, was also approved by the state government. It would provide employment opportunities to 240 people.
SLSWCA also approved the proposal of M/s JSW Cement Ltd. (JSW) for expansion of cement grinding capacity from 1.2 MTPA to 2.4 MTPA at Kalinga Nagar, Duburi, Jajpur, with an investment of Rs 489.88 crore and providing employment opportunities for 68 people. M/s Jajpur Cements Pvt. Ltd’s proposal for expansion of cement grinding capacity from 0.5 MTPA to 1.5 MTPA at Kalinga Nagar, Jajpur, with an investment Rs 400 crore has received the approval of the state and will provide employment opportunities to 154 people.
Covid test mandatory
The Odisha government has made coronavirus test mandatory for any person to be produced before a magistrate for remand as over 500 inmates and 30 officials of different jails in the state have been detected as Covid-19 positive, reports PTI.
The home department has issued an 8-point SOP to be implemented by different arresting agencies like police, excise, forest and vigilance departments.
