10 Industrial Projects worth Rs 1923.6 Crore approved

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Chief Secretary Sri Suresh Chandra Mahapatra -file

By Our Correspondent

BHUBANESWAR: 10 industrial projects worth Rs 1923.60 crores that would generate employment opportunities for over 5,170 people in the state on Friday approved  by State Level Single Window Clearance Authority which held its 113th meeting under the chairpersonship of the Chief Secretary, Suresh Chandra Mahapatra.  The approved projects will be set up across Odisha with 4 of the projects being set up in Khordha, and 1 each in Puri, Jagatsinghpur, Kendrapada, Balasore, Keonjhar and Angul.

The SLSWCA approved the proposal of M/s Luminous Power Technologies Private proposed investment of Rs 481 Crores generating employment for over 1,150 people in the state. The committee gave a nod to the proposal of M/s Silox India Private Limited’s Rs 500 crore project and is expected to generate employment opportunities for over 800 people in the state. The committee also approved the investment of Rs 265 crore of M/s Happiest Minds Technologies Limited ,  is expected to create over 1500 highly skilled job opportunities in the state.

In the Hospitality sector, the committee approved M/s MGM Resorts Pvt. Ltd.’s 5-star Hotel Hyatt Regency with an investment of Rs 180 Crores. The project will be coming up in the New Marine Drive Road, Puri. The committee also approved M/s Oil India Limited’s Oil and Gas exploration units with an installed capacity of 10KLPD each in Astaranga, Puri and Patkura, Kendrapada. OIL will be investing over Rs 108 crores in the state creating employment opportunities for over 115 people in these two locations.

In the agro and food processing sector, the Rs 150 crore worth aqua feed manufacturing facility with an annual capacity of 1,80,000 MT proposed by M/s IFB Agro Industries Limited was also approved by the committee. The project will be set up in the Somanathpur Industrial Estate, Balasore with an estimated employment potential of over 270.Others included M/s Offshore Infrastructures Limited, M/s Mehan Industries Pvt. Ltd., M/s SGP Trading India Pvt Ltd and M/s Sri JaybalajeeAgro products Pvt Ltd.

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