By Our Correspondent
BHUBANESWAR: The 32nd High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister, Naveen Patnaik, approved 9 key industrial projects with a cumulative investment of INR 1,01,804.43 Crores. These projects will generate 28,565 people across various sectors.
These projects will be strategically located across the state, including Jagatsinghpur, Jajpur, Jharsuguda, Khordha, Paradeep, Bhadrak, Ganjam, and Koraput districts.
The HLCA approved the expansion proposal of JSW Utkal Steel Limited to enhance its planned Integrated Steel Plant capacity from 12 MTPA to 24 MTPA. With an investment of INR 75,000 Crores, this initiative is expected to generate employment for 12,000 individuals.
Jindal Ferrous Limited received the green light for its project to establish a 2.35 MTPA Carbon steel plant in Kalinga Nagar, Jajpur, with an investment of INR 3,449 Crores and an employment potential of 1,396 people. MSP Metallics Limited is set to expand its unit by setting up a 1.39 MTPA steel plant, 251 MW CPP, and Railway Siding in Marakuta, Jharsuguda, with an investment of INR 1,500 Crores, generating employment for 4,000 individuals.
Avaada Electro Private Limited’s project to establish a manufacturing facility for ingots, wafers, solar cells, and modules in Haldiapada, Khordha received HLCA’s approval. This transformative project, valued at INR 11,300 Crores, is expected to create employment opportunities for 4,000 individuals.
L&T Energy Green Tech Limited secured HLCA’s approval for its Green Ammonia Plant with an annual capacity of 320,000 MT in Paradeep, Jagatsinghpur, with an investment of INR 1,030 Crores, generating employment for 1,310 people.
Berger Paints India Limited’s to establish a manufacturing unit for Intermediates, Paints and allied products with an annual capacity of 4,10,000 KL/MT in Khordha. This project, with an investment of INR 1,458.25 Crores, is projected to provide employment to 350 individuals.
Indian Oil Corporation Limited’s project to establish a Polyester products manufacturing unit in Textile park, Bhandaripokhari, Bhadrak, with an investment of INR 4,377.46 Crores and an employment potential of 4,300 individuals got nod.
Petronet LNG Limited’s LNG Terminal with a capacity of 40,00,000 MT in Gopalpur, Ganjam, received HLCA’s endorsement. With an investment of INR 2,306 Crores, this project is expected to create employment opportunities for 660 individuals.
Toshali Cement Pvt. Ltd’s expansion proposal is to increase the clinker capacity to 1.75 MTPA and Cement grinding capacity to 1.40 MTPA in Ampavalli, Koraput. With an investment of INR 1,383.72 Crores, this initiative is projected to provide employment to 549 individuals got approval.
