By Our Correspondent
NEW DELHI/BHUBANESWAR : Odisha Government led by Chief Minister Mohan Charan Majhi on Tuesday signed 13 MoUs with several companies to get investment worth Rs 1.03 crore and are expected to generate around 95,915 employment opportunities.
The event was addressed by Industries Minister Sampad Chandra Swain, Union Ministers Jual Oram (Tribal Affairs), Dharmendra Pradhan (Education), and Hardeep Singh Puri (Petroleum and Natural Gas), who lauded Odisha’s proactive approach to industrialization.
The program began with a welcome address by Chief Secretary Manoj Ahuja, followed by remarks from A S Sahney, Chairman, IOCL. A video on the chemicals sector ecosystem and a presentation by Additional Chief Secretary (ACS), Industries and MSME, Hemant Sharma, showcased Odisha’s industrial growth strategy.
Indian Oil Corporation Ltd (IOCL) is setting up a Dual-Feed Naphtha Cracker Project in the State, entailing an investment of Rs 98,880 crore , is expected to generate around 67,000 jobs.
The IOCL has signed the MoU for the establishment of a Dual-Feed Naphtha Cracker Project. This landmark agreement is expected to bring in investments of over Rs 58,042 crorer generating employment for 24,000 people, the officials said.
In addition to the MoU with IOCL, agreements were also signed with the Indian Strategic Petroleum Reserves Ltd (ISPRL) and Petronet LNG.
