SLSWCA Clears Mahesh Agarwal led Sree Metaliks Ltd’s Rs 650 Crore Investment Proposal

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By Our Correspondent

BHUBANESWAR:  The Odisha State Level Single Window Clearance Authority (SLSWCA) committee under the Chairmanship of Chief Secretary Suresh Chandra Mahapatra has approved eminent Industrialist Mahesh Agarwal led Sree Metaliks Ltd’s proposed investments worth Rs 650 Crore in Odisha’s mineral rich Keonjhar.

Hemant Kumar Sharma, Principal Secretary Industries has said that the SLSWCA has accorded in principle approval to the project , for which Shree Metaliks Ltd to set up Iron ore beneficiation and Pellet making Plant in Keonjhar district with  investment of 650 Crore, and  employment opportunity for over 750 persons.

State Level Single Window Clearance Authority (SLSWCA) has accorded in principle approval to 12 investment projects including Sree Metaliks Limited’s Rs 650 Crore  envisaging investment of around Rs.2071 Crore, and employment opportunity for more than 3535 persons.

Development Commissioner Pardeep Kumar Jena, Additional Chief Secretary Forest and Environment, Mona Sharma, Additional Chief  Secretary Revenue and Disaster Management, Satyabrata Sahu,  ACS Water Resources Anu Garg, Principal Secretary Energy, Nikunja Bihari Dhal, Principal Secretary Steel and Mines Sri Deo Ranjan Kumar Singh, Principal Secretary Panchayati Raj and Drinking Water, Ashok Kumar Meena, MD IPICOL, Bhupinder Singh  Poonia along with other senior officers of the concerned departments participated in the discussions.

Sree Metaliks Limited (SML) was incorporated in the year 1995. Over the years, SML set up its manufacturing units in Loidapada and Anra, close to its Iron Ore Mines at Khanbandh, all situated in Keonjhar district, Odisha. SML is one of the best illustrations of comprehensive integration of diverse products with synergetic forward and backward linkage that caters to its end-to-end gamut of manufacturing finished steel products. With tight integration and consolidation, SML is sweeping emergence in the ferrous industry to attain an all-round growth.

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