Bhubaneswar:24/11/23:Giving a major impetus to industrial development in Odisha, the High-Level Clearance Authority (HLCA) led by CM Naveen Patnaik approved 12 key industrial projects with a cumulative investment of ₹84,918.75 Cr. These projects in Apparel & Textiles to Green Hydrogen and Green Ammonia, Steel, Power, and Renewable Energy, Chemical & petroleum chemical downstream sectors are set to create employment opportunities for 42,281 people in several districts.
Among the projects, 3 major proposals from Welspun Group have been approved by the HLCA including the establishment of a Textile and Logistics Facility at Choudwar in Cuttack by Welspun Living with investment of ₹3,050 Cr and employment potential for 20,210 people. Welspun Corp has also received green light to invest ₹3,137 Cr in Steel downstream sector which will generate employment for 3,830 individuals in Sambalpur.
The HLCA has also approved proposal from Welspun New Energy for the establishment of a Green Ammonia manufacturing unit in Kendrapara with an investment of ₹13,860. A proposal from Sembcorp Green Hydrogen India to establish Green Ammonia Manufacturing Unit in Gopalpur, Ganjam at cost of ₹13,000 Cr & employment potential for 1,250 individuals has also been approved.
In the Power & Renewable Energy sector, NTPC’s proposal for a 800 MW superthermal power plant in Sundargarh, with ₹9,208.36 Cr investment has received a green light from the HLCA. Orissa Metallurgical Industry has also received approval for investing ₹5200 Cr to set up a 2 MTPA Integrated Steel Plant, 240 MW Captive Power Plant, and 1 MTPA Cement Grinding Unit, generating employment for 6,000 Individuals in Jharsuguda.
The HLCA has further approved a proposition from ReNew E-Fuels to invest ₹10,005 Cr for a Green Hydrogen (100 KTPA) and green Methanol (500 KTPA) manufacturing unit in Malkangiri. The proposal from ReNew E-Fuels for setting up Green Hydrogen (60 KTPA) and green Methanol (300 KTPA) manufacturing unit in Rayagada at the cost of ₹9,000 Cr has been approved.
Other projects which have received HLCA nod include, Tata Steel’s HR & CR Coil plant in Dhenkanal valued at ₹10,351.11 Cr, BMW Industries’ production plant in steel sector in Jajpur worth ₹1,094.82 Cr, Ind Barath Energy Utkal’s Ultra Super Critical Coal Fired Thermal Power Project in Jharsuguda and Aegis Vopak’s project to establish a Greenfield Tank Storage Facility for liquid Ammonia in, Gopalpur, Ganjam.
Details of the approved projects: