Bhubaneswar (IANS)| A day after approving six investment proposals worth Rs 854.17 crore, the Odisha government on Saturday approved five more mega industrial projects, bringing in an investment of Rs 35,760 crore in the state. The High Level Clearance Authority (HLCA) headed by Chief Minister Naveen Patnaik has cleared projects that will create over 38,100 job opportunities in Odisha.
The approved projects will be set up in Bhadrak, Dhenkanal, Jagatsinghpur and Keonjhar districts. HLCA has cleared two projects in steel sector, one each in green energy and equipment, chemical sector and technical textile sector.
The government has approved Vari Energies Ltd’s proposal to set up an integrated solar equipment manufacturing complex with an investment of Rs 25,000 crore.
It will set up a manufacturing unit at Neulopoi, Dhenkanal with a capacity of 50,000 MT of polysilicon, 10,000 MW each for ingots, wafers, solar cells and solar modules.
An official said that such a manufacturing facility is the largest in eastern India which will develop an ecosystem for further investment in the region.
Similarly, the HLCA has approved the proposal of Super Smelters Limited to set up an integrated steel plant of 1.8 MTPA (million tonnes per annum) in Keonjhar district with a promised investment of Rs 5,436.10 crore.
Another steel sector project proposed by Kashvi Power and Steel Pvt Ltd has also got the government’s nod. The company will set up an integrated steel plant at Kalipal in Keonjhar district with an investment of Rs 1,600 crore.
In the technical textiles sector, the Odisha government has approved a Rs 2,223.25 crore project by MCPI Pvt Ltd.
The authority has approved the proposal of IVL Dhanseri Petrochem Industries Limited to set up bottle grade PET resin at Paradip in Jagatsinghpur district with an investment of Rs 1,500 crore.
–IANS
