"Odisha CM Greenlights 12 Vital Projects, Securing Investments Worth Rs. 84,918 Crore"

Odisha Chief Minister Naveen Patnaik has given the green light to 12 major projects with a combined investment of Rs. 84,918.75 crore, marking a significant boost to the state's economic landscape. These projects, spanning various sectors, are expected to generate employment opportunities for 42,281 individuals, according to an official statement.

The High-Level Clearance Authority (HLCA) meeting, chaired by Chief Minister Patnaik on Friday, saw approvals for investment proposals in sectors such as apparel and textiles, green hydrogen, green ammonia, steel, power, renewable energy, and chemical and petrochemical downstream industries.

The approved projects will be distributed across several districts in the state, including Cuttack, Dhenkanal, Ganjam, Jajpur, Jharsuguda, Kendrapada, Malkangiri, Rayagada, Sambalpur, and Sundargarh.

In the apparel and textiles sector, Welspun Living Limited secured approval for a Rs. 3,050 crore integrated textile and logistics facility in Choudwar, Cuttack district, with the potential to generate employment for 20,210 people. Welspun Corp Limited received the go-ahead for a Rs. 3,137 crore investment in a pipe manufacturing and coating plant in Sambalpur district, expected to employ 3,830 individuals.

For the green hydrogen and green ammonia sector, Welspun New Energy Limited received approval for a Rs. 13,860 crore green ammonia manufacturing unit in Kendrapada district, generating employment for 1,000 individuals. Sembcorp Green Hydrogen India Private Limited secured approval for a Rs. 13,000 crore green ammonia manufacturing unit in Gopalpur, Ganjam district, providing jobs for 1,250 individuals. ReNew E-Fuels Private Limited got the nod for a Rs. 10,005 crore investment in green hydrogen and green methanol manufacturing units in Malkangiri and Rayagada districts, creating employment for 2,800 people.

In the steel sector, Tata Steel's Rs. 10,351.11 crore project for an HR & CR Coil plant in Dhenkanal was approved, with employment opportunities for 3,725 people. Orissa Metallurgical Industry Private Limited received approval for a Rs. 5,200 crore Integrated Steel Plant, Captive Power Plant, and Cement Grinding Unit in Jharsuguda district, creating jobs for 6,000 individuals. BMW Industries Limited secured approval for a Rs. 1,094.82 crore investment in a production plant in Kalinganagar, Jajpur district, with employment potential for 1,950 people in the steel downstream sector.

In the power and renewable energy sector, NTPC Limited received approval for an Rs 9,208.36 crore 800 MW super thermal power plant in Sundergarh, projected to employ 1,366 individuals. Ind Barath Energy Utkal Limited secured approval for a Rs. 6,012.46 crore 1X800 MW ULTRA Super Critical Coal Fired Thermal Power Project in Jharsuguda, providing jobs for 450 people.

The chemical and petrochemical downstream sector also witnessed a significant boost, with the approval of Aegis Vopak's Rs. 1,000 crore project to establish a greenfield tank storage facility for liquid ammonia in Gopalpur, Ganjam district, offering employment potential for 100 individuals.

BS