Bhubaneswar: Furthering its industrialisation process, the Odisha government Monday approved 22 projects worth an investment of Rs4,066 crore.
The proposals got the state government’s nod at the State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary PK Jena.
The projects are in different sectors such as green energy equipment, chemicals, textiles and apparel, steel, iron & ferroalloys, aluminium downstream, food processing, power & renewable energy, IT infrastructure and infrastructure & logistics, a release said.
The projects after proper implementation are likely generate 25,525 jobs in 12 districts, officials said.
In the green energy sector, Waaree Clean Energy Solutions Pvt Limited is planning to establish its electrolyser manufacturing plant in Khurda, with a project cost of Rs435 crore, promising 300 jobs.
In the chemical sector, Shalimar Paints has proposed to set up its unit in Balasore for paints varnish and its applied products project, with an investment of Rs135 crore. This project is estimated to generate 200 jobs.
Reliance Bio Energy Limited has introduced two new projects on compressed biogas and fermented organic manure in Dhenkanal and Cuttack, with a total investment of Rs242.42 crore and offering 138 jobs.
SSIL Paint Industries Private Limited intends to manufacture paint and allied products, with investment plans of Rs150 crore and potentially employing 200 people in Khurda.
In the textile and apparel sector, OFB Tech Private Limited has proposed to set up its project in Khurda at an investment of Rs857 crore and 15,000 job opportunities. In the technical textile sector, Shalimar Wires Industries Limited in Khurda unveils its project synthetic fabric for industrial filtration with a project cost of Rs76 crore and employment to 100 people.
In the metal downstream sector, BMW Industries Limited is introducing its project in galvanized plain coil, color coating line, and cold rolling mill in Jajpur with a project cost of Rs713 crore and offering 276 potential job opportunities.
Segma Profiles Pvt Ltd. Is initiating its steel structure profiles and pipes manufacturing unit in Sambalpur with a project cost of Rs54.26 crore and 250 employment opportunities.
In the food processing sector, Bajrangbali Minmet Private Limited is initiating a unit for instant pasta and vermicelli, sweet potato powder production, contributing Rs52.10 crore and potentially employing 50 people in Sundargarh.
OFB Tech Private Limited also plans to produce maize starch powder, maize germ, maize gluten, bran fibre, and enriched bran fibre for Rs150 crore, potentially employing 400 people in Nabarangapur.
In the power & renewable energy sector, Hindalco Industries Limited is investing in Solar PV Power in Koratpu with an investment of Rs200 crores and 80 potential job opportunities.
Steel Limited is investing in a 22 MW Solar PV Power Plant in Sundargarh, with an investment of Rs125.69 crores and offering job employment to 23 people. Adani Total Energies Biomass Limited aims to produce compressed biogas for this sector, with a project cost of Rs136.50 crore and potential employment for 180 people in Sambalpur.
“In a collective effort, these 22 transformative projects, with a cumulative investment of Rs4,066.71 crores, are poised to create 25,525 employment opportunities, paving the way for enhanced industrial growth and economic prosperity in Odisha,” the release said.
PTI
