Bhubaneswar: Moving a step ahead towards rapid industrialization of Orissa, the state government Thursday approved five investment proposals worth Rs 381 crore. The proposals, if implemented, will create employment opportunities for 844 people.
The State-Level Single Window Clearance Authority (SLSWCA) headed by Chief Secretary Aditya Prasad Padhi has approved the five projects here at its 75th meeting.
The SLSWCA accorded approval to state-run Indian Oil Corporation Ltd’s proposal for setting up LPG bottling plant in Khurda with an investment of Rs 161.59 crore. This unit would provide employment to 79 people, official sources said.
Shree Malani Foams Pvt. Ltd, a company from the house of Century brand of mattresses, was also given clearance to set up a unit to manufacture 4,500 tonnes per annum of polyurethane (PU) foam and foam products at Khurda. The project will create an employment opportunity for 135 people.
Similarly, the proposal of Runaya, a metals start-up, got the clearance to set up 30,000 tonnes per annum Aluminium dross refining unit at Jharsuguda with a an investment of Rs 64.43 crore. This project would generate employment for 175 persons, they said.
JSK Industries Pvt Ltd’s proposal to set up 1,07,000 tonnes per annum aluminum wire rod and aluminum conductor unit at Angul Aluminum Park was also cleared by the SLSWCA. The project entails an investment of Rs 50 crore and will create employment for 380 people.
Besides, a proposal from Western Integrated Waste Management Facility Pvt Ltd, to set up an integrated common hazardous waste treatment, recycling, storage and disposal facility in Deogarh for Rs 52 crore was also approval. The project will help create direct and indirect employment for 75 people.
The panel also recommended Vedanta’s proposal for the expansion of its Lanjigarh Alumina Refinery from 1 million tonnes per annum (MTPA) to 6 MTPA at an investment of Rs 6,483 crore to High Level Clearance Authority (HLCA) headed by Chief Minister Naveen Patnaik. According to norms, the proposals involving investment over Rs 1,000 crore needs the approval of HLCA. The project proposed by Vedanta alone would generate employment opportunities for 9494 people.
The authority also gave its recommendation to increase the capacity of company’s co-generation captive power plant from 90 megawatts (MW) to 340 MW. Meanwhile, the company has sought 1,645.8 acres of additional private land for project expansion, the sources added.
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