Odisha News, Odisha Latest news, Odisha Daily - OrissaPOST
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
  • Home
  • Trending
  • State
  • Metro
  • National
  • International
  • Business
  • Feature
  • Entertainment
  • Sports
  • More..
    • Odisha Special
    • Editorial
    • Opinion
    • Careers
    • Sci-Tech
    • Timeout
    • Horoscope
    • Today’s Pic
  • Video
  • Epaper
  • News in Odia
No Result
View All Result
OrissaPOST - Odisha Latest news, English Daily -
No Result
View All Result

Odisha okays 4 investment proposals worth Rs 1,637.41 crore

Updated: June 11th, 2021, 22:09 IST
in Metro, Top Stories
0
Share on FacebookShare on TwitterShare on WhatsAppShare on Linkedin

Bhubaneswar: The state government Friday approved four investment proposals envisaging investment of Rs 1,637.41 crore and direct employment opportunities for 1,116 persons.

The state-level single window clearance authority (SLSWCA) headed by Chief Secretary SC Mahapatra has accorded in-principle approval to the four industrial projects during a meeting held on virtual mode. The proposals are mainly from the sectors like downstream manufacturing, metal and power sector.

Also Read

Disinfection campaign

Odisha launches statewide disinfection campaign

4 hours ago
Suna Besa

Lord Jagannath, siblings to shine bright in Suna Besha today

4 hours ago

Mahapatra asked the Industrial Promotion & Investment Corporation of Odisha (IPICOL) to conduct realistic assessment of land and water requirement for the projects on the basis of scientific parameters for optimum utilisation of the resources.

He also directed Industries department to encourage the upcoming units for sourcing power from grid instead of setting up separate captive power plants. Sourcing of power from the grid would be economic and environment-friendly, the Chief Secretary said.

The departments concerned were asked to facilitate early grounding of the projects through proactive support.

The government has approved the expansion plan of Tata Steel Limited’s iron ore beneficiation plant at Joda in Keonjhar district from 12 MMTPA (million metric tonne per annum) to 17.6 MMTPA with an investment of Rs 946 crore. The expansion plan is likely to create employment opportunities for 803 persons.

Similarly, the proposal of Mahanadi Coalfields Limited would set up a 50 MW solar PV power generation plant with an investment of Rs 254.71 crore was also approved by the panel. The plant that would be set up in Boudh will provide employment to 36 persons.

Railway wagon manufacturing plant with a capacity of 1,500 wagons per annum by Shyam Metalics and Energy Limited also got the government nod. The plant will be set up at Hirakud in Sambalpur district at an investment of Rs 381.60 crore. It would provide employment opportunities to 115 persons.

The SLSWCA has further approved the proposal of the Shyam Metalics and Energy Limited to set up an oxygen cylinder manufacturing plant of capacity of 10,80,000 cylinders per annum. The firm has committed to invest Rs 55.10 crore at the plan to be set up in Rengali Industrial Estate in Sambalpur. Over 162 persons are likely to be employed in the plant.

IPICOL managing director Nitin Bhanudas Jawale said, “Because of the improved ease of doing business and facilitating promotional policies of state government, major investors are now considering Odisha as a flourishing investment destination.”

 

Tags: Investment proposalSLSWCA
ShareTweetSendShare
Suggest A Correction

Enter your email to get our daily news in your inbox.

 

OrissaPOST epaper Sunday POST OrissaPOST epaper

Click Here: Plastic Free Odisha

#MyPaperBagChallenge

Jyotshna Mayee Pattnaik

December 12, 2019
#MyPaperBagChallenge

Aishwarya Ranjan Mohanty

December 12, 2019
#MyPaperBagChallenge

Sibarama Khotei

December 12, 2019
#MyPaperBagChallenge

Sarfraz Ahmad

December 12, 2019
#MyPaperBagChallenge

Mandakini Dakua

December 12, 2019
#MyPaperBagChallenge

Smitarani Sahoo

December 12, 2019
#MyPaperBagChallenge

Archit Mohapatra

December 12, 2019
#MyPaperBagChallenge

Arya Ayushman

December 12, 2019
#MyPaperBagChallenge

Pratik Kumar Ghibela

December 12, 2019
#MyPaperBagChallenge

Spinoj Pattnaik

December 12, 2019
#MyPaperBagChallenge

Archana Parida

December 12, 2019
#MyPaperBagChallenge

Manas Samanta

December 12, 2019
#MyPaperBagChallenge

Diptiranjan Biswal

December 12, 2019
#MyPaperBagChallenge

Shreyanshu Bal

December 12, 2019
#MyPaperBagChallenge

Debasis Mohanty

December 12, 2019
#MyPaperBagChallenge

Kamana Singh

December 12, 2019
#MyPaperBagChallenge

Tabish Maaz

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Adyasha Priyadarsani Sendha

December 12, 2019
?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????
#MyPaperBagChallenge

Dibya Ranjan Das

December 12, 2019
#MyPaperBagChallenge

Rajashree Pravati Mohanty

December 12, 2019
#MyPaperBagChallenge

Pratyasharani Ghibela

December 12, 2019
#MyPaperBagChallenge

Subhajyoti Mohanty

December 12, 2019
#MyPaperBagChallenge

Sarmistha Nayak

December 12, 2019
#MyPaperBagChallenge

Akshaya Kumar Dash

December 12, 2019
#MyPaperBagChallenge

Sipra Mishra

December 12, 2019
#MyPaperBagChallenge

Chinmay Kumar Routray

December 12, 2019
#MyPaperBagChallenge

Rajashree Manasa Mohanty

December 12, 2019
#MyPaperBagChallenge

Nishikant Rout

December 12, 2019
#MyPaperBagChallenge

Faiza Firdous

December 12, 2019

Archives

Editorial

Politics of Philosophy

AAKAR PATEL
July 6, 2025

The BJP’s constitution (Article 3) says, “Integral Humanism shall be the philosophy of the party.” The party’s membership form has...

Read more

India’s Spy Shift

July 5, 2025

India’s espionage architecture is quietly shifting. The appointment of Parag Jain as the new chief of RAW comes at a...

Read more

Hungary Lessons

Hungary
July 2, 2025

Revolting against oppression and seeking freedom is ingrained in human nature, something that a repressive regime finds out sooner or...

Read more

New Democratic Face

Zohran Mamdani
July 1, 2025

US President Donald Trump, who had comfortably defeated his Democratic rival Kamala Harris in the recent presidential election and exuded...

Read more
  • Home
  • State
  • Metro
  • National
  • International
  • Business
  • Editorial
  • Opinion
  • Sports
  • About Us
  • Advertise
  • Contact Us
  • Jobs
Developed By Ratna Technology

© 2024 All rights Reserved by OrissaPOST

  • News in Odia
  • Orissa POST Epaper
  • Video
  • Home
  • Trending
  • Metro
  • State
  • Odisha Special
  • National
  • International
  • Sports
  • Business
  • Editorial
  • Entertainment
  • Horoscope
  • Careers
  • Feature
  • Today’s Pic
  • Opinion
  • Sci-Tech
  • About Us
  • Contact Us
  • Jobs

© 2024 All rights Reserved by OrissaPOST

    • News in Odia
    • Orissa POST Epaper
    • Video
    • Home
    • Trending
    • Metro
    • State
    • Odisha Special
    • National
    • International
    • Sports
    • Business
    • Editorial
    • Entertainment
    • Horoscope
    • Careers
    • Feature
    • Today’s Pic
    • Opinion
    • Sci-Tech
    • About Us
    • Contact Us
    • Jobs

    © 2024 All rights Reserved by OrissaPOST