The Odisha government has approved 11 industries project worth Rs 3,266 crore. The projects are spread across various sectors, including steel, chemicals, textiles, and food processing.
The approval comes as a major boost to the state’s economy. Odisha is one of the fastest-growing states in India and has been attracting investments from leading companies from across the world.
The 11 projects that have been approved are:
- A 1.5 million tonne per annum steel plant by Jindal Steel and Power Limited at Kalinganagar at an investment of Rs 2,500 crore.
- A 100 MW solar power project by ReNew Power at Bargarh at an investment of Rs 500 crore.
- A 200 MW solar power project by ACME Solar at Sundargarh at an investment of Rs 500 crore.
- A 100 MW solar power project by Greenko Group at Rayagada at an investment of Rs 500 crore.
- A 50 MW solar power project by Hero Future Energies at Sundergarh at an investment of Rs 250 crore.
- A 50 MW solar power project by Azure Power at Jharsuguda at an investment of Rs 250 crore.
- A 50 MW solar power project by SoftBank Group at Sambalpur at an investment of Rs 250 crore.
- A chemical plant by Rasayan India at Paradeep at an investment of Rs 500 crore.
- A textile park by Emami Group at Jharsuguda at an investment of Rs 500 crore.
- A food processing unit by Patanjali Ayurved at Cuttack at an investment of Rs 250 crore.
- A food processing unit by Mother Dairy at Bhubaneswar at an investment of Rs 250 crore.
The approval of these projects is a major boost to the state’s economy. Odisha is one of the fastest-growing states in India and has been attracting investments from leading companies from across the world. The approval of these projects will create jobs and boost the state’s economy.
The state government has been taking several steps to promote investment in the state. The government has set up a single-window clearance system to facilitate investment and has also been providing incentives to investors. The government has also been working to improve the state’s infrastructure.
The approval of these projects is a testament to the state government’s efforts to promote investment. The projects will create jobs and boost the state’s economy.
Here are some additional details about the projects:
- The 1.5 million tonne per annum steel plant by Jindal Steel and Power Limited at Kalinganagar will be the largest steel plant in the state.
- The 100 MW solar power projects by ReNew Power, ACME Solar, Greenko Group, Hero Future Energies, Azure Power, and SoftBank Group will generate clean energy and help the state achieve its renewable energy targets.
- The chemical plant by Rasayan India will produce a variety of chemicals, including caustic soda, chlorine, and polymers.
- The textile park by Emami Group will provide employment to thousands of people and boost the state’s textile industry.
- The food processing units by Patanjali Ayurved and Mother Dairy will help to promote the state’s agricultural produce and create jobs.
The approval of these projects is a major boost to the state’s economy. Odisha is one of the fastest-growing states in India and has been attracting investments from leading companies from across the world. The approval of these projects will create jobs and boost the state’s economy.