Odisha: Majhi Govt begins 2nd year; projects worth Rs 1.5 lakh crore approved

Bhubaneswar, June 17: Marking the completion of one year of Mohan Charan Majhi government in Odisha, a high-level official State committee today approved 8 transformative industrial projects worth Rs 1,51,239.50 crore, with the potential to create over 60,200 job opportunities.

The decision of the 41st High-Level Clearance Authority (HLCA), headed by the CM, is aimed at fast-tracking industrial growth, attract mega investments, and ensure large-scale employment for the youth of Odisha, said a statement issued on behalf of the government..

 

The projects are spread across six districts such as Dhenkanal, Ganjam, Jajpur, Keonjhar, Khordha and Sambalpur, span strategic sectors including Aluminium, Chemicals, Steel, Textiles, and Ancillary & Downstream in Metal Sector.

 

 

 

In the Aluminium sector, Vedanta Ltd leads with a landmark investment of Rs 1,28,000 crore to establish a 3 MTPA Aluminium Smelter and 4900 MW Captive Power Plant (CPP) in Dhenkanal. This single mega project is expected to create 30,000 jobs, reaffirming Odisha’s position as a global aluminium hub, it said.

 

 

 

The Chemicals sector also witnessed a substantial proposal by SRF Ltd, which will set up a specialty chemicals and refrigerant manufacturing unit with an annual capacity of 2 lakh MT in Ganjam, involving an investment of Rs 10,000 crore and generating 20,000 employment opportunities, the statement said.

 

 

 

In the Steel and Metal Downstream sector, Jindal India Steel Tech Ltd will set up a 1.26 MTPA specialty steel processing facility in Dhenkanal, with an investment of Rs 3,600 crore, creating 2,000 jobs.

 

 

Further, Shyam Steel Manufacturing Ltd proposes a 0.53 MTPA integrated steel plant, DI pipe unit, and 46 MW CPP in Keonjhar, at Rs 2,490 crore, employing 2,370 persons.

 

 

Additionally, Linde India Ltd will invest Rs 1,303.50 crore to establish an Air Separation Unit in Jajpur, offering high-quality industrial gases and employing 100 people.

 

 

 

Ancillary metal sector projects include Star Metal Works Pvt Ltd, which is expected to invest Rs 2,291 crore in Sambalpur to set up a narrow hot strip mill, cold rolling, and plate cum Steckle mill, creating 250 jobs.

 

Meanwhile, Supreme Metals Export Pvt Ltd intends a 1.2 MTPA rolling mill for TMT bars and wire rods in Keonjhar, worth Rs 1,500 crore, generating 680 jobs.

In the Textiles sector, Sportking India Ltd is expected to invest Rs 2,055 crore in Khordha to establish a cotton and blended yarn manufacturing unit with an annual capacity of 62,000 MT, creating 4,800 employment opportunities.