Synopsis of the story
State Level Single Window Clearance Authority of the Government of Odisha, headed by the Chief Secretary, approves seven investment proposals generating employment opportunities for over 2,846 persons in the state.
The 104th meeting of the State Level Single Window Clearance Authority (SLSWCA) held today under the chairmanship of the Chief Secretary of Odisha, Shri Suresh Chandra Mahapatra (IAS) approved 9 industrial projects worth INR 1411.58crore in 7 different sectors that would generate employment opportunities for over 2,846 persons in the state.
The details of the nine projects for which in-principle approval was accorded by SLSWCA is listed below:
Biomass Plants by Bio WMS Private Limited with a total capacity of Bio-CBG 19,000 MT & Liquid CO2 29,000 MT against an investment of INR 319.25 crores and will provide employment for over 1,250 people to be set up in Angul, Bargarh, Jaipur, Jharsuguda and Sambalpur.
TPS Breweries and Distilleries Private Limited
A manufacturing unit for production of 200 KLPD Ethanol along with a 6 MW Co-generation Power Plant (CPP) by TPS Breweries and Distilleries Private Limited to be set up at Junagarh, Kalahandi against an investment of INR 235 crores generating employment opportunities for over 200 people.
MGM Biofuels Pvt Ltd
200 KLPD Ethanol along with 5 MW Co generations Plant to be set up by MGM Biofuels Pvt Ltd in Boudh and offering employment prospects to over 120 people in the food processing sector against an investment of INR 225.24 crores.
IFFCO at Paradeep
A new Nano Urea unit with an annual capacity of 33,000 KL per year along with a bottling unit with a daily capacity of 2,00,000 bottles (500 ml) to be set up by IFFCO at Paradeep, Jagatsinghpur generating employment for over 200 people against an investment of INR 225 crores.
TATA Steel Special Economic Zone
Seawater desalination Plant with having capacity of 5,475 Million Litre per Annum (MLPA) by TATA Steel Special Economic Zone Limited against an investment of INR 107 crores and generating employment for over 29 people at Gopalpur SEZ, Ganjam.
Sahyadri Industries Limited
Manufacturing unit for production of chrysotile white fibre cement corrugated sheet having capacity of 1,20,000 MTPA by Sahyadri Industries Limited with a total investment of INR 100 crores in Balasore providing over 200 employment opportunities in the Manufacturing sector.
Seascope Infrastructures and Hospitality
Hotel-cum-resort by Seascope Infrastructures and Hospitality Pvt Ltd with a total investment of INR 100 crores near Konark in the Puri district. This project aims to generate over 173 employment opportunities.
Odisha concrete (OPC) Pvt Ltd
Setting up smart city advanced drainage and sewage system products manufacturing plant at Barang, Cuttack against an investment of INR 54.42 crores by Odisha concrete (OPC) Pvt Ltd with potential employment of 106 people.
New Modern Technomech Pvt Ltd
Expansion of New Modern Technomech Pvt Ltd project by setting up 70,000 MT Hot Dip Galvanized Steel Structure against an investment of INR 55 crores and generating employment opportunities for over 568 people in Baripada, Mayurbhanj.
With more projects and investments in the sectors like Food Processing, Biomass and Tourism the state is also looking to diversify the industrial portfolio.
The Odisha
Located on the east coast of India, Odisha has a coastline of 480 km along the Bay of Bengal. The modern State of Odisha was formed on 1 April 1936 but its history dates to the era of Kalinga mentioned in the Mahabharata. Over the years the state has maintained a unique cultural identity distinct from all of its neighbouring States. Traditionally, the State has been known for its mineral and mining strength. Since the turn of the millennium, the focus of the State has shifted to manufacturing and services industrial growth.
The State Government has also taken several unique initiatives to ensure that a hassle-free and conducive business environment is provided to the investors setting up units in the State. This website is a one-stop location for all such information.
The IPICOL
Industrial Promotion and Investment Corporation of Odisha (IPICOL) is the single point of contact for all industrial investments in the State. IPICOL is responsible for devising the investment promotion, facilitation and aftercare strategy for the state of Odisha. IPICOL, as the investment promotion agency of the State of Odisha, undertakes all activities to promote Odisha as the investment destination of choice.
