Odisha Chief Minister Naveen Patties has cleared 10 projects worth Rs 74,620 crore. These projects are expected to generate employment for over 24,000 people in the state. Among the 10 industrial projects approved by the Odisha government are green hydrogen and green ammonia, metal and metal downstream and infrastructure projects.
Tata group, Adana group and ArcelorMittal Nippon Steel were among the big ticket investors.
The committee approved the proposal to set up green hydrogen (20 KTP A) and green ammonia (100 KTP A) plants in Para dip with an investment of Rs 2,000 crore. These plants are expected to generate employment for 2,000 people. These plants, along with meeting the demand of the steel and fertilizer sectors of the state, will also have a positive impact on the environment.
Tata Steel has received approval for the setting up of 60,000 MT industrial structure and 6,000 MT steel plant equipment facilities against an investment of Rs 1,000 crore. This project will generate employment opportunities for over 2,451 people.
The committee approved Adana Enterprise's proposal to set up a 4.0 MTP A alumina refinery and 175 MW CPP plant in Kanpur against an investment of Rs 41,653 crore, which will generate employment opportunities for over 7,750 people.
A 2.5 MTP A steel plant and 370 MW CPP plant in Ceilings will also be set up by Odessa Alloy Steel Pvt Ltd against an investment of Rs 8,000 crore that will create employment opportunities for 5,000 people.
The committee also approved the proposal of ArcelorMittal Nippon Steel India for setting up a 6 MTP A beneficiaries plant at Dali and a 12 MTP A slurry pipeline from proposed the proposed plant to debunk slurry pumping station unit in Dali for an investment of Rs 1,490 crore, generating employment opportunities for 600 persons.
A 24 MTP A pellet plant and 6 MTP A of filter cake by Compare Infrastructures Pvt Ltd, expansion of steel plant by Martí Steels are also some of the other projects that were approved by the government.
The Odisha government is focussing on employment-intensive sectors such as metal and metal downstream.
The proposal of Odessa Alloy Steel Pvt Ltd to set up a 2.5 MTP A steel plant and 370 MW captive power plant in Ceiling Nagar of Jaipur district with an investment of Rs 8,000 crore was also approved during the HLC meeting.
Compare Infrastructures Private Ltd got the approval of the state government to set up a 24 MTP A pellet plant and 6 MTP A of filter cake at Dharma, in Bharat district at an investment of Rs 7,811 crore, it said.
The above company will also set up a 30 MTP A beneficiaries plant in Kenosha district against an investment of Rs, 4592.18 crore and a 30 MTP A slurry pipeline at a cost of Rs 3,674 crore.
Approval was also given to Martí Steels Ltd for expansion of its steel plant at Athwart, in Cuttack district, at an investment of Rs 3,000 crore.
The committee has approved the proposal of Renew Refuels Private Ltd (REF PL) for setting up a green hydrogen and green ammonia plant at Para dip against an investment of Rs 2,000 crore.
ArcelorMittal Nippon Steel India Ltd's proposal for setting up a 6 MTP A beneficiaries plant and 12 MTP A slurry pipeline in Kenosha district at an investment of Rs 1,490 crore, got the nod of the government.
The committee has also given approval to a Rs 1,000 crore project of Tata Steel Ltd, a Rs 1,400 crore steel plant project by Rung ta Metals Private Ltd (RMPL).
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