Investment worth Rs 1,325 crore gets government approval

The State-level Single Window Clearance Authority (SLSWCA) on Saturday approved three investment proposals worth `1,325 crore.

Published: 30th July 2017 11:01 AM  |   Last Updated: 30th July 2017 11:01 AM   |  A+A-

By Express News Service

BHUBANESWAR: The State-level Single Window Clearance Authority (SLSWCA) on Saturday approved three investment proposals worth `1,325 crore.

On implementation, the three proposals will create employment opportunity for 665 people. A meeating of the SLSWCA chaired by Chief Secretary AP Padhi cleared the proposal of North Eastern Electric Power Corporation (NEEPCO) for establishing a 200 MW solar power project in the State.

The Mini Ratna central public sector enterprise of the Ministry of Power has proposed to invest `945 crore in the project which will create job opportunity for 205 people. The unit is likely to start operations from December, 2019, sources said.

Tamil Nadu-based Chettinad Cement Corporation has proposed to set up a cement factory at Kalinga Nagar Industrial Complex in Jajpur district with an investment of `232 crore. The green field cement project with a capacity of 2 million tonnes per annum (MTPA) capacity will create employment opportunity for 385 people.

The business proposal from Ramky Enviro Engineers Limited was also approved. A leading provider of comprehensive environment management services, the company proposed to set up an integrated common hazardous waste treatment, storage and disposal facility at Katikela in Jharsuguda district with an investment of `148.63 crore.

The company has another unit in Jajpur which is already operational in addition to 14 similar facilities with various capacities in different parts of the country.

The Chief Secretary also reviewed the progress of implementation of the projects of RSB Transmission, Aditya Aluminium, Odisha Power Generation Corporation, Odisha Coal and Power Limited, Odisha Power Transmission Corporation Limited, National Thermal Power Corporation, Indian Oil Corporation Limited and Bharat Petroleum Corporation Limited.

Issues relating to land acquisition, eviction of unauthorised occupants from land allotted to projects, direct land purchase by project proponents from land owners and timely approval of statutory clearances were discussed."It has been our endeavour to make Odisha a business-friendly destination by bringing in key business reforms, developing world class infrastructure and establishing sector specific clusters across the State," Industries Secretary Sanjeev Chopra said.

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