27 projects worth Rs 6,134 crore cleared, to create 42,000 jobs in Odisha

The projects to come up in 10 districts include Premier Explosive’s proposed plant in Rayagada
Image used for representational purposes only.
Image used for representational purposes only. Express illustration

BHUBANESWAR: The state level single window clearance authority (SLSWCA) on Friday approved 27 industrial projects worth Rs 6,134.52 crore. The investments are expected to generate 42,275 jobs.

The projects will come up in 10 districts - Sambalpur, Kandhamal, Jagatsinghpur, Khurda, Jajpur, Rayagada, Puri, Sundargarh, Keonjhar and Angul. In the aluminium downstream sector, the proposal of SMEL Steel Structural Pvt Ltd to set up an aluminium coil, flat rolled products and battery foil manufacturing unit at an investment of Rs 893 crore at Rengali has been cleared.

Premier Explosive’s proposal to set up a defence explosives plant in Rayagada at an investment of Rs 864 crore, Odisha Hydro Power Corporation Ltd’s 63 MW hydro project at a cost of Rs 787.48 crore at Baliguda, Texmaco Rail and Engineering Ltd’s 35,000 MT manufacturing unit of wagons and couplers for railways at an investment of Rs 438.92 crore at Paradip have been approved. The three projects will generate employment for around 5,000 people.

In the machinery and equipment sector, Premium Transmission has evinced interest to venture into industrial transmission and renewable energy equipment manufacturing with its proposal to invest Rs 555 crore for a unit of mechanised goods at Khurda.

In the apparel and textiles sector, MAF Clothing, SAPL Industries Pvt Ltd, Meenu Creation LLP, Pooja International, Sonu Exim Pvt Ltd, Rainbow Fabart Pvt Ltd, BL International Pvt Ltd, Fine Lines (Noida Apparel Cluster), and Canberg Global Sourcing Pvt Ltd will collectively invest Rs 589.78 crore in readymade garments manufacturing units in Khurda and Puri. The units will create employment opportunities for over 26,823 individuals.

While Perfectus Technology Solutions Pvt Ltd and Umang Cold Storage Pvt Ltd have proposed to invest Rs 709.13 crore in IT infrastructure projects at Info City, Jupiter International Ltd will invest Rs 250 crore on a manufacturing facility of photovoltaic solar cells in Khurda.

Similarly, Magpet Polymer Pvt Ltd will invest Rs 175 crore for a PET preform, bottles and caps recycled flakes and pellets unit at Khurda, MSP Sponge Iron Ltd and Sree Metaliks Ltd will set up iron ore grinding units at a combined investment of Rs 297 crore at Keonjhar and Suraj Products Ltd will set up a 20,000 MT ferro alloys plant in Sundargarh for Rs 98.5 crore.

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