Bhubaneswar: Odisha Chief Minister, Mohan Charan Majhi led 38th High-Level Clearance Authority (HLCA), approved five investment projects in the state. The approved projects span across sectors such as refinery and petrochemicals, green energy equipment, biotechnology, steel, and chemicals. According to the official press release, the total cost of the project is Rs. 44,793.03 crore and they are expected to generate employment opportunities for a total of 23,005 people. The approved projects are spread across key districts like Jajpur, Dhenkanal, and Cuttack.
Following are the five projects that have received clearance from the HLCA:
Rs. 8,743 crore investment by Indian Strategic Petroleum Reserves Limited to establish a 4.00 MMT crude oil facility in Jajpur, expected to generate 5,130 jobs.
Rs. 4,000 crore investment by Inox Solar Limited in Dhenkanal to set up a solar module and photovoltaic cell manufacturing unit with a capacity of 4.8 GW, creating 3,400 jobs.
AdvertisementRs. 4,050.03 crore investment by ACME Cleantech Solutions Pvt. Ltd. in Cuttack to establish a sustainable protein manufacturing plant focused on mushroom root fermentative protein, generating 3,475 jobs.
Rs. 26,175 crore investment by Tata Steel Limited to expand its operations through a 2.2 MTPA cold rolled and coated steel products facility and 2 MTPA plate mill in Jajpur, creating 8,000 jobs.
Rs. 1,825 crore investment by Himadri Green Technologies Innovation in Cuttack to set up a mineral oil and tire recycling products facility, creating 3000 jobs.
Together these projects are anticipated to position Odisha as a major player in India’s economic development.
