Odisha Govt Clears Four Investment Proposals Worth Rs 2172.92 Crore

Bhubaneswar: The State Level Single Window Clearance Authority (SLSWCA) of the Odisha Government today accorded in-principle approval to four investment proposals envisaging a proposed investment of around Rs 2172.92 cr.

The investment proposals cleared by the SLSWCA chaired by Chief Secretary Asit Tripathy will be creating employment opportunities for 1,122 persons, said an official press release issued today.

The approved projects are 34 MTPA Beneficiation Plant of Rungta Mines Ltd at an investment of Rs 975 cr with an employment potential of 290 persons; 20 MTPA underground Slurry Pipe Line of Rungta Mines Ltd at an investment of Rs 951 cr with an employment potential of 72 persons; Expansion of  Pellet plant from 0.3 MTPA to 1.2 MTPA of Shyam Metalics and Energy Ltd in Sambalpur district at an investment of Rs 76.92 cr with an employment potential of 610 persons; and 1.8 MTPA Beneficiation Plant and 1.2 MTPA Pellet Plant of Wellman Steels Gangeya Supply Agency Pvt Ltd in Mayurbhanj district at an investment of Rs 170 cr and employment potential of 150 persons.

Tripathy directed concerned departments to make a realistic assessment of the requirement of land and water for these industrial units.

The departments were also asked to provide proactive and facilitating support for early grounding of the projects. Development Commissioner Suresh Chandra Mohapatra advised for ensuring compliance to employment norms by the industries.

The meeting was held on digital mode through OSWAN platform. At the outset Principal Secretary Industry, Hemant Sharma outlined the project proposals for consideration.

Additional Chief Secretary Forest & Environment Mona Sharma, Additional Chief Secretary Steel & Mines Raj Kumar Sharma, Principal Secretary Revenue and Disaster Management Bishnupada Sethi, Secretary Skill Development & Technical Education and CMD IDCO Sanjay Kumar Singh, CMD IPICOL Nitin Bhanudas Jawale along with Principal Secretaries, Secretaries and senior officers of different departments participated in the discussions.