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Odisha News, Odisha Breaking News, Odisha Latest News || Ommcom News
Home Odisha

SLSWCA Clears Projects Worth INR 3,457 Cr, To Generate 14,436 Jobs

OMMCOM NEWS by OMMCOM NEWS
June 8, 2023
in Odisha

Bhubaneswar: The Government of Odisha held its 118th State Level Single Window Clearance Authority (SLSWCA) meeting on Thursday. The SLSWCA chaired by Chief Secretary Pradeep Kumar Jena granted approval to 18 industrial projects worth approximately INR 3,457 Cr generating 14,436 employment opportunities for the people of Odisha.

Ten out of these investment intentions were received during the Make in Odisha Conclave 2022. This showcases the immense success of the conclave in attracting investments and reinforcing Odisha’s rank as 2nd among the States in attracting ongoing investments in FY 2022-23.

The state government is committed to converting the investment intents into ground reality and in this endeavour, holds SLSWCA meetings at regular intervals to fast-track the grounding of projects.

Projects spread across diverse sectors like Metal Downstream and Ancillary, Pharmaceutical, Food Processing, , Cement, Textile & Apparel, IT & ESDM, and Agro Processing received approvals in the 118th SLSWCA.

The approved projects will be set up across various parts of the State including Jajpur, Khurda, Koraput, Cuttack, Sundargarh, Bhadrak, Sonepur, Bolangir and Boudh Districts.

The committee has given a go-ahead to 9 projects in the Metal Sector, 5 projects in Agro & Food Processing Sector and one project each in Textiles, Cement, IT & ESDM, and pharmaceuticals sectors.

Odisha has been a leader in the mining and metallurgy sector owing to its natural resource advantage. This has been further leveraged by the State Government to develop metal ecosystem in the State.

While Odisha remains the leader in the production of Steel, Stainless Steel, Alumina and Aluminium, it is also emerging as the leader in the metal downstream and ancillary sector. This claim was further strengthened today, when the SLSWCA approved 9 projects in the Metal Downstream and Ancillary sector. The projects of TYK Ceramics India Private Limited, Calderys India Refractories Limited, Shrijay Foils Limited, Thakur Prasad Sao & Sons Pvt Ltd, SMS India Pvt Ltd, Ferro Alloys Coporation Ltd, Indiano Spl Private Ltd, Rudramukhi Infracon Pvt Ltd, and Reliable Sponge Pvt Ltd were approved which aim to provide employment to more than 2600 people of Odisha in total.

Calderys India Refractories Limited which is an Indian subsidiary of Calderys headquartered in France intends to setup manufacturing for Acidic Refractory Bricks, Acidic Monolitics, Refractory Bricks, Steel Casting flux, and Precast Prefired Shaped Refractory Plant entailing an investment of 500 crores.

TYK Corporation who showed their investment intent during the Japan Roadshow of Government of Odisha have realized the same with their Indian subsidiary TYK Ceramics India Private Limited are investing INR 57 crores in Jajpur District to set up a 1020 MT High-end Refractory products plant.

While Caldery and TYK Corporation are setting up their first units in the State, SMS India Private Limited is further expanding to add a 4th unit of 4000 MT/annum capacity of steel plant equipment.

The rapid expansion of SMS India Private Limited is a testament to the personalized investment facilitation and the robust ease of doing business ecosystem in the state. The approved project in Khordha is worth INR 160 crores and aims to provide employment to more than 150 people in the State.

The SLSWCA also approved the proposal of Toshali Cement Private Limited for expansion of their cement grinding capacity to 1.75 MTPA in Cuttack with an investment of INR 525.46 crores.

In the Agro & Food Processing sector, the authority approved 5 projects which are expected to provide employment to more than 1400 people of Odisha. The proposal of Abis Exports India Pvt Ltd includes the setting up Manufacturing Unit for poultry feed in Badachana at Jajpur District with an investment of INR 161.57 crore.

In the IT & ESDM sector, the committee gave a nod to 1 project, by OgoEnergy India Private Limited with an investment of INR 201 crores. The company proposes to set up a 1000MWh battery pack in Khorda district, which will provide employment opportunities to over 530 people of Odisha.

In the Pharmaceuticals sector, the committee gave a nod to 1 project, by Cadila Pharmaceuticals Limited with an investment of INR 200 crores. The company proposes to set up a pharmaceutical manufacturing unit, which will provide employment opportunities to over 680 people of Odisha.

The SLSWCA also recommended 2 proposals of Indian Oil Corporation Limited & Toshali Cement Private Limited to High Level Clearance Authority (HLCA).

The project details are as follows which received approval from the committee:

Projects for 118th SLSWCA

S.N. Project Name Project Description Project
Cost (Rs in Cr)
Employment Sector Location
1 TYK Ceramics India Private Limited 1,020 MT High-end Refractory products Plant 57.00 37 Steel (Ancillary) Kalinga Nagar, Dist- Jajpur
2 Calderys India Refractories Limited Setting up 22,500 MT Acidic Refractory Bricks, 50,000 MT Acidic Monolithics, 32,000 MT Basic Refractory Bricks, 30,000 MT Basic Monolithics, 22,000 MT Steel Casting Flux, 3,300 MT Precast Prefired Shaped
Refractory Plant
500.00 300 Steel (Ancillary) Kalinga Nagar, Dist- Jajpur
3 Cadila Pharmaceuticals Limited Pharmaceutical manufacturing unit 200.00 680 Pharmaceutical Mundamba, Dist- Khurda
4 Abis Exports India Private Limited Manufacturing unit for poultry feed 161.57 850 Food Processing Block – Badachana, District – Jajpur
5 Shrijay Foils Limited Manufacturing unit for Packaging Aluminium Foil, having annual capacity of 22,000 MT 185.00 125 Aluminium Downstream Malipada, Dist: Khordha
7 Toshali Cement Pvt. Ltd Expansion of Cement grinding capacity from 0.40 MTPA to 1.75
MTPA
525.46 110 Cement Choudwar, Cuttack
8 Thakur Prasad Sao & Sons Pvt Ltd Expansion of its 3 units by adding the 0.03 MTPA SMS & Rolling Mill,
CPP – 10 MW to the Unit-I, 1×4.5 MVAFerro Alloys to the Unit-II,
0.03 MTPA SMS & Rolling Mill,CPP – 8 MW to the Unit-III
235.00 1350 Steel At- Kuarmunda&Lodasara, Dist.- Sundargarh
10 ARUNDHATI
BANDHAKALA LLP
Saree Manufacturing 180000
pieces per annum
55.00 9035 Textile Sonepur
11 OGO ENERGY INDIA PRIVATE LIMITED 1000 MWh Battery Pack 201.00 530 IT and ESDM Khordha
12 SMS India Pvt Ltd (Unit-III) Expansion of existing unit of capacity 4,000 MT/ annum (manufacturing of steel plant equipment) 160.00 152 Steel (Ancillary) Khurda IE, Dist- Khurda
13 Ferro Alloys Corporation Ltd 0.49 MTPA Chrome ore Beneficiation plant 55.40 92 Steel (Beneficiation) at Village- Tomka, Dist- Jajpur
14 Indiano Spl Private Limited Ferro Chrome 80.58 300 Ferro Chrome Jajpur
15 Maa Bhawani Gintech Pvt Ltd 100 KLPD grain based Ethanol plant and 2.8 MW co gen power plant 136.50 155 Agro Processing Bolangir
16 Shreevash Agro India Private Limited 120 KLPD grain based Ethanol plant and 3.5 MW co gen power plant 125.00 130 Agro Processing Bolangir
17 Juststrive Industries Private Limited 150 KLPD grain based Ethanol plant and 5 MW co gen power plant 117.50 150 Agro Processing Boudh
18 Vista Spirits Pvt Ltd 100 KLPD grain based Ethanol plant and 2.8 MW co gen power plant 108.00 142 Agro Processing Boudh
19 Rudramukhi Infracon Private Limited 2.5 MTPA Iron Ore Beneficiation plant and 1.4 MTPA Pellet Plant 494.00 148 Steel( Pellet & Beneficiation) Lahunipara, Dist- Sundergarh
20 Reliable Sponge Pvt. Ltd Steel downstream unit of 1.44 MTPA MS Strip Mill and 1.44 MTPA Tube Mill 60.00 150 Steel (Downstream) Choudwar Industrial Estate, Dist- Cuttack
      3457 14436    

The State Government of Odisha has always encouraged and welcomed industrialists to invest in the State. Its industry-friendly policies have positioned the State to be a highly lucrative destination for investors who have been awaiting opportunities to step into Eastern India or expand their footprint in the region.

Tags: Chief Secretary Pradeep Kumar JenaMake in Odisha Conclave 2022State Level Single Window Clearance Authority (SLSWCA)
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