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Odisha News, Odisha Breaking News, Odisha Latest News
Home Breaking News

SLSWCA Okays 6 Investment Proposals Worth Over Rs 493 Cr    

OMMCOM NEWSbyOMMCOM NEWS
May 6, 2022
in Breaking News, Odisha

Bhubaneswar: The State Level Single Window Clearance Authority (SLSWCA) today accorded in-principle approval to six new investment proposals envisaging investment of Rs 493.62 crore and employment generation potential for 1,317 persons.

The projects were mainly from steel downstream, food processing, tourism, refractory, and plastic downstream sectors.

The approved projects include Jatia Steel Ltd  for setting up a 2,50,000 TMT Rebar and 2,50,000 MT Wire Rod Mill  in Kalinga Nagar of  Jajpur district with  an investment of Rs 125 crore having employment potential for  over 150 people; Sarangi Metal Works International Private Limited to set up a steel downstream unit  in Kalinganagar of Jajpur district for production of  Driveline and  Torque Tubes  with  an investment of Rs 65.37 crore having employment potential  for over 568 people; JRS Ventures Pvt Ltd to set up one  100 KLPD Ethanol Plant along with 2.5 MW Co generations Power Plant in  Sonepur with an investment of Rs 121 crore having  employment potential for over 114 people; SNM Hotels and Resorts Private Limited to set up a hotel and resort facility at  Somolo Island in  Ganjam district with  investment of Rs 80.25 crore having employment potential for over 185 people; Danieli Corus Refractory Solutions Pvt Ltd  to set up a Carbon/Graphite block cutting and machining facility with a capacity of 1500 MT per annum in Khordha district with  investment of Rs 51 crore having employment potential for over 150 people; and Ashirvad Pipes Private Limited for setting up 18,000 MTPA capacity HDPE and PVC Pipes manufacturing unit in Tangi of  Cuttack district with investment of Rs 51 crore envisaging employment potential for 150 people.

The proposals were approved at the SLSWCA meeting held in digital mode. The meeting was chaired by Chief Secretary Suresh Chandra Mahapatra from Lokseba Bhawan wherein Principal Secretary Industry Hemant Kumar Sharma outlined the appropriateness of the projects for the State.

Giving in-principle approval to the projects, the Chief Secretary directed concerned departments to make a realistic assessment of required land and water for the approved projects, and facilitate their early grounding.

Mahapatra also directed the Tourism department to prepare a Master Plan for tourism development in Chilika lake including potential islands like Solomo.

Sharma said that these industries would boost economic activities in different districts of the State.

Development Commissioner Pardeep Kumar Jena, Additional Chief Secretary Forest and Environment Mona Sharma, Additional Chief  Secretary Revenue and Disaster Management Satyabrata Sahu, Additional Chief  Secretary Water Resources Anu Garg,  Principal Secretary Industry Hemant Kumar Sharma, Principal Secretary Tourism Surendra Kumar, Principal Secretary Energy Nikunja Bihari Dhal, Principal Secretary Steel and Mines Deo Ranjan Kumar Singh, Principal Secretary Panchayati Raj and Drinking Water Ashok Kumar Meena, MD IPICOL Bhupinder Singh  Poonia along with Principal Secretaries, Secretaries and senior officers of the concerned departments participated in the discussions.

 

Tags: Chief Secretary Suresh Chandra MahapatraFood Processingplastic downstreamPrincipal Secretary Industry Hemant Kumar SharmarefractoryState Level Single Window Clearance Authority (SLSWCA)steel downstreamTourism
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