Bhubaneswar: The High-Level Clearance Authority (HLCA) of the State Government headed by Chief Minister Naveen Patnaik Wednesday approved ten investment proposals worth Rs 74,620.18 crore. These projects will provide employment opportunities for over 24,000 people in the State.
The Committee approved the proposal of ReNew EFuels Private Limited (REFPL) to set up a green hydrogen & green ammonia plant in Paradip against an investment of Rs 2000 crore which will generate employment opportunities for 2000 persons.
The establishment of these plants will have a pragmatic environmental impact since they will create ammonia and hydrogen using renewable resources, which will cater to the demand of the steel and fertiliser sector in Odisha, said an official.
The Committee has also given approval for setting up of 60,000 MT industrial structure and 6,000 MT steel plant equipment facilities to Tata Steel Limited (growth shop) with an investment of Rs 1000 crore with employment opportunities for over 2451 people.
The HLCA approved the proposal of Adani Enterprises Limited to set up a 4.0 MTPA Alumina Refinery and 175 MW CPP Plant in Kashipur, Rayagada district. The company has proposed to invest Rs 41,653 crore for this project, which will generate employment opportunities for over 7750 people.
In addition, the panel gave nod to set up 2.5 MTPA steel plant and 370 MW CPP in Kalinga Nagar, Jajpur district, by Orissa Alloy Steel Pvt Ltd against an investment of Rs 8,000 crore that will provide jobs for 5000 people.
Sompuri Infrastructures Private Limited got the approval of the state government to set up a 24 MTPA pellet plant & 6 MTPA of filter cake at Dhamra, in Bhadrak district. The company will make an investment of Rs 7811 crore, which will generate employment opportunities for over 684 people.
Similarly, the above company will also set up a 30 MTPA Beneficiation plant at Deojhar, in Keonjhar district and a 30 MTPA Slurry Pipeline connecting its proposed 30 MTPA Beneficiation plant at Deojhar, in Keonjhar district to the proposed pellet plant at Dhamra, in Bhadrak district against investments of Rs 4592.18 crore and Rs 3674 crore which will create employment opportunities for 250 and 600 persons respectively.
Approval was also given to Aarti Steels Limited for expansion of a steel plant at Athgarh, in Cuttack district at an investment of Rs 3000 crore, which will generate employment for over 3587 people. This project will facilitate availability of raw materials to Auto component manufacturers.
Moreover, the committee approved the proposal of ArcelorMittal Nippon Steel India Limited for setting up a 6 MTPA Beneficiation Plant and 12 MTPA slurry pipeline in Keonjhar district against an investment of Rs 1490 crore generating employment opportunities for 600 persons.
Rungta Metals Private Limited (RMPL) got the approval for setting up of 0.5 MTPA integrated steel plant creating employment potential for 1125 persons against an investment of Rs 1400 crore in Rairangpur in the district of Mayurbhanj.