Odisha: Rs 2 lakh crore investment to create 27,645 jobs in State

Odisha government approved five investment proposals worth Rs 2 lakh crore, which will create 27,645 jobs in State.

The 20th High Level Clearance Authority (HLCA) meeting chaired by Odisha Chief Minister Naveen Patnaik at Kharavela Bhavan approved the projects having investment of Rs 2.04 lakh crore, which will create 27,645 employment opportunities in the state.

Odisha Govt accorded approval to Jindal Limited’s Cold Rolling Complex of 0.50 MTPA and Steel Processing Plant at Kalinga Nagar Industrial Complex in Jajpur district. The proposed investment amount is Rs 1676 crore with employment potential for 1300 persons.

Govt accorded approval to Haldia Petrochemicals Limited’s hydrocarbon processing complex comprising of light crude oil refinery, aromatics complex and Ethylene Cracker Complex near proposed Subarnarekha port in Balasore district. The proposed investment is Rs 78,225 crore with employment potential for 10,000 persons.

Odisha Govt accorded approval to Indian Oil Corporation Limited’s expansion of existing refinery unit and setting up of a petrochemical complex at Paradip in Jagatsinghpur district. The proposed investment amount is Rs 1,00,300 crore with employment potential for 12,595 persons.

Govt accorded approval to Talcher Fertilizer Limited’s coal-based urea fertilizer complex of capacity 1.99 MMTPA at Talcher in Angul district. The proposed investment is Rs 14,732 crore with employment potential for 550 persons.

Odisha Govt accorded approval to Indian Oil Corporation Limited’s manufacturing unit for production of Purified Terephthalic Acid (PTA) of 1.2 MMTPA capacity in its existing refinery at Paradip in Jagatsinghpur district. The proposed investment amount is Rs 9136 crore with employment potential for 3200 persons.

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