HLCA Approves 12 Industrial Projects Worth Rs 84,918 Crore Investment In Odisha

Bhubaneswar: The High-Level Clearance Authority (HLCA) in Odisha has approved 12 major industrial projects proposed with an investment of more than Rs 84,918 crore.

The HLCA at its 33rd meeting on Friday extended its approval to the projects which are expected to generate employment opportunities for 42,281 people in various sectors.

These large projects with a cumulative investment of Rs 84,918.75 crore have been proposed in the apparel & textiles, green hydrogen and green ammonia, steel, power & renewable energy, chemical & petro chemical downstream sectors.

The projects will come up across the state including Cuttack, Dhenkanal, Ganjam, Jajpur, Jharsuguda, Kendrapada, Malkangiri, Rayagada, Sambalpur and Sundargarh districts.

Making its foray into Odisha in a big way, Welspun Group has will invest in several sectors. In apparel & textiles sector, Welspun Living Limited received the HLCA’s approval for its integrated textile and logistics facility at Choudwar in Cuttack with an investment of Rs 3,050 crore and employment potential of 20,210 people.

Welspun Corp Limited is also set to invest Rs 3,137 crore in steel downstream sector by setting up 1,00,000 tonne ERW pipes, 3,00,000 tonne DI pipes, 1,00,000 tonne HSAW pipes and 10,00,000 square meter pipe coating plant, generating employment for 3,830 individuals in Sambalpur.

The government recently approved the project of Sintex BAPL, Welspun’s wholly owned subsidiary, for setting up a manufacturing unit for CPVC, UPVC, PVC fittings and plastic tanks in Sambalpur.

Welspun New Energy Limited also got HLCA approval to set up a 0.70 MMTPA green ammonia manufacturing unit in Kendrapada with an investment of Rs 13,860 crore, promising an employment for 1,000 individuals.

This sector also has investment from Sembcorp Green Hydrogen India Private Limited to establish its unit by setting up a 0.72 MMTPA green ammonia manufacturing unit at Gopalpur in Ganjam district with an investment of Rs 13,000 crore, generating employment for 1,250 individuals.

Besides, ReNew E-Fuels Private Limited (REFPL) will invest Rs 10,005 crore to establish a green hydrogen (100 KTPA) and green methanol (500 KTPA) manufacturing unit in Malkangiri as well as an approval of Rs 9,000 crore to establish green hydrogen (60 KTPA) and green methanol (300 KTPA) manufacturing unit in Rayagada thereby generating employment for 2,800.

In the steel sector, Tata Steel’s project to establish a HR & CR Coil plant with production capacity of 6.50 MTPA in Dhenkanal received HLCA’s approval. This mega project, valued at Rs 10,351.11 crore, is expected to create employment opportunities for 3,725 persons.

Also, Orissa Metallurgical Industry Private Limited received approval for investing Rs 5200 crore for setting up 2 MTPA Integrated Steel Plant, 240 MW Captive Power Plant and 1 MTPA Cement Grinding Unit, generating employment for 6,000 persons in Jharsuguda.

In the steel downstream sector, BMW Industries Limited secured HLCA approval for investment of Rs 1,094.82 crore for establishment of its production plant at Kalinganagar in Jajpur generating employment for 1,950 people.

In the power & renewable energy sector, NTPC Limited secured an approval to establish an 800 MW super thermal power plant in Sundargarh with an investment of Rs 9,208.36 crore, which is projected to provide employment to 1366 individuals.

In this sector HLCA approved another investment of Rs 6012.46 crore from Ind Barath Energy Utkal Limited to establish 1 x 800 MW Ultra Super Critical Coal Fired Thermal Power Project. It is set to generate employment for 450 people in Jharsuguda.

The chemical and petro chemical downstream sector witnessed a significant boost with the approval of Aegis Vopak’s project to establish a Greenfield Tank Storage Facility for production of liquid ammonia of 80,000 TPA at Gopalpur in Ganjam with an investment of Rs 1,000 crore and employment potential of 100 individuals.