Bhubaneswar: The state Cabinet approved 32 proposals of different departments at a meeting presided by chief minister Naveen Patnaik on Wednesday evening.
Informing about the Cabinet decisions in media briefing, chief secretary Suresh Chandra Mahapatra said the proposals for financial assistance with budgetary support of Rs 428.95 crore to IDCO for development of Mega Almunium Park in Angul district and creation of land bank for the purposes of industry and infrastructure have been approved.
The Cabinet also approved the proposal of IDCO to procure 871.427 acres of land for its Land Bank from Tata Power Co Ltd which had been earlier leased out for its coal-based thermal power plant at Barang in Cuttack district. The procured land can be utilised for attracting new industrial and infrastructure projects. The Ggvernment will extend financial assistance of Rs 62,83,48,517 to IDCO for the purpose.
The Cabinet also approved the following proposals:
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