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Odisha CM Lays Stone For Projects Worth Rs 1,950 Cr; Industrial Units To Create Jobs For 3,200 Persons

Odisha CM Lays Stone For Projects Worth Rs 1,950 Cr; Industrial Units To Create Jobs For 3,200 Persons

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Home City Bhubaneswar

Odisha CM Lays Stone For Projects Worth Rs 1,950 Cr; Industrial Units To Create Jobs For 3,200 Persons

by OB Bureau
January 10, 2022
in Bhubaneswar, City
Reading Time: 3 mins read
Odisha CM Lays Stone For Projects Worth Rs 1,950 Cr; Industrial Units To Create Jobs For 3,200 Persons
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Bhubaneswar: Chief Minister Naveen Patnaik on Monday laid foundation and inaugurated industrial projects

The industrial units with investments over Rs 409.03 crore and ground-breaking of projects with a cumulative investment of Rs 1,950.26 crore took place during the 14th phase of inauguration ceremony. The projects aim to generate employment opportunities for over 3,200 persons in the state.

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In a bid to boost the industrial activities in the state, Chief Minister Naveen Patnaik on Monday inaugurated two industrial projects and performed groundbreaking for 11 projects worth over Rs 2359.29 crore in Odisha.

The  projects include a logistic park, three ethanol plants, a steel expansion project, a cement manufacturing unit and a 5-star resort among others.

These diversified and employment-intensive projects will create potential employments for over 3,200 persons in the state. Some of the leading companies promoting these projects include Tata Steels, Swosti Premium, Greentech Bioenergy and Coastal Biotech.

The projects that were inaugurated on the day are:

  • A cement grinding unit of 1.5 million metric ton per annum at KNIC, Jajpur by Jajpur Cement at an investment of Rs 400 crore. It will generate employment opportunities for over 214 persons.
  • A Bio-degradable tableware manufacturing unit at Growth Centre Ph-II, Balangir by Swosti Ecowares at an investment of Rs 9.03 crore. The project will generate potential employment opportunities for over 49 persons.

The details of the projects for which groundbreaking was done are:

  • An Expansion project of Tata Steel of its Iron ore Beneficiation plant from 12 MMTPA to 17.6 MMTPA at Joda, Keonjhar at an investment of Rs 946 crore, which will generate potential employment opportunities for over 803 persons.
  • A 200 KLPD Ethanol along with 5 MW Co generations Plant at Salna, Bargarh by Greentech Bioenergy LLP at an investment of INR 250 crore, which will generate potential employment opportunities for over 202 persons.
  • A grain-based distillery unit of capacity 200 KLPD for manufacturing of Ethanol along with 6.00 MW co-generation power plant at Jharsuguda by Energy Intro Private Limited at an investment of Rs 205 crore, which will generate potential employment opportunities for over 196 persons.
  • Another 100 KLPD grain-based ethanol plant along with Compressed Biogas(CBG) plant of 12 TPD capacity and 2.20 MW Co-gen power plant at Bantala, Angul by Newalt Energy Private Limited at an investment of INR 125 crore, which will generate potential employment opportunities for over 650 persons.
  • A 5-star Resort named “Swosti Premium Beach Resorts” at Puri by Swosti Premium at an investment of Rs 134 crore, which will generate potential employment opportunities for over 310 persons.
  • A 4-star hotel Prachi Resorts Private Limited at Bhubaneswar, Khurda by Prachi Resorts at an investment of Rs 63.30 crore, which will generate potential employment opportunities for over 85 persons.
  • A 9 km Iron Ore Pipe Conveying System of capacity 3 MTPA at Barbil, Keonjhar by GV Mines Minerals & Metals at an investment of Rs 104.48 crore, which will generate potential employment opportunities for over 238 persons.
  • A logistic park at Giringaput, Khurda by Chalah Infratech at an investment of Rs 99.8 crore, which will generate potential employment opportunities for over 234 persons.
  • A Packaged Foods and Spices at Ramdaspur, Cuttack by Bisweswar Food at an investment of Rs 10 crore, which will generate potential employment opportunities for over 161 persons.
  • A Manufacturing unit for Electrical sensors for steel Industries at Chattabar, Khordha by Measurex Global at an investment of Rs 9.7 crore, which will generate potential employment opportunities for over 56 persons.
  • A Manufacturing Of Self Adhesive BOPP Tape at Chattabar, Khurda by Sai Prateek Industries at an investment of Rs 2.98 crore, which will generate potential employment opportunities for over 32 persons.

Speaking on the occasion, Naveen said “Odisha is fast emerging as the ‘Manufacturing Hub of Eastern India’. Our Government’s progressive policy framework and regulatory environment has enabled the rapid growth of industries in the state. The implementation of ease of doing business reforms and facilitation provided by various departments have ensured that businesses continue to grow in the state.”

“Our government has been focusing on skilling the youth of Odisha to make them industry-ready and many industries have come forward to participate in our skill development initiatives,” Naveen added.

Industries and MSME, Home and Energy Minister Dibya Sankar Mishra, Chief Secretary, Suresh Chandra Mahapatra, Development Commissioner Pradip Jena, Secretary to CM (5-T) VK Pandian and Principal Secretaries and Secretaries of different Department were also present.

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