Bhubaneswar: The Odisha government on Thursday approved investments, totalling Rs 1,65,303 crore, for ten major industrial projects.
These projects span key sectors, including Steel, Aluminium, Power Generation, Green Hydrogen, Engineering Goods and Green Energy Equipment, and expected to generate over 51,939 jobs. These investments in Bhadrak, Cuttack, Ganjam, Keonjhar, Khurda, Mayurbhanj and Rayagada will play a crucial role in bolstering Odisha’s industrial growth and economic development, an official release said
Projects
In the Aluminium sector, Vedanta Ltd will be setting up two projects in Rayagada district. The first involves Rs 50,537 crore investment for setting up a 6 MTPA Alumina Refinery generating 8,700 employment opportunities. Second project entails a greenfield 1.2 MTPA Aluminium Smelter with an investment of Rs 40,991 crore providing 7,200 jobs.
In Steel sector, JSW Steel Limited India will be setting up a 5 MTPA Integrated steel plant along with upstream and downstream facilities making an investment of rs 35,000 crore, generating 8,000 employments in Keonjhar. In the same sector Shyam Steel Works Private Limited will establish a 1.5 MTPA Integrated steel Plant along with upstream and down-stream facilities worth Rs 5,200 crore investment in Bhadrak, creating 6,000 job opportunities. Likewise, OCL Iron and steel Limited will be expanding its steel production with an investment of Rs 3,000 crore to set up a 1.2 MTPA Integrated Steel plant, generating an employment for 3,500 persons, in Keonjhar.
In the Power sector, Orissa Thermal Energy Limited will set up a 2400 MW (i.e. 3 x 800 MW) ultra super critical coal-based thermal power plant. This project will bring in an investment of ₹18,450 crores and employ 8,100 people in Cuttack.
In the Rare Earth Minerals) sector, M/s Orissa Metallurgical Industry Private Limited will invest Rs 8,000 crore in Titanium Complex for producing Titanium Slag, Titanium Pigment, Titanium Sponge, creating 8,000 job opportunities, in Ganjam.
In the Green Hydrogen sector, Shreetech Data Limited will be setting up a project with an investment of Rs 1,560 crore with a project in Green Hydrogen – 9 KTPA in Rasgovindapur block in Mayurbhanj, generating 1,130 employment. Additionally, in the Green Energy Equipment sector, World Green Energy Pvt Limited will establish a manufacturing facility of Solar modules of 1.2 GW and Solar Photovoltaic Cells of 4 GW at Gopalpur in Ganjam with an investment of Rs 1,475 crore, providing 814 job opportunities.
Lastly, Railway Equipment manufacturing sector, Jupiter Tatravagonka Railwheel Factory Private Limited is expanding its plant of rail wheelsets in Khurdha with an investment of Rs 1,090 crore, providing 495 jobs.
These projects got the nod at the 40th High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister Mohan Majhi.
| Sl | Project Name | Project Description | Project Cost (Rs in Cr) | Employment (Potential) | Location |
| 1 | Vedanta Ltd | 6 MTPA Alumina Refinery | 50,537 | 8,700 | Rayagada |
| 2 | Vedanta Ltd | 1.2 MTPA Aluminium Smelter | 40,991 | 7,200 | Rayagada |
| 3 | JSW Steel Limited | 5 MTPA Integrated steel plant and downstream facilities | 35,000 | 8,000 | Keonjhar |
| 4 | Orissa Thermal Energy Limited | 2400 MW (i.e. 3 x 800 MW) thermal power plant | 18,450 | 8,100 | Cuttack |
| 5 | Orissa Metallurgical Industry Private Limited | Titanium Complex for producing Titanium based products | 8,000 | 8,000 | Ganjam |
| 6 | Shyam Steel Works Private Limited | 1.5 MTPA Integrated steel Plant | 5,200 | 6,000 | Bhadrak |
| 7 | OCL Iron and steel Limited | 1.2 MTPA Integrated Steel plant | 3,000 | 3,500 | Keonjhar |
| 8 | Shreetech Data Limited | Green Hydrogen – 9 KTPA | 1,560 | 1,130 | Mayurbhanj |
| 9 | World Green Energy Pvt Limited | Manufacturing facility of Solar modules | 1,475 | 814 | Ganjam |
| 10 | Jupiter Tatravagonka Rail wheel Factory Private Limited | Manufacturing of rail wheelset | 1,090 | 495 | Khurdha |
| 1,65,303 | 51,939 |
