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Single Window Authority Clears 5 Investment Proposals Worth Rs 1508 Cr

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Home Uncategorized

Single Window Authority Clears 5 Investment Proposals Worth Rs 1508 Cr

by OB Bureau
May 31, 2018
in Uncategorized
Reading Time: 1 min read
Single Window Authority Clears 5 Investment Proposals Worth Rs 1508 Cr
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Bhubaneswar: In another boost to the growth of industries in priority sectors, the State Level Single Window Clearance Authority in a meeting on Wednesday accorded in principle approval to 5 industrial projects envisaging an investment of Rs 1508.1 crore.

These units will create employment opportunities for around 2,155 persons. While giving approval to the project proposals, chief secretary Aditya Prasad Padhi directed the concerned departments to provide facilitating help to these industrial units from grounding till commissioning.

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Principal secretary, Industry Sanjeeb Chopra presented details of the projects with their technical, environmental, land, water and manpower requirements.

Talking to media persons after the meeting, Chopra said the approved projects include one polyester product manufacturing unit with 324,000 TPA at Textile Park in Bhadrak district. This park has the potential of growing to a polyester textile hub of eastern India. The proposal involves an investment of Rs 975.10 crore.

Other approved projects include one aluminum manufacturing unit proposed at Angul Almunium Park with investment of Rs 200 crore and employment potential of 500, Vegetable Oil Manufacturing units at Paradip with investment of Rs 200 crore with employment potential of 920, Instant pasta, Vermicelli and Sweet Potato Powder unit at Khurda industrial Estate with investment of Rs 71 crore and employment potential of 300 and Integrated Cold Chain Service unit at seafood park in Deras with investment of Rs 62.10 crore with employment potential of 250.

Apart from this, the proposal of Suguna Foods for a change of location of its poultry feed from Bhubaneswar to Jayamangal Industrial area in Khurda district was also approved in the meeting.

This unit envisages production of 1,24,800 tonnes of feed per annum with the employment potential of 486 persons.

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