Odisha Govt clears eight investment proposals worth Rs. 1609 crore

Feb 16, 2020

Bhubaneswar: The Government has approved eight more investment proposals worth Rs.1,649.49 crore in the 89th State Level Single Window Clearance Authority (SLSWCA) meeting.

These proposals will create employment opportunities for 1450 people. The projects were approved in food processing, chemicals, plastics, tourism, steel downstream and Infrastructure, the state government said in a press release.

The SLSWCA approved the proposal of M/s Tata Global Beverages Ltd, to set up the Tea Blending & Packaging facility with annual capacity of 36,000 Metric Ton, with a total investment of Rs. 83.53 crore providing employment to about 294 people.

Another proposal of M/s Runaya Metsource LLP for Coal Tar Pitch (CTP) distillation unit of total 0.2 MMTPA capacity, with additional investment of Rs.211 crores and employing around additional 212 people, has been approved.

In addition a proposal of M/s Astra Polytechnik Ltd. (Unit 2) for setting up HDPE and Thermoplastic pipes manufacturing unit of capacity 5,000 MT for additional investment of Rs. 60.06 Crores has also been cleared by the SLSWCA. It will provide an additional employment to around 150 people.

In the Tourism sector, project by M/s. Apeejay Surrendra Park Hotels Ltd. for expansion of its 5 star hotel with an investment of Rs. 150 Crores, has been given a go ahead. This will provide employment for 150 people and another proposal by M/s Kamat Hotels (India) Ltd. for expansion of its 5 star hotel, with an investment of Rs. 52 crore has also been approved and it will provide an additional employment to around 160 people.

In a big boost to the State’s metal downstream sector, proposal of M/s. Thriveni Earthmovers Pvt. Ltd. has been approved for setting up 30 MTPA underground Slurry Pipe Line, with a total investment of Rs. 948.90 crores, which will create employment opportunities for 217 people.

The SLSWCA has also been approved the proposal of M/s CDET Explosives industries Pvt. Ltd. For setting up a manufacturing facility for cartridge explosives, bulk emulsion explosives, detonating fuse and caste boosters of capacity 45,300.00 MT per annum, with an investment of Rs. 55 crore and it will provide an additional employment opportunities for 177 people.

Another proposal of M/s Apeejay Logistics Park Ltd. has been approved to set up an expansion of existing Logistics Park at Kalinga Nagar, with an investment of Rs. 50 crore, which will create employment opportunities for 90 people.
–India News Stream

IAF aircraft’s emergency landing facility on NH 16 activated

New Delhi: Indian Air Force (IAF) fighter and transport aircraft carried out operations on an Emergency Landing Facility (ELF) airstrip on National Highway 16, near Addanki in Bapatla district in...

PM Modi inaugurates 15 airport projects worth Rs 9,800 cr, emphasises on infrastructural growth

New Delhi: Prime Minister Narendra Modi on Sunday inaugurated and laid the foundation stone for a series of ambitious airport projects across India, with a combined value exceeding Rs 9,800...

PM Modi inaugurates Terminal T3 of Chaudhary Charan Singh International Airport

Lucknow: Prime Minister Narendra Modi on Sunday inaugurated the integrated Terminal 3 (T3) of the Chaudhary Charan Singh International Airport (CCSIA), built at a cost of Rs 2,400 crore. Terminal...

PM Modi inaugurates, lays foundation of projects worth Rs 55,600cr in 6 NE states

Itanagar: Prime Minister Narendra Modi, virtually from Itanagar, inaugurated 123 key developmental projects including the ambitious Sela Tunnel project in Arunachal Pradesh. PM Modi also laid the foundation stone of...

PM Modi virtually inaugurates Kochi Metro’s latest terminal, marking completion of 1st phase

Kochi: Prime Minister Narendra Modi on Wednesday morning virtually inaugurated Kochi Metro’s Tripunithura terminal from Kolkata. This marks the completion of the first phase of the Kochi Metro from Aluva...

Hyderabad to get new identity with CARO: PM Modi

Sangareddy (Telangana): Prime Minister Narendra Modi said on Tuesday that Hyderabad and Telangana will get a new identity with the Civil Aviation Research Organization (CARO) Centre. He said the first...

‘India has eliminated extreme poverty,’ claims US think-tank; says ‘decline in 11 yrs comparable to past 30 yrs’

New Delhi: India has eliminated extreme poverty and is now ‘eligible’ to move to a higher poverty line, claimed Brookings, a US-based think-tank, in its report. Citing a comprehensive set...

World Bank approves $452 mn for Assam to improve connectivity in rural areas

New Delhi: The World Bank’s Board of Executive Directors on Saturday announced a new programme of $452 million to support Assam to improve connectivity for over 1.8 million people living...

Projects worth Rs 48K crore to create 14,000 jobs in Ayodhya, Varanasi, Mathura

Lucknow: The Yogi Adityanath government in Uttar Pradesh is set to transform the three major centres of Hindu faith -- Ayodhya, Kashi and Mathura -- into prominent cities for employment....

India’s rural-urban income gap declines sharply amid fall in poverty level: SBI Report

New Delhi: Along with the sharp decline in poverty in India, there has also been a marked reduction in the rural-urban income divide in the country, according to an SBI...

PM Modi inaugurates AIIMS Rajkot, throws open India’s longest cable-stayed bridge in Gujarat

Rajkot: Prime Minister Narendra Modi on Sunday inaugurated the All India Institute of Medical Sciences (AIIMS) facility here in Gujarat. Health Minister Mansukh Mandaviya was present at the inauguration ceremony....

PM Modi in Jammu, inaugurates multiple projects worth Rs 32,000 cr

Jammu: Prime Minister Narendra Modi arrived here on Tuesday to begin his daylong visit to J&K. He launched multiple development projects worth over Rs 32,000 crore and also distributed appointment...

Read Previous

EUR 150 mn to come from EIB for green infrastructure projects in Southeast Asia

Read Next

Scenic Dharamshala to have Vivanta hotel

Leave a Reply

Your email address will not be published.

WP2Social Auto Publish Powered By : XYZScripts.com