Odisha approves investment of Rs.26,000 Crores that aims to generate employment opportunities
स्रोत: News Bharati English      तारीख: 01-Mar-2017

Bhubaneswar, March 1: Odisha gave approval to around 14 projects which aims to foster employment and create job opportunities. The State government approved for investment of Rs.26,000 Crores. A meeting of the single window authority was chaired by Chief Secretary Aditya Padhi where these projects got approval from the state government.Neyveli Lignite Corporation (NLC), a Navratna PSU has proposed to set up a thermal power plant at Tureikela in Jharsuguda district with an investment of Rs 11,785.8 crore.

The state government has approved investment of Rs 26,000 crore," an official said adding that these 21 projects will provide employment to around 17,500 people. The official said that the investment has come to the state in apparel, metal, pharmaceutical, chemical, food processing, power, renewable energy, and tourism and fertilizer sector.

Utkal Alumina has proposed to set up a metal industry at Doraguda in Rayagada district with an investment of Rs 986 crore. The other project proposals includes Hindalco Industries' with investment of Rs 150.9 crore and Sadipali Solar's investment of Rs 121 crore under solar energy sector in Sambalpur and Bolangir districts respectively. Grasim Industries and Jayashree Chemicals have also proposed to set up chemical plants at Chhatrapur in Ganjam district with an investment of Rs 110 and Rs 100 crore respectively.

Stating that there has been remarkable progress in conversion of the intent to invest to real investment projects in the state, the official said that the state's handholding support and regular follow up has yielded results in terms of investment. A total number of 33 projects with investment potential of more than Rs 29,000 Crores have been mobilized after the Make In Odisha conclave, he said adding that all these units will together generate employment potential for more than 33,000 people.