Odisha approves 8 investment proposals worth Rs. 1609 crore, to create 1450 jobs

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Bhubaneswar:  The Government of Odisha on Thursday approved eight more investment proposals worth Rs.1,609.49 crore. The clearance has been given at the 89th State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Asit Kumar Tripathy.
These proposals will create employment opportunities for 1450 people. The projects were approved in food processing, chemicals, plastics, tourism, steel downstream and Infrastructure.
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. 83.53croreproviding employment to about 294 people.

Another proposal of M/s RunayaMetsource LLP for Coal Tar Pitch (CTP) distillation unit of total 0.2 MMTPA capacity, with additional investment of Rs.211crores andemploying around additional 212people, has been approved.
In addition another proposal of M/s AstralPolytechnik Ltd. (Unit 2) for setting up HDPE and Thermoplastic pipes manufacturing unit of capacity 5,000 MT for additional investment of Rs. 60.06Crores has also been approved by the SLSWCA. It will provide an additional employment to around 150 people.
In the Tourism sector, project by M/s. ApeejaySurrendra Park Hotels Ltd. for expansionof its 5 star hotel with an investment of Rs. 150 Crores, has been approved which will provide employment for 150 peopleand another proposal by M/sKamat Hotels (India) Ltd. for expansion of its 5 star hotel, with an investment of Rs. 51 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 croreand 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.

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