(BS)
Proposals to create employment opportunities for 27645 people in chemicals & petrochemicals and metal downstream sectors With the 5T initiative devised by the Odisha Govt, where transformation goals will be achieved through teamwork, transparency and technology enablers in a time-bound manner, industrialization is at its peak. This strategy has already started yielding encouraging results towards our industrial growth, where the Govt has approved five investment proposals envisaging an investment of Rs 204069 Crore in the 20th High Level Clearance Authority (HLCA) meeting held under the Chairmanship of Chief Minister, Naveen Patnaik in newly inaugurated Kharavel Bhavan conference hall today evening, wherein Sanjeev Chopra, Principal Secretary, Industries outlined the project proposals for consideration. This is the highest ever investment approved by the HLCA so far.
These proposals will create employment opportunities for 27645 people. All the proposals approved in the meeting belong to the focus sectors identified by the State Govt, i.e., Chemicals & Petrochemicals and Metal Downstream. In the metal downstream Sector, the HLCA approved the proposal of Jindal (India) to set up a Cold Rolling Complex of 0.50 MTPA and Steel Processing Plant at Kalinga Nagar Industrial Complex, Dist. Jajpur, with a total investment of Rs 1676 crore, providing employment to about 1300 people.
Another the proposal by Talcher Fertilizer to set up a Coal based Urea Fertilizer complex of capacity 1.99 MMTPA at Talcher, Dist- Angul with an investment of Rs 14732 crore, employing around 550 people were also approved.
