The Odisha Government has approved 11 investment proposals worth INR 2,082 crore. Odisha Government’s State Level Single Window Clearance Authority said that the projects are employment intensive in sectors like steel downstream, tourism, IT and ESDM. These include several steel projects of Konark Ispats, ASL Enterprises, PSPL Steel Processors, Khetan Udyog & IFGL Refractories.The government has approved a proposal by Konark Ispat Limited to set up a 150,oo tonnes per annum rolling mill, 0.6 million tonne per annum pellet plant, coal gasification unit and a 10 MW coal based captive power plant in Jharsuguda district. The company proposed to invest INR 379 crore for the project.ASL Enterprises’ project to construct a 500,000 tonnes per annum rebar plant has been approved by the Odisha government.PSPL Steel Processors Limited will construct a 100,000 tonnes per annum capacity for production of downstream products of hot rolled coil like fabricated structures and products for national transporter Indian Railways.Khetan Udyog Limited will construct a downstream steel processing unit for the cutting, slitting, blanking and stamping of steel productsIFGL Refractories Limited for expansion of its project at the Kalunga Industrial Estate in Sundergarh district at a cost of INR 66 crore was also approvedOdisha has also given its nod to the National Aluminium Company Limited to set up a 3.5 million tonne per annum over land conveyer corridor in Pottangi in Koraput district with an investment of INR 732 crore
The Odisha Government has approved 11 investment proposals worth INR 2,082 crore. Odisha Government’s State Level Single Window Clearance Authority said that the projects are employment intensive in sectors like steel downstream, tourism, IT and ESDM. These include several steel projects of Konark Ispats, ASL Enterprises, PSPL Steel Processors, Khetan Udyog & IFGL Refractories.The government has approved a proposal by Konark Ispat Limited to set up a 150,oo tonnes per annum rolling mill, 0.6 million tonne per annum pellet plant, coal gasification unit and a 10 MW coal based captive power plant in Jharsuguda district. The company proposed to invest INR 379 crore for the project.ASL Enterprises’ project to construct a 500,000 tonnes per annum rebar plant has been approved by the Odisha government.PSPL Steel Processors Limited will construct a 100,000 tonnes per annum capacity for production of downstream products of hot rolled coil like fabricated structures and products for national transporter Indian Railways.Khetan Udyog Limited will construct a downstream steel processing unit for the cutting, slitting, blanking and stamping of steel productsIFGL Refractories Limited for expansion of its project at the Kalunga Industrial Estate in Sundergarh district at a cost of INR 66 crore was also approvedOdisha has also given its nod to the National Aluminium Company Limited to set up a 3.5 million tonne per annum over land conveyer corridor in Pottangi in Koraput district with an investment of INR 732 crore
