Odisha approves 10 projects worth Rs 2171 cr; Renewable energy, ethanol in focus

State Level Single Window Clearance Authority (SLSWCA) meeting held on Saturday under the Chairmanship of Chief Secretary Suresh Chandra Mahapatra accorded in-principle approval to 10 industrial investment proposals envisaging investment of around Rs 2171.82 crores and direct employment opportunities for 5,242 persons in the state.

Besides, the projects will create many more indirect employment opportunities and will enhance economic activities in different parts of the State.

Giving an in-principle nod to the proposals, Chief Secretary Mahapatra directed the IDCO to do a scientific assessment of the real requirement of land and water for the units for optimizing the land use. Concerned departments were also asked to facilitate early grounding of the projects through expeditious clearances and approvals.

Presenting details of the investment proposals, Principal Secretary, Industry, Hemant Kumar Sharma said, “The Proposals are mainly from the sectors like cement grinding, ethanol production, food processing, tourism, coal tar and renewable energy”.

He outlined the financial and technical credibility of the industrial houses that submitted the proposals. MD of the Industrial Promotion & Investment Corporation of Odisha (IPICOL), Bhoopinder Singh Poonia presented project-wise details for discussion.

ET Energy World
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