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Single window approval for Rs 25,500 crore investment proposals

Single window approval for Rs 25,500 crore investment proposals

Bhubaneswar: The state-level single window clearance authority (SLSWCA) today approved investment proposals worth Rs 25,474 crore.

Held under the chairmanship of Chief Secretary Aditya Prasad Padhi, a total number of 14 projects with investment potential of Rs 25474 crore and employment potential of 12,419 have been accorded in principle approval in the meeting.

As per sources, Neyvelli Lignite Corporation (NLC) would set up a thermal power plant at Tureikela in Jharsuguda district with an investment of Rs 11,785.8 crore. The proposed thermal power plant will generate employment for 1660 people, projects under renewable energy have the potential to create employment opportunity for 500 people.

Utkal Alumina has proposed to set up a metal industry at Doraguda in Rayagada district with an investment of Rs 986 crore. The project will provide employment to 3466 people out of which direct
employment to 816 people.

Pradeep Phosphates Limited (PPL) has proposed expansion of the fertiliser plant with an investment of Rs 9,459.17 crore. This will create jobs for 2,667 people.

The other project proposals include, Hindalco Industries’ 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. The two projects will generate employment for nearly 400 people.

Earlier during meeting held on January 31, the SLSWCA had sanctioned seven projects worth Rs 697 providing employment to around 17,500 persons.

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