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Odisha government approves three investment proposals worth Rs. 17,833 cr in core sectors
Bhubaneswar/IBNS: The Odisha government approved three investment proposals worth Rs 17,833 crore which is expected to create 6539 new jobs.
Chief Minister Naveen Patnaik took stock of the follow up of investment intents received during MIO 2016 & MIO 2018.
Principal Secretary Industries, Hemant Sharma, presented a roadmap for MIO 2020 which included outreach activities, industrial infrastructure development and policy interventions.
The HLCA approved the proposal of Hindalco Industries Ltd for setting up a 2 Million Ton per annum (MTPA) Alumina Refinery unit at- Kansariguda, District- Rayagada with a total investment of Rs. 8000 crore providing employment to about 4250 people.
It also approved the proposal of NTPC Ltd for expansion of thermal power plant capacity of Talcher Thermal Power Station, located at: Talcher, Dist: Angul with additional investment of Rs.7698.46 crores.
The proposal of Rungta Mines Limited (RML) to expand its Integrated Steel Plant from 0.27 MTPA to 0.9 MTPA capacity at village- Kamanda, District – Sundargarh with a total investment of Rs. 2135 crore providing additional employment of 2289 people was also approved by HLCA.
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