The State Government in principle has cleared nine new investment proposals, including eight steel projects with an estimated Rs 1,991 crore and decided for benchmarking of land and water requirement for industries.
The projects were approved at the 46th meeting of the State-level Single Window Clearance Authority (SlSWCA) held at the State Secretariat under the chairmanship of Chief Secretary Jugal Kishore Mohapatra.
Talking to newsmen after the meeting, Industrial Promotion and Investment Corporation limited (IPICOl) CMD G Mathivathanam said that the investment proposals included eight steel projects worth Rs 1920.82 crore and a logistic park worth Rs 70 crore. The projects are targeted to be commissioned within next two years.
Giving details of the projects, Mathiavathnam said that the SlSWCA had given its nod to the proposal of Corporation of India limited (CONCOR) for development of rail linked container terminal and multi modal logistic park (MMlP) with proposed investment of Rs 70 crore.
Besides, the proposal of Essel Mining and Industries limited for setting up Rs 379 crore Pellet Plant of 1.20 MTPA capacity at Koida Tehsil of Bonai sub-division of Sundergarah district was cleared.
The other projects which received the nod of the SlSWCA include proposals of SKJ Ispat limited to set up 0.60 MTPA pellet plant at Didhakundi village under Champua Tehsil of Keonjhar district with investment of Rs 133 crore, Arya Integrated Steel Private limited’s 0.30 MTPA steel plant at Malada and Dhanurjayapur under Barbil Tehsil of Keonjhar district with proposed investment of Rs 546 crore, K K Pellets Private limited’s proposed 0.60 MTPA mini-steel plant at Sairapenth Mahadeijoda of Keonjhar district at around Rs 159 crore, Fortune Iron & Steel limited’s 0.60 MTPA pellet plant at Haridajodi under Jhumpura Tehsil of Keonjhar district at Rs 123 crore, Sushant Minerals Private limited’s 1.20 MTPA iron ore pelletisation plant at Sana Indupur and Bada Indupur under Koida Tehsil of Sundargarh district at Rs 220 crore, SSAB Energy & Minerals limited’s 3.00MTPA iron ore beneficiation plant and 1.8 MTPA pellet plant at Dhanurjaypur under Hormoto block in Keonjhar at Rs 248 crore and TS Alloys limited’s 60,000 TPA ferro alloys plant at Anantapur under Athagarh sub-division of Cuttack district at Rs 111 crore.
Since land acquisition and water allotment are two critical issues for the industries in the State, the Industrial Promotion and Investment Corporation limited (IPICOl) CMD said that the SlSWCA decided for benchmarking land and water allotment to the industrial houses. The issues relating to parking of vehicles by the industries on the roads and benchmarking of land and water requirement for proposed industries were discussed in the meeting. It was decided that the industries cannot park their transporting vehicles on State Highways and National Highways. Industries have to develop their own parking place, he said.
Among others, Development Commissioner Injeti Srinivas, Principal Secretary Water Resources Suresh Chandra Mohapatra, Energy and I & PR Secretary PK Jena, Secretary, Steel and Mines, Gudey Srinivas, CMD, IDCO Vishal Dev, Chairman and GRIDCO Hemanta Kumar Sharma participated.