The State Government on Wednesday approved seven investment proposals worth Rs 3,205.67 crore in metal and metal downstream, infrastructure, tourism and cement sectors, which is likely to generate employment for 2,494 people.
The proposals were Okayed at the 94th State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Asit Tripathy. Industries Principal Secretary Hemant Sharma outlined the project proposals.
The proposls included that of MGM Minerals for expansion of its project by setting up 0.125-MTPA sponge iron plant, 0.6-MTPA pellet plant, 0.25-MTPA MS billets, 0.25-MTPA TMT and wire rods plant and 40-MW power plant in Dhenkanal with an investment of Rs 801.89 crore and employment scope to 1,215 people.
A proposal of GM Iron and Steel Company for expansion of its project by setting up 0.8-MTPA pellet plant, 0.2379-MTPA DRI plant, 0.195 MTPA billet plant, etc,, with an investment of Rs 607.52 crore and job opportunities for 592people was also approved.
A proposal of Envirocare Infrasolution for an iron ore beneficiation plant of 3.6-MTPA capacity at Koira in Sundargarh with an investment of Rs 60 crore and employing around 175 people also got through.
A proposal of Hindalco for a flue gas desulphurisation plant for its CPP at Lapanga, Sambalpur, with an investment of Rs 696 crore providing jobs for 50 people was also approved.
Approvals were accorded to a proposal of Lifeline Multi-ventures Ltd for a 5-star hotel in Bhubaneswar with an investment of Rs 150.38 crore and providing job opportunities for 240 people; a proposal of JSW Cement for expansion of cement grinding capacity at Kalinganagar, Jajpur, with an investment of Rs. 489.88 crore; Jajpur Cements Ltd's expansion of cement grinding capacity at Kalinganagar with an investment Rs 400 crore and employment opportunities for 154 people.