The 32nd High-Level Clearance Authority (HLCA) meeting under Chief Minister Naveen Patnaik approved nine key industrial projects with a cumulative investment of Rs 1,01,804.43 crore and employment potential for 28,565 persons, on Monday. These projects would be established in Jagatsinghpur, Jajpur, Jharsuguda, Khordha, Bhadrak, Ganjam, and Koraput districts.
While the JSW Utkal Steel shall enhance its capacity from 12 MTPA to 24 MTPA at Jagatsinghpur with an investment of Rs 75,000 crore and employment potential for 12,000 persons, the Jindal Ferrous shall establish a 2.35 MTPA carbon steel plant at Kalinganagar, Jajpur, with an investment of Rs 3,449 crore and employment potential for 1,396 persons. The MSP Metallics shall set up a 1.39 MTPA steel plant, 251 MW CPP at Marakuta, Jharsuguda, with an investment of Rs1,500 crore and 4,000 jobs.
Similarly, the Avaada Electro shall establish a Rs 11,300 crore manufacturing facility for ingots, wafers, solar cells and modules at Khordha. The L&T Energy Green Tech shall set up Rs 1,030 crore worth green ammonia plant at Jagatsinghpur. The Berger Paints shall establish a manufacturing unit at Khorda. The Indian Oil Corporation shall set up a polyester manufacturing unit at Bhandaripokhari, Bhadrak. The IPetronet LNG Limited's LNG Terminal project shall be set up at Gopalpur while the Toshali Cement shall expand the clinker capacity to 1.75 MTPA and cement grinding capacity to 1.40 MTPA at Ampavalli, Koraput with an investment of Rs 1,383.72 crore.