The of State-level Single Window Clearance Authority (SlSWCA) on Tuesday approved five investment proposals together worth Rs 328 crore, which will help create employment opportunities for a total of 1,674 people.
The SlSWCA met under chairmanship of Chief Secretary AP Padhi approved a manufacturing unit that would produce 35,000 tonnes aluminium alloy conductors as well as alloy wires and rods at the Angul Aluminium Park. The unit would invest Rs 75 crore and create direct and indirect employment for 425 people.
Similarly, another such unit was approved by the SlSWCA. The unit would produce 33,500 tonnes per annum aluminium and alloy downstream products at the same Angul Aluminium Park . It would invest Rs 56.87 crore and provide employment to 250 people.
To support downstream players at the Angul Aluminium Park, the State Government is giving a discount of Rs 10 lakh per acre towards land cost, while NAlCO is offering a price discount of Rs 4,000 per tonne on aluminium ingots and Rs 5,000 per tonne on molten metal.
Besides, a proposal of poultry processing plant at Khordha industrial area and poultry pellet feed plant at Sea Food Park, Deras were approved. Another pellet feed plant would come up at Bhadrak by the same firm with an investment of Rs 50.27 crore. The three units, together, would provide employment to 486 people.
SlSWCA also cleared a proposal to set up 30,000 tonne per annum vegetable oil manufacturing unit at Khordha industrial area. The project is proposed to come up at Rs 91.45 crore and to create employment for 384 people.
A proposal related to setting up a four-star hotel at Cuttack with an investment of Rs 54.50 crore was also given nod. The project will create an employment opportunity for 129 people.