Govt of Odisha’s SLSWCA approves investment proposals worth Rs 609 crore
Metal, food processing and logistics are some of the industries that will spring up
The government of Odisha has approved five investment proposals in sectors like metal, food processing, and logistics & infrastructure worth over Rs 608.79 crore which would likely generate employment for 1,496 people in the 92nd State Level Single Window Clearance Authority (SLSWCA) meeting.
The investment proposals got the go-ahead at a State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Asit Kumar Tripathy at Lok Seva Bhawan, Bhubaneswar (Odisha) wherein Hemant Sharma, principal secretary, Industries outlined the project proposals for consideration.
The SLSWCA approved five planned projects which included the following:
*In a big boost to the state’s metal downstream sector, Reliable Sponge is looking at setting up an iron ore beneficiation plant of 2.5 mtpa and pellet plant of 2.0 mtpa, with an investment of Rs 250 crore and providing employment to about 250 people
*Growel Feeds will set up a shrimp/prawn feed and fish feed manufacturing facility, with an investment of Rs 65.82crore of capacity providing employment opportunities for 700 people
*In the logistics & Infrastructure sector, Sravan Shipping Services will be setting up a logistics park at Jadupur (Mahakalapada Block) Kendrapada District, with a total investment of Rs 100 crore and employing around additional 250 people
*The proposal of Chilika Distilleries to set up 110klpd grain based distillery plant, with an investment of Rs 99.97 crore will provide additional employment opportunities for 170 people
*SOM Distilleries & Breweries Odisha is looking at setting up 120klpd capacity distillery (grain based) unit, with an investment of Rs 93 crore and it will provide an additional employment opportunities for 126 people