MGM Resorts Pvt Ltd.’s 5-Star Hotel Hyatt Regency to come up in Puri New Marine Drive Road Odisha

5-Star Hotel Hyatt Regency to come up in Puri New Marine Drive Road Odisha

Suresh Chandra Mahapatra, the Chief Secretary of Odisha, presided over the 113th meeting of the State Level Single Window Clearance Authority (SLSWCA) of the government of Odisha.

In-Depth Details about MGM Resorts Pvt Ltd.’s 5-Star Hotel Hyatt Regency to come up in Puri New Marine Drive Road Odisha:

Pankaj Mohanty led M/s MGM Resorts Pvt. Ltd.’s five-star Hotel Hyatt Regency with an investment of Rs 180 Crores, and the committee authorized it. The New Marine Drive Road in Puri will see the development of the project.

Additionally, the committee authorized nine industrial projects totaling Rs. 1923.60 crores that will provide work opportunities for more than 5,170 residents of the state. Odisha will see the implementation of the approved projects, with 4 of them going up in Khordha and 1 each in Puri, Jagatsinghpur, Kendrapada, Balasore, Keonjhar, and Angul.

The committee also approved M/s Oil India Limited’s oil and gas exploration facilities at Patkura, Kendrapada, and Astaranga, Puri, each with an installed capacity of 10KLPD. OIL would invest more than Rs 108 crores in the state, creating jobs in these two places for more than 115 people.

The SLSWCA approved M/s Luminous Power Technologies Private Limited’s request to establish a manufacturing facility for advanced technology, environmentally friendly batteries in Angul Aluminum Park with a proposed investment of Rs 481 Crores, creating employment for more than 1,150 people in the state.

The request of M/s Silox India Private Limited to establish a chemical manufacturing facility in the Paradeep Industrial Area received approval from the committee. The unit is anticipated to produce 2000 MTPAZinc and 25.000 MTPA of sodium formaldehyde sulphoxylate.

Formaldehyde Sulphoxylate and 15000 MTP Cobalt, Nickel, Magnesium, Lithium, and Zinc Metal Salts. The unit is being built with a 500 crore rupee investment, and it would likely provide jobs for around 800 people in the state.

The committee also authorized M/s Happiest Minds Technologies Limited’s investment of Rs 265 crore in the construction of a software development facility supplying IT services at O-Hub in Info-valley SEZ, Bhubaneswar. Over 1500 highly skilled job opportunities are anticipated to be generated by the project in the state.

The Rs 150 crore aqua feed manufacturing facility with an annual capacity of 1,80,000 MT proposed by M/s IFB Agro Industries Limited was also authorized by the committee in the agro and food processing sector. A potential workforce of around 270 people is anticipated for the project, which would be located in Balasore’s Somanathpur Industrial Estate.

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