Projects worth Rs 74 billion, including Adani’s alumina project, are approved in Odisha

Adani's alumina project

The Adani Enterprises Limited Alumina Refinery, which will create jobs for over 24,047 people in the state, and other large industrial projects totaling 74,620.18 crores received in-principle clearance from the Odisha government.

Details on Projects worth Rs 74 billion, including Adani’s alumina project, are approved in Odisha

The projects approved by the state government during the meeting of the High-Level Clearance Authority Committee, which was presided over by Chief Minister Naveen Patnaik, were mostly in the infrastructure, metal & metal downstream, and green hydrogen and green ammonia sectors.

The ten megaprojects include Goutam Adani’s intention to invest Rs 41,653 crore in the construction of a 175 MW CPP Plant and a 4.0 MTPA Alumina Refinery at Kashipur in the Rayagada area. More than 7,750 people will have employment prospects thanks to the project.

The ReNew EFuels Private Limited (REFPL) proposal to build green hydrogen (capacity: 20 KTPA) and green ammonia plant (capacity: 100 KTPA) in Paradip, Jagatsinghpur district, at a cost of Rs 2,000 crore, which will create employment opportunities for 2,000 people, was also approved by the committee.

According to Industries Secretary Hemant Sharma, the construction of these plants will have a practical environmental impact because they will produce ammonia and hydrogen from renewable resources to meet the needs of the steel and fertilizer industries in Odisha.

The committee approved Tata Steel Limited’s (Growth Shop) request to build a 60,000 MT industrial structure and 6,000 MT steel plant equipment facilities at an investment of Rs 1,000 crore, creating jobs for around 2,451 people.

The development of downstream units in the metal industry, which offers short-, medium-, and long-term interventions to accelerate the business ecosystem for downstream units in the metal sector, would benefit significantly from this, the source said.

The panel also approved the construction of a 2.5 MTPA steel mill and a 370 MW CPP by Orissa Alloy Steel Pvt Ltd at Kalinga Nagar, Jajpur district, for an investment of Rs 8,000 crore, creating jobs for 5,000 people.

For an expenditure of Rs 7,811 crore, Sompuri Infrastructures Private Limited’s proposal to build a 24 MTPA pellet plant and a 6 MTPA filter cake factory at Dhamra in the Bhadrak district was approved. This project will create employment possibilities for over 684 persons.

With investments of Rs 4,592.18 crore and Rs 3,674 crore, the company plans to build a 30 MTPA Beneficiation plant at Deojhar, in the Keonjhar district, and a 30 MTPA Slurry Pipeline connecting it to the proposed Pellet plant at Dhamra, in the Bhadrak district. These projects will provide jobs for 250 and 600 people, respectively.

Aarti Steels Limited received approval to expand its steel mill at Athgarh in the Cuttack district by adding 3,20,833 TPA SMS, 3,00,000 TPA Special Steel Bars and Rods (auto-grade), 75,000 TPA Ferro Alloys, 2 MTPA Beneficiation, 1.2 MTPA Pellet Plant, and 65 MW CPP at a cost of Rs 3,000 crore.

More than 3,587 people will be employed as a result of the proposed project. According to the official, this project will make it easier for manufacturers of auto components to access raw materials.

The proposal from ArcelorMittal Nippon Steel India Limited to build a 6 MTPA Beneficiation Plant at Village Dalki and a 12 MTPA Slurry Pipeline from the proposed Beneficiation plant at Dalki to Dabuna Slurry pumping station unit in Dalki, Keonjhar district at an investment of Rs 1,490 crore was also approved by the committee. This project will create 600 jobs.

With an investment of Rs 1,400 crore, a proposal from Rungta Metals Private Limited (RMPL) to build a 0.5 MTPA integrated steel plant in Rairangpur, Mayurbhanj district, that may employ 1,125 people, was approved.

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