Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Industry News

| More

Government of Odisha approves 9 new industrial projects worth INR 2570.54 Crore at the 100th SLSWCA meet

Posted On: 2021-04-29 06:05:13 (Time Zone: UTC)


The 100th meeting of the State Level Single Window Clearance Authority (SLSWCA) held today under the chairmanship of Shri Suresh Chandra Mahapatra, (IAS) Chief Secretary of Odisha, approved 9 industrial projects to the tune of INR 2570.54 crore in Metal and Metal downstream, Manufacturing, Plastic, Cement, Chemical and Food Processing sectors. These industrial projects are further expected to create employment opportunities for 2755 persons in the state.

The details of the nine projects for which in-principle approval was accorded by SLSWCA is listed below:

- A 15 MTPA Beneficiation plant in two phases by M/s Amalgam Resources Private Limited against an investment of INR 882 crore to be set up in Joda, Dist- Keonjhar, which will generate potential employment opportunities for over 702 persons.

- A 3 MTPA Iron Ore Satellite Grinding Unit and 3 MTPA Slurry Pipeline along with return water pipeline by M/s Ardent Steel Limited against an investment of INR 80.5 crore to be set up in Banspal, Dist- Keonjhar, which will generate potential employment opportunities for over 60 persons.

- A Manufacturing unit for razor shaving blades of 45 crore units annual capacity and disposable razors of 3 crore units annual capacity by M/s Safe Lancet Engineering Private Limited against an investment of INR 100 crore to be set up in Khordha, which will generate potential employment opportunities for over 90 persons.

- An 8,75,000 MTPA capacity Integrated Carbon Complex in two phases by M/s. Epsilon Carbon Ashoka Pvt. Ltd. against an investment of INR 900 crore to be set up in Rengali, Dist- Sambalpur, which will generate potential employment opportunities for over 600 persons.

- A 120 TPD Chloro-Alkali Complex by M/s. Orient Paper and Industries Limited against an investment of INR 162 crore to be set up in Brajrajnagar, Dist- Jharsuguda, which will generate potential employment opportunities for over 338 persons.

- Grain-based distillery unit of capacity 200 KLPD for manufacturing of Ethanol and an IMFL bottling unit of capacity 1.50 lakh cases per annum along with 5.00 MW co-generation power plant to be implemented in two phases by M/s Coastal Biotech Private Limited against an investment of INR 200 crore to be set up in Gajapati, which will generate potential employment opportunities for over 400 persons.

- An Integrated common hazardous waste treatment, storage and disposal facility by M/s Ramky Enviro Engineers Ltd. against an investment of INR 128.80 crore to be set up in Burujuguda, Dist- Rayagada, which will generate potential employment opportunities for over 50 persons.

- Manufacturing unit for production of AAC Blocks & Cement sandwich panels having capacity of 1,50,000 meter3 & 3240 meter3 per annum by M/s HIL Limited against an investment of INR 63.24 crore to be set up in Balasore, which will generate potential employment opportunities for over 265 persons.

- Manufacturing unit for production of Mattress & Fibre Pillows having combined capacity of 7,00,000 nos per annum by M/s Centuary Fibre Plates Private Limited against an investment of INR 54 crore to be set up in Khordha, which will generate potential employment opportunities for over 250 persons.

Odisha has considerably improved the production of steel and other metals and metal downstream materials over the years. These Industries are now supplying oxygen to various states amid an acute shortage of medical oxygen.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com


Other Headlines:

CRISIL awards highest grading to Muthoot Microfin for fourth consecutive year

Tata Capital introduces Digital 'Loan Against Mutual Funds'

India Post Payments Bank in Strategic Alliance with Tata AIG General Insurance for Non-Life Insurance Products

JLL names Indian-origin Siddharth Taparia as Chief Marketing Officer

PharmEasy to hire 200+ engineers and launch New Development Centres in Hyderabad, Pune & NCR

Kotak Special Situations Fund invests Rs 1000 crore in TVS Supply Chain Solutions Limited & promoters of TVS Family

SBM Bank India collaborates with Lendingkart to market unique tailormade Overdraft facility

SBM Bank India Collaborates with OneCard to extend mobile-based credit cards

SVC Bank appoints Mr. Ashish Singhal as Managing Director

Liberty General Insurance offers special Travel Insurance for flight bookings on Yatra

India Ratings upgrades Muthoottu Mini Financiers debts instruments Ratings

BANKIT expects Rs 30,448-cr gross transaction value in current fiscal

Muthoottu Mini's NCD Public Issue Open, Effective Annualized Yield up to 10.47%*

Flipkart Wholesale plans to more than triple footprint in India by December to serve Kiranas

Go First, strengthen global presence through partnership with WorldTicket and Discover the World

Paytm Insurance Broking has 11.3 million customers who bought over 31 million insurance products

CreatorStack raises US$ 2mn in seed, led by Accel

Go First inducts 49th Airbus A320Neo Aircraft to its fleet

India INX expands product portfolio and permit trading in international stocks

Yamuna International Airport Pvt Ltd achieves financial close for Noida International Airport development

Tribal Women of Raj Uphaar Power Go First's New In-Flight Menu

BOI AXA Investment Managers appoints CEO

Revery raises US$2 million in pre-seed funding led by Sequoia Capital India

JLL launches residential property portal JLLHomes.co.in

Bharat Biotech's ROTAVAC 5D® Receives WHO Prequalification

B2B FMCG wholesale platform Apnaklub raises US$3.5 million in funding from Sequoia Capital India's Surge

Snapdeal's fashion sales up 210% in 2021

Strata raises $6 million in Series-A funding led by Kotak Investment Advisors, Gruhas Proptech, Sabre Investments and existing investors

Home Credit India is now Great Place to WorkR 2021 Certified

Housing sales may see a spurt of 20-35 % in the upcoming monsoons months: JLL

Meesho Becomes the First E-commerce Marketplace to Offer Zero Percent Commission to Sellers

Media processing company Gumlet raises USD$1.6 million in funding led by Sequoia Capital India's Surge

Fino Payments Bank's QR code based UPI solution to drive P2M digital payments

CM Naveen Patnaik performed Inauguration/ Ground-breaking of 14 industrial projects worth INR 1,537.07 Crore

GO FIRST Marks a stellar growth in market share to 8.3%

Vikram Solar becomes India's largest module manufacturer with upto 2.5 GW capacity

Sales share of Noida and Greater Noida in NCR was 49% in H1 2021: Report

Light Microfinance garners US$ 10 million in Series-A funding

Zurich Airport International AG signs shareholder agreement for the development of Noida International Airport

Alstom begins manufacturing of modern commuter & transit trains for Delhi-Ghaziabad-Meerut RRTS project

FedEx Express and Delhivery Come Together to Unlock Cross-Border Potential in India

Bridgeweave launches AI-powered InvestorAi - Your Personal Investment Analyst

TO THE NEW becomes a Partner of Google Cloud Platform

RAIN Technologies proudly launches RAIN TRADER, a marketplace for fully automated, algorithmic investing and trading models

Safexpress launches its 62nd ultra-modern Logistics Park in Navi Mumbai

DBS Bank India grows profitability despite impact from amalgamation of Lakshmi Vilas Bank

Green Soul raises Rs 1.5 Cr in revenue-based financing from Velocity

Liberty General Insurance Launches #Liberty365

CapitaLand launches second S$400 million logistics private fund in India

SBM Bank India collaborates with Drip Capital to empower MSME Exporters


Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2020