Adani to build Rs 840 billion coal-to-chemical plant in Odisha

30 Oct 2025 CW Team

Adani Enterprises will establish a Rs 840 billion coal-to-chemical plant in Sundargarh district, Odisha, creating at least 36,000 jobs, according to a statement from the state government.

The project was among 12 major investment proposals worth Rs 1.42 trillion approved by the 42nd High-Level Clearance Authority (HLCA) chaired by Chief Minister Mohan Charan Majhi on Saturday. Together, these projects are expected to generate around 50,000 employment opportunities.

In total, the government approved 33 industrial projects valued at Rs 1.46 trillion, including 21 projects worth Rs 4.02 billion cleared by the Single-Window Committee headed by Chief Secretary Manoj Ahuja. The projects span 14 districts and cover diverse sectors such as IT, aerospace and defence, steel, aluminium, power, renewable energy, chemicals, semiconductors, and rare earth materials.

Among the key investments:

Jindal India Power Limited will set up an ultra-supercritical thermal power plant in Angul at a cost of Rs 140 billion.

ACME Akshay Energy Pvt Ltd will invest Rs 124.2 billion and Rs 23.4 billion in green methanol and green ammonia units in Kendrapara district.

CESC Green Power will invest Rs 45 billion in Dhenkanal to build a solar cell, module, and advanced battery component facility.

Hindalco Industries Limited has proposed an aluminium plant in Sambalpur worth Rs 105.2 billion.

UPL Limited will establish a specialty chemicals complex in Jagatsinghpur with Rs 40 billion.

Himadri Advance will invest Rs 26 billion in silicon carbon for anode manufacturing in Dhenkanal.

Pareek Innovative Solutions plans a titanium metal and titanium dioxide plant in Ganjam worth Rs 21 billion.

Following the HLCA meeting, Chief Minister Mohan Charan Majhi said Odisha had set a new benchmark under the “Double Engine – One Vision, Double Impact” approach. He emphasised that the trust shown by both Indian and foreign investors reflected the state’s strong policies, efficient governance, and vision for a self-reliant Odisha.

Majhi added that 330 projects worth Rs 7.7 trillion had been cleared over the past 500 days through HLCA and single-window mechanisms, expected to create 470,000 jobs across the state. Of these, 76 projects have already been fast-tracked, eight inaugurated, representing a combined investment of Rs 2.04 trillion and generating around 163,000 direct jobs.

Adani Enterprises will establish a Rs 840 billion coal-to-chemical plant in Sundargarh district, Odisha, creating at least 36,000 jobs, according to a statement from the state government. The project was among 12 major investment proposals worth Rs 1.42 trillion approved by the 42nd High-Level Clearance Authority (HLCA) chaired by Chief Minister Mohan Charan Majhi on Saturday. Together, these projects are expected to generate around 50,000 employment opportunities. In total, the government approved 33 industrial projects valued at Rs 1.46 trillion, including 21 projects worth Rs 4.02 billion cleared by the Single-Window Committee headed by Chief Secretary Manoj Ahuja. The projects span 14 districts and cover diverse sectors such as IT, aerospace and defence, steel, aluminium, power, renewable energy, chemicals, semiconductors, and rare earth materials. Among the key investments: Jindal India Power Limited will set up an ultra-supercritical thermal power plant in Angul at a cost of Rs 140 billion. ACME Akshay Energy Pvt Ltd will invest Rs 124.2 billion and Rs 23.4 billion in green methanol and green ammonia units in Kendrapara district. CESC Green Power will invest Rs 45 billion in Dhenkanal to build a solar cell, module, and advanced battery component facility. Hindalco Industries Limited has proposed an aluminium plant in Sambalpur worth Rs 105.2 billion. UPL Limited will establish a specialty chemicals complex in Jagatsinghpur with Rs 40 billion. Himadri Advance will invest Rs 26 billion in silicon carbon for anode manufacturing in Dhenkanal. Pareek Innovative Solutions plans a titanium metal and titanium dioxide plant in Ganjam worth Rs 21 billion. Following the HLCA meeting, Chief Minister Mohan Charan Majhi said Odisha had set a new benchmark under the “Double Engine – One Vision, Double Impact” approach. He emphasised that the trust shown by both Indian and foreign investors reflected the state’s strong policies, efficient governance, and vision for a self-reliant Odisha. Majhi added that 330 projects worth Rs 7.7 trillion had been cleared over the past 500 days through HLCA and single-window mechanisms, expected to create 470,000 jobs across the state. Of these, 76 projects have already been fast-tracked, eight inaugurated, representing a combined investment of Rs 2.04 trillion and generating around 163,000 direct jobs.

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