Odisha Clears Rs.1.65 Trillion Industrial Projects
ECONOMY & POLICY

Odisha Clears Rs.1.65 Trillion Industrial Projects

The Odisha government’s High-Level Clearance Authority (HLCA), chaired by Chief Minister Mohan Charan Majhi, has approved 10 industrial projects worth Rs 1.65 trillion. The projects span key sectors, including steel, aluminium, power, green hydrogen, and engineering goods, and will generate 51,939 jobs across multiple districts.

Top Investments ???? Vedanta Ltd leads with Rs 915.2 billion investment in Rayagada:

Rs 505.3 billion for a 6 MTPA alumina refinery

Rs 409.9 billion for a 1.2 MTPA aluminium smelter

Total jobs: 15,900

???? JSW Steel Ltd secures the second-largest investment:

Rs 350 billion for a 5 MTPA integrated steel plant in Keonjhar, in collaboration with South Korea’s POSCO

Total jobs: 8,000

The projects are expected to boost Odisha’s industrial landscape while strengthening its role in India's green energy and metals sectors.

The Odisha government’s High-Level Clearance Authority (HLCA), chaired by Chief Minister Mohan Charan Majhi, has approved 10 industrial projects worth Rs 1.65 trillion. The projects span key sectors, including steel, aluminium, power, green hydrogen, and engineering goods, and will generate 51,939 jobs across multiple districts. Top Investments ???? Vedanta Ltd leads with Rs 915.2 billion investment in Rayagada: Rs 505.3 billion for a 6 MTPA alumina refinery Rs 409.9 billion for a 1.2 MTPA aluminium smelter Total jobs: 15,900 ???? JSW Steel Ltd secures the second-largest investment: Rs 350 billion for a 5 MTPA integrated steel plant in Keonjhar, in collaboration with South Korea’s POSCO Total jobs: 8,000 The projects are expected to boost Odisha’s industrial landscape while strengthening its role in India's green energy and metals sectors.

Next Story
Building Material

Enlight Metals Targets Rs 12 Billion Sales by FY27

Enlight Metals, one of India’s fastest-growing metal aggregators, has reported sales of over Rs 1.50 billion in FY25 and is on track to cross Rs 4 billion by March 2026. Backed by its technology-led distribution model, the company aims to achieve Rs 12 billion in sales by FY27, redefining steel supply for OEMs and industries across India.In the current fiscal year, Enlight has already supplied 40,000 metric tons of steel, underscoring rising industry reliance on its model. The company has set a target of 1,00,000 metric tons annually by FY25-26, supported by the expansion of its dark-store n..

Next Story
Infrastructure Urban

Mangalam Worldwide to Migrate to NSE Main Board Effective September 18

Mangalam Worldwide (MWL), a fully integrated stainless-steel manufacturer, has received final approval from the National Stock Exchange of India (NSE) to migrate its equity shares from the SME Platform (Emerge) to the Capital Market Segment (Main Board). The migration will take effect on September 18, 2025.The migration, involving 2,97,00,674 fully paid-up equity shares with a face value of Rs 10 each, marks a major milestone in MWL’s growth journey and reflects its strong business fundamentals and market confidence.Commenting on the development, Chandragupt Prakash Mangal, Managing Director..

Next Story
Infrastructure Urban

Aquajet Unveils Calculator 3.0 App

The revitalised app offers a comprehensive suite of tools that allow users to calculate critical values such as pressure, flow, nozzle size, hose pressure drop, removal capacity, pump configuration, and more. It also enables easy metric/U.S. conversions, while allowing users to save and share robot configurations for future reference.“We’re committed to empowering contractors with Hydrodemolition equipment that enhances precision, productivity and profitability,” said Roger Simonsson, Managing Director of Aquajet. “The Aquajet Calculator 3.0 app strengthens that commitment by helping u..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?