+
Odisha Government Approves 26 Investment Projects
ECONOMY & POLICY

Odisha Government Approves 26 Investment Projects

The Odisha government approved 26 investment projects worth Rs 59.93 billioin, expected to create employment for over 19,000 people. The State Level Single Window Clearance Authority (SLSWCA), led by Chief Secretary Manoj Ahuja, sanctioned projects across various sectors including steel, chemicals, renewable energy, textiles, manufacturing, packaging, food processing, IT, infrastructure, and tourism.

These projects will be implemented in 14 districts: Mayurbhanj, Sundargarh, Sambalpur, Kendujhar, Ganjam, Jagatsinghpur, Khurda, Jharsuguda, Boudh, Koraput, Balasore, Cuttack, Bhadrak, and Puri.

Key Approved Projects:

GM Iron and Steel Company Limited: Establishing a 0.23 million tonne per annum (MTPA) integrated steel plant and a 45 MW captive power plant in Mayurbhanj with an investment of Rs 7.45 billion. Shyamshakti Metals Pvt Ltd: Setting up a structural and pipe manufacturing unit in Rengali, Sambalpur, with an investment of Rs 6.5 billion. Shree Ganesh Metaliks Limited: Expanding its integrated steel plant in Sundargarh with a projected cost of Rs 6.4 billion. Bhaskar Steel and Ferro Alloy Pvt Ltd: Investing Rs 5.3 billionin their project. Times Steel And Power Pvt Ltd: Investment of Rs 4.32 billion. Aryan Ispat and Power Pvt Ltd: Project worth Rs 3.23 billion. SSAB Energy and Minerals Ltd: Investing Rs 2.12 billion.

Chemical Sector Projects:

Eternis Fine Chemicals Ltd: Investment of Rs 3 billion. Odisha Chemtech Pvt Ltd: Rs 1.49 billion investment. Indian Explosives Pvt Ltd: Project worth Rs 546 million. Renewable Energy Sector:

Envirocare Infrasolution Private Limited: Setting up a 100 MW ground-mounted solar photovoltaic captive power plant in Boudh with an investment of Rs 3.51 billion.

Solisys Solar Pvt Ltd: Investing Rs 595 million to establish a manufacturing facility for solar modules in Khurda. These projects are set to boost the economy and generate substantial employment opportunities across the state, marking a significant step in Odisha's industrial and infrastructural development.

The Odisha government approved 26 investment projects worth Rs 59.93 billioin, expected to create employment for over 19,000 people. The State Level Single Window Clearance Authority (SLSWCA), led by Chief Secretary Manoj Ahuja, sanctioned projects across various sectors including steel, chemicals, renewable energy, textiles, manufacturing, packaging, food processing, IT, infrastructure, and tourism. These projects will be implemented in 14 districts: Mayurbhanj, Sundargarh, Sambalpur, Kendujhar, Ganjam, Jagatsinghpur, Khurda, Jharsuguda, Boudh, Koraput, Balasore, Cuttack, Bhadrak, and Puri. Key Approved Projects: GM Iron and Steel Company Limited: Establishing a 0.23 million tonne per annum (MTPA) integrated steel plant and a 45 MW captive power plant in Mayurbhanj with an investment of Rs 7.45 billion. Shyamshakti Metals Pvt Ltd: Setting up a structural and pipe manufacturing unit in Rengali, Sambalpur, with an investment of Rs 6.5 billion. Shree Ganesh Metaliks Limited: Expanding its integrated steel plant in Sundargarh with a projected cost of Rs 6.4 billion. Bhaskar Steel and Ferro Alloy Pvt Ltd: Investing Rs 5.3 billionin their project. Times Steel And Power Pvt Ltd: Investment of Rs 4.32 billion. Aryan Ispat and Power Pvt Ltd: Project worth Rs 3.23 billion. SSAB Energy and Minerals Ltd: Investing Rs 2.12 billion. Chemical Sector Projects: Eternis Fine Chemicals Ltd: Investment of Rs 3 billion. Odisha Chemtech Pvt Ltd: Rs 1.49 billion investment. Indian Explosives Pvt Ltd: Project worth Rs 546 million. Renewable Energy Sector: Envirocare Infrasolution Private Limited: Setting up a 100 MW ground-mounted solar photovoltaic captive power plant in Boudh with an investment of Rs 3.51 billion. Solisys Solar Pvt Ltd: Investing Rs 595 million to establish a manufacturing facility for solar modules in Khurda. These projects are set to boost the economy and generate substantial employment opportunities across the state, marking a significant step in Odisha's industrial and infrastructural development.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

NABARD Holds Seminar on Vigilance, Integrity and Good Governance

National Bank for Agriculture and Rural Development (NABARD) organised a seminar on “Vigilance: Strengthening Integrity and Good Governance” on 25 August 2026 at its Head Office in Mumbai as part of the ongoing Vigilance Awareness Campaign 2026 being observed from 17 August to 16 November 2026, with the theme “Probity for Prosperity."" The seminar was graced by Suresh N Patel, Former Central Vigilance Commissioner, Government of India, as the chief guest and keynote speaker.  The programme was attended by G S Rawat, Deputy Managing Director, Dr Ajay K Sood, Deputy Managing Dire..

Next Story
Equipment

XCMG Unveils World's First 14,000-Ton Ring Crane for Heavy Lifting

XCMG has announced that the first main unit of the world's first 14,000-ton ring crane has rolled off the production line, marking a historic breakthrough in ultra-heavy lifting technology. Jointly developed by XCMG and Sinopec Heavy Lifting & Transportation Co., Ltd., the crane will be the largest-capacity ring crane ever built, setting a new benchmark for major construction projects worldwide.The crane features a modular configuration comprising two main units that work in tandem. The first main unit has completed final assembly and can independently perform lifting operations. Once both..

Next Story
Infrastructure Urban

Thriveni Logistics orders 200 tip trailers from Jagdamba trailers

Jagdamba Trailers (JTPL), one of India’s growing trailer manufacturers, has secured a significant order for 200 Tip Trailers from Thriveni Transport and Logistics Pvt. Ltd., a leading mining and logistics company serving operations across India and overseas.The order, placed for iron ore transportation, is a major milestone for JTPL, particularly as the company secured the business after competing with more than 10 established trailer manufacturers. It also strengthens an already successful relationship between the two companies. Approximately one and a half years ago, Thriveni Transport and..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code