SME Times is powered by   
Search News
Just in:   • Apparel industry urges Piyush Goyal to regulate cotton yarn exports amid price surge  • Govt kicks off preparations for Union Budget 2027-28, pre-Budget meetings from Oct 12  • Willing to negotiate with US but remains wary: Iranian President  • Kiren Rijiju to lead Indian delegation at 65th anniversary of NAM summit in Belgrade  • India-Kyrgyzstan relations witnessing a renaissance, PM Modi visit to open new avenues: Tourism Minister 
Last updated: 04 Aug, 2022  

Orissa map THMB Odisha govt approves 11 investment proposals of Rs 2,253cr

Orissa.jpg
   Top Stories
» Govt kicks off preparations for Union Budget 2027-28, pre-Budget meetings from Oct 12
» ‘Why India, why now’: FM Sitharaman pitches India as global investment and manufacturing hub
» ChatGPT to run ads in India for users of Free, Go tiers
» Indian SMEs in Qatar can channel for $10 bn investment pledge into growth-oriented projects: Envoy
» India, Morocco conclude 7th Joint Commission meeting; agree to boost trade and investments
IANS | 04 Aug, 2022
The Odisha government has approved 11 investment proposals worth Rs 2,253.15 crore which will create employment opportunities for 3,817 people, officials said on Thursday.

The state level single window clearance authority (SLSWCA) headed by Chief Secretary S.C. Mahapatra has approved the industrial projects from various sectors like aluminium downstream, steel, food processing, infrastructure, oil and gas, information technology, electronic system designing and manufacturing.

As most of the proposals are from downstream and manufacturing, the units will boost economic activities in their respective areas through generation of many indirect employment opportunities, said Hemant Sharma, principal secretary, industries.

The government has approved a proposal of Fedders Electric and Engineering Limited to set up an iron ore beneficiation plant in Sundargarh district at a cost of Rs 533.25 crore.

The proposal of Envirocare Infrasolution Pvt Ltd for establishment of a pellet beneficiation and ferro alloy plant in Sundergarh with an investment Rs 520 crore was also approved by the panel.

Similarly, Adani Enterprises Limited has proposed to set up a datacentre facility offering cloud hosting services at a cost of Rs 500 crore in Khurda district. This proposal was also approved by the SLSWCA of Odisha.

Among others, the government has approved an investment proposal of Rs 175.75 crore by Arya Iron and Steel Company Pvt Ltd during the meeting.

The chief secretary has asked concerned departments to provide proactive facilitation to the approved units for their early execution.
 
Print the Page
Add to Favorite
 
Share this on :
 

Please comment on this story:
 
Subject :
Message:
(Maximum 1500 characters)  Characters left 1500
Your name:
 

 
  Customs Exchange Rates
Currency Import Export
US Dollar
₹95.3
₹93.6
UK Pound
₹127.7
₹123.7
Euro
₹110.65
₹106.9
Japanese Yen ₹59.75 ₹57.9
As on 24 Jun, 2026
  Daily Poll
What’s your biggest challenge with the 45-day payment rule?
 Corporates canceling our orders
 Clients demanding longer credit anyway
 Strained business relationships
 Filing complaints kills future work
 No issues, cash flow has improved
  Commented Stories
 
 
About Us  |   Advertise with Us  
  Useful Links  |   Terms and Conditions  |   Disclaimer  |   Contact Us  
Follow Us : Facebook Twitter