Latest Project Updates
Rs.610 Million New Chemical Mfg. Unit in Balasore, Odisha
Executive Summary: A new tile adhesive manufacturing unit is planned for Balasore, Odisha, with an investment of Rs. 610 million. The project secured official approval from the State Level Single Window Clearance Authority in March 2026. This facility aims to bolster the regional construction chemicals market while creating new employment opportunities in the district.
Rs.2230 Million New Iron Ore Pallet Plant in Keonjhar, Odisha
Executive Summary: A massive industrial expansion in Keonjhar, Odisha, will upgrade an existing pellet plant to a 1.6 MTPA facility, including a 2 MTPA beneficiation plant and a 40 MW power plant. With an investment of Rs.10,300 million, the project was submitted for environmental clearance in March 2026. Construction is scheduled from December 2026 to December 2031.
Rs.53620 Million New All weather Multipurpose Port in Balasore, Odisha
Executive Summary: A new all-weather, deep-water multipurpose port is planned for Choumukh, Odisha, situated at the Subarnarekha River mouth. The Rs. 53,620 million project features advanced deep-draft berths and automated handling systems. Construction is set for January 2027 to December 2028, following the environmental clearance submission to state authorities as of March 2026.
Rs.28645 Million New Railway Line Project in Odisha
Executive Summary: A new 116.21 km railway line is being developed between Junagarh and Nabarangpur, Odisha, to connect Kalahandi, Nabarangpur, and Koraput districts. Budgeted at Rs. 28,645.1 million, the project aims to enhance regional logistics and passenger transit. Construction began in August 2025 and is slated for completion by August 2030, with environmental clearance currently under state review as of March 2026.
Expansion of TMT Bar Project in Sundargarh, Odisha
Executive Summary: A leading manufacturer is expanding its steel facility in Sundargarh, Odisha, boosting capacity from 9,600 TPA to 28,000 TPA. A further ₹17 million investment targets 42,000 MT/Y for structural steel and 15,000 MT/Y for MS Pipes. Having secured its Consent to Establish as of March 2026, the project will significantly enhance regional construction material supplies.
Refactories Expansion Project in Cuttack, Odisha
Executive Summary: A significant ₹461 million refractories expansion is underway in Cuttack, Odisha. The project will nearly double production capacity from 24,000 MTPA to 41,400 MTPA, focusing on high-grade magnesia carbon bricks for the steel and cement sectors. As of March 2026, the facility has secured environmental clearance, marking a key milestone in localized industrial manufacturing.
Rs.6186 Million New Silicon Carbide (SiC) Devices Mfg. Project in Khordha, Odisha
Executive Summary: A pioneering ₹6,186.2 million semiconductor facility is under development in InfoValley, Odisha, focusing on high-efficiency Silicon Carbide (SiC) technology. As of March 2026, the unit is preparing to produce 93,000 wafers annually, ranging from 4 to 6 inches. This strategic project aims to localize advanced power electronics for electric vehicles, renewable energy, and aerospace industries.
Poultry Feeds Mfg. Expansion Project in Khordha, Odisha
Executive Summary: A 42,000 MT/Annum poultry feed expansion is underway in the Jaymangal Industrial Estate, Khordha, Odisha. As of March 2026, the project has secured the Consent to Establish (CTE) from state pollution control authorities. This expansion aims to strengthen the regional livestock supply chain by producing high-quality feed using advanced pelleting technology and local agricultural surplus.
Rs.350 Million New Iron Ore Beneficiation Plant in Sundargarh, Odisha
Executive Summary: A mineral processing firm is investing ₹350 million in a new iron ore beneficiation plant in Sundargarh, Odisha. The facility features a high throughput capacity of 1.2 million TPA. Construction is scheduled to begin in October 2026, targeting a December 2028 completion. As of March 2026, the project is seeking environmental clearance from the SEIAA.
Rs.1340040 Million New Greenfield Integrated Steel Plant in Kendrapara, Odisha
Executive Summary: A major steel producer is investing ₹1.34 lakh crore to build a 14 MTPA integrated steel plant in Kendrapara, Odisha. The project includes a 24 MTPA pellet plant and a 9 MTPA cement unit. Currently seeking environmental clearance, construction is slated for 2027–2037. This mega-complex will drive regional industrialization and circular economy goals through massive value-added metallurgical production.