Latest Project Updates
Rs.7320 Million New Over Land Conveyer Corridor in Koraput, Odisha
Executive Summary: A new overland conveyor corridor with a capacity of 3.5 MTPA for the transportation of bauxite is set to be established in Pottangi, Koraput, Odisha at a cost of Rs.7320 million. The State Single Window Clearance & Monitoring Authority has approved the project, and work has begun. This is expected to improve operational efficiency, reduce costs, and create employment opportunities.
Rs.554 Million New Chrome Ore Benefication Plant in Jajpur, Odisha
Executive Summary: A leading metallurgical company known for its commitment to innovation and customer satisfaction is planning to build a new chrome ore benefication plant in Odisha, India. The new facility will have a capacity of 495,000 TPA and is expected to cost Rs.554 million. The project aims to enhance production and create job opportunities in the region. The company has applied for environmental clearance, which is currently underway.
New Mattress Mfg. Unit in Bhubaneswar, Odisha
Executive Summary: A company is planning to establish a new mattress manufacturing unit in Bhubaneswar, Odisha. The project aims to set up a modern manufacturing facility to cater to the growing demand for quality mattresses in the region. Pre-project activities, such as site selection and feasibility studies, are currently underway as of June 2022. The project is expected to generate employment opportunities and contribute to the local economy.
Rs.125 Million New Steel Strapping Mfg. Unit in Khurdha, Odisha
Executive Summary: A new steel strapping manufacturing unit is being planned in IA Jaymangal, Khurdha, Odisha with an estimated cost of Rs. 125 million. The foundation stone for the project was laid by the Odisha CM in June 2022.
Rs.1022750 Million New Steel Plant in Kendrapada, Odisha
Executive Summary: A company plans to build a 12 MTPA integrated steel complex in Kendrapada, Odisha, with an estimated cost of Rs.500000 million. The project has received approval from the State Single Window Clearance & Monitoring Authority and High-Level Clearance Authority of Odisha. The plant will produce longs, re-bars, wire rod flats, HRC & plates.
Rs.658 Million New Shrimp/Prawn Feed Mfg. Unit in Balasore, Odisha
Executive Summary: A new shrimp/prawn and fish feed manufacturing unit with a capacity of 113,000 MT is being set up in Balasore, Odisha. The project, which received investment approval in July 2020, has an estimated cost of Rs.658.2 million and had its foundation stone laid by the Odisha CM in June 2022.
Rs.1250 Million New Grain Based Ethanol Plant in Odisha
Executive Summary: A new grain-based ethanol plant with 100 KLD capacity and a 3.2 MW co-generation power plant will be established in Binodpur, Tehsil-Athamallik, Angul, Odisha. The project has received final environmental clearance from the Ministry of Environment and Forest in June 2022, and it is estimated to cost Rs.1250 million.
Rs.14440 Million Crude Stainless Steel Expansion Project in Jajpur, Odisha
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New Fish Paste Mfg. Project in Balasore, Odisha
Executive Summary: A new fish paste (Surimi) manufacturing project with a capacity of 12150 metric tons per year is being planned in Balasore, Odisha. The project is in the planning stage as of April 2022, and the foundation stone was laid by the Odisha Chief Minister in June 2022, indicating government support. The project is expected to boost the local economy and strengthen the seafood industry in India.
Rs.770 Million New 4 Star Hotel in Cuttack, Odisha
Executive Summary: A new 4-star hotel is planned to be built in Cuttack, Odisha with modern amenities and facilities, estimated to cost Rs. 770.4 million. The company has received necessary consent from state pollution control authorities in May 2022 for establishing the project.