Latest Project Updates
Rs.3200 Million New Beverage Manufacturing Unit in Sundargarh, Odisha
Executive Summary: A new beverage manufacturing unit is planned in Sundargarh, Odisha, with an estimated investment of Rs. 3200 million. The project aims to boost regional production capacity and generate employment. As of July 2025, the initiative has received investment approval from the Odisha Government, marking a key step toward the commencement of construction and operational development.
Rs.3000 Million New Drone Park in Khurda, Odisha
Executive Summary: A new Drone Park is planned in Khurda, Odisha, featuring an integrated UAV ecosystem for research, development, manufacturing, and training. The project, with an estimated investment of Rs. 3000 million, has received investment approval from the Odisha Government as of July 2025.
Switches, Fuses, Etc Mfg. Project in Cuttack, Odisha
Executive Summary: A new electrical equipment manufacturing project is planned in IDCO Industrial Estate, PS Madhupatna, Cuttack, Odisha, focusing on producing 11 KV A.B. Switches (250/year), 33 KV A.B. Switches (100/year), and 33 KV Isolators (50/year), among other components. As of July 2025, the project has received consent from the state pollution control authorities for establishment.
New Iron Ore Pellets Mfg. Project in Sundargarh, Odisha
Executive Summary: An extensive steel expansion project in Kalunga Industrial Estate, Sundargarh, Odisha, includes upgrading various facilities like DRI plant, SMS plant, Captive Power Plant, Coal Washery, MBF, Rolling Mill, and Pellet Plant. The project, estimated at Rs. 6100 million, has obtained consent from state pollution control authorities. It aims to increase production capacity and has received environment clearance in November 2017.
Rs.2957 Million Sponge Iron Plant Expansion Project in Sundargarh, Odisha
Executive Summary: A sponge iron plant in Bonai, Odisha, plans to expand its capacity, produce steel billets and TMT bars, and generate 26 MW of power. The project has obtained final environmental clearance, marking a significant milestone for its implementation. Estimated cost: Rs. 2,840 million.
Rs.1270 Million New Billets Mfg. Project in Sambalpur, Odisha
Executive Summary: A new billets manufacturing project is planned in Pandloi, Block-Rengali, Sambalpur, Odisha, involving 4 x 12T induction furnaces with a capacity of 1,14,048 TPA over 16.38 acres. The estimated cost is ₹1,270.5 million. Construction is set to begin in July 2026 and finish by July 2027. Environmental clearance is under review as of July 2025.
Rs.650 Million New Wagon Tippler Installation Project in Cuttack, Odisha
Executive Summary: A new hot rolled coils (HRC) strip manufacturing project is planned in Cuttack, Odisha. The project targets 1 million tons of HRC, costing Rs. 2500 crores. It's in the planning stage as of June 2022, with an industrial entrepreneurs' memorandum filed. Environment clearance is pending. Expansion of existing facilities and installations like a 215 MW CPP and a 1500 TPH Wagon Tippler are included. State pollution control authorities have granted consent as of May 2024.
Rs.23060 Million New Floating Storage and Regasification Unit in Ganjam, Odisha
Executive Summary: A new Floating Storage and Regasification Unit (FSRU)-based LNG terminal and jetty is planned at Gopalpur Port in Badaputi, Chamakhandi, Ganjam, Odisha. The project, estimated at ₹23,060 million, has been submitted for environmental clearance to the Ministry of Environment, Forest and Climate Change and is currently under review as of July 2025.
Rs.210000 Million Integrated Steel Expansion Plant in Jharsuguda, Odisha
Executive Summary: An integrated steel expansion project is planned in multiple villages of Jharsuguda, Odisha, with capacity increasing from 0.5 MTPA to 7.65 MTPA, costing Rs. 210,000 million. Construction begins in July 2025, ending in June 2032. The project awaits environmental clearance from India's Ministry of Environment, Forest and Climate Change, under examination as of May 2024.
Rs.557 Million New Aluminium Alloy Conductor Mfg. Unit in Jharsuguda, Odisha
Executive Summary: A new manufacturing facility is being set up in Hirma, Jharsuguda, Odisha, to produce various power cables and conductors including aluminium alloy, ACSR, overhead, XLPE, MVCC, and contact wire. With an estimated cost of Rs. 557.5 million, the unit has received environmental clearance from state pollution control authorities as of July 2025.