Latest Project Updates
Rs.16420 Million New Integrated Specialty Steel mfg. Unit in Jajpur, Odisha
Executive Summary: A new Rs. 16,420 million integrated specialty steel manufacturing facility is being established by a leading piping enterprise in Jajpur, Odisha. Approved in June 2026 by the state's High-Level Clearance Authority, the advanced metallurgical hub will yield high-grade alloys for critical applications across the defense, aerospace, nuclear, and energy sectors.
Rs.24000 Million New Sintered NdFeB Permanent Magnet Facility in Ganjam, Odisha
Executive Summary: A new Rs. 24,000 million manufacturing plant is being set up in Ganjam, Odisha, to produce advanced sintered NdFeB permanent magnets for the electric vehicle, defense, and green energy sectors. Approved in June 2026 by the state's High-Level Clearance Authority, the high-tech critical mineral value-addition facility will generate over 2,000 localized engineering and manufacturing jobs.
Rs.1333 Million New Resort Project in Koraput, Odisha
Executive Summary: A greenfield luxury resort project is scheduled for construction in the Koraput district of Odisha, backed by an estimated corporate investment of Rs. 1,333.4 million. As of mid-2026, the high-end leisure development has officially secured vital state-level single-window investment approval, authorizing immediate land acquisitions and pre-construction engineering arrangements.
Rs.600 Million New Resort Project in Sundargarh, Odisha
Executive Summary: A new greenfield luxury resort project is slated for development in Sundargarh, Odisha. Budgeted at an estimated cost of Rs. 600 million, the hospitality venture will introduce premium accommodation and eco-tourism amenities. As of mid-2026, the project has officially secured mandatory investment approval from the State-Level Single Window Clearance Authority, advancing into pre-construction phases.
Rs.518 Million New Stainless-Steel Pipes Mfg. Unit in Khordha, Odisha
Executive Summary: A metallurgical firm has received formal clearance from Odisha’s State-Level Single Window Authority to establish a new stainless-steel pipes manufacturing unit in Khordha. Driven by a capital investment of ₹518.3 million, the modern facility will deploy high-precision tube mills to manufacture premium corrosion-resistant piping solutions for heavy industrial applications.
Rs.510 Million New Corrugated Boxes Mfg. Unit in Khordha, Odisha
Executive Summary: An eco-friendly packaging firm has secured formal clearance from Odisha's State-Level Single Window Authority to establish a new corrugated boxes manufacturing unit in Khordha. Driven by an investment of ₹510 million, the modern facility will deploy high-speed automated production lines to satisfy regional packaging demands across the e-commerce and commercial logistics sectors.
Rs.35055 Million New Six-lane Access Controlled Capital Region Ring Road in Odisha
Executive Summary: A public highway authority is constructing a Rs. 35,055 million, six-lane access-controlled ring road spanning 40.7 kilometers from Rameshwar to Bilipada in Odisha. Financed via the Hybrid Annuity Mode, this Package 1 asset includes extensive service lines, bridges, and interchanges. As of June 2026, the high-speed bypass is in its active construction and implementation stage.
Rs.360 Million Electrical Conductors and Alloy Rods Mfg. Unit Expansion Project in Jharsuguda, Odisha
Executive Summary: An industrial power infrastructure manufacturer is implementing a Rs. 360 million plant expansion in Jharsuguda, Odisha. The project expands the facility's built-up footprint to boost electrical conductor and alloy rod capacity from 120,000 to 160,000 TPA. Scheduled for construction between September and December 2026, the updated design is awaiting state-level environmental clearance.
Rs.810 Million New Colour Coated Steel Sheets Mfg. Project in Sundargarh, Odisha
Executive Summary: A greenfield metal manufacturing plant is planned for development in Sundargarh, Odisha, with an investment of Rs. 810 million. The facility will manufacture high-grade color-coated steel sheets, galvanized iron sheets, and prefabricated structural components. The project has formally received investment approval from the State-Level Single Window Clearance Authority to proceed with fast-tracked site deployment.
Rs.600 Million New EV Vehicles Batteries, Inverters Mfg. Unit in Khordha, Odisha
Executive Summary: A new greenfield energy storage plant is planned for Khordha, Odisha, featuring a Rs. 600 million investment. The advanced manufacturing hub will produce lithium-ion electric vehicle (EV) battery packs and smart inverter assemblies using high-performance LFP/NMC chemistries. The project has formally received investment approval from the State-Level Single Window Clearance Authority to proceed with immediate site development.