Latest Project Updates
Rs.465 Million New Commercial-Cum-Hotel Building Construction Project in Khordha, Odisha
Executive Summary: A new commercial-cum-hotel building project is planned in Bhubaneswar, Odisha, featuring a 3B+G+22 storied structure with a built-up area of 43,387.55 sqm. With an estimated investment of Rs. 465.1 million, construction is set to begin in January 2026 and finish by December 2028. Environmental clearance has been submitted as of February 2025.
Rs.354050 Million Integrated Steel Plant Expansion Project in Sambalpur, Odisha
Executive Summary: An integrated steel plant in Sambalpur, Odisha, plans to expand crude steel capacity from 4.5 MTPA to 10.5 MTPA, boost captive power from 546 MW to 971 MW, and add a 3 MTPA cement unit. With a Rs. 354,050 million investment, construction runs from Jan 2026 to Dec 2028. Environmental clearance is pending as of Feb 2025.
New Green Ammonia Plant in Odisha
Executive Summary: A new Green Ammonia Plant is set to be developed in Gopalpur, Odisha, with a capacity of 1,500 tons per day (TPD). The plant will be powered entirely by renewable energy and utilize advanced ammonia production technology to ensure carbon-free operations. The project, announced in February 2025, is a collaboration with a leading technology provider.
Rs.20050 Million Photovoltaic Solar Cells and Modules Mfg. Facility in Odisha
Executive Summary: A new photovoltaic solar cells and modules manufacturing facility is set to be established in Odisha with an investment of Rs. 20,050 million. The project aims to boost the renewable energy sector and promote sustainable development. As of February 2025, an agreement was signed during the Utkarsh Odisha – Make in Odisha Conclave 2025 in Bhubaneswar.
Rs.570 Million New Solar Mounting Structures Mfg. Unit in Sambalpur, Odisha
Executive Summary: A company is planning to set up a manufacturing unit in Sambalpur, Odisha, for producing solar mounting structures and plastic pontoons with a combined capacity of 1 GW each. The project is estimated to cost Rs. 570 million. As of February 2025, it has received investment approval from the State Level Single Window Clearance Authority (SLSWCA).
Rs.1093 Million Tap Hole Clay line Expansion Project in Khordha, Odisha
Executive Summary: A new project is planned in Khordha, Odisha, focusing on expanding a Tap Hole Clay production line to a capacity of 24,000 MT. The project has an estimated cost of Rs. 1,093.7 million. As of February 2025, it has received investment approval from the State Level Single Window Clearance Authority (SLSWCA).
Rs.650 Million New Metallurgical Sensors, Instruments and Allied Accessories Mfg. Unit in Khordha, Odisha
Executive Summary: A new advanced manufacturing unit for metallurgical sensors, instruments, and allied accessories is planned in Khordha, Odisha. The project aims to boost production capabilities with an estimated investment of Rs.650 million. As of February 2025, investment approval has been granted by the State Level Single Window Clearance Authority (SLSWCA), marking a key milestone.
Rs.41010 Million New Phosphorus Derivatives and Green H2 based Fuel Mfg. Plant in Ganjam, Odisha
Executive Summary: A new plant is planned in Ganjam, Odisha, to produce phosphorus derivatives and green hydrogen-based fuel. The project, estimated at Rs. 41,010 million, will support sustainable energy solutions. As of January 2025, it has received investment approval from the High-Level Clearance Authority (HLCA), marking a significant step in the company’s commitment to eco-friendly innovations.
Rs.52000 Million New Chemical Complex in Ganjam, Odisha
Executive Summary: A new chemical complex is planned in Ganjam, Odisha, with a 7.1 lakh tonne annual capacity. The Rs. 52,000 million project will produce chemicals for various industries, boosting local employment. As of January 2025, investment approval has been secured from the High-Level Clearance Authority (HLCA), with groundwork preparations underway.
Rs.20000 Million New Electro Deposited Copper Foil Unit in Sambalpur, Odisha
Executive Summary: A new electro deposited copper foil manufacturing unit is planned in Sambalpur, Odisha, to produce anodes for lithium-ion EV batteries. The project, estimated at Rs. 20,000 million, aims to support the growing EV sector and energy storage solutions. As of January 2025, it has received approval from the High-Level Clearance Authority (HLCA).