Latest Project Updates
Rs.799 Million New 5-Star Hotel cum Resort Project in Puri, Odisha
Executive Summary: A new 5-star hotel cum resort is planned in Puri, Odisha, aiming to boost tourism with world-class accommodations. The project has an estimated cost of Rs. 799.4 million. As of January 2025, investment approval has been secured from the High-Level Clearance Authority (HLCA), marking a key milestone in its development.
Rs.529 Million New Private Freight Terminal in Angul, Odisha
Executive Summary: A new Private Freight Terminal (PFT) is set to be developed in Angul, Odisha, under the Gati Shakti Multi Modal Terminal initiative. The project, with an estimated cost of Rs. 529.5 million, received investment approval from the High-Level Clearance Authority (HLCA) meeting in January 2025, paving the way for improved logistics infrastructure and freight handling.
Rs.1493 Million New Grain-Based Ethanol Plant in Ganjam, Odisha
Executive Summary: A new grain-based ethanol plant is set to be established in Ganjam, Odisha, with a 120 KLPD production capacity and an estimated investment of Rs. 1493.8 million. As of January 2025, the project has received investment approval during a High-Level Clearance Authority (HLCA) meeting, marking a significant step toward execution and implementation.
Rs.261750 Million New Cold Rolled & Coated Steel Products Facility in Jajpur, Odisha
Executive Summary: A leading steel manufacturer plans to establish a new Cold Rolled & Coated Steel Products Facility in Jajpur, Odisha, including a Plate Mill Products unit. The project, estimated at Rs. 261,750 million, has received investment approval from the High-Level Clearance Authority (HLCA) as of January 2025. This initiative aims to strengthen production capacity and meet market demands.
New Hotel Construction Project in Puri, Odisha
Executive Summary: A new 100-key luxury hotel is set to be developed in Puri, Odisha, offering stunning sea views and premium hospitality. The project includes three versatile meeting spaces, including a grand ballroom for events and conferences. As of January 2025, the project is in the planning phase, with an expected opening by late 2028.
Rs.40500 Million New Mushroom Root Formentive Protein Mfg. Plant in Cuttack, Odisha
Executive Summary: A new manufacturing plant for Mushroom Root Formentive Protein is set to be established in Cuttack, Odisha, with an investment of Rs. 40,500 million. The project focuses on sustainable protein production using advanced fermentation technology. As of January 2025, investment approval has been secured from the High-Level Clearance Authority (HLCA), moving the project towards execution.
Rs.18250 Million New Mineral Oil & Tyre Recycled Products Mfg, Project in Cuttack, Odisha
Executive Summary: A new manufacturing unit for mineral oil and tyre recycled products is planned in Cuttack, Odisha, with an estimated investment of Rs. 18,250 million. The project aims to enhance sustainability by utilizing advanced recycling technologies. As of January 2025, it has received investment approval from the High-Level Clearance Authority (HLCA), marking progress toward execution.
Rs.87430 Million New Crude Oil Storage Facilities in Jajpur, Odisha
Executive Summary: A new crude oil storage facility is planned in Jajpur, Odisha, to strengthen India's energy security and strategic reserves. The Rs. 87,430 million project aims to develop advanced storage infrastructure, ensuring stable energy supplies during disruptions. As of January 2025, the project has secured investment approval from the High-Level Clearance Authority, paving the way for implementation.
Rs.433 Million New Iron Ore Beneficiation Plant in Sundargarh, Odisha
Executive Summary: A new iron ore beneficiation plant with a capacity of 8,00,000 TPA is planned in Sundargarh, Odisha, to improve ore quality by removing impurities. The project, costing ₹433.5 million, is set to begin construction in March 2026 and complete by May 2027. Environmental clearance is under review by the State Level Environment Impact Assessment Authority.
Rs.630 Million New Coal tar Pitch Mfg. Unit in Jharsuguda, Odisha
Executive Summary: A new coal tar pitch manufacturing unit is planned in Jharsuguda, Odisha, with a focus on producing coal tar pitch, dehydrated coal tar, and naphthalene. The project, estimated at Rs. 630 million, aims to meet rising industrial demand. As of January 2025, it has received approval from state pollution control authorities to proceed with establishment.