Latest Project Updates
New Ammonium Nitrate Plant in Jharsuguda, Odisha
Executive Summary: A new Ammonium Nitrate Plant is planned in Jharsuguda, Odisha, by joint venture company. It will utilize surface coal gasification technology to produce 2000 tons per day. The feasibility report is being prepared by Projects and Development India Limited. Land acquisition is in progress for completion by September 2024, with pre-project activities ongoing as of March 2024.
Rs.1750 Million New PET Preform, Bottles Mfg. Unit in Khordha, Odisha
Executive Summary: A new PET Preform, Bottles, & Caps Recycled Flakes & Pellets unit is planned in Khordha, Odisha, with an estimated cost of Rs. 1750 million. As of March 2024, approval has been secured from the State Level Single Window Clearance Authority (SLSWCA), marking a significant milestone in the project's advancement.
Rs.8640 Million New Defense Explosives Plant in Rayagads, Odisha
Executive Summary: A defense explosives plant project in Rayagads, Odisha, with an estimated cost of Rs. 8640 million, received approval from the State Level Single Window Clearance Authority in February 2024. The endeavor aims to bolster national security infrastructure and foster economic growth in the region through cutting-edge technology and adherence to stringent quality standards.
Rs.506 Million New Magnesium Granules Manufacturing Unit in Kalinga Nagar, Odisha
Executive Summary: A new magnesium granules manufacturing unit is set to launch in Kalinga Nagar, Odisha, with an estimated project cost of Rs. 506 million. Approval has been obtained from the State Level Single Window Clearance Authority (SLSWCA) as of February 2024, marking a significant step towards realizing the venture.
Rs.1483 Million New 5-Star Hotel in Puri, Odisha
Executive Summary: A new 5-star hotel project in Puri, Odisha, with an estimated cost of Rs. 1483.9 million, received approval from the State Level Single Window Clearance Authority in February 2024. The venture aims to introduce luxury accommodation under the "Welcomhotel" brand, enhancing tourism and economic prospects in the region.
Rs.5550 Million New Renewable Energy Equipment Mfg. Unit in Khurda, Odisha
Executive Summary: A new renewable energy equipment manufacturing unit is planned in Khurda, Odisha, for industrial transmission and renewable energy equipment production, with an estimated cost of Rs. 5550 million. Approval has been secured from The State Level Single Window Clearance Authority (SLSWCA) as of February 2024.
Rs.506 Million New Magnesium Granule Mfg. Unit in Kalinga Nagar, Odisha
Executive Summary: A new magnesium granule manufacturing unit in Kalinga Nagar, Odisha, with an estimated cost of Rs.506 million, has received approval from The State Level Single Window Clearance Authority as of February 2024.
Rs.51240 Million New Integrated Titanium Metal / Alloy Mfg. Plant in Odisha
Executive Summary: A titanium metal/alloy manufacturing plant with 10,000 TPA capacity is planned in Odisha, costing Rs. 51240 million. An MoU was signed with the Odisha Government in February 2024 to proceed with the project.
Rs.7874 Million New Hydro Power Project in Kandhamal, Odisha
Executive Summary: A new hydro power project is underway in Kandhamal, Odisha, with a proposed capacity of 63 MW, costing Rs. 7874.8 million. By February 2024, approval from The State Level Single Window Clearance Authority (SLSWCA) has been secured for the project.
Rs.4389 Million New Railway Bogies and Couplers Mfg. Unit in Paradip, Odisha
Executive Summary: A new railway bogies and couplers manufacturing unit is planned in Paradip, Odisha, by Texmaco Rail and Engineering. The project, estimated at Rs.4389.2 million, involves setting up manufacturing facilities. By February 2024, approval from the State Level Single Window Clearance Authority (SLSWCA) has been secured.