Latest Project Updates
Rs.66260 Million New Integrated Advanced Specialty Steel Mfg Complex in Odisha
Executive Summary: A new integrated specialty steel manufacturing complex in Odisha, with a capacity of 0.7 MTPA, is planned, costing Rs. 66260 million. In February 2024, the company signed an MoU with the Government of Odisha, indicating progress towards the project's realization and collaborative efforts in fostering industrial growth and innovation.
New Installation of Ethanol Storage Tank Unit in Jharsuguda, Odisha
Executive Summary: A new ethanol storage tank unit is planned in Jharsuguda Terminal, Odisha. The project includes installing three underground tanks of 200 Kl capacity each, costing Rs.30 million. As of February 2024, consent has been obtained from state pollution control authorities for project establishment.
Rs.22030 Million New Puri Sri Jagannath International Airport Construction Project in Odisha
Executive Summary: Odisha's government is leading the Puri Sri Jagannath International Airport Construction Project in Odisha. Estimated at Rs. 22,030 million, the project will be executed through a PPP model and completed within 1,095 days. Tendering began in February 2024, with bids accepted online from February 21 and technical bids to be opened on April 21.
Rs.600 Million New Iron Ore Production Project in Sundargarh, Odisha
Executive Summary: A new iron ore production project in Odisha's Koida region involves extracting 1.0 MTPA of iron ore, with a 750 TPH crushing unit and a 600 TPH screening unit. The project covers 74.370 hectares, with an estimated cost of Rs. 600 million. Construction starts in November 2024, targeting completion by October 2043. Environmental clearance is pending with the State Level Environment Impact Assessment Authority as of February 2024.
Rs.650000 Million New Mega Integrated Green Steel Complex in Paradip, Odisha
Executive Summary: A New Mega Integrated Green Steel Complex is planned in Dhinkia Nuagaon and Gadakujanga, Odisha, spanning 2,958 acres. Thirty percent of the land will be reserved for forest and water body preservation. The project's estimated cost is Rs. 650,000 million, with pre-project activities currently ongoing as of February 2024.
Rs.14582 Million New Paints and Allied Products Mfg. Unit in Khurda, Odisha
Executive Summary: A new paints and allied products manufacturing unit with a capacity of 4,10,000 KL/MT, costing Rs. 14,582.8 million, has received approval in Khurda, Odisha, signifying a significant step in the region's industrial development.
PVC Pipes Mfg. Expansion Project in Kandhamal, Odisha
Executive Summary: A PVC pipes manufacturer plans expansion in Odisha, increasing capacity to 2400 TPA. Received pollution control consent in Feb '24.
Rs.1356 Million New construction of “Dharmasala” in Puri, Odisha
Executive Summary: A new Dharmasala project in Puri, Odisha, involves constructing a G+3 building with lodging facilities under ABHADA SCHEME. Cost: Rs. 1356 million. Received consent from state pollution control authorities in February 2024.
Rs.780 Million New Hotel & Restaurant Project in Jharsuguda, Odisha
Executive Summary: A hospitality project is planned in Jharsuguda, Odisha, featuring a hotel and restaurant for 50 guests. In July 2022, an industrial entrepreneurs' memorandum was filed, signaling intent to invest. By November 2023, the project requires an investment of Rs. 730 Million, receiving a positive proposal from State Level Single Window Clearance Authority (SLSWCA).
Rs.700 Million New ERW Black and GI Pipes Mfg. Unit in Sundergarh, Odisha
Executive Summary: A new manufacturing unit for ERW black and GI pipes is planned in Sundergarh, Odisha. The project aims to set up a manufacturing capacity of 120,000 MT. Estimated to cost Rs. 700 million, the company has received investment approval from SLSWCA (State Level Single Window Clearance Authority) as of May 2023.