Latest Project Updates
Rs.2509 Million Steel Plant Expansion Project in Sundergarh, Odisha
Executive Summary: A steel plant expansion project in Tumkela, Odisha, involves upgrading existing units and adding new capacities, including a beneficiation plant, pellet plant, sponge iron unit, billets, rolled products, CPP, coal washery, and producer gas plant. Approved in October 2020, the project, with a Rs.2509.4 Million investment, aims to significantly increase production capacities. As of December 2023, it is undergoing environmental clearance examination by the Ministry of Environment, Forest, and Climate Change in India.
New Pipe Line Project in Jagatsinghpur, Odisha
Executive Summary: A company is set to execute a pipeline project in Jagatsinghpur, Odisha, involving the installation of a 57.716 km steel pipeline along NH-53. The initiative aims to establish a city gas distribution network, incorporating a city gas station. As of December 2023, regulatory consent from state pollution control authorities has been secured, reflecting a commitment to environmental compliance and the advancement of sustainable energy infrastructure.
New Installation of Fixed Dry Processing Plant in Sundargarh, Odisha
Executive Summary: A company plans to install a Rs.50 million fixed dry processing plant for iron ore in Sundargarh, Odisha. The project involves a 600 TPH unit within a 74.5-hectare mine lease area, emphasizing the company's commitment to modernizing ore processing. As of December 2023, the project has obtained consent from state pollution control authorities, highlighting a dedication to environmental compliance in advancing efficient and sustainable mining practices.
Rs.907 Million New Multi Purpose Hospital & Research Center in Cuttack, Odisha
Executive Summary: A Multi-Purpose Hospital and Research Center project by Jagadguru Kripalu University in Banara, Odisha, plans to construct a 400-bed facility with a research center on a 13.930-acre plot. Estimated at Rs. 907.6 million, construction begins in January 2024, concluding by January 2025. The project, submitted for environmental clearance in December 2023, reflects a commitment to enhancing healthcare infrastructure and sustainability in the region.
Rs.48000 Million New LFP Cathode Mfg. Plant in Odisha
Executive Summary: In Odisha, a significant venture is underway for a new LFP cathode manufacturing plant by an undisclosed company. The project, costing an estimated Rs. 48000 million, aims to produce Lithium Iron Phosphate (LFP) Cathode Active Material crucial for electric vehicle batteries. Phase I, with a capacity of 40,000 MTPA and an investment of Rs. 1,125 crore, is expected to be operational in 27 to 36 months. The company envisions a total capacity of 200,000 MTPA in successive phases, targeting 100 GWh of Li-ion Battery production. As of December 2023, pre-project activities are in progress.
Standalone Re Rolling Unit Expansion Project in Sundergarh, Odisha
Executive Summary: A new downstream steel plant is to be set up in Lathikata, Sundergarh, Odisha, producing MS Pipe, MS Strips, MS Structure and an electroplating unit. The Rs.800 million project has received approval from State Level Single Window Clearance Authority and aims to create job opportunities and contribute to Make in India initiative.
Rs.92083 Million New Super Thermal Power Plant in Sundergarh, Odisha
Executive Summary: In Sundergarh, Odisha, plans for an 800 MW super thermal power plant are underway, led by an undisclosed entity. Estimated at Rs.92,083.6 million, the project received approval from the High-Level Clearance Authority in December 2023, marking a significant step towards advancing regional power infrastructure and sustainable energy goals.
Rs.60124 Million New Super Critical Coal Fired Thermal Power Project in Odisha
Executive Summary: A new supercritical coal-fired thermal power project in Jharsuguda, Odisha, is underway with plans for a 1X800 MW ultra supercritical plant, estimated at Rs. 60124.6 million. As of December 2023, it has received approval from the High-Level Clearance Authority, marking a significant milestone in advancing sustainable energy infrastructure in the region.
Rs.90000 Million New Green Hydrogen & Green Methanol Mfg. Unit in Rayagada, Odisha
Executive Summary: A major renewable energy project is underway in Rayagada, Odisha, involving a Rs. 90000 million investment to establish a Green Hydrogen and Green Methanol manufacturing unit. Approved by the High-Level Clearance Authority in November 2023, the initiative underscores a commitment to eco-friendly manufacturing practices, regional economic growth, and a significant reduction in carbon emissions, aligning with global sustainability goals.
Rs.52000 Million New Integrated Steel Plant in Jharsuguda, Odisha
Executive Summary: In Jharsuguda, Odisha, a major industrial initiative is underway, featuring a cutting-edge 2 MTPA Integrated Steel Plant, a 240 MW Captive Power Plant, and a 1 MTPA Cement Grinding Unit. Valued at Rs. 52,000 million, the project has secured approval from the High-Level Clearance Authority as of November 2023, marking a pivotal step in its realization and potential to significantly impact the region's industrial landscape.