SINGLE WINDOW CLEARS 3 PROJECTS WORTH RS 255 CRORE
Bhubaneswar:The Odisha government’s State Level Single Window Clearance Authority(SLSWCA) Thursday recommended the Vedanta Aluminium’s proposal to ramp up its Jharsuguda smelter capacity to the High Level Clearance Authority (HLCA) headed by chief minister Naveen Patnaik. The approval of the apex clearance body would enable the promoter to go ahead with the project.
Vedanta, which has a aluminium metal making facility of 1.6 million tonnes per annum (mtpa) at Jharsuguda, is proposing to expand the capacity to 1.8 mtpa with an investment of Rs 1,240 crore. The additional capacity would create additional jobs for 800 people.
The SLSWCA, however, cleared three projects worth Rs 255 crore.
The state chief secretary, AP Padhi, who chaired the SLSWCA, said that the three project will create direct employment opportunities for about 430 people.
While the M B Ltd. proposes to set up a fruit-based beverage manufacturing unit at an investment of Rs 140 crore at Khurda, the AC Pvt. Ltd. is planning to set up a aluminium conductors and cables manufacturing unit of 30,000 tonnes per annum capacity at the Angul Aluminium Park with an investment of Rs 52 crore. The ITC Ltd., which is putting up a food processing unit at Khurda, is proposing to expand the product line with an additional investment of Rs 63 crore.
The state industries principal secretary, Sanjeev Chopra, said that out of the 124 investment intents were received during the investors’ meets organised in 2016 at Mumbai and Bengaluru, and in the Make in Odisha Conclave 2016, the state has already converted 76 intentions to concrete project proposals, and all these proposals envisaging investment of Rs 2.02 lakh crore have been approved in SLSWCA.