Odisha Chief Minister Naveen Patnaik Greenlights Massive Investment in 12 Key Projects

Odisha Chief Minister Naveen Patnaik has given the green light to 12 pivotal projects, signaling a significant investment of Rs 84,918.75 crore. These initiatives are poised to generate substantial employment, benefiting 42,281 individuals across various sectors.

Geographical Distribution and Sectoral Impact

The approved projects span multiple districts in Odisha, namely Cuttack, Dhenkanal, Ganjam, Jajpur, Jharsuguda, Kendrapada, Malkangiri, Rayagada, Sambalpur, and Sundargarh. They cover a diverse range of sectors, including apparel and textiles, green hydrogen and green ammonia, steel, power, renewable energy, and chemical and petrochemical downstream industries.

Textiles Sector: Welspun Living Limited

Welspun Living Limited has received approval to establish an integrated textile and logistics facility in Choudwar, Cuttack district, with an investment of Rs 3,050 crore. This project has the potential to create employment for 20,210 people.

Pipe Manufacturing: Welspun Corp Limited

Welspun Corp Limited’s investment of Rs 3,137 crore in a pipe manufacturing and coating plant in Sambalpur district is set to generate employment for 3,830 individuals.

Green Hydrogen and Ammonia: Welspun New Energy Limited and Sembcorp Green Hydrogen India Private Limited

Welspun New Energy Limited has been given the nod to establish a 0.70 MMTPA green ammonia manufacturing unit in Kendrapada district, investing Rs 13,860 crore and creating jobs for 1,000 individuals. Sembcorp Green Hydrogen India Private Limited will set up a 0.72 MMTPA green ammonia manufacturing unit in Gopalpur, Ganjam district, with an investment of Rs 13,000 crore, providing employment for 1,250 individuals.

Green Fuels: ReNew E-Fuels Private Limited (REFPL)

REFPL’s approval for a Rs 10,005 crore investment in green hydrogen (100 KTPA) and green methanol (500 KTPA) manufacturing unit in Malkangiri district and Rs 9,000 crore investment in Rayagada district will collectively generate employment for 2,800 people.

Steel Sector: Tata Steel and Orissa Metallurgical Industry Private Limited

Tata Steel’s project to establish an HR & CR Coilplant with a production capacity of 6.50 MTPA in Dhenkanal, valued at Rs 10,351.11 crore, is expected to create employment opportunities for 3,725 people. Orissa Metallurgical Industry Private Limited’s investment of Rs 5,200 crore will lead to the establishment of a 2 MTPA Integrated Steel Plant, 240 MW Captive Power Plant, and 1 MTPA Cement Grinding Unit, generating employment for 6,000 individuals in Jharsuguda district.

Steel Downstream: BMW Industries Limited

BMW Industries Limited secured HLCA approval for a Rs 1,094.82 crore investment in the establishment of a production plant in Kalinganagar, Jajpur district, creating jobs for 1,950 people.

Power and Renewable Energy: NTPC Limited and Ind Barath Energy Utkal Limited

NTPC Limited’s approval to establish an 800 MW super thermal power plant in Sundergarh, with an investment of Rs 9,208.36 crore, is projected to provide employment to 1,366 individuals. Additionally, Ind Barath Energy Utkal Limited’s investment of Rs 6,012.46 crore for a 1X800 MW ULTRA Super Critical Coal Fired Thermal Power Project in Jharsuguda is set to generate employment for 450 people.

Chemical and Petrochemical Downstream: Aegis Vopak

Aegis Vopak’s project to establish a greenfield tank storage facility for liquid ammonia of 80,000 TPA capacity production unit in Gopalpur, Ganjam district, with an investment of Rs 1,000 crore, holds the potential to employ 100 individuals.

Questions Related to Exams

Q1: What is the total investment approved by Odisha Chief Minister Naveen Patnaik for the 12 key projects?

A1: The total investment approved by Odisha Chief Minister Naveen Patnaik for the 12 key projects is Rs 84,918.75 crore.

Q2: In which sectors are the 12 approved projects located across various districts in Odisha?

A2: The approved projects span across sectors such as apparel and textiles, green hydrogen, green ammonia, steel, power, renewable energy, and chemical and petrochemical downstream industries. They are located in districts including Cuttack, Dhenkanal, Ganjam, Jajpur, Jharsuguda, Kendrapada, Malkangiri, Rayagada, Sambalpur, and Sundargarh.

Q3: Which company received approval to establish an integrated textile and logistics facility, and where will it be located?

A3: Welspun Living Limited received approval to establish an integrated textile and logistics facility at Choudwar in Cuttack district.

Q4: What is the investment amount and employment potential of Welspun Living Limited’s project in the apparel and textiles sector?

A4: Welspun Living Limited’s project in the apparel and textiles sector involves an investment of Rs 3,050 crore and has the potential to create employment for 20,210 people.