Industries, MSME and Energy Minister Pratap Keshari Deb on Friday claimed that the state government has approved industrial projects worth Rs 7.34 lakh crore in the last nearly four years. In a written reply, the minister informed the assembly that the State Level Single Window Clearance Authority (SLSWCA) has approved 258 large scale industrial projects with an estimated investment of Rs 7,34,113.73 crore from 2019-2020.
However, so far 16 projects with an estimated investment of Rs 5,122.83 crore have been commissioned. The units will generate employment opportunities for 7,453 people. The remaining 242 are at various stages of implementation, he said. In addition, 98 medium scale projects with an estimated investment of Rs 10 crore or more have been approved till October 30. He informed the House that construction activities of 30 such projects are underway.
Major projects include ArcelorMittal Nippon Steel Ltd’s Rs 1,02,275 crore steel plant at Kendrapara, Indian Oil Corporation Ltd’s Rs 1,00,300 crore expansion plan of petroleum and petrochemicals refinery at Paradip and Jindal’s Rs 97,070 crore liquid steel and Cement plant and Steel Odisha Limited at Angul.
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Some of the other projects are Haldia Petrochemicals Limited’s Rs 78,225-crore hydrocarbon processing complex at Balasore, Bhushan Power and Steel Limited’s Rs 55,000-crore integrated steel plant at Sambalpur, Tata Steel’s Rs 47,599-crore expansion plan at Kalinganagar and Rs 41,653-crore Rs. Alumina Refinery. Kashipur. In response to another question, the Minister informed that out of 149 ongoing projects, eight major projects have been closed in the last 10 years due to various reasons.
258 projects worth over Rs 7 lakh crore approved: Pratap Keshari Deb
Story first published: Saturday, November 26, 2022, 17:14 [IST]