Odisha approves seven key projects with Rs 80,125 cr investment
Odisha government has approved seven key projects with an investment of Rs 80,125 crore in different sectors, an official said. The projects received the state government's nod at a High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister Naveen Patnaik on Thursday.
These investments are expected to create job opportunities for 24,552 people in various sectors, including steel, green energy, pharmaceuticals, and chemicals, the official said.
These projects are spread over Khurda, Jagatsinghpur, Jharsuguda, Ganjam, and Bhadrak districts, he said.
Granules Life Sciences Private Limited, a leading producer of paracetamol in India, has proposed to set up its pharmaceutical unit at Tata SEZ, Gopalpur in Ganjam district.
The company aims to produce 4 billion units of paracetamol, metformin, ibuprofen and other pharma products, for which it will pump in Rs 1,100 crore in the Ganjam plant, generating jobs for around 1,500 people.
Granules CZRO Private Limited will also set up a chemical plant for its pharmaceutical products at the Tata SEZ, investing Rs 2,000 crore and creating jobs for around 1,000 people, the official said.
EG Solwin Hybrid Private Limited will establish a 0.30 MT green ammonia production unit at the Tata SEZ, investing Rs 6,330 crore and employing 1,050 people.
ACME Greentech Urja Private Limited has plans to set up an integrated manufacturing unit at Khurda to produce solar power panels, for which it will pump in Rs 36,000 crore and hire around 6,300 people, he said.
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