Friday, February 23, 2018
News

Odisha government clears 3 projects of Rs 864 cr

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

Bhubaneswar | Thursday, 2017 9:45:04 PM IST
 
The Odisha government on Thursday approved three projects involving an investment of Rs 864 crore with the potential to create 2,135 employment opportunities in the state.

The State Level Single Window Clearance Authority, at a meeting held under the chairmanship of Chief Secretary A.P. Padhi, gave in-principle approval to the three investment projects of Vijaynagar Bio-tech Pvt Ltd, West Coast Paper Mills and Kader Investment and Trading Co.

The authority approved a proposal of Vijaynagar Biotech Private Limited to set up a maize processing plant at Papadahandi in Nabarangpur district.

The 50,000-tonne maize processing plant with an investment of Rs 59 crore promises to create direct and indirect employment opportunity for 400 people, said an official.

A multi-layer double coated paper board manufacturing unit of West Coast Paper Mill Ltd also got the approval of the clearance authority.

The 1,32,000-tonne per annum (TPA) capacity unit along with a 12 MW captive power plant will come up at Sonepur at an investment of Rs 750 crore, the official added.

He said the proposed project will provide employment to 700 people.

Another project which was granted approval was Kader Investment and Trading Co Pvt Ltd's Sea Food Park at Deras, on the outskirts of Bhubaneswar.

The company, one of the largest seafood exporters, proposes to set up the Sea Food Park at an estimated cost of Rs 55 crore. It will generate employment for 1,035 people.

Industry secretary Sanjeev Chopra said: "Our main thrust is to make all possible efforts for ease of doing business in Odisha. The state government will ensure all project approvals are in place within 15-30 days."

--IANS cd/ahm/dg

( 283 Words)

2017-09-14-21:12:07 (IANS)

Watch News Videos

 
  LATEST COMMENTS (0)
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
TRENDING TOPICS
 
 
 
CITY NEWS
MORE CITIES
 
MORE BUSINESS NEWS
LED waterfall, digital lake at Microsoft...
US stocks close mixed amid economic data...
Coca-Cola India to be key player in Indi...
Huawei to showcase world's 1st smartphon...
Greek minister welcomes upgrade of Greec...
US dollar falls against major currencies...
More...
 
INDIA WORLD ASIA
Chennai: 2 held with 40,000 Malaysian cu...
Bengal Govt providing psychological trai...
ICAI issues notice to PNB, Gitanjali Gem...
MP: Cong workers accuse police of lathi...
MLAs fear spirits haunting Rajasthan Ass...
2 stabbed to death in Delhi...
More...    
 
 Top Stories
A university helps conserve mountai... 
Fraser says HFPA's ex-chief sexuall... 
Unconventional jewellery ideas for ... 
Infants can learn abstract rules vi... 
Working in south Indian films will ... 
Some essential tests for women in t... 
Sensex recovers by 191,85... 
USD,up; Euro,Pound,down...