Tuesday, November 21, 2017
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
Honda Cars to close FY18 with 17% volume...
Not looking for huge funds in next Budge...
Extortion case: Charge-sheet filed again...
Indian basket of crude over $60/barrel, ...
India Inc's M&A deal value dips 55% in J...
Global cues, healthcare stocks propel eq...
More...
 
INDIA WORLD ASIA
Government of India welcomes Judge Dalve...
Logjam over Botad seat between PAAS, Con...
Kyocera to unveil fully automated factor...
Saamna article compares BJP rule with Br...
Navy's remotely piloted aircraft crashes...
Hackathon grand finale kicks off ahead o...
More...    
 
 Top Stories
Seems Congress leaders have no enga... 
I-League 2017-18 season launched (L... 
President calls Manipur sports capi... 
This device could power homes, cars... 
Criminal escapes after gunfight in ... 
I-League: Chennai City, Gokulam F.C... 
Government keen to bring anti-tripl... 
Golfer Gaurika favourite to clinch ...