Odisha government approves 7 proposals worth Rs 41,900 crore

Bhubaneswar, September 29: Chairing the High Level Clearance Authority (HLCA) meeting, CM Naveen Pattnaik cleared seven investment proposals worth Rs 41,900 crore including foreign direct investment (FDI) by a Japanese company, which will provide direct employment to some 4,450 people.

The panel approved a proposal of JGreen Power Private Ltd for a 423 MW liquefied natural gas (LNG)-based power project at Dhamra in Bhadrak district. The Japanese company will set up the eco-friendly project with an investment of Rs.3,106 crore, said Odisha Industry Minister Debi Prasad Mishra.

Besides, the meeting also approved a power plant to be set up by Tata Power and Company Ltd at Begunia in Khurda district at a cost of Rs 7500 crore and a power plant to be set up by Mahanadi Coalfields Ltd (MCL) in Sundargarh district at a cost of Rs 8000 crore.

CESC Ltd has proposed to enhance the capacity from 1,000 MW with super critical units at Neulapoi village in Dhenkanal district with an investment of Rs.6,861.84 crore, Debi Prasad Mishra added. The HLCA also approved three expansion proposals of Bhusan Power and Steel, Ardent Steel and Utkal Alumina.

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