8 investment proposals of Rs 1,609 cr get Govt nod

| | BHUBANESWAR
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8 investment proposals of Rs 1,609 cr get Govt nod

Friday, 14 February 2020 | PNS | BHUBANESWAR

The State Government approved eight more investment proposals worth Rs 1,609.49 crore in the 89th State Level Single Window Clearance Authority (SLSWCA) meeting here on Thursday.

The meeting was held under the chairmanship of Chief Secretary Asit Tripathy wherein Industries Secretary Hemant Sharma outlined the project proposals.

These proposals would create employment opportunities for 1,450 people. The projects were approved in food processing, chemicals, plastics, tourism, steel downstream and infrastructure.

The SLSWCA approved the proposal of Tata Global Beverages to set up a tea blending and packaging facility with an annual capacity of 36,000 MT with an investment of Rs 83.53 crore providing employment to about 294 people.

Runaya Metsource LLP’s proposal for a coal tar pitch distillation unit with an investment of Rs 211crore and employing 212 people was approved. A proposal of Astral Polytechnik for a HDPE and thermoplastic pipes manufacturing unit of capacity 5,000 MT with an investment of Rs 60.06 crore too got approval. It would provide employment to 150 people.

In the tourism sector, Apeejay Surrendra Park Hotels’ proposal for expansion of its 5-star hotel and that of Kamat Hotels (India) for expansion of its 5-star hotel were approved.

Thriveni Earthmovers’ proposal was approved for a 30-MTPA underground slurry pipeline with an investment of Rs 948.90 crore, which will create jobs for 217 people.

The SLSWCA also approved the proposal of CDET Explosives Industries for a facility for cartridge explosives, bulk emulsion explosives, detonating fuse and caste boosters of capacity 45,300.00 MT per annum with an investment of Rs 55 crore. It would provide jobs for 177

people.

Another proposal of Apeejay Logistics Park Limited for expansion of its existing Logistics Park at Kalinganagar with an investment of Rs 50 crore was approved.

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