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₹3883Crore of Investment Clears the path for Odisha’s Industrial Transformation Ahead of Utkarsh Odisha 2025

 

  • 17 Key Projects to Generate Over 12,280 Jobs Across Odisha
  • Strategic Investments in Sectors Such as Steel, Pharmaceutical, Chemicals, and Green Energy to Boost Industrial Growth

Bhubaneswar, Odisha, 22/01/2025 (Odisha Samachar / Rajat Mohapatra )— In a remarkable stride toward strengthening Odisha’s industrial ecosystem, the Government of Odisha has approved 17 significant projects amounting to a combined investment of ₹3883.72 crores. These approvals, granted during the 134th State Level Single Window Clearance Authority (SLSWCA) meeting chaired by Chief Secretary Shri Manoj Ahuja, IAS, highlight the state’s unwavering commitment to sustainable growth and employment generation.

This landmark clearance comes ahead of the much-anticipated Utkarsh Odisha 2025 Conclave, showcasing the state’s proactive approach to attracting investments and fostering industrial excellence under the visionary leadership of Hon’ble Chief Minister Shri Mohan Charan Majhi. With a focus on innovation, ease of doing business, and socio-economic development, Odisha continues to cement its position as India’s premier investment destination.

The approved projects, spanning 15 high-impact sectors including Steel, Iron & Ferro Alloys, Power & Renewable Energy, Pharmaceuticals, Chemicals, Green Hydrogen, Transportation, Storage, Bio Fuel/Bio Fertilizer, ESDM, Tourism, Green Energy Equipment, and Petroleum & Petrochemicals, represent a collective investment of ₹3883.72 crores. These initiatives are expected to generate over 12,280 jobs, providing a significant boost to employment opportunities for the youth of Odisha. The projects will also strengthen the industrial base across eight districts: Sambalpur, Rayagada, Ganjam, Jajpur, Angul, Khordha, Dhenkanal, and Jharsuguda.

Hon’ble Chief Minister Shri Mohan Charan Majhi’s leadership has been instrumental in shaping Odisha’s forward-thinking policies, which attract both global and domestic investors. The state’s investor-friendly ecosystem and streamlined clearance processes have solidified its reputation as a top destination for business and innovation

The Government of Odisha’s proactive measures and strategic focus on sustainable development underscore its dedication to creating a ‘Samrudhha Odisha’ —that contributes significantly to India’s vision of becoming a developed nation by 2047

As the countdown to Utkarsh Odisha 2025 begins, the state’s transformative policies and investor-friendly ecosystem are paving the way for a brighter, more prosperous future.

Sl Project Name Project Description Project Cost (Rs in CR) Employment (Potential) Sector Location
1 B R STEEL AND POWER PVT LTD Steel, Iron & Ferro Alloys 871.00 5,137 Steel, Iron & Ferro Alloys Sambalpur
2 Mahanadi Coalfields Limited 99 MW Wind Power Project (IPP) 852.12 55 POWER & RENEWABLE ENERGY Rayagada
3 Singhal Enterprises Jharsuguda Pvt Ltd Integrated SteelPlant of 0.15 MMTPA 310.00 1,650 Steel Jharsuguda
4 Hetero Drugs Limited Pharmaceutical Manufacturing Facility of Key Starting Material (KSM) and Active Pharmaceutical Ingredient (API) Formulations 300.00 1,500 Pharmaceutical Ganjam
5 Honour Lab Limited Pharmaceutical Manufacturing Facility of Bulk Drug Intermediates and Active pharmaceutical ingredients (APIs) 300.00 1,500 Pharmaceutical Ganjam
6 VCI Chemical Industries Ltd additional Coal Tar Distillation Plant along with other allied chemicals of 1,50,166 MTPA capacity 300.00 235 Chemicals Jajpur
7 JSP Green Wind 5 Private Limited 4.5 KTPA Green Hydrogen and 36.0 KTPA Oxygen manufacturing facility 200.00 100 Green Hydrogen Anugul
8 Tata Steel Limited Transportation and storage 150.00 260 Transportation and storage Jajpur
9 Calderys India Refractories Limited Expansion of its Tap Hole Clay line with capacity of 24,000 MT 109.37 120 Steel (Ancillary) Khordha
10 Bioluxe Energy and Power Private Limited Compressed Bio Gas plant with annual capacity 5,475 MT along with 64,350 MTPA Fermented Organic Manure unit 73.17 125 Bio Fuel/ Bio Fertilizer Dhenkanal
11 Heraeus Technologies India Pvt Ltd advanced manufacturing unit for production of metallurgical sensors, instruments and allied accessories 65.00 250 ESDM  Khordha
12 Nandighosa Steels Private Limited Steel coil processing unit with capacity 4,00,000 MT 62.54 168 Steel (Downstream) Jajpur
13 Vikash Hospitality Initiatives LLP Luxury Resort 60.00 155 Tourism Ganjam
14 QUANTSOLAR TECHNOLOGIES PRIVATE LIMITED Manufacturing plant of 1 GW Plastic Pontoons and 1 GW Solar Mounting Structures 57.00 350 Green Energy Equipment Sambalpur
15 BHARAT PETROLEUM CORPORATION LTD Petroleum & Petrochemicals 53.00 75 Petroleum & Petrochemicals Jajpur
16 Shree Jagannath Lime and Chemicals Private Limited manufacturing unit for Quick Lime, Hydrated lime & other allied products with annual capacity of 1,57,000 MT 59.02 150 Chemicals Ganjam
17 ALPS MINING SERVICES PRIVATE LIMITED COAL WASHERY AND WASHED COAL – 2,000,000 MT 61.50 450 Mining Sambalpur
      3,883.72 12,280    

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