Bhubaneswar: In yet another move to create employment opportunities through industrialisation, the state government Tuesday approved eight investment proposals worth Rs 1,242 crore.
The State-Level Single Window Clearance Authority (SLSWCA) headed by Chief Secretary SC Mahapatra has approved the project proposals which will create employment opportunities for 3,135 persons.
The proposal to set up an Integrated Heavy Beach Sands project by IREL IDCOL Ltd at Krushnaprasad in Puri was approved by the government. The project will be set up at an investment of Rs 460 crore and has employment potential for 800 persons.
The government has approved Oricon Enterprises Ltd’s proposal to set up a food & beverage unit in Khurda with an investment of Rs 120 crore. This project will generate employment avenues for 110 persons.
Logistics Park proposal by Jagannath Industrial and Logistics Parks Private Limited at Tangi-Choudwar in Cuttack district also got government nod. The park will be set up with an investment of Rs 140 crore and provide employment to 110 youths.
Similarly, Pravat Hospitality Private Limited will set up a 5-star hotel-cum-luxury resort in Puri at an investment of Rs 135.69 crore. The project is likely to create 350 jobs.
The panel approved the proposal of Swosti Premium Ltd to set up a 5-star luxury resort in Puri. The cost of the project is Rs 134 crore with a job potential of 310.
A 4-star hotel will be set up by Hotel Eden Roc in Bhubaneswar with an investment of Rs 117 crore having employment potential of 345.
Atomized Iron Powder plant project of SLM Powders Private Limited also got government approval. The plant will be set up at IDCO Industrial Estate Kulanga in Sundargarh district with an investment of Rs 67.83 crore. It has the potential to create employment opportunities for 430 persons.
Surya International’s proposal to set up an electronic manufacturing unit at Info Valley in Khurda with a cost of Rs 67.50 crore was approved by the single window authority. The project will provide employment to 680 persons.
Mahapatra directed the departments concerned to facilitate early grounding and commissioning of the projects.
Industrial Promotion & Investment Corporation of Odisha (IPICOL) was directed to provide necessary handholding support. Industry Secretary Hemant Sharma presented the scrutinized projects with its financial, product and technological details for discussion.