The State Level Single Window Clearance Authority (SLSWCA) today cleared nine new investment proposals worth Rs 4920.26 crore. Out of these, five are in the cement sector, two aluminium conductor units, a maize processing unit and a petroleum coke plant.
Out of the five new cement projects, two are of Madras Cement which will set up its units at Sundergarh and Malkangiri.
The company’s Sundargarh plant will have two million tonne per annum (mtpa) cement capacity along with 40 MW of captive power generation facility. The project is estimated to cost Rs 750 crore. Madras Cement, known for its Ramko brand of cement, will also have a cement fibre sheet plant at the same location at an investment of Rs 35 crore.
The company's second cement unit in the state, also with a capacity of two mtpa, will come up at Malkanagiri. It will have a 36 MW Captive Power Plant and the combined cost of the project is pegged at Rs 700 crore.
Apart from Madras Cement, Ajmer-based Shree Cement, known for its Bangur brand of cement, has proposed to set up a three mtpa cement unit and a 36 MW CPP, also at Malkangiri, at an investment of Rs 683 crore.
ACC Cement intends to set up a three mtpa cement unit and a 50 MW CPP at Malkangiri, involving an investment of Rs 1850 crore.
Similarly, Emami Group which has a newsprint making plant at Balgopalpur in Balasore district will invest Rs 179 crore at Somnathpur in the same district for setting up a 0.6 mtpa cement grinding unit.
The projects were given the nod at the SLSWCA meeting chaired by the state Chief Secretary T K Mishra in the presence of industries secretary Sourabh Garg, energy secretary P K Jena and Suresh Pattnaik, chairman and managing director, Industrial Promotion and Investment Corporation of Orissa Ltd (Ipicol).
Among the other investment proposals cleared by SLSWCA is the Seashore Group’s plan to set up a maize processing unit at Papdahandi block in Nabarangpur district at a cost of Rs 160 crore. The facility will come up on 123 acres of land and will require two lakh litres of water per day. The project will create 96 direct jobs besides creating indirect employment opportunity for around 6000 people.
Sterlite Technologies Ltd, a Vedanta Group firm, will invest Rs 51.26 crore on establishing an aluminium conductor plant as well as an aluminium alloy rod unit at Brundamal near Jharsuguda. This plant will be a downstream unit of the company's existing aluminium smelter at Jharsuguda.
Kalinga Calciners has proposed to set up petroleum coke plant near Paradeep at a cost of Rs 80 crore. The plant will have an overall capacity of 2,20,000 tonnes per annum which will be achieved in two phases.
The SLSWCA also cleared the proposal of Hindustan Vidyut Products Ltd which has evinced interest in setting up an aluminium conductor plant at Jharsuguda, entailing an investment of Rs 389 crore. This project which will come up on 75 acres of land will create direct employment for 153 people and creating indirect jobs for around 400 others.
