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State clears 27 projects worth Rs 2.45 lakh cr
In Short
“The geographical spread, together with the diversity of sectors, reflects the State government’s focus on expanding investment opportunities beyond conventional industrial clusters, and promoting balanced regional industrial development,” Majhi said.
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State clears 27 projects worth Rs 2.45 lakh cr
Bhubaneswar: The Odisha government has approved 27 industrial projects worth over Rs 2.45 lakh crore, which have the potential to generate employment for more than 50,000 people, officials said. The project proposals were approved at a High-Level Clearance Authority (HLCA) meeting chaired by Chief Minister Mohan Charan Majhi on Wednesday.
“The geographical spread, together with the diversity of sectors, reflects the State government’s focus on expanding investment opportunities beyond conventional industrial clusters, and promoting balanced regional industrial development,” Majhi said. The proposed projects would come up in 15 districts of Odisha.
Sectors in which the projects were approved include data centres and AI, power and energy, steel, semiconductors, lab-grown diamonds, green hydrogen, healthcare, chemicals, textiles, shipbuilding and advanced manufacturing, the Chief Minister said. “A defining feature of the HLCA approval is the unprecedented scale of investment proposed in IT, ITES and data centres. Four projects in this sector account for a combined investment of around Rs 1,42,941 crore, making it the largest investment segment among the approved projects,” an official said.
The proposed projects include High Density Data Centre Ltd’s integrated data centre in Khordha, HCL Technologies Ltd’s AI-optimised data centre in Khordha, Sentraforge AI Ltd’s data centre and global capability centre in Puri and RKD Construction Private Ltd’s data centre in Kataka, he said.
The government also accorded its nod to four major projects in the power and renewable energy sector, involving a combined investment of Rs 54,287.70 crore, the official said.
In the steel and steel downstream sector, two projects are set to come up in Sundaragada, entailing an investment of Rs 14,000 crore. The Adani Foundation has also proposed to set up a 1,000-bed multi-speciality hospital in Khordha. The project involves an investment of Rs 2,150 crore, the official added.
