Odisha Greenlights 8 Mega Projects in Rs 1.51 Lakh Crore Industrial Boost

Bhubaneswar, 16 June (OT Webdesk): As the new government in Odisha marks its first year in office, the state is experiencing the impactful results of double-engine governance, driven by strong coordination between the Centre and the State.

Under the visionary leadership of Chief Minister Shri Mohan Charan Majhi, Odisha has made significant strides toward industrial growth. During the 41st High-Level Clearance Authority (HLCA) meeting held today, 8 transformative industrial projects worth ₹1,51,239.50 crore were approved, which could generate over 60,200 job opportunities for the people of Odisha.

This landmark decision, personally greenlit by Hon’ble CM Shri Mohan Majhi, is a reflection of the government’s proactive approach to fast-track industrial growth, attract mega investments, and ensure large-scale employment for the youth of Odisha. The projects, spread across six districts such as Dhenkanal, Ganjam, Jajpur, Keonjhar, Khordha and Sambalpur, span strategic sectors including Aluminium, Chemicals, Steel, Textiles, and Ancillary & Downstream in Metal Sector.

In the Aluminium sector, Vedanta Ltd leads with a landmark investment of ₹1,28,000 crore to establish a 3 MTPA Aluminium Smelter and 4900 MW Captive Power Plant (CPP) in Dhenkanal. This single mega project is expected to create 30,000 jobs, reaffirming Odisha’s position as a global aluminium hub.

The Chemicals sector also witnessed a substantial proposal by SRF Ltd, which will set up a specialty chemicals and refrigerant manufacturing unit with an annual capacity of 2 lakh MT in Ganjam, involving an investment of ₹10,000 crore and generating 20,000 employment opportunities.

In the Steel and Metal Downstream sector, Jindal India Steel Tech Ltd will set up a 1.26 MTPA specialty steel processing facility in Dhenkanal, with an investment of ₹3,600 crore, creating 2,000 jobs. Further, Shyam Steel Manufacturing Ltd proposes a 0.53 MTPA integrated steel plant, DI pipe unit, and 46 MW CPP in Keonjhar, at ₹2,490 crore, employing 2,370 persons. Additionally, Linde India Ltd will invest ₹1,303.50 crore to establish an Air Separation Unit in Jajpur, offering high-quality industrial gases and employing 100 people.

Ancillary metal sector projects include Star Metal Works Pvt Ltd, which will invest ₹2,291 crore in Sambalpur to set up a narrow hot strip mill, cold rolling, and plate cum Steckle mill, creating 250 jobs. Meanwhile, Supreme Metals Export Pvt Ltd plans a 1.2 MTPA rolling mill for TMT bars and wire rods in Keonjhar, worth ₹1,500 crore, generating 680 jobs.

In the Textiles sector, Sportking India Ltd will invest ₹2,055 crore in Khordha to establish a cotton and blended yarn manufacturing unit with an annual capacity of 62,000 MT, creating 4,800 employment opportunities.

The projects approved in the 41st HLCA meeting reflect Odisha’s strong commitment to industrial growth, job creation, and economic development. With focused leadership and fast decision-making, the state is attracting major investments across key sectors.

The Chief Minister, after clearance of these 8 projects, said that since the beginning, hisgovernment has held 6 HLCA meetings including that of today. Over these 6 meetings, a total of 62 projects have been approved with an investment opportunity of ₹ 5.67 lakh that can potentially create about 2.42 lakh jobs. He further said that this progress is a clear step towards the national goal of “Viksit Bharat by 2047” and the state’s vision of “Samruddha Odisha by 2036”. Odisha is moving confidently towards becoming a leading industrial and investment hub in India, said the CM.