The Business Bytes
TBB BUREAU
BHUBANESWAR, JULY 30, 2021
The 102nd meeting of the State Level Single Window Clearance Authority (SLSWCA) of Odisha Government held today under the chairmanship of Chief Secretary Suresh Chandra Mahapatra, approved 7 industrial projects including 3 grain-based Ethanol plants to the tune of Rs. 2083.88 crore.
Other projects belong to the Renewable Energy, Logistic and Tourism sectors. These industrial projects are further expected to create employment opportunities for 2,144 persons in the state.
The seven projects for which in-principle approval was accorded by SLSWCA include:
● A 500 KLPD grain-based Ethanol Plant and 8MW Co-gen Power Plant by Indian Oil Corporation Ltd against an investment of Rs. 870 crore to be set up in Balgopalpur Industrial Estate, Balasore, which will generate potential employment opportunities for over 194 persons.
● A 500 KLPD grain-based Ethanol Plant (in two phases) by Hindustan Petroleum Corporation Limited against an investment of INR 500 crore to be set up in Umerkote, in Nabarangpur District, which will generate potential employment opportunities for over 240 persons.
● A 100 KLPD grain-based ethanol plant along with Compressed Biogas (CBG) plant of 12 TPD capacity and 2.20 MW Co-gen power plant by Newalt Energy Private Limited against an investment of Rs. 125 crore to be set up at Nuakheta, Bantala, in Angul District, which will generate potential employment opportunities for over 650 persons.
● A Multi-Modal Logistics Park by International Cargo Terminals and Infrastructure Private Limited against an investment of Rs. 150 crore to be set up at Kujang, in Jagatsinghpur District, which will generate potential employment opportunities for over 100 persons.
● An 18.75 MW Solar Power Plant by Aditya Birla Renewables Limited against an investment of Rs. 89.44 crore to be set up at Saintala, in Balangir District, which will generate potential employment opportunities for over 28 persons.
● A 5-star hotel by Atmosphere Core India Private Limited against an investment of Rs. 184.64 crore to be set up at Bhubaneswar, Khordha, which will generate potential employment opportunities for over 469 persons.
● A 5-star hotel by D N Homes Private Limited against an investment of Rs. 164.80 crore to be set up at Chandaka Industrial Estate, Khurdha, which will generate potential employment opportunities for over 463 persons.
Government of India has fixed a target of 10% blending of fuel-grade ethanol with petrol by 2022 and 20% blending by 2025. The 3 approved units will surge to the existing capacity and help reduce the carbon footprint.
