Odisha approves Rs 447.93 billion investments

The Odisha government has approved five industrial projects worth Rs 447.93 billion.

This includes:

Indian Strategic Petroleum Reserves Limited (Rs 87.43 billion)

• Project: Crude Oil Storage facilities
• Jobs: 5,130
• Location: Jajpur

Inox Solar Limited (Rs 40 billion)

• Project: Manufacturing facility of solar modules & photovoltaic cells
• Jobs: 3,400
• Location: Dhenkanal

ACME Cleantech Solutions Pvt. Ltd. (Rs 40.5 billion)

• Project: Integrated manufacturing plant for Mushroom Root Fermentative Protein
• Jobs: 3,475
• Location: Cuttack

Tata Steel Limited (Rs 261.75 billion)

• Project: Cold rolled & coated steel products facility & plate mill
• Jobs: 8,000
• Location: Jajpur

Himadri Green Technologies Innovation (Rs 18.25 billion)

• Project: Mineral oil and tyre recycled products facility
• Jobs: 3,000
• Location: Cuttack

These projects align with Odisha’s focus on clean energy and industrial growth, with plans to boost local employment and strengthen the state’s role in the renewable energy sector.