Chief Minister Mohan Charan Majhi led the Odisha Government’s High-Level Clearance Authority (HLCA) in approving 10 major industrial projects worth an estimated 1,65,303 INR-Crore. These projects will generate around 51,939 jobs and will be developed in Bhadrak, Cuttack, Ganjam, Keonjhar, Khurda, Mayurbhanj, and Rayagada.
Vedanta Ltd secured the highest investment approval, with two massive projects worth an estimated 91,528 INR-Crore in Rayagada. The company will invest around 50,537 INR-Crore to establish a 6 Million Tonne per annum (MTPA) alumina refinery. Additionally, it will build a 1.2 MTPA aluminium smelter worth 40,991 INR-Crore. Together, these ventures will create around 15,900 jobs.
Also Read: Industrialization in Odisha: State approves 26 projects worth INR 5,992 Crore
JSW Steel Ltd, in collaboration with South Korean steel giant POSCO, will invest around 35,000 INR-Crore in a 5 MTPA integrated steel plant in Keonjhar. This project will create around 8,000 employment opportunities. Shyam Steel Works Pvt Ltd will set up a 1.5 MTPA integrated steel plant in Bhadrak worth an estimated 5,200 INR-Crore. Meanwhile, OCL Iron and Steel Ltd will expand its operations by establishing a 1.2 MTPA integrated steel plant in Keonjhar. The estimated investment for this project is 3,000 INR-Crore.
Moreover, Orissa Thermal Energy Ltd will construct a 2,400 MW ultra-supercritical coal-based thermal power plant in Cuttack for 18,450 INR-Crore, providing 8,100 jobs. Jupiter Tatravagonka Railwheel Factory Pvt Ltd will invest 1,090 INR-Crore to expand its railway equipment manufacturing plant in Khurda.
Also read: HLCA approves eight Industrial Projects worth 32,000 INR-Crore
Further diversifying the industrial landscape, Orissa Metallurgical Industry Pvt Ltd will develop a titanium complex in Ganjam at 8,000 INR-Crore. Meanwhile, Shreetech Data Ltd will drive sustainable development with its 1,560 INR-Crore green hydrogen project in Mayurbhanj.
These HLCA-approved industrial projects mark a new chapter in Odisha’s industrial transformation. With massive investments across various sectors, the state is set to become a powerhouse of growth, innovation, and employment opportunities.
Also read: Odisha’s SWC approves 4,671 INR-Crore for Renewable Energy projects
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