Bhubaneswar, March 20: The State Level Single Window Clearance Authority has approved 1073 large industrial projects involving an investment of Rs 24,28,989 crore since 2016.
This was informed by Industries Minister Sampad Chandra Swain in the State Assembly on Friday.
Out of the above approved projects, 118 large industrial projects worth Rs 1,88,582 crore have been established and have become partially or fully operational in the State, he said.
A total of 93,276 jobs have been estimated to be created with the grounding of the above 118 industries, Swain said.
Among these industries, Vedanta Ltd has made an additional investment of Rs 6,483 crore at its Lanjigarh plant, which started functioning. This project has created employment for 9,494 persons in the tribal-dominated region.
Similarly, Vedanta Ltd has also started commissioning the work for an additional investment of Rs 1,240 crore at its refinery plant at Jharsuguda during the period.
Jindal Steel Odisha Limited has set up a plant in Angul district at a cost of Rs 97,070 crore. Partial functioning at the plant has been started.
Among other major investors, Tata Steel Limited has started partial operation at its plant in Jajpur district, which was set up with an investment of Rs 47,599 crore, the Industries Minister said.
Out of the approved projects, 914 large projects are in various stages of implementation. The State would attract an investment of Rs 21.79 lakh crore with the execution of these projects, he said.
Out of the approved industrial projects, 41 projects have now been withdrawn or dropped from the implementation plan.
Some of the major dropped/revised projects are—steel plant at Sambalpur by Bhushan Power and Steel Limited (JSW)—Rs 4,252.40 crore, textile park by Indian Oil Corporation Ltd—Rs 1,970.52 crore, semiconductor unit at Khurda by Silectric Semiconductor Manufacturing Pvt. Ltd—RS 3,034 crore, chemical unit at Paradip by UPL Ltd—Rs 2,000 crore and Epsilon Carbon Ashoka Private Limited—Rs 900 crore.