Odisha government approves investment proposals worth Rs 1,542 crore
The Odisha government today approved investment proposals worth about Rs 1,542 crore, including one FDI project.
The approval was given at the meeting of Single Window Clearance Authority, chaired by chief secretary G C Pati, official sources said.
The proposal of Bahrain-based Midal Cables Limited for setting up a 60,000 tonnes per annum aluminium conductor manufacturing unit at the Aluminium Park in Angul was approved, they added.
The project would provide direct employment to 350 people and require investment of Rs 358.9 crore.
The government also gave its nod to a proposal of Kashvi International Private Limited to set up a pelletisation plant with an investment of Rs 152.77 crore at Jhumpura in Keonjhar, said Kalyan Mohanty, general manager of Industrial Promotion and Investment Corporation of Orissa Limited.
Sambad e-Paper 27/09/2015 :: http://sambadepaper.com/epapermain.aspx