The Odisha government has given the nod to 10 major industrial projects across seven districts, totaling an investment of Rs 1,65,303 crore. Approved by the 40th High-Level Clearance Authority, these initiatives span a wide range of sectors including steel, aluminium, power generation, and green hydrogen, promising significant economic growth for the state.
The projects are distributed across Bhadrak, Cuttack, Ganjam, Keonjhar, Khurda, Mayurbhanj, and Rayagada districts, with the potential to create around 51,939 job opportunities.
Among the largest investments, Vedanta Aluminium will lead two major aluminium projects in Rayagada: a Rs 50,537 crore alumina refinery with a capacity of 6 MTPA and a Rs 40,991 crore greenfield aluminium smelter with a 1.2 MTPA capacity. Together, these projects are expected to create 15,900 jobs.
JSW Steel will also make a significant investment of Rs 35,000 crore to set up a 5 MTPA integrated steel plant in Keonjhar. Additionally, Shyam Steel plans a Rs 5,200 crore plant in Bhadrak, and OCL Iron and Steel will invest Rs 3,000 crore in a plant in Keonjhar.
In the power sector, Orissa Thermal Energy will invest Rs 18,450 crore to build a 2,400 MW ultra-super critical coal-based thermal power plant in Cuttack, generating 8,100 jobs. Furthermore, Shreetech Data Limited plans a Rs 1,560 crore green hydrogen project in Mayurbhanj, and World Green Energy will establish a solar manufacturing facility in Ganjam, valued at Rs 1,475 crore.