"Because of constant follow up through IPICOL and State Level Facilitation Center (SLFC), so far around 60 per cent of these intents have been converted to specific investment proposals," chief secretary AP Padhi said after reviewing progress of projects.
"Out of this 50 projects have already been accorded approval through State Level Single Window Clearance Authority (SLSWCA) committee at different points of time. These 50 projects in total envisage an investment of around Rs 1,23,760 crore with employment potential of around 95,235 persons," he said.
Odisha government during its three investment meets at Mumbai, Bengaluru and Bhubaneswar last year, had received 124 investment intents from different group of companies.
The approved projects are mostly in seven different sectors like Food Processing, Petro-chemicals, Chemicals & Plastics, Infrastructure & Logistics, Power & Renewable Energy, Tourism, Health Care and other sectors.
The major projects under today's review includes the proposal of Rare earth unit by Saraf Industries, Aluminium refinery of L&T, Breweries of & Sense Infra, LPG bottling plant of HPCL and Refinery expansion of IOCL. These proposals after approval would add another Rs 66,356 crore of investment with employment potential of 7,418 persons.
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