Bhubaneswar, Aug 27: With a significance achievement, Odisha has got an assurance of investment of Rs 90,490 crore at the two-day Investors’ meet organized by the State government in Bengaluru.
After the investors’ meet , Chief minister Naveen Patnaik informed that Rs 90,490 crore is likely to be invested in Odisha, which in return will create more than 70,000 job opportunities.
JSW Steel Company has proposed to invest Rs 50,000 crore in Odisha to set up 10 MTs capacity steel plant. As per information, the company has also shown its desire to build up a slurry pipeline with an introductory investment of Rs 1200-1500 crore.
Reportedly, Rs 25,000 crore will most likely be invested by a Navratna Public Sector undertaking (PSU), Neyveli Lignite Corporation (NLC) in Odisha through which the company aims to build a 2000 MW thermal power plant, a 500 MW solar power plant and coal mining processing plant.
Rs 2,000 crore is likely to be invested by another Central Public Sector Unit, Bharat Electronics Ltd (BEL) for setting up a solar plant project in Bolangir.
RS 1250 crore will be invested by Tata power in the field of green development, hospitality and real estate.
Kiran Majumdar Shaw, CMD of Biocon said that in the meet, she held discussions to start biotech cluster in Odisha with incubators and accelerators at various research institutions in the State.
In order to set up a skill development center for vocational training and skill development at school level, a MoU has been signed between the state government and Adani Foundation.
Meanwhile, on its second day, Chief Minister Naveen Patnaik announced the Odisha Start-Up Policy 2016. Sectors like healthcare, auto and auto component, pharmaceutical, petrochemical, renewable energy and textile have expressed their desire to invest in Odisha.
