Bhubaneswar: State Level Single Window Clearance Authority (SLSWCA) has cleared as many as four investment proposals worth Rs 1,542 crore.
According to sources, the proposal of Kashvi International Private Limited, which has proposed to set up a pelletisation plant with an investment of Rs 152.77 crore at Jhumpura in Keonjhar was accorded approval at a meeting of the SLSWCA.
Besides, a two MTPA coal washery plant to be set up by Prakrutik Enterprises at Talcher with an investment of Rs.104.4 crore, which would provide employment to 200 people too was approved by the authority.
Kalyan Mohanty, General Manager of the Industrial Promotion and Investment Corporation of Orissa Limited (IPICOL) said that a proposal of Bahrain-based Midal Cables Ltd for setting up a 60,000 tonne per annum aluminium conductor manufacturing unit at Angul Aluminium Park was approved.
“It would invest Rs.358.9 crore in the project while it would provide employment to 350 people”, Mohanty informed, adding SLSWCA approved the site shifting of Emami cement, which has proposed to set up a plant near Tangi in Cuttack with an investment of Rs 401 crore.
