Odisha Unveils Solar Power & Other Projects Worth Rs 8,939 Crores

Odisha Chief Minister Naveen Patnaik has announced that launch of 27 industrial projects, comprising a total investment of around Rs 8,939 crore. The projects being initiated involve solar power plants, cement plants amongst many others.

Patnaik inaugurated five projects and performed groundbreaking of 22 other units across different sectors through a video conference from Kharvel Bhawan. The total value of all the projects was calculated at Rs 8,938.81 crore and they will create employment opportunities for about 12,142 people, an official said.

“Odisha has emerged as the number one state and the most attractive destination for investments during the period of April-September 2019, receiving 18 percent of total investment in the country,” Patnaik said.

The state government has adopted 5T strategy (Teamwork, Technology, Transparency, Time leading to Transformation) policy for better governance and should focus on commissioning of the projects, he said.

Among the major projects for which the groundbreaking was performed by the chief minister included Hindalco Industries ‘Rs 5,000 crore aluminum project and Aditya Birla Renewable ‘s Rs 352.50 crore solar power plant.

“I assure you (industries) of complete support from the state government,” he said, adding that these projects will usher in the next era of industrial growth in the state and will contribute towards the vision of an industrially prosperous Odisha. Patnaik urged investors to participate in the next edition of ‘Make in Odisha’ conclave, which will be held from November 30 to December 4, 2020.