Odisha approves ₹2,172-cr investment in mining sector
The Government of Odisha has approved four investment proposals worth over ₹2172.92 crore in the mining sector like Metal & Metal downstream. The proposals got the go-ahead at a State Level Single Window Clearance Authority (SLSWCA) meeting chaired by the Chief Secretary Shri Asit Kumar Tripathy in Bhubaneswar wherein Hemant Sharma, Principal Secretary, Industries outlined the project proposals for consideration. In a boost to the State's Metal Downstream sector, Rungta Mines Limited is considering to set up the 34 MTPA beneficiation plant in two phases, with an investment of ₹975 crore. Another proposal of Rungta Mines Limited will be the setting up of 20 MTPA underground slurry Pipe Line starting from its proposed beneficiation Plant at Bonai/Champua sub-division to 3 different plants locations, with an investment of ₹951 crore while providing job avenues to locals. Shyam Metalics and Energy will expand its Pellet Plant from 0.3 MTPA to 1.2 MTPA capacities at an investment of ₹76.92 crore. Wellman Steels Gangeya Supply Agency has also decided to set up the 1.8 MTPA beneficiation Plant and 1.2 MTPA Pellet Plant entailing an investment of ₹170 crore.
