SLSWCA cleared 16 proposals worth Rs 6500 Cr across various sectors

Kolkata: The State Level Single Window Clearance Authority (SLSWCA) cleared 16 investment proposals worth Rs 6500 crore while 15 other proposals, each entailing an investment of over Rs 1000 crore were referred to the High Level Clearance Authority (HLCA).

The investment proposals approved by SLSWCA include five in the steel sector, four in the cement sector, two in ancillary industries and one each in food processing, power, paper manufacturing and engineering.

In the cement sector, Binani Cement has proposed to set up a one million tonne per annum (mtpa) cement grinding unit at Dhamara at an investment of Rs 150 crore.

Shree cement aims to invest Rs 650 crore in setting up a two mtpa cement manufacturing plant at Gatitnagar in Sundergarh district.

Similarly, Kolkata-based ICore Cement has proposed to set up a three mtpa cement grinding unit at Balasore at a cost of Rs 280 crore.

The other investor in the cement sector-Kalinga Infra Projects intends to set up a one mtpa cement manufacturing plant at Sambalpur at an investment of rs 170 crore.

Among the investments in the steel sector-Neepaz Dagra Steel has lined up an investment of Rs 945 crore form setting up a 0.4 mtpa steel plant a Rairangpur in Mayurbhanj district.

Another investor which has proposed to set up a greenfield steel plant is Kolkata-based G M Iron & Steel Company.

The company has proposed to set up a 0.18 mtpa steel unit at Karanjia tehsil in Keonjhar district at a cost of Rs 320 crore.

Action Ispat Ltd has proposed to expand its steel manufacturing capacity at Sambalpur from the existing 0.25 mtpa to 0.8 mtpa. The expansion plan will cost Rs 993 crore.

Tata Steel has planned to set up a silico manganese plant at Nayagarh in Keonjhar district at an investment of Rs 138 crore.

In paper manufacturing, Emami Paper Mills has proposed a second paper manufacturing unit at Balasore, having a capacity of 0.2 million tonnes, at a cost of Rs 850 crore.

In the food processing sector, Kolkata-based Anmol Biscuits has proposed to set up a biscuit manufacturing unit at Khurda at an investment of Rs 81 crore.

The SLSWCA also cleared the plan of Jindal Steel & Power Ltd (JSPL) for setting up a downstream steel park at Parang in Angul district at an investment of Rs 500 crore.