As many as four proposals worth Rs 1637 crore in various sectors received the State Government nod. They are expected to generate EMPLOYMENT opportunities for around 1,116 people.
With the state government recently announcing incentives to set up Oxygen Plants and oxygen cylinder manufacturing units,Shyam Metalicsand Energy Limited has announced to set up an oxygen cylinder manufacturing plant with capacity of 10,80,000 cylinders per annum. The unit to be set up in Rengali industrial estate in Sambalpur district at an investment of Rs 55 crore.
The state approved another proposal from Shyam Metalics to set up a RAILWAY wagon manufacturing plant having capacity of 1,500 wagons per annum atHirakudin Sambalpur district. The company plans to invest Rs 382 crore to set up the unit.
Proposal for a 50 MW solar power generation plant by Mahanadi Coalfields Limited at an investment of Rs 254.71 crore in Boudh district received the government nod.