Rs 250 billion solar equipment factory approved by HLCA in Odisha
POWER & RENEWABLE ENERGY

Rs 250 billion solar equipment factory approved by HLCA in Odisha

The high level clearance authority (HLCA) of the state government gave its approval to five major industrial projects, a week before Chief Minister Naveen Patnaik travels to Japan to seek out investments for Odisha. It is recommended that the IT and electronics system design and manufacturing (ESDM) sectors, steel, chemicals, textile, and green energy equipment industries be established in the districts of Dhenkanal, Jagatsinghpur, Keonjhar, and Bhadrak. Around 38,000 job possibilities would be created for the people of the state by the large projects approved by the HLCA and led by the CM.

According to sources, the committee approved two projects in the steel industry and one each in the fields of green energy and machinery, IT and ESDM, chemicals, and technological textiles. The HLCA has accepted WAREE Energies Limited's proposal to build an integrated solar equipment manufacturing complex at Neulopoi in the Dhenkanal district, which will cost Rs 250 billion. The company will produce a polysilicon of 50,000 MT and 10,000 MW of ingot, wafer, solar cell, and solar module units, respectively.

This project, which has been called the largest manufacturing facility in eastern India, would create an environment for additional investment in the industry. Over 14,000 people are anticipated to receive employment chances as a result. The proposal by Super Smelters Limited to build a 1.8 MTPA integrated steel factory in the Keonjhar district with a Rs 54.36 billion investment and the potential to employ 19,000 people was also approved by the committee.

The HLCA approved another steel project by Kashvi Power and Steel Private Limited. With an expenditure of Rs 16 billion, the business would construct an integrated steel mill in the Keonjhar district. More than 3,500 workers will be employed by this 0.55 MTPA capacity factory.

The high level clearance authority (HLCA) of the state government gave its approval to five major industrial projects, a week before Chief Minister Naveen Patnaik travels to Japan to seek out investments for Odisha. It is recommended that the IT and electronics system design and manufacturing (ESDM) sectors, steel, chemicals, textile, and green energy equipment industries be established in the districts of Dhenkanal, Jagatsinghpur, Keonjhar, and Bhadrak. Around 38,000 job possibilities would be created for the people of the state by the large projects approved by the HLCA and led by the CM. According to sources, the committee approved two projects in the steel industry and one each in the fields of green energy and machinery, IT and ESDM, chemicals, and technological textiles. The HLCA has accepted WAREE Energies Limited's proposal to build an integrated solar equipment manufacturing complex at Neulopoi in the Dhenkanal district, which will cost Rs 250 billion. The company will produce a polysilicon of 50,000 MT and 10,000 MW of ingot, wafer, solar cell, and solar module units, respectively. This project, which has been called the largest manufacturing facility in eastern India, would create an environment for additional investment in the industry. Over 14,000 people are anticipated to receive employment chances as a result. The proposal by Super Smelters Limited to build a 1.8 MTPA integrated steel factory in the Keonjhar district with a Rs 54.36 billion investment and the potential to employ 19,000 people was also approved by the committee. The HLCA approved another steel project by Kashvi Power and Steel Private Limited. With an expenditure of Rs 16 billion, the business would construct an integrated steel mill in the Keonjhar district. More than 3,500 workers will be employed by this 0.55 MTPA capacity factory.

Next Story
Resources

Office Fit-Out Costs Rise in India amid Demand for Premium Workspaces

Office fit-out costs in India continued to rise in 2024, with Mumbai leading at US$73 per sq. ft., followed by Delhi at US$ 69 per sq. ft., according to Cushman & Wakefield’s latest Fit-Out Cost Guide. Bengaluru follows at US$67 per sq. ft., while Ahmedabad, Chennai, Hyderabad, Kolkata, and Pune stand at US$ 65 per sq. ft.Despite a three per cent year-on-year increase, India remains one of the most cost-effective office fit-out destinations in the Asia Pacific (APAC) region. The report notes a shift towards premium, tech-enabled, and sustainable workspaces as companies invest more per sq..

Next Story
Equipment

TKIL Industries’ Hyderabad Plant Earns Five-Star Safety Grading

TKIL Industries has achieved a Five-Star grading in the British Safety Council's Occupational Health and Safety Audit for its Hyderabad manufacturing plant. This follows a similar recognition for its Pimpri facility, reinforcing TKIL’s commitment to safety, risk management, and operational excellence.The Hyderabad plant, operational since 1988, manufactures equipment for sugar, mining, cement, and power industries and employs 720 workers. The audit assessed leadership, risk management, and organisational safety culture, covering 50 key health and safety components.Mike Robinson, CEO, British..

Next Story
Real Estate

Bigdome Infra Acquires Prime Land in Kamba for Rs 1.3 bilion

Bigdome Infra has acquired 68.91 hectares of land in Kamba, Kalyan-Dombivli, for Rs 1.29 billion (bn), according to property registration data reviewed by Square Yards. The purchase was made through two transactions from multiple owners and was registered between February and March 2025. Kamba, an emerging locality in Maharashtra, offers connectivity to Kalyan, Ambernath, and Thane via National Highway 61 (NH 61) and nearby railway stations. The total stamp duty paid for the transaction was Rs 79.5 million. Registered on February 28, 2024, Bigdome Infra is a real estate-focused compa..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?