The High Level Clearance Authority (HLCA) headed by Chief Minister Naveen Patnaik on Monday cleared five mega investment proposals worth Rs 2,04,069 crore. The projects together would create job opportunities for over 28,000 people.
The Haldia Petrochemicals Ltd (HPL)’s proposal of hydrocarbon processing complex comprising light crude oil refinery, aromatics complex and ethylene cracker complex near the proposed Subarnarekha Port in Baleswar was approved.
All the projects will come up at an estimated cost of Rs 78,255 crore and would provide jobs to 10,000 people. The Jindal Limited’s proposed Cold Rolling Complex of 0.50 MTPA and Steel Processing Plant at Kalinga Nagar Industrial Complex in Jajpur district was approved.
