Odisha Govt Approves Investment Projects Worth ₹1.46 Lakh Crore, Including Adani’s Coal-to-Chemical Plant

In a major boost to industrial development, the Odisha government has cleared investment proposals worth ₹1.46 lakh crore across diverse sectors. The approvals, granted during high-level clearance meetings chaired by Chief Minister Mohan Charan Majhi and Chief Secretary Manoj Ahuja.

Large-Scale Investments and Employment Generation

A total of 33 projects received approval, with 12 large-scale proposals worth ₹1.41 lakh crore sanctioned by the High Level Clearance Authority (HLCA) and another ₹4,019 crore cleared by the Single Window Clearance Committee (SLWCA). Together, these investments are expected to generate more than 66,000 employment opportunities across the state. 

Among the largest projects, Adani Enterprises Limited will establish a ₹84,000 crore coal-to-chemical complex in Sundergarh district, set to employ around 36,000 people. Other significant investments include ACME Akshay Energy Private Limited’s green hydrogen and ammonia plant and Jindal India Power Limited’s expansion in the renewable power sector.

Sectoral and Regional Diversification

The approved proposals span high-growth sectors such as IT and ESDM, aerospace and defence, textiles, food processing, tourism, green energy, chemicals, semiconductors, aluminium, and speciality steel. 

The projects are strategically distributed across 14 districts, including Angul, Jharsuguda, Khordha, Sambalpur, Puri, and Sundergarh, to ensure balanced regional growth.

Sustained Industrial Momentum

Till now, Odisha has cleared 330 projects worth ₹7.7 lakh crore through 19 clearance meetings, with a potential to create around 4.7 lakh jobs. The government also fast-tracked 76 projects and inaugurated eight new facilities, representing a combined investment of ₹2.04 lakh crore and 1.63 lakh direct jobs. 

These initiatives, according to officials, underline the state’s commitment to sustainable industrialisation and its growing reputation as a preferred investment hub for both domestic and global players.

Read More: Uttar Pradesh to Attract ₹35,000 Crore Investment for Solar Projects by 2028!

Conclusion

With these approvals, Odisha continues to cement its position as one of India’s most proactive and business-friendly states, driving large-scale investments, regional growth, and employment-led development.

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