Following is from a report in ibnlive.in.com.

  • Of the total Rs 3,400 crore investment proposals approved by the SLSWCC, Rs 2,870 crore would be in the steel sector …
  • SLWCC approved a proposal from Tata Steel to set up a re-bar mill and a hi-carbon ferrochrome unit at its Gopalpur SEZ in Ganjam district. The steel major would invest Rs 800 crore in the project … this time the company had been asked to use water through the process of desalination, Ramachandru said. While the Tata Steel was planning to manufacture 4 lakh metric ton of re-bar mill per annum from its re-bar mill unit, it would produce 55,000 metric tons of hi-carbon ferrochrome at the Gopalpur SEZ to be set up by the company.
  • Other steel units included
    • a 0.6 mtpa integrated plant at an investment of Rs 925 crore by Shyam Steel Industry
    • Sri Bajrang Power & Ispat company’s 0.12 mtpa steel plant at an investment of Rs 500 crore
    • another 0.21 mtpa plant at an investment of Rs 645 crore by Rupa Ispat
  • Aryan Mining and Trading Corporation Limited’s proposal for setting up an ore benefication plant at Koeda in Sundargarh district at an investment of Rs 423 crore was also okayed
  • Kashivi International’s proposal to set up an iron ore pellet plant at an investment of Rs 56 crore was also cleared
  • Binani Cement Limited which had initially decided to set up a cement plant at Dhamra in Bhadrak district had been allowed to shift its unit to Kalinga Nagar in Jajpur district