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Update:

Following is from a report in Business Standard.

Jindal Steel & Power Ltd (JSPL) has committed an investment of Rs 500 crore for a downstream industrial park in Orissa.

This is the latest in a string of investment plans announced by the company in the state which includes a greenfield steel plant, a coal to liquid project and a proposed deep sea port.

The steel company on Tuesday signed a Memorandum of Understanding (MoU) with the state government for setting up the park at Parang in Angul district. The downstream industrial park is expected to attract investments of Rs 5,000 crore besides generating employment opportunities for 32,000 people, both direct and indirect.

The park is also set to generate tax revenue worth Rs 700 crore per annum for the state government.

The pact was signed between T Ramachandru, principal secretary (industries), Orissa government and Anand Goel, joint managing director of JSPL.

The park, to come up over 1,400 acres of land, is expected to be operational by the end of 2014. It will focus on medium and small scale downstream units that would both add value and result in increased industrial activity.

The industries targeted for the park include steel rolling and other mills for downstream steel products, forging units, beam welding plants, ferro alloy units, pipe manufacturing units, galvanizing and colour coating units, foundries as well as food processing and coal storage units.

Update: Following are some additional details from a report in Pioneer.

• Amtech Auto Engineering would set up the complex at an investment of Rs 15,820 crore near Tangi- Choudwar. It would set up a two million tonne steel plant and 500 MW captive power plant in the complex. With this about 33,000 people will get both direct and indirect employment.

  It may be mentioned here that Jamsedpur-based RSB Trasmissions (I) Ltd, one of India’s leading auto components manufacturers, is coming up with an auto complex at Mania in Cuttack. RSB Transmission will invest Rs 430 crore in the project.

• The committee also approved JK Cement‘s one million tonne capacity plant on the road between Athagrah and Choudwar.
• BOC would set up an air separation plant at an investment of Rs 434 crore in Rourkela. It would produce oxygen, nitrogen and argons.
• Bijaya Ferro Power Private Limited would set up a power plant at Keshinga in Kalahandi with an investment of Rs 550 crore. It would take water from Tel river to produce 120 MW power.
• Ind-Bharat’s proposal to enhance its power production capacity has also got the nod of the committee. It would set up its plant at Jharsuguda with an investment of Rs 3,300 crore.
• Facor would set up its captive power plant at Rahandia near Bhadrak.
• Due to shortage of water, few plants have also changed their sites. Odisha Cement Power Plant (OCL) has shifted its plant site from Mania to Rajgangpur.
• Jinadal Stainless Steel would set up its plant in Luni instead of Gajatara in Dhenkanal.
• Kalinga Energy Power Limited would set up its plant at Jharsuguda instead of Sambalpur.
• Scwal Brewage would set up its plant at Baranga instead of Choudwar at a cost of Rs 193 crore.
• The Rs 1,320 crore Sahara Power project has shifted its plant to Ghantabahal from Turul.
• German-based Gaunteman Pipery would set up its plant beneficiation plant and pelatisation plant. The beneficiation plant would come up at Barbil and the pelatisation plant at Dhamra. Around 1,605 crore would be invested in the project.
• Aditya Alumina’s proposal to enhance its production from one million tonne to 1.5 million tonne. It would also enhance its power plant from 650 MW to 900 MW.

Following is an excerpt from Orissadiary.

The projects of Adhunic Metalics and Jindal Stainless Steel at Sundargarh and Kalinganagar, respectively have been approved. The SWCLC has also given its green signal for an air-separation plant. Projects, involving Vijay Ferrochorme and Power Pvt Ltd and Adhunic Power plant have been cleared.

Amtech Metals would establish the integrated auto-complex, first of its kind in the state. Moreover, an auto-park, steel and power plant would also be established in the complex. The cost of the entire project has been pegged at Rs 15,820 crore. All the projects are expected to provide direct and indirect employment opportunities to nearly 47,000 and 1.5 lakh people, respectively apart from bolstering the socio-economic conditions in those regions where the proposed projects would come up, state Industries Secretary, Sourabh Garg said.

Tathya has some details on the Adhunik group’s project. Following are some excerpts:

Adhunik Power & Natural Resources Limited (APNRL) has proposed to invest Rs.3883.40 crore for the 4×250 MW power plant in Birmaharajpur in Sonepur district.

… Adhunik Metaliks Limited (AML), another member of the Group has proposed to set up Down Stream Park for stainless and special products with an investment of Rs.286 crore.  … downstream industries in hot-rolling, cold-rolling utensils, kitchen and hardware.  AML has also proposed for stainless steel pipes and alloys, which received the nod.
The park will be set up at Kumarmunda in a 300 acre area in Sundargarh district.

AML is setting up steel plant at Kumarmunda with a capacity of 0.41 million ton per annum (MTPA).

Tathya has also some details on the JSL project. Following are some excerpts.

JSL Limited posed a proposal to set up a Super Critical Thermal Power Station of 1320 (660X2) megawatt capacity, which has been cleared in the meeting. The Rs.4090 crore Greenfield project will be set up at Luni in Dhenkanal district.

Most importantly JSL, which is setting up a 3.20 million ton per annum (MTPA) capacity stainless steel plant at Kalinga Nagar has proposed to set up Stainless Steel Park (SEZ) with an investment of Rs.740 crore.  … The park will promote auto components, kitchen & life style, light engineering, white goods, cold rolling, pipes and tubes, and service centre. 300 acres of land for the park is needed for the park, which will have man power requirement of more than 2000, said sources. JSL plant is likely to produce stainless steel by end of 2010 and the park is also to be completed by the same time reveal the SLSWCA Report.

The above two downstream park proposals are most likely due to the recent government focus on those aspects, before giving mining leases. The govt. needs to make sure that the down stream parks indeed materialize as proposed.

Following is an excerpt from a report in Pioneer.

Investment proposals worth Rs 1,825.61 crore were cleared by State-level Single Window Clearance Authority (SLSWCA) here on Saturday.

The SLSWCA meeting, chaired by Chief Secretary Ajit Kumar Tripathy, gave its nod to the Rs 900-crore investment project of Oceanic Shipyard Limited (OSL) along with two cold rolling mills with an investment of Rs 925.61 crore.

… IPICOL managing director Ashok Kumar Meena told the media that OSL, a subsidiary of Bengal Shipyard Limited (BSL), has proposed to set up an oil rig, offshore structure and a support vessels manufacturing and repairing unit at Dhamra in Bhadrak district with an investment of Rs 900 crore. BSL, a joint venture of Apeejay Shipping Limited and Bharati shipyard Limited, is setting up a shipyard at Dhamra with an investment of Rs 2,400 crore.

Meena said the company had asked for 950 acres of land at Dhamra to set up the facility in a period of 60 months in three phases from the date of allotment of land. The project would generate direct employment opportunity for 7,500 persons. As the net worth of the group is Rs 647 crore in 2006-07, there would be no problem of raising the funds for the greenfield project, added another official.

The proposal of the Bhuvee Profiles & Stainless Limited (BPSL) to set up a 0.790-mtpa hot rolled plates and coil rolling mill with an investment of Rs 492.66 crore at Kuranti in Dhenkanal district was cleared by the Authority, said Meena.

According to him, a sister concern of the BRG Group, BPSL would be the downstream project of the group. The company has asked for 90 acres of land, though the requirement for the project would be 45 to 50 acres, said an official.

Meena said the proposal of Rabirun Vinimay Private Limited (RVPL) to set up a 0.240-mtpa cold rolling mill complex at Kuranti with an investment of Rs 432.95 crore was also okayed.