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Following is an excerpt from a New Indian Express report.

The Assembly Committee on Industry has suggested that dedicated industrial parks should be set up for micro, small and medium scale industries in Kalinga Nagar, Jharsuguda, Paradip, Rayagada, Angul and Dhenkanal in view of the large number of mega industries coming up in several industrial zones in the State.

In its latest report, the committee said such parks should be specially earmarked for ancillary and downstream industries. It observed that considering the importance of the small and medium enterprises in employment generation and economic growth of the State, priority attention should be given for the revival and promotion of these sectors.

Official sources maintained that till November, 2006, investment in these two sectors had touched Rs 2,652.8 crore with employment generation of 5.48 lakh. Cluster approach has been adopted for development of small scale industries and major clusters have been identified for development and marketing linkage with the assistance of United Nations Industrial Development Organisation (UNIDO).

The panel, however, observed that though 45 MoUs had been signed for establishment of steel plants in the State, progress has not been satisfactory. Of these, 20 companies have invested Rs 12,085 crore and started commercial production by December, 2006. These companies have created direct employment opportunities for 9,131 persons.

In the steel sector, investment has been estimated at Rs 1,86,499 crore with a total capacity of 73.43 million ton per annum. In the aluminium sector, two companies have signed MoUs with a proposed investment of Rs 25,000 crore.

Indian Oil Corporation is also setting up a refinery and petrochemical complex of 15 million ton capacity per annum with an investment of Rs 25,000 crore. Official sources said a chemical and petrochemical investment region is proposed to be set up at Paradip.

The committee has suggested that polytechnics should be established in all districts of the State and industrial training centres in all the block headquarters.

Besides, the 10 ITIs in the State should be upgraded gradually with 75 percent Central assistance, it added.

Following are excerpts from a sify.com report.

State-owned Indian Oil Corporation (IOC) is setting up an oil refinery-cum-petrochemical complex at Paradip in Orissa, with an installed capacity of 15 million metric tonnes per annum (MMTPA) at an estimated cost of Rs 25,646 crore.

”The project is expected to be completed by October 2011,” Minister of State for Petroleum and Natural Gas Dinsha Patel said in a written reply to the Lok Sabha.

He said the land acquisition was carried out by Orissa Government by consent agreement under section 11(2) of the Land Acquisition Act, based on the compensation package for private land fixed by Orissa Government in October, 1999.

IOC has already acquired 3,347 acres of land for Paradip Refinery Project.

The progress made on the various phases of the project includes the construction of bridges over Santra Creek, approach road including railway over-bridge for the refinery connecting NH-5A to refinery site have been completed.

Tecnological selection for all major units has been completed.

Residential accommodation for construction phase, CISF colony, coastal approach road and green belt development are under various stages of construction.

Project Management Consultant (PMC) has been selected for Front End Engineering and Design (FEED) phase of the project on December 1, 2006.

Patel said the environmental clearance for the project has been received on July 6, 2007.

He added an amount of Rs 2281.87 crore has been sanctioned for Paradip Refinery project for carrying out pre-project activities, out of which, Rs 778.32 crore has been spent as on July 31, this year.

Business Standard in a report mentions the following numbers in regards to IOC’s plan in Paradip.

IOC is also planning around Rs 6,000 crore petrochemical complex at its upcoming 15 mtpa refinery in Paradip, Orissa.

It gets reported once in a while [Hindu1, Hindu, Technoligence,iocl ] that IOC plans a new 300,000 barrels a day refinery and petrochemical complex at Paradip. Timesnow.tv has a recent report on this.