Odisha bags commitments worth over Rs 1.38 lakh crore

At the first day of the ‘Make in Odisha Conclave’ here, Ambani said he would make a fresh investment of Rs 3,000 cr. “I announce an additional investment of Rs 3,000 cr in Odisha from Reliance Jio. We are on a mission to transform Odisha and we have created employment opportunities for 30,000 people in the last two years in Odisha,” he said.

Tata Sons Chairman N Chandrasekharan announced Rs 25,000 cr investment on capacity expansion of Tata Steel’s Kalinga Nagar plant from 3 mn tonnes per annum (mtpa) to 8 mtpa.

JSPL chairman Naveen Jindal said his company would invest Rs 55,000 cr to augment capacity of Angul steel plant from 6 mtpa to 20 mtpa by 2030. 

Vedanta chairman Anil Agarwal said his company will spend Rs 15,000 cr for its alumina refinery expansion to 6 mtpa from 3 mtpa.

Joining the investment bandwagon, Birla said his company would invest about Rs 14,500 cr in the state, while SAIL chairman Anil Kumar said the CPSU would pump in Rs 41,000 cr to ramp up its Rourkela Steel Plant (RSP) from 4.5 mtpa to 10 mtpa in the next three years.