Key sectors include steel, aluminium, power generation, and green hydrogen, with major contributors like Vedanta, JSW Steel, and Orissa Thermal Energy leading the way.

BHUBANESWAR: The Odisha govt has approved investments worth Rs 1,65,303 crore for ten significant industrial projects across seven districts. The approval came during the 40th High-Level Clearance Authority (HLCA) meeting chaired by chief minister Mohan Charan Majhi.
The approved projects, spanning sectors like steel, aluminium, power generation, and green hydrogen, are expected to create 51,939 new jobs. These investments will be distributed across Bhadrak, Cuttack, Ganjam, Keonjhar, Khurda, Mayurbhanj, and Rayagada districts.
Vedanta Ltd leads the investment chart with two major projects in Rayagada district – a Rs 50,537 crore 6 MTPA alumina refinery and a Rs 40,991 crore greenfield 1.2 MTPA aluminium smelter, together creating 15,900 jobs.
In the steel sector, JSW Steel Limited plans to establish a 5 MTPA integrated steel plant in Keonjhar with an investment of Rs 35,000 crore. Other significant steel projects include Shyam Steel Works’ Rs 5,200 crore facility in Bhadrak and OCL Iron and Steel’s Rs 3,000 crore plant in Keonjhar.
The power sector will see Orissa Thermal Energy Limited investing Rs 18,450 crore in a 2400 MW ultra-super critical coal-based thermal power plant in Cuttack, creating 8,100 jobs.
The state is also embracing green technology with Shreetech Data Limited’s Rs 1,560 crore green hydrogen project in Mayurbhanj and World Green Energy’s Rs 1,475 crore solar manufacturing facility in Ganjam.
“These investments mark a new chapter in Odisha’s industrial growth story. The state govt is committed to making Odisha a premier investment destination while ensuring sustainable development,” reads a govt statement.
It states that the approval of these projects reinforces Odisha’s position as an emerging industrial powerhouse in India, with a strong focus on both traditional and green energy sectors.