India News | Odisha Govt Signs MoUs Worth over Rs 23,300 Cr with 11 Companies
Get latest articles and stories on India at LatestLY. The Odisha government on Friday signed MoUs for different projects to the tune of Rs 23,389 crore with 11 companies, officials said.
Bhubaneswar, Jan 19 (PTI) The Odisha government on Friday signed MoUs for different projects to the tune of Rs 23,389 crore with 11 companies, officials said.
The projects will be set up in the districts of Jharsuguda, Sambalpur and Sundergarh, they said.
These will likely create employment for 15,168 people, the officials said.
The MoUs were inked at the Enterprise Odisha Summit held at Jharsuguda in the presence of senior officials of the state government and various companies.
The agreements include pacts with Epsilon Carbon Private Ltd, which has proposed an investment of Rs 10,000 crore in the state over 10 years, and Ind Barath Energy Utkal Ltd, which will set up an 800-MW ultra super critical coal-based thermal power plant at Jharsuguda for Rs 6,012.46 crore.
Epsilon Carbon will set up a unit in the integrated carbon complex (ICC) in Jharsuguda.
“Jharsuguda's industrial ecosystem, availability of skilled labour, robust infrastructure and industry-friendly policies make it an ideal location for the upcoming mega projects,” said Vikram Handa, managing director of Epsilon Carbon.
(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)