Karmactive Staff

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Odisha's Chief Minister Naveen Patnaik has sanctioned a significant ₹84,918.75 crore for 12 industrial initiatives, marking a new era in sustainable development.

Karmactive Staff

Photo Source: Google

Over half of this investment is dedicated to advancing green hydrogen and ammonia sectors, spotlighting Odisha's commitment to green energy.

Karmactive Staff

Photo Source: Google

ReNew E-Fuels Pvt Ltd is at the forefront with two ambitious projects in Malkangiri and Rayagada, investing ₹19,000 crore in green hydrogen and methanol production.

Karmactive Staff

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Job creation is a major thrust, with these projects expected to generate 42,281 employment opportunities across various districts.

Karmactive Staff

Photo Source: Google

The investments span multiple sectors, including textiles and steel, reflecting a diverse industrial growth strategy.

Karmactive Staff

Photo Source: Google

Tata Steel and NTPC Limited are among the major players, with significant investments in steel production and power generation, respectively.

Karmactive Staff

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The state's industrial landscape will benefit from projects in Cuttack, Dhenkanal, Ganjam, and Jajpur, promoting balanced regional development.

Karmactive Staff

Photo Source: Google

This industrial investment promises not just economic growth but also a sustainable future for Odisha.

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