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Orissa to get its first shipyard

The Orissa government has cleared seven investment proposals totalling Rs 13,320 crore, including one shipyard and six mineral-based industries.

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BHUBANESWAR: The Orissa government has cleared seven investment proposals totalling Rs 13,320 crore, including one shipyard  and six mineral-based industries.

The shipyard to come up near Dhamra, 150 kms from Bhubaneswar will be built by APJ-Bharati Shipping Company which had submitted a proposal of Rs 2,200 crore. The proposals were cleared by the single window clearance committee (SWCA) headed by Ajit Tripathy, the state chief secretary.

Other projects which got the SWCA nod include those from Essar Steel, SL Mining and Industries, Dev Ferro Alloys, Orissa Manganese Private Limited, Ravi Metalics and Koustav Mining Pvt Ltd. These projects would provide employment to nearly 9,000 people, Ashok Dalwai, state industry secretary said.

Essar Steel’s proposal is for enhancing capacity from 4 million tonnes to 6 million tonnes per annum while SL Mining Industries’ proposal is for setting up an iron ore beneficiation plant and a pelletisation plant.

Dalwai said that the proposals for two mega projects, the shipyard building unit and Essar Steel’s capacity enhancement, would be sent to the high-level clearance committee headed by the chief minister, Navin Patnaik.

Dalwai said that the shipbuilding yard would come up at investment of Rs 2,200 crore and the project completed in three phases within 72 months of the signing of the Memorandum of Understanding (MoU).

Earlier, APJ Bharati Shipyard proposed to set up two shipyards in West Bengal along with the Essar Group. The approximate project cost in West Bengal would be around Rs 2,000 crore.

“With the coming up the shipyard unit, Orissa will benefit a lot. It would earn huge revenue to the tune of Rs 3,700 crore,” Dalwai said.

Dalwai said as massive industrialisation was taking place in Orissa, the ship building yard would augment the water transport system in the state.

Around 11 ports are coming up in the state, which already has ports at Paradip and Gopalpur. 

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