Kolkota based Ambo Steel and Power to set up pellet unit in Deogarh

August 20, 2012 at 6:32 am Leave a comment

Following is a report from the Pioneer:

Kolkota-based Ambo Steel and Power has proposed to set up a 1.2-MTPA pellet and beneficiation plant at Barkot in Deogarh district with an investment of Rs 478 crore.

Ipicol CMD CJ Venugopal said the proposal of the company was cleared at the State-Level Single Window Clearance Authority (SLSWCA) held under the chairmanship of Chief Secretary Bijay Kumar Patnaik.

The SLSWCA cleared two industrial project proposals worth Rs 538 crore, including the Ambo Steel and Power Company’s pellet and beneficiation plant. The Ipicol CMD said Ambo Steels and Power proposed to set up the plant in two phases and requires 200 acres of land. The plant would provide direct employment to around 500 people.

The company has also agreed to a proposal from the State Government to set up maize processing plant in undivided Koraput district, Venugopal said. He also said that the proposal of the SMB Beverage to set up a soft drink bottling plant at Bhatly in Bargarh district at a cost of Rs 60 crore, also got the nod of the SLSWCA. The plant would have a capacity to produce Rs 100 lakh crates per annum and provide direct employment opportunity to 117 persons. The company has sought 15 acres of land for the setting up the soft drinks bottling plant.

Venugopal said that as per the in principle decision of the SLSWCA, henceforth, the District Level Single Window Clearance Committee headed by the District Collectors were authorized to give clearance to all viable tourism related projects worth less than Rs 5 crore. Tourism projects above Rs 5 crore would come under the purview of the SLSWCA for scrutiny, he said.

In another major decision, the SLSWCA in principle prohibited setting up of any industry within 300 metres from the National and State Highways.


Entry filed under: Deogarh, Industries and mineral resources, Region watch.

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