Odisha Govt Signs MoUs Worth Rs 23,300 cr with 11 Companies

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.