Odisha has set its journey on to becoming the biggest petrochemical hub of East India. Naveen Patnaik‘s government cleared mega investment proposals of M/s Haldia Petrochemicals Ltd (HPL) and Indian Oil Corporation Limited on Monday night.
Odisha government approves five investment proposals worth Rs 2.04 lakh crore
In a High-Level Clearance Authority (HLCA) headed by the Chief Minister Naveen Patnaik, a total of 5 projects worth Rs 2,04,069 crore were approved. The investment is said to be the highest ever investment approved by the HLCA ever. It is expected that the projects have the potential to create employment avenues for 27,645 people.