Adani Enterprises is set to invest an estimated 84,000 INR-Crore to develop a coal-to-chemical plant in Sundargarh district, Odisha. The large-scale facility is projected to generate around 36,000 employment opportunities, strengthening industrial development in Odisha.
The State Government approved the project during the 42nd High-Level Clearance Authority meeting chaired by Chief Minister Mohan Charan Majhi. Additionally, the project adds to a series of major investment proposals cleared across the state, reflecting strong investor confidence and supportive policy frameworks.
Also Read: Shyam Metalics plans INR 450 Crore investment to set up aluminium project in Odisha
The state government approved 33 industrial projects worth 1.46 Lakh INR-Crore across 14 districts, covering sectors such as IT/ITES, ESDM, aerospace and defence, steel, aluminium, power and renewable energy, chemicals, semiconductors, and rare earth materials. Jindal India Power Limited will invest 14,000 INR-Crore to set up an ultra-supercritical thermal power plant in Angul. ACME Akshay Energy Pvt Ltd will establish green methanol and green ammonia units in Kendrapara, with investments of 12,422 INR-Crore and 2,344.50 INR-Crore. In Dhenkanal, CESC Green Power will invest 4,505 INR-Crore to build a facility for solar cells, modules, and advanced battery components.
Consequently, the Adani Odisha project will support the state’s goal of boosting industrial growth and creating new jobs. The state government also highlighted strong investor confidence and faster project approvals. This development further positions Odisha as a hub for high-value manufacturing and long-term economic progress.
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