Odisha govt pushes for speedy execution of IOCL mega projects

Prameyanews English

Published By : Chinmaya Dehury | May 23, 2025 10:07 PM

Minister Sampad Swain

Bhubaneswar, May 23: Industries Minister Sampad Chandra Swain today chaired a high-level review meeting, focusing on expediting key infrastructure projects by Indian Oil Corporation Limited (IOCL).

The review zeroed in on two transformative ventures: the Dual Feed Naphtha Cracker Plant in Paradeep and the Yarn Manufacturing Project in Bhadrak.

Calling for urgency and synergy across departments, Swain directed officials to resolve pending land acquisition issues and accelerate the process of obtaining statutory clearances. 

He emphasized that early grounding of these projects is crucial not only for industrial growth but also for unlocking large-scale employment and investment opportunities in the state.

“These projects represent a turning point in Odisha’s development journey. They will serve as catalysts for economic transformation, ushering in a new era of industrial prosperity for our people,” he said.

Higher Education Minister Suryabanshi Suraj emphasized on the importance of coordinated action among all stakeholders to realize Odisha’s long-term economic potential.

The Paradeep Naphtha Cracker Plant is expected to be a game-changer in the petrochemicals sector, creating a robust downstream ecosystem, while the Bhadrak Yarn Project is set to bolster the state’s textile industry and generate significant employment, particularly in rural regions.

Also present were Hemant Sharma, Additional Chief Secretary, Industries Department; senior officials from IOCL, IDCO, IPICOL, OPTCL, Tata Power, Dredging Corporation of India Limited; and senior officers from the Departments of Revenue & Disaster Management, Water Resources, and Collectors of Bhadrak and Jagatsinghpur districts.

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