Hotline: 1800 102 2007
Hotline: 1800 102 2007
Search Business Opportunities
2009-10-20

New SME Park to come up in Orissa

Bhushan Steel Ltd (BSL) has proposed to the Orissa government for establishing a ‘SME Steel Park’ around its steel project at Meramundali in Dhenkanal district.

Bhushan Steel Ltd (BSL) has proposed to the Orissa government for establishing a ‘SME Steel Park’ around its steel project at Meramundali in Dhenkanal district.  

With steel companies taking an interest in the state, the ancillary industries in Orissa is expected to get a boost.  

BSL is setting up a 3 million tonne steel plant at an investment of Rs 5828 crore. It has already attained 0.5 million tonne per annum (mtpa) steel and 1 mtpa sponge iron capacity along with commissioning of a 110 Mw captive power plant (CPP). 

The company had signed memorandum of understanding (MoU) with the Orissa government for a 3 mtpa steel plant. It has sought 1000 acres of land for the proposed SME steel park, out of which 200 acres will be earmarked for the local downstream units. 

BSL will provide raw materials, infrastructure support, assured power supply and marketing support to the units proposed to come up in the steel park. The company has been asked to submit a combined application form and detail project report (DPR) to the Industrial Promotion and Investment Corporation of Orissa Ltd. (Ipicol) like Jindal Stainless and Nalco.

Related opportunities
  • Laundry & Dry Cleaning
    About Us: In the 60s, the textile care industry was made..
    Locations looking for expansion Maharashtra
    Establishment year 1968
    Franchising Launch Date 2013
    Investment size Rs. 20lac - 30lac
    Space required 250
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Souvenir Shops
    About Us: Established in Hong Kong, Coko is the brainchild of..
    Locations looking for expansion Delhi
    Establishment year 2017
    Franchising Launch Date 2018
    Investment size Rs. 50lac - 1 Cr.
    Space required 800
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • Payment Solution services
    This is a business of future India ( THE DIGITAL..
    Locations looking for expansion Rajasthan
    Establishment year 2012
    Franchising Launch Date 2016
    Investment size Rs. 10000 - 50 K
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Jaipur Rajasthan
  • Juices / Smoothies / Dairy parlors
    About: We are a new-age startup with a vision to make..
    Locations looking for expansion Karnataka
    Establishment year 2013
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required 400
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts