Page 44 - Construction_Opportunities_June_2024

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INFRASTRUCTURE ODISHA APPROVES `903 CRORE INVESTMENT PROPOSAL Chaitanya Projects Consultancy Pvt. Ltd., visionary leaders in
CHAITANYA PROJECTS CONSULTANCY COMPLETES
TRANSFORMATIVE 4-LANE DEDICATED COAL CORRIDOR
IN RENEWABLE ENERGY SECTOR
The Odisha government has given the green light to investment
integrated infrastructure consultancy across India, announces
proposals totaling `903.41 crore in the renewable energy (RE)
the successful completion of the dedicated 4-lane Coal Corridor
sector, as per an official statement released recently.
Road from Bankibahal to Bhedabahal (SH 10). The corridor serves
Led by Principal Secretary Vishal Kumar Dev, the Energy
Department’s Single Window Committee (SWC) approved these
as a critical conduit for the region, easing the life of 2.8 lacs
proposals with the objective of achieving Odisha’s renewable
energy target of 10 GW by 2030.
Designed to optimize coal transportation efficiency while prioritizing
safety and environmental sustainability, the 7km road is built with
HPCL Renewable & Green Energy Ltd has been granted villagers of Hemgir, Lefripada, Tangarpali, Bilashakara, and Sadar.
approval to establish a 48-MW wind energy project in Umerkote, concrete instead of bitumen, with an investment of `277 crore.
Nabarangpur district. Similarly, ONGC Tripura Power Company Significantly reducing noise, dust pollution, and accident hazards
Ltd has received clearance to develop a 49.5-MW wind energy due to the daily movement of about 200 coal-carrying heavy
project in Astaranga, Puri district, according to the statement. vehicles. This transformative infrastructure project, spanning 30.811
The combined investment for these two wind energy ventures kilometers, was officially inaugurated on April 23, 2024, marking a
amounts to `881.28 crore. major milestone in the state’s infrastructure development.
To date, the SWC of the Energy Department has sanctioned Sanjay Kumar Sinha, Founder and Managing Director, of
investment proposals totaling Rs 3,723.57 crore, aimed at creating Chaitanya Projects Consultancy stated that, “Better road conditions
a total capacity of 499.48 MW in the renewable energy sector. will facilitate more efficient coal transportation, potentially
saving significant amounts of money currently lost to delays and
HOSUR INDUSTRIAL HUB SET TO RECEIVE INTERNATIONAL blockages. Completing the 4-lane dedicated Coal Corridor
AIRPORT Road from Bankibahal to Bhedabahal, is a testament to our
Tamil Nadu Chief Minister M K Stalin announced plans to construct commitment to the ongoing pursuit of sustainable development
a new international airport in Hosur during the state assembly and environmental conservation.”
sessionrecently, marking a significant development for the “We are proud to contribute to Odisha’s infrastructure evolution,
burgeoning industrial hub. aligning with global sustainability goals,” Mr. Sinha added. “This
The proposed airport will span across 2,000 acres and is expected project enhances regional connectivity and underscores our role
to handle up to 30 million passengers annually. Hosur, strategically in shaping a resilient and interconnected future for communities
located near key export-import gateways and major industrial and industries.”
clusters including Chennai, Tiruvallur, Sriperumbudur, and The corridor represents a critical link in Odisha’s infrastructure
Coimbatore, has emerged as a focal point for industries such network this road enhances logistical capabilities and aims to
as automotive and electric vehicle manufacturing, logistics, reduce the carbon footprint through innovative engineering and
electronics, and is in the process of establishing an IT park. operational excellence.
Industries Minister T R B Rajaa expressed gratitude to Chief Under the guidance of the Ministry of Roads and Building
Minister Stalin for greenlighting the airport project, emphasizing Department, Chaitanya Projects Consultancy has implemented
its potential to boost Hosur’s economic landscape. Rajaa, who the project with a steadfast commitment to international standards
had previously advocated for the airport during his tenure with and best practices. By integrating cutting-edge technologies and
the State Planning Commission, highlighted Hosur’s proximity to sustainable methodologies, the corridor exemplifies Chaitanya’s
Bengaluru and Chennai, underscoring its potential to become a dedication to advancing India’s infrastructure and sets a
key economic driver in the region. benchmark for future projects nationwide. On the sidelines of
“The announcement of the Hosur airport is a monumental step government infrastructure development, we are aligning 11 more
forward,” remarked Rajaa. “This project will significantly enhance bridges to redefine the landscape of Odhisa.
connectivity and stimulate economic growth across Hosur and The completion of this project underscores the government’s
neighboring districts like Dharmapuri and Salem. With its favorable steadfast commitment to fostering economic growth, ensuring
climate, the airport will foster a twin-city ecosystem with Bengaluru, safety, and protecting the environment. The project was funded
catalyzing growth in both Tamil Nadu and Karnataka.” by Mahanadi Coalfields Ltd, and constructed by the R & B
Hosur currently hosts major operations of prominent companies department of Odisha.
including Tata Electronics, TVS, Ashok Leyland, Titan, and Rolls- As the corridor opens to traffic, it heralds a new era of progress and
Royce, further cementing its status as a pivotal industrial hub. advancement for Sundargarh and its surrounding areas.
“The establishment of an airport in Hosur will be transformative,
providing substantial infrastructure development and economic
benefits,” commented Jeyaranjan, vice-chairperson of the State
Planning Commission. “This visionary project reflects the proactive
leadership of Chief Minister Stalin and the persistent efforts of
Minister Rajaa. It will undoubtedly elevate Hosur’s connectivity,
attract new investments, and solidify its position as a pivotal
industrial and economic center.”

44 CONSTRUCTION OPPORTUNITIES|JUNE 2024