State to be petrochemical hub
Prime Minister Narendra Modi inaugurated and laid foundation stone of multiple development projects worth over Rs.18,600 crore on 20 June, commemorating the completion of one year of the Government of Odisha.
In Bihar, The Prime Minister Shri Narendra Modi inaugurated and laid the foundation stone of multiple development projects worth over Rs.5,200 crore at Siwan.
The projects are in critical sectors including drinking water, irrigation, agricultural infrastructure, health infrastructure, rural roads and bridges, sections of national highways, and a new railway line https://www.conexpoconagg.com/.
The Prime Minister announced that the central government is setting up a special fund of Rs.25,000 crore, which will greatly benefit those living along Odisha’s coastline and generate opportunities for the youth https://sbi.com.in/.
Noting the expansion of industrial zones from Paradip to Jharsuguda, he highlighted that this is strengthening Odisha’s mineral and port-led economy https://www.globaltenders.com/.
The Prime Minister stated that the central government is investing thousands of crores of rupees in enhancing road, rail, and air connectivity in Odisha https://www.commerce.gov.in/.
He added that projects such as the establishment of a mega dual-feed cracker and downstream unit in Paradip, a crude oil storage facility in Chandikhole, and an LNG terminal in Gopalpur will position Odisha as a major industrial state.
PM Modi remarked that these developments will boost industries related to petroleum, petrochemicals, textiles, and plastics. He stated that this will lead to the creation of a vast network of small and medium enterprises https://www.nseindia.com/.
He emphasized that it will generate lakhs of new employment opportunities for the youth.
The Prime Minister highlighted that in recent years, nearly Rs.1.5 lakh crore has already been invested in Odisha’s petroleum and petrochemical sectors. “Odisha is rapidly advancing towards becoming India’s petrochemicals hub,” he added https://www.bseindia.com/.
Background:
Marking a historic moment for the district’s integration with the national railway network, Prime Minister flagged off new train services extending rail connectivity to Boudh district for the first time.
In a major boost to clean energy and sustainable transport, Prime Minister flagged off 100 electric buses under the Capital Region Urban Transport (CRUT) system, supporting a modern, eco-friendly urban mobility network.
Prime Minister released the Odisha Vision Document. Anchored around the landmark years of 2036 (when Odisha completes 100 years as India’s first linguistic State) and 2047 (when India celebrates 100 years of independence), the Vision will outline an ambitious and future-ready roadmap for inclusive growth.
As a tribute to the contribution of eminent Odias, Prime Minister launched the ‘Baraputra Aitihya Gram Yojana’ initiative. It aims to transform their birthplaces into living memorials through museums, interpretation centers, statues, libraries, and public spaces honouring Odisha’s heritage while promoting cultural tourism.
The Bihard projects:
Boosting railway infrastructure in the region, Prime Minister inaugurated the new Vaishali–Deoria railway line project worth over Rs 400 crore and flag off a new train service on this route. Additionally, in a major boost to connectivity in North Bihar, Prime Minister also flagged off the Vande Bharat Express between Patliputra and Gorakhpur via Muzaffarpur and Bettiah.
Furthering the vision of “Make in India – Make for the World,” Prime Minister also flagged off a state-of-the-art locomotive built at the Marhowra Plant, for export to the Republic of Guinea. This is the first export locomotive manufactured in this factory. They are equipped with high-horsepower engines, advanced AC propulsion system, microprocessor-based control systems, ergonomic cab designs and incorporate technologies like regenerative braking.
In line with his commitment to conservation and rejuvenation of river Ganga, Prime Minister inaugurated six Sewage Treatment Plants (STPs) under the Namami Gange project worth over Rs.1,800 crore catering to the needs of people in the region.
Prime Minister also laid the foundation stone for water supply, sanitation and STPs worth over Rs.3,000 crore in various towns across Bihar aiming to provide clean and safe drinking water to the citizens of these towns.
In a major boost to power infrastructure in the region, PM laid the foundation stone for 500 MWh Battery Energy Storage System (BESS) capacity in Bihar. Standalone BESS are being installed at 15 grid substations of the state including Muzaffarpur, Motihari, Bettiah, Siwan among others.
The capacity of the battery to be installed in each sub-station is between 20 to 80 MWh. It will save the distribution companies from buying electricity at expensive rates by feeding the already stored electricity back to the grid directly benefiting the consumers. Fiinews.com
