Odisha Clears Rs 2.47 Lakh Crore in Project Approvals
Odisha approved projects valued at Rs 2.47 lakh crore, The Times of India reported on 23 September 2026. Data centres and artificial intelligence infrastructure were identified in the headline as leading the investment surge. The approval covers multiple sectors; the precise breakdown by sector, including the share attributable to mining or minerals, is not available from the single headline on which this report is based.
No source article text could be retrieved, and only one outlet reported the figure at the time of publication. The Rs 2.47 lakh crore total should therefore be treated as a single-source figure pending further corroboration.
| Detail | As Reported |
|---|---|
| Approving authority | Government of Odisha |
| Total project value cleared | Rs 2.47 lakh crore |
| Sectors highlighted | Data centres, AI |
| Source | The Times of India, 23 September 2026 |
| Corroborating outlets | 1 |
Odisha's Position in the Other Minerals Project Pipeline
Regardless of the sectoral split within the new approvals, Odisha is already the single largest state by volume in the Other Minerals project pipeline tracked by Projects India. The state accounts for 156 of the 1,061 live Other Minerals projects currently on record — ahead of Chhattisgarh (125), Andhra Pradesh (113), Madhya Pradesh (107), Karnataka (86) and Gujarat (85).
Recent Odisha-based projects in the tracked pipeline include a pelletisation plant expansion at Jharsuguda being developed by LN Metallics Limited, valued at Rs 737 crore and currently under approvals, as well as two further LN Metallics projects — an iron ore beneficiation plant and a pellet plant, each valued at Rs 205 crore — both currently on hold at Jharsuguda.
Stage Breakdown: Where the Pipeline Stands Nationally
Across all 1,061 tracked Other Minerals projects in India, the dominant stage is Under Approvals, accounting for 593 projects. This is followed by Completed (121), Construction Started (112), Planning (93), Hold (60) and Cancelled (38). The high concentration at the approvals stage reflects an industry where regulatory clearances remain the principal gating factor before construction can begin.
One new Other Minerals project was added to the Projects India tracked pipeline in the 90 days prior to publication. There are currently no open India tenders in the broader Mining Projects sector recorded in the database.
Other Tracked Odisha Projects Across Sectors
Projects India also tracks several other large-value projects linked to Odisha across different sectors. These include two units of the IB Valley Power Project at Jharsuguda, each valued at Rs 9,538 crore, an in-stream storage structure project at Boudh valued at Rs 830 crore, a carded, combed and compact yarns project at Khurda valued at Rs 84 crore, and a canal expansion project at Mayurbhanj valued at Rs 27.57 crore. These projects illustrate the breadth of capital spending already under way in the state independent of the newly reported approvals.
What this means for suppliers and contractors
For suppliers and contractors operating in minerals processing, pelletisation and beneficiation, Odisha's 156-project count in Other Minerals makes it the highest-density state for near-term opportunity in this sub-sector. The concentration of 593 projects nationally at the Under Approvals stage — many of them in Odisha, Chhattisgarh and Andhra Pradesh — means that a significant volume of work is approaching the construction pipeline but has not yet been tendered.
The new Rs 2.47 lakh crore state-level clearance, while dominated in headline terms by data centres and AI, may also release supporting infrastructure demand relevant to minerals logistics, power supply and civil works. Suppliers are advised to monitor live tenders closely as projects currently under approvals move toward construction. The 112 projects already at Construction Started stage nationally represent the most immediately actionable opportunities for equipment makers, civil contractors and process-plant suppliers.
The single-source nature of the Rs 2.47 lakh crore figure, and the absence of a sectoral breakdown within the approval, means suppliers should not assume a fixed share for mining or minerals until further detail emerges from official Odisha government communications.
Frequently asked questions
How much has Odisha approved in project investments in 2026?
The Times of India reported on 23 September 2026 that Odisha cleared projects worth Rs 2.47 lakh crore. Data centres and AI were cited as leading the investment surge. This figure comes from a single outlet and a sectoral breakdown has not been published.
How many Other Minerals projects are tracked in Odisha?
Projects India tracks 156 Other Minerals projects in Odisha, making it the leading state in this sub-sector ahead of Chhattisgarh with 125 projects and Andhra Pradesh with 113. Nationally, 1,061 Other Minerals projects are tracked in total.
What is the current stage of most Other Minerals projects in India?
Of 1,061 tracked Other Minerals projects in India, 593 are Under Approvals. Construction has started on 112 projects, 121 are completed, 93 are in Planning, 60 are on Hold and 38 have been Cancelled.
