Odisha State has approved of nine investment proposals worth Rs 1.53 lakh crore, including a proposal of ArcelorMittal Nippon Steel (AMNS) India Ltd to set up a 7 MTPA (million tonne per annum) steel plant in Jagatsinghpur with an investment of Rs 38,000 crore. It will be the second AMNS India Ltd steel plant as the Odisha Government had already given the green signal for a 24 MTPA integrated steel plant in Kendrapara district with an investment of Rs 1.02 lakh crore. In other sectors, a proposal of ACME Clean Energy Pvt Ltd, entailing an investment of Rs 58,209 crore was also approved to set up a green hydrogen plant and a green ammonia plant with a capacity of 1.1 million MT, at Kujanga, Jagatsinghpur. The company would also set up a captive solar plant of 4500 MW in Koraput and Kalahandi districts. A high-level committee headed by Chief Minister Naveen Patnaik also approved the proposal of AvaadaGreen to set up a green ammonia unit in Ganjam district with an investment of Rs 23,500 crore.