01-02-05-21 Daily-Karnataka-KPSC Current Affairs

The state high level clearance committee (SHLCC), headed by chief minister BS Yediyurappa, on Wednesday cleared projects worth Rs 13,175 crore amid the second wave of the Covid-19 pandemic.

Prominent among the cleared projects include a major in the production of liquid Oxygen by Jindal Steel Works (JSW).

At a time when JSW is the single largest source of medical oxygen in the state, close to 440 MT at full capacity, an added facility is likely to benefit Karnataka in the long run and add to the capacity of the steel manufacturing major.

The project, sub-leased fromJSW Steel Ltd, will be executed by a subsidiary of its under the name of JSW Techno Projects Management limited at a cost of Rs 892 crore inTorangallu,Ballari.

Another major project which recieved clearance from the SHLCC was that of a single unit complex ofIndian Oil Corporationlimited (Iocl) in Chitradurga for storage and dispatch of petroleum on a 130 acre land parcel.