Announcement Stage Packaging / Plastics Private Sector

Rs.3000 Million PET Recycling Plant Project in Odisha

Investment
From 1000 Million to 4999 Million
Stage
Announcement Stage
Location
NA, Odisha
Last updated
11 Sep 2026

Project summary

A newly incorporated circular-economy venture is building an integrated PET recycling plant in Odisha, backed by a Rs. 3000 Million senior loan from Austria's development bank OeEB. The facility will convert used PET bottles into food-grade recycled PET (rPET), flakes, pellets, resin and preforms, and will use rooftop solar power along with a zero-liquid-discharge effluent system. The project is expected to create over 1,000 direct and indirect jobs once operational.

Project details

SegmentPackaging / Plastics
IndustryManufacturing
Products & capacityPET Recycling Plant
DistrictNA
StateOdisha
InvestmentFrom 1000 Million to 4999 Million
Project typeNew
OwnershipPrivate Sector
StageAnnouncement Stage
Last updated11 Sep 2026
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