Balugaon is a town and a Notified Area Council in Khordha district in the state of Odisha, India. It is situated very close to Chilika lake about 90 kilometres (56 mi) from the state capital Bhubaneswar and 76 kilometres (47 mi) from the Berhampur, Ganjam. It is a major economic centre of Khordha district because of its prawn and fish business.