daily menu » rate the banner | guess the city | one on oneforums map | privacy policy | DMCA | news magazine

Go Back   SkyscraperCity > Asian Forums > India > East > East India Projects

East India Projects Project news from West Bengal, Assam, Chattisgarh, Jharkhand, Orissa, Bihar, Sikkim and the 6 NE sister states



Reply

 
Thread Tools Rating: Thread Rating: 37 votes, 4.89 average.
Old December 7th, 2011, 07:57 AM   #201
Planned Chaos
Carpe Diem
 
Planned Chaos's Avatar
 
Join Date: Oct 2010
Location: BBSR
Posts: 68
Likes (Received): 3

Direct tax mop-up: Metros falter, small cities robust

Quote:
Kitty from the two metros almost static; collections from smaller ones way above last year’s.

Direct tax realisation across the country shows the major centres of Mumbai and Delhi witnessing flat or negative growth, while smaller ones have shown encouraging trends.

Number one in growth over last year’s net direct tax collection during April 1-December 1 is Bhubaneswar, with a 52.6 per cent increase at Rs 4,187 crore (Rs 2,744 crore in last year’s corresponding period). Of the collection this year, Rs 2,959 crore has come from corporate tax and Rs 1,226 crore from personal income tax.



A senior department official said the better growth in direct tax realisation in smaller regions clearly indicated an increase in business activities in these. And, that this had come despite overall sluggish performance. Jaipur with 43.2 per cent at Rs 3,431 crore (Rs 2,395 earlier) during the period is at the second spot and Bhopal with a 35.5 per cent increase at Rs 5,809 crore (Rs 4,288 crore) is third. Chandigarh, Ahmedabad, Lucknow and Kochi are fourth, fifth, sixth and seventh, with growth of 34 per cent, 29 per cent, 27.3 per cent and 24 per cent, respectively.

The net collection in Chandigarh during April 1-December 1 was Rs 11,594 crore (Rs 8,659 crore last year, same period). It was ~ 10,942 crore (Rs 8,485 crore) in Ahmedabad; Rs 2,821 crore (2,216 crore) in Lucknow and Rs 3,120 (Rs 2,517 crore) in Kochi. Patna, with 20 per cent growth at Rs 2,766 crore (Rs 2,306 crore), is eighth.

In comparison, the two biggest contributors to the tax kitty, Mumbai and Delhi, have recorded a 0.1 per cent growth and a 1.5 per cent fall, respectively, during April 1-December 1. Net direct tax mop-up during this period in Mumbai was Rs 72,516 crore (Rs 72,445 crore last year); in Delhi, Rs 33,246 crore (Rs 32,750 crore).

Bangalore and Chennai centres have seen an increase in net direct tax realisation by 14 per cent and 15 per cent, respectively. The collection in Bangalore was Rs 22,755 crore (Rs 19,950 crore) and Rs 17,382 crore (Rs 15,116 crore) in Chennai. Total net direct tax realisation growth during April 1-December 1 has been 8.8 per cent, as against a 7.1 per cent increase witnessed till October.

While gross direct tax mop-up till December 1 in 2011-12 was Rs 3,03,650 crore, net collections were Rs 2,34,729 crore, after refunds of Rs 68,918 crore. Net direct tax realisation during April-December 1 in 2010-11 was Rs 2,15,659 crore. Of the total net realisation of Rs 2,34,729 crore, about Rs 1,47,225 crore was from corporate tax and Rs 83,535 crore from income tax.

The government’s budget target for direct tax collection is Rs 5.33 lakh crore, with a projected growth of 19 per cent, higher than the 18 per cent in 2010-11.

The Central Board of Direct Taxes is now keenly awaiting the third installment of advance tax payment due on December 15, for an improvement on the growth figure of 8.8 per cent witnessed till December 1.
Planned Chaos no está en línea   Reply With Quote

Sponsored Links
 
Old December 9th, 2011, 03:20 PM   #202
Planned Chaos
Carpe Diem
 
Planned Chaos's Avatar
 
Join Date: Oct 2010
Location: BBSR
Posts: 68
Likes (Received): 3

Second Infosys campus in city soon

Quote:
BHUBANESWAR: The second campus of IT bellwether Infosys in the city will be ready soon, said Kris Gopalkrishnan, the executive co-chairman of the company.

The new campus will be bigger and better than the existing campus. "Every new campus is better than the old campus. It will be more efficient, consuming less water and saving more energy," Gopalkrishnan said.

Sources in Infosys said the first phase of the 50-acre second campus near Khurda will be ready in three months.

Gopalkrishnan said the new facility will employ 3,000 to 5,000 people. The existing Infosys campus in Infocity has a headcount of 3,500. Infosys has given offer letters to around 1,500 new recruits in Odisha this year, he said.


The co-chairman said the Bhubaneswar unit of the company was doing very well. "We were the first among the big IT companies to have come to Bhubaneswar. We are doing quite well here," he said, adding employee attrition was also very low here.

Gopalkrishnan said the mushrooming of so many engineering colleges without infrastructure is a worrying trend. "It does worry me. We need numbers, but we must improve quality," he said.

The senior Infosys official said the education sector should be opened up for foreign players. "Such a move will improve quality and competition," he said, adding Indian institutions would not lose out on anything. They are competent and robust enough to compete with global players.

Gopalkrishnan said though devaluation of rupee has been a positive development for the export-driven IT companies, it is a worrying trend because the volatility of the market is too much. Since the country as such is a net importer, devaluation is a big concern, he added.
Planned Chaos no está en línea   Reply With Quote
Old December 19th, 2011, 07:02 PM   #203
SSCaddict
Sagar
 
SSCaddict's Avatar
 
Join Date: Aug 2010
Location: New Delhi
Posts: 5,263
Likes (Received): 47


Quote:

Chief minister Naveen Patnaik on Sunday inaugurated an all-weather deep sea port at Dhamra in Bhadrak district.

A joint venture of Tata Steel and Larsen and Toubro, the Rs-3500-crore port project was built on PPP (public-private-partnership) mode and became commercially operational in May after phase one work was completed - the building of two cargo berths of 350 metres long each. The port is equipped for an achievable discharge rate of 600,000 metric tons per day and loading rate of 100,000 MT per day of dry bulk cargo.

Dhamra Port Company Limited (DPCL) sources said around 50 ships, including capesize vessels of more than a dead weight of one lakh metric tonne, have berthed so far. The port has built an 18 km channel to connect with deep sea and a 62-km fully electrified rail link to connect with the Howrah-Chennai main line for transportation of cargo, company sources said.

Naveen said, "We have added another feather to the glory of our state by establishing the biggest port in eastern India. We have successfully built an infrastructure industry to make multiple use of the abundant natural resources of the state." He added, "The Paradip port was established (in 1962) by former chief minister Biju Pattnaik. We are paying tributes to him today by fulfilling his dream of an industrial Odisha by establishing the Dhamra Port."

CEO of DPCL Santosh Mahapatra said, "We have laid stress on providing as much employment to local people as possible during the phase one of the port project. The port would have 14 berths after phase three work gets over."

A host of dignitaries, including commerce and transport minister Sanjeeb Sahoo, tourism and culture minister Prafulla Samal, Bhadrak MP Arjun Charan Sethy, chief secretary Bijay Pattnaik and Union shipping secretary K Mohandas, were present on the occasion.
SSCaddict no está en línea   Reply With Quote
Old December 19th, 2011, 07:40 PM   #204
murlee
ВANNED
 
murlee's Avatar
 
Join Date: Nov 2009
Location: Chennai/Faridabad
Posts: 10,506
Likes (Received): 3938

Wow.. Is this the biggest port in Eastern coast??
murlee no está en línea   Reply With Quote
Old December 20th, 2011, 09:10 AM   #205
SSCaddict
Sagar
 
SSCaddict's Avatar
 
Join Date: Aug 2010
Location: New Delhi
Posts: 5,263
Likes (Received): 47

yes
SSCaddict no está en línea   Reply With Quote
Old December 21st, 2011, 07:07 PM   #206
anidel
BANNED
 
Join Date: Jan 2010
Location: New Delhi
Posts: 822
Likes (Received): 45

Quote:
Originally Posted by murlee View Post
Wow.. Is this the biggest port in Eastern coast??
Nothing to fell happy about as its to dig out and sell India in pieces.

Our minerals will be sold at cheap prices (much of it will be illegal mining and export like bellary in karnataka)

When India will need its minerals for growth we have to import them paying higher prices.
anidel no está en línea   Reply With Quote
Old March 5th, 2012, 09:38 AM   #207
Planned Chaos
Carpe Diem
 
Planned Chaos's Avatar
 
Join Date: Oct 2010
Location: BBSR
Posts: 68
Likes (Received): 3

NTPC to invest Rs.25,000 crore in two Odisha projects

Quote:
NTPC hopes to break the ground for its two proposed super thermal power projects (STPP) with 1,600 MW capacity each at Darlipali in Sundargarh and Gajmara in Dhenkanal district this year.

The company plans to invest more than Rs.25,000 crore in the two projects.
“We have already been served demand notice for occupying land at Darlipali. About 1,632 acres is required for the project,” said Jaydeb Nanda, Regional Executive Director of NTPC's (East-II) zone, addressing a press conference here on Saturday. It would be a super critical power plant, the first of its kind to be set up in Odisha, Mr. Nanda said.

“To ensure the upcoming project gets uninterrupted raw material, NTPC will source 7 million tonnes per annum coal from Dulunga and 12.5 million tonnes from Pakri Barwadih blocks allotted to the company,” he said. The project would depend on Hirakud reservoir for sourcing water.

Similarly, according to Mr. Nanda, the proposed Gajmara project would require 1,039 acres in Dhenknal district.

At present, NTPC generates 3,460 MW of power from the State. It hoped to add another 4,500 MW from its three upcoming projects, including Darlipali and Gajamara. It has also proposed to add 1,320 MW capacity at its Talcher facility.

Pointing out that coal supply to its plants generation capacity had largely improved in recent months, Mr. Nanda said its STPP at Kaniha in Angul district was getting 60,000 tonnes of coal per day against the requirement of 52,000 tonnes. He, however, admitted that the facility had faced coal shortage in the past. “The company is all set to resolve the coal shortage for Kaniha facility once it starts operating the very near-by coal mine,” the NTPC top official said.

On the proposed medical college at Sundargarh, Mr. Nanda said, “we may spend around Rs.350 crore on the medical college. A patch of land measuring 25 acres has been identified. However, the medical college project has been linked up with the acquisition of land for Darlipali STPP. “A combined project proposal will be prepared for both the thermal project and the medical college.”
Planned Chaos no está en línea   Reply With Quote
Old March 6th, 2012, 08:38 AM   #208
Planned Chaos
Carpe Diem
 
Planned Chaos's Avatar
 
Join Date: Oct 2010
Location: BBSR
Posts: 68
Likes (Received): 3

Rio Tinto to invest in $2 bn Orissa project

Quote:
Rio Tinto, the world’s third largest mining company, will invest in a $2 billion iron ore project in Orissa to supply clients in India and overseas with the steel making material, Sam Walsh, head of the company’s Australia-based iron ore division, said on Monday.

The project will be the largest investment by an Australian firm in India, Walsh told reporters on the sidelines of the Australia-India Chief Executive Officers’ Forum in New Delhi.

“We expect to ramp up (production) quickly to 15 million tonnes (mt) per year,” said Walsh. “We will bring the technology and environment safety systems and will obviously be using local people in the project.”

Total foreign direct investment (FDI) from Australia from April 2000 till December 2011 stood at $486.5 million, just 0.3% of the country’s total FDI flows, according to trade ministry data.

India’s mining companies have found it difficult to expand to keep pace with the rising demand, hampered by opposition from displaced locals, stringent environmental norms and a slow process for getting approvals.

In response to a question on whether Rio’s plans would be affected by the fact that South Korean steel giant Posco’s plans had run into trouble with locals protesting against plans for a $12 billion captive power-cum-steel plant, Walsh said, “I am a very patient man. We will go through all the processes needed to bring this project on board. We are already working with local communities.”

Rio Tinto owns 51% of the project, according to the website of partner Odisha Mining Corp., which holds 44%. The remaining 5% is owned by NMDC Ltd, India’s biggest iron ore producer.

“Foreign companies are looking ahead to opportunities opening up in the Indian mining sector, especially as there is a new mining policy on the anvil,” said a Delhi-based steel and mining consultant who requested anonymity. “Rio Tinto has been in India for many years and is engaged in exploration and reconnaissance projects and is looking for mining leases. It is not surprising, therefore, that it is seeking to strengthen its position by announcing this investment.”

India’s steel ministry in November estimated local demand may grow at 9% a year over the next five years. While Tata Steel Ltd and Steel Authority of India Ltd own iron ore mines, JSW Steel Ltd buys as much as 80% of its needs from local and overseas suppliers.

With expectations of significant infrastructure and industrial growth in India, Rio Tinto remains keen to contribute to the development of the Indian iron ore sector, Rio Tinto said on its website.

A separate venture between Rio Tinto and NMDC was stalled in 2010 after the companies failed to make headway because of a lack of synergy, Rana Som, the then chairman at the Hyderabad-based company, said on 21 December.

India’s iron ore output may tumble 50% this year from 226mt mined in the year ended 31 March after the government raised levies, R.K. Sharma, secretary general at the Federation of Indian Mineral Industries, said on 2 January. The country’s total recoverable reserves are about 7.06 billion tonnes, according to the Indian Bureau of Mines and Federation of Indian Mineral Industries.

Meanwhile, India is seeking a say in deciding the price it pays for coal imported from Australia, so far decided on the basis of negotiations between that country and Japan, one of the largest importers of Australian coal.

This was among the issues discussed at the CEOs’ forum that also focused on fast-tracking a bilateral trade pact, establishing direct air links between the two countries and even a prime ministerial visit from India to give a boost to commercial links.

“When we buy coal from Australia, we are relying more on how Australians are negotiating with the Japanese,” said Naveen Jindal, member of parliament and chairman and managing director, Jindal Steel and Power Ltd. “Historically Japan was consuming a lot more (coal) than us. But now since our requirements have increased and are going to further increase as we are going to be producing a lot more steel than Japan, we have to take that dominant role in the negotiation for coking coal and even thermal coal for meeting our energy requirements,” Jindal, co-chair of the CEOs’ forum, told reporters.
Planned Chaos no está en línea   Reply With Quote
Old March 31st, 2012, 10:27 AM   #209
SSCaddict
Sagar
 
SSCaddict's Avatar
 
Join Date: Aug 2010
Location: New Delhi
Posts: 5,263
Likes (Received): 47


Quote:

Orissa has emerged as the numero uno state in attracting investors across sectors, carrying forward its investor friendly momentum.

The state has attracted investments to the tune of Rs 13.66 lakh crore till January 2012, the highest among all states, making it the biggest investment grosser, minister for industries and steel & mines Raghunath Mohanty informed the state assembly.

The investment figure is according to the latest data collated by Department of Industrial Policy and Promotion (DIPP) under Government of India.
The minister said, the state has pulled investments worth Rs 1.67 lakh crore in the power sector from 29 independent power producers for establishment of thermal power stations. The state government had also inked Memorandum of Understanding (MoU) with 50 steel players, attracting investments of over Rs 2 lakh crore of which 30 small and medium steel projects had begun partial production.

In order to create a conducive atmosphere for industrialization, the state government has stepped in with policy interventions like Orissa Industries Facilitation Act-2204, Industrial Policy Resolution-2007 and MSME (Micro, Small and Medium Enterprises) Development Policy-2009.

Besides, the state has taken steps to boost industrial infrastructure by identification of sites for industrial clusters and Special Economic Zones (SEZs) and also industrial parks such as IT park, biotechnology park and ancillary downstream parks, Mohanty said.

A Petroleum, Chemicals and Petrochemicals Investment Region (PCPIR) has also been proposed at Paradip, he added.

The PCPIR project in the state would be set up on 284.15 sq km (70,214 acres) of land spread over Jagatsnghpur and Kendrapara districts. The PCPIR hub is expected to attract investments to the tune of Rs 2.74 lakh crore.

Phase-I work of the project is expected to be completed by 2015 while the entire project is scheduled for commissioning by 2030.

Of the expected overall investment figure of Rs 2.74 lakh crore, the lion's share would come from the petroleum and petrochemicals sectors at Rs 2.3 lakh crore followed by housing and allied infrastructure at Rs 23,500 crore, external infrastructure at Rs 13,634 crore and Rs 3,500 crore each for chemicals & fertilizers and ancillary sectors.

The mega project is set to create employment for 6.48 lakh people which includes direct employment for 2.27 lakh people and indirect employment for 4.41 lakh others.

The Orissa government has committed an expenditure of Rs 1,796 crore on infrastructure development for the PCPIR hub. Out of the envisaged expenditure of Rs 1,796 crore, Rs 754 crore will be spent on development of arterial roads, Rs 465 crore on water supply, Rs 410 crore on power distribution and Rs 136 crore on canal upgradation.
$300 billion!
SSCaddict no está en línea   Reply With Quote
Old May 31st, 2012, 05:49 AM   #210
senthilkumark
Registered User
 
senthilkumark's Avatar
 
Join Date: Oct 2011
Posts: 918
Likes (Received): 169

Bhubaneswar “solar city” to tap solar energy in big way

According to reports, the ‘Solar City’ project, proposed by the Centre in late 2011, will progress to the next step if the master plan is ready by the end of this month.

The project was launched by the Ministry of New and Renewable Energy (MNRE) to enable the cities tap more renewable energy. The purpose of the project is to reduce electricity consumption by 10 per cent by utilising solar energy. The project had 48 cities in its ambit at the start, out of which 37 were sanctioned in the first phase and seven cities were ready with the master plan at the launch of the project.

The Bhubaneswar Municipal Corporation (BMC) had roped in a consultant to help prepare the master plan for the city. Civic officials are hopeful that the consultant will be ready with the plan in time.“Our major focus will be on street-lighting as major part of our funds go into it. We will now try to reduce the funding by using solar energy,” said BMC Environment Officer BK Rout. Government hospitals, office buildings and BMC offices, could be used to set up solar panels for tapping solar power.

The master plan cost of Rs 2 lakh is being provided by Odisha Renewable Energy Development Agency (OREDA). It will take into account the complete power consumption of households and industrial zones in the city. It will also record the city’s petrol consumption and other forms of energy over the years. Based on these reports, they will identify locations for tapping solar energy. Recently a mega project was undertaken in Gujarat by its government in solar energy. In Bhubaneswar the project is in its nascent stage, but the plan will make use of whatever resources the city has to tap solar power.

BMC officials said Bhubaneswar also has land for such a development, but will have to wait till the master plan is ready.
senthilkumark no está en línea   Reply With Quote
Old July 24th, 2012, 06:10 PM   #211
anidel
BANNED
 
Join Date: Jan 2010
Location: New Delhi
Posts: 822
Likes (Received): 45

Odisha, Kerala to jointly develop 1,000 MW coal-fired plant


Jayajit Dash / Kolkata/ Bhubaneswar Jul 24, 2012, 00:02 IST


Odisha and Kerala are set to tie up for setting up a 1,000 MW pit-head coal-fired power plant close to the Baitarani west coal block under Talcher coalfields in Angul district. The power project is estimated to cost Rs 4,500 - Rs 5000 crore.

The Baitarani west coal block with reserve of 600 million tonnes has been jointly allocated to Odisha Hydro Power Corporation (OHPC), Gujarat Power Corporation (GPC) and Kerala State Electricity Board (KSEB).

“OHPC and KSEB may forge a joint venture for setting up the power plant but the specifics are yet to be worked out. Site selection for the proposed coal-based plant is also pending but we are interested in putting up a pit-head plant to cut coal transportation cost,” said an official source. Earlier KSEB’s plan to establish a power plant in Odisha had got the cold shoulder from the state government. Odisha chief minister Naveen Patnaik had even written to the Coal ministry in January this year, stating that allocation of the Baitarani west coal block to KSEB was unjustified.

“Use of imported coal from Indonesia will be a more appropriate proposition for Kerala, particularly when the ongoing power projects in Odisha are not able to get their coal requirement. Alternatively, Kerala may avail power through wheeling power from any of the ongoing MoU (memorandum of understanding) signed power plants in Odisha. Hence, allocation of Baitarani west coal block from Talcher coalfields to KSEB should be cancelled,” Patnaik had stated to coal minister Sriprakash Jaiswal.

But of late, the Odisha government has responded positively to KSEB’s proposal to set up a power plant through the joint route.

It may be noted that Chennai-based Neyveli Lignite Corporation Ltd (NLC), a navratna PSU has also evinced interest in setting up a 2,000 MW coal-fired power plant in Odisha through a joint venture with a state government owned PSU. The proposed power plant envisages an investment of around Rs 10,000 crore. Though the exact location for this power plant is yet to be decided, NLC prefers to put up the plant in the vicinity of its allocated coal blocks-Talabira-2 and Talabira-3 situated under the command area of Mahanadi Coalfields Ltd (MCL).

The Odisha government has inked MoUs with 29 independent power producers (IPPs) for setting up coal-based power plants with combined power producing capacity totaling to 37,000 MW.

http://www.business-standard.com/ind...-plant/481207/
anidel no está en línea   Reply With Quote
Old December 6th, 2012, 04:59 PM   #212
studdmanster
<!error detected>
 
studdmanster's Avatar
 
Join Date: Oct 2009
Location: Jamshedpur/Kolkata
Posts: 7,912
Likes (Received): 503

Mayfair beach resort opening soon in Gopalpur

The Mayfair group of hotels will commercially start operating the Palm Beach Resort at Gopalpur in Orissa from 9 December. After buying the luxury property in September 2011, the group has spent Rs 30 crore on its renovation. The hotel had been shut since 2002 due to structural damage.

“We decided to renovate the hotel as it is a heritage property. I
t has also got good business prospects because people from India and abroad come to Gopalpur for its scenic beauty and peaceful atmosphere,” said Dillip Ray, CMD of Mayfair Hotels and Resorts Group.

The Mayfair Palm Beach Resort is the latest and eighth addition to the hotel chain. Sprawling over eight acres overlooking the sea, this property has 32 rooms besides a marriage hall and tennis court.

The Mayfair group bought it for around Rs 10-crore. “We added another floor to the original structure. Architects of Bhubaneswar-based Creative Design Group have helped us renovate the hotel,” said Ray.

The beach resort was constructed at Gopalpur by Italian Singnor Maglioni in 1914. The Oberoi Group of Hotels had bought it in 1947. Tourists staying on this property can take a trip to Aska to see peacock and blackbuck habitats. Even Rushikulya, the mass nesting site of Olive Ridley turtles and hot spring at Taptapani are not far.
__________________
No One Becomes Learned By Reading Books....
studdmanster no está en línea   Reply With Quote
Old December 15th, 2012, 05:17 PM   #213
karkal
Registered User
 
Join Date: Jan 2012
Posts: 9,840
Likes (Received): 5962

IBM ties-up with Vedanta for power biz resource planning

Quote:
IBM on Tuesday announced that Vedanta, a globally diversified natural resources group, has tied up with IBM to create an IT infrastructure for the resource planning system of their power business. IBM, leveraging its BladeCenter and System X storage portfolio will help Vedanta to enhance its overall management system and reduce costs.

The IBM implementation has been done at their centre in Jharsuguda in Odisha. The solution stack offered to Vedanta in Odisha includes BladeCenter Chasis, blade server and disk storage. The solution will augment the hardware infrastructure of Vedanta, while also reducing the total cost of ownership, according to IBM officials.

“While we have worked with other vendors, we are seeing strong benefits from working with IBM technology. This has helped us in reducing data centre costs of power and server footprint, while facilitating ease of management,” said Subrata Banerjee, CIO, Vedanta Aluminum Ltd.

Vivek Malhotra, Regional Territory Executive, IBM General Business, India/ South Asia said: “Odisha is an important region for IBM, and the company is focussed on growing its presence in the region to help businesses transform themselves and succeed in a dynamic environment.”

Vedanta is primarily engaged in the copper, zinc, silver, aluminum, iron ore as well as power businesses and works across the economies of India, Zambia, Namibia, Africa, Liberia, Ireland and Australia, among others.

IBM has a major programme of geo expansion in place across India to increase its presence in smaller, rapidly developing cities as these regions play an increasingly important role in the country's economic growth. As part of the outreach strategy, IBM has an office in Bhubaneshwar, Odisha, to reach out to local businesses with advanced technology solutions that will enable their growth.
__________________
"If you stop every time a dog barks, your road will never end."
karkal no está en línea   Reply With Quote
Old January 21st, 2013, 01:36 AM   #214
diptadeepdas
Registered User
 
Join Date: May 2010
Location: Kolkata/Bangalore/Bhubanewshwar
Posts: 378
Likes (Received): 154

NH - 43 ( Somewhere between Sambalpur & Cuttack )






Uploaded with ImageShack.us

__________________

psygeek, Suncity liked this post
diptadeepdas no está en línea   Reply With Quote
Old May 15th, 2013, 09:31 AM   #215
MNaik
Registered User
 
Join Date: Apr 2013
Posts: 15
Likes (Received): 6

Odisha’s Steel and Power projects MoUs extended

link

Quote:
Odisha Government’s State Level Task Force (STF) for steel has recommended a two-year extension of Memorandum of Understanding signed for 11 steel projects and six independent power producers (IPPs) in the state.

The steel units whose MoUs obtained life-extensions were Tata Steel, Action Ispat and Power, BRG Steel Co, Jai Balaji Jyoti Steel, MGM Steels, MSP Metalics, OCL Iron and Steel, Rungta Mines, Shyam DRI Power, SMC Power Generation and Surendra Mining.
__________________

psygeek, Projspeak, projnews liked this post
MNaik no está en línea   Reply With Quote
Old June 11th, 2013, 05:53 AM   #216
psygeek
Registered User
 
Join Date: Jul 2011
Location: Bhubaneswar/Bilaspur
Posts: 46
Likes (Received): 11

http://www.business-standard.com/article/companies/odisha-rapped-for-steel-projects-delay-113060600981_1.html

The Union steel ministry has vented its displeasure over the sluggish pace of execution of steel projects in Odisha, hinting that slow pace of progress of such projects in the state, which has an abundance of raw materials, can derail growth of the sector. Coming to the rescue of steel investors who have been battling a host of hurdles to push ahead their projects in the state, the ministry held the projects are delayed due to pending statutory approvals, non-availability of raw material linkages, issues related to land acquisition and law and order problems.

“It is imperative that the steel sector continues to grow at a pace in the country as a whole and more particularly in your state which has been blessed with an abundance of raw materials required by this industry. I shall be grateful if you could please look into the matter personally and give suitable instructions to the concerned for expediting resolution of the issues involved for early execution of the projects,” DRS Chaudhuri, Union steel secretary wrote to Odisha chief secretary B K Patnaik.

Chaudhuri pointed out that steel production in the country has been unable to keep pace with consumption and consequently, the country from a position of net exporter of steel, has become a net importer. The steel ministry has identified eight steel projects in Odisha suffering from delay- Posco India, Tata Steel, Essar Steel, Visa Steel, Jindal Steel & Power Ltd (JSPL), Uttam Galva Steel Ltd, Monnet Ispat & Energy Ltd and Amtek Metal & Mining Ltd.

Posco India has proposed a 12 million tonne per annum (mtpa) greenfield steel project near Paradeep on 4,004 acres of land. Out of this, the proponent needed 2,700 acres of land in the first phase to build an eight mtpa capacity plant. Though the government has acquired the land, it is yet to hand over the full land to the company. Also, the extension of memorandum of understanding (MoU), which lapsed in June 2010, is pending.

For Tata Steel’s six mtpa steel plant coming up at Kalinganagar, renewal of existing mining leases and grant of fresh leases is pending at the state government level. JSPL, too, is awaiting allocation of captive iron ore mines for its six mtpa integrated steel plant coming up near Angul. The state government is yet to grant permission to execute mining lease to Utkal B-1 coal block to the company. JSPL which intends to invest Rs 29,285 crore on the steel project, has already commissioned two mtpa capacity and work for setting up of balance four mtpa capacity is going on a fast pace.

Uttam Galva is also awaiting allotment of land for its three mtpa steel project at Keonjhar. Of the total land requirement of 2,200 acres, only 600 acres has been allotted and the rest 1,600 acres is still pending for allotment.
psygeek no está en línea   Reply With Quote
Old June 13th, 2013, 01:36 PM   #217
psygeek
Registered User
 
Join Date: Jul 2011
Location: Bhubaneswar/Bilaspur
Posts: 46
Likes (Received): 11

Odisha ranks 2nd in port projects under operation: Assocham


Odisha has emerged as the second state after Gujarat in implementation of the port projects under the public-private partnership (PPP) model. The state has accounted for second highest share of about 17 per cent in value terms with completion of two port projects worth over Rs 4,100 crore as on April 30, 2013, according to an industry report. Gujarat accounts for the lion's share of over 50 per cent in the total number of completed port projects that have been put to service delivery under the PPP model.

The study, titled ' Port Developments in India,' conducted by apex industry body, Associated Chambers of Commerce and Industry of India (Assocham), mentioned that overall Odisha ranked fourth with three more projects valuing Rs 4,100 crore under construction in PPP mode. This is 10 percent of the total worth of projects under pipeline where the list of states is headed by Andhra Pradesh (46.2 per cent), followed by Maharashtra (15.6 per cent) and Kerala (14.4 per cent). Three ports are under construction in Andhra Pradesh and Maharashtra while in Kerala there is one project under construction in the PPP mode. However, Odisha has no new port project under the bidding process, read the report.

"Out of the total 881 PPP projects worth over Rs 5.4 lakh crore taken up under the PPP model across India, 62 projects in the port sector worth over Rs 82,000 crore are in different stages of implementation," said DS Rawat, national secretary general, Assocham. While Gujarat accounts for maximum share of over 50 per cent in the total number of completed port projects, Andhra Pradesh has maximum port projects under construction and Kerala tops the list with the highest share in port projects under bidding. There are about 21 port projects, worth over Rs 43,000 crore and accounting for a share of over 52 per cent of the total investment in the sector, are under construction. Similarly, eight projects worth about Rs 14,000 crore with a share of about 17 per cent of the total investment are under bidding, said Rawat. "Of the remaining, one project is in the expression of interest stage (EOI) stage and one has been cancelled," Rawat.

The total port capacity of India's nine maritime states namely - Andhra Pradesh, Goa, Gujarat, Karnataka, Kerala, Maharashtra, Odisha, Pondicherry and Tamil Nadu as on March 31, 2007, was about 228.3 million tonnes. This was expected to go up by 337.4 million tonnes during 2007-12. But the total capacity realised as on March 31, 2011 was 418.3 million tonnes, thereby indicating addition of about 190 million tonnes during the first four years of the XI plan," said Rawat. Odisha is the second state after Gujarat which realised actual capacity addition of about 23 million tonnes from zero capacity during the first four years of XI plan thereby exceeding the expected capacity addition between 2007-12 which was about 13.2 million tonnes. Gujarat could create almost double the capacity at the minor ports than was envisaged in the 11th plan.

According to the report, the XII Plan objective of attracting more than Rs 1 lakh crore private investments for developing non-major ports turns out to be an ambitious target unless and otherwise the XI Plan performances are evaluated in proper spirit. The states concerned must seriously consider incorporating the success strategies of others for better fulfillment of the plan objectives, it added.

http://www.business-standard.com/art...1101009_1.html
psygeek no está en línea   Reply With Quote
Old June 19th, 2013, 07:13 AM   #218
psygeek
Registered User
 
Join Date: Jul 2011
Location: Bhubaneswar/Bilaspur
Posts: 46
Likes (Received): 11

New airport at jeypore?

Odisha govt to upgrade 11 airstrips in different districts

Quote:
The airstrips are located at Keonjhar, Dhenkanal, Sambalpur, Jeypore (Koraput district), Khariar (Nuapada district), Bargarh, Phulbani, Rairangpur (Jharsuguda district), Ganjam, Balangir, Bhawanipatna and Malkangiri.

Official sources said except the airstrip at Jeypore, which will be converted into a full-fledged airport over 310 acre, the rest will be revamped and modernized. The state government had earlier proposed the Airports Authority of India (AAI) to develop the Jharsuguda airstrip into a full-fledged airport.
http://timesofindia.indiatimes.com/c...w/20655911.cms
psygeek no está en línea   Reply With Quote
Old June 27th, 2013, 02:09 PM   #219
psygeek
Registered User
 
Join Date: Jul 2011
Location: Bhubaneswar/Bilaspur
Posts: 46
Likes (Received): 11

Odisha working on Rs 700 crore project to mitigate flood fury

BHUBANESWAR: With frequent floods ravaging the state, Odisha government today said it was implementing a Rs 700 crore project to mitigate flood fury on a long term basis. "We have set a target of increasing heights and length of embankments of all major rivers within two years. About Rs 700 crore will be spent in strengthening river embankments," said water resources secretary Suresh Mohapatra. He gave this information at the State Level Natural Calamity Committee meeting chaired by Chief Minister Naveen Patnaik and attended by leader of opposition Bhupinder Singh of Congress besides all MPs.

Stating that flood in major rivers like Mahanadi, Brahmani and Baitarani cause massive damage to life and properties could be controlled, he said these rivers could carry about 14 lakh to 15 cusec flood water after repair works were completed. He said flood in Mahanadi, Baitarani and Brahmani delta areas had caused massive damage in 2011 floods. "We are taking 2011 flood as bench mark while increasing height of river embankments," he said.

After reviewing the state government's preparedness, Chief Minister Patnaik said "I am confident that we can face any eventuality taking our preparedness into consideration. We can meet the situation promptly and effectively." Stating that some districts in western and southern region of the state have already experienced floods due to early onset of monsoon, Patnaik issued directions to district authorities to remain alert for next three months.

Revenue and Disaster Minister S N Patro said the breaches on 234 embankments caused in 2011 floods and 56 breaches in 2012 have been repaired. The state government has already identified 310 places on river embankments as sensitive and 35 places as highly sensitive and vulnerable to breaches during floods, Patro said adding adequate steps are being taken to avoid any such incidents in future. Patro said instructions have been issued to store adequate food materials, medicines, particularly anti-venom injections and boats to meet flood situation in future.

Leader of Opposition Singh, however, criticised the state government for failing to control floods even as it claimed fool-proof arrangements every time.

http://economictimes.indiatimes.com/...w/20786187.cms
psygeek no está en línea   Reply With Quote
Old July 9th, 2013, 07:43 AM   #220
MNaik
Registered User
 
Join Date: Apr 2013
Posts: 15
Likes (Received): 6

Bhubaneswar to get ring road

The Bhubaneswar Development Authority is planning to set up a ring road project in the city under (JNNURM) funds.

The proposed ring road will encircle the Bhubaneswar municipal area. It will be 45 km long and 200 ft wide and will reduce traffic congestion in the city.


http://www.projectstoday.com/News/Bhubaneswar
MNaik no está en línea   Reply With Quote


Reply

Thread Tools
Rate This Thread
Rate This Thread:

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off



All times are GMT +2. The time now is 06:59 AM.


Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2014, vBulletin Solutions, Inc.
Feedback Buttons provided by Advanced Post Thanks / Like v3.2.5 (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.

vBulletin Optimisation provided by vB Optimise (Pro) - vBulletin Mods & Addons Copyright © 2014 DragonByte Technologies Ltd.

SkyscraperCity ☆ In Urbanity We trust ☆ about us | privacy policy | DMCA policy

Hosted by Blacksun, dedicated to this site too!
Forum server management by DaiTengu