Bellary-Hospet Steel City Projects Thread

[sharifyaseen]

BELLARY: The city hit the headlines in recent times for illegal mining. But Bellary is gaining fame for becoming of a hub of chartered accountants. With over 100 practising CAs, the city boasts of a vibrant branch of the South India Regional Council, Institute of Chartered Accountants of India.

While coaching classes to crack the chartered accountancy exams have mushroomed here, they're so much in demand that fees have been hiked so much that middle class students are finding it difficult. The Bellary institute has now started coaching classes too.

TOI

[nmrajesh]

The city hit the headlines in recent times for illegal mining. But Bellary is gaining fame for becoming of a hub of chartered accountants. With over 100 practising CAs, the city boasts of a vibrant branch of the South India Regional Council, Institute of Chartered Accountants of India.

While coaching classes to crack the chartered accountancy exams have mushroomed here, they're so much in demand that fees have been hiked so much that middle class students are finding it difficult. The Bellary institute has now started coaching classes too.

Classes commenced on February 15 for the Common Profeciency Test (CPT) on June 17 with 25 students in the first batch. While private coaching courses costs vary between Rs 30000 and Rs 35,000, the institute is offering it for Rs 6,000. The institute has also started coaching for Integrated Professional Competency Course (IPCC) with 23 students. While private coaching for this costs almost Rs 60,000, the institute offers the course at Rs 11,000.

Y Ramesh, chairman of the branch, told TOI that young chartered accountants were much in demand. He added that the institute is equipped with a state-of-the-art library which would be upgraded to a digital library soon. The institute would soon start coaching for final CA exams too.

[nmrajesh]

Karnataka will set in motion today the process of acquiring 4,800 acres in Bellary for the mega steel plant being set up by ArcelorMittal, a top official said.
"The government has approved the land acquisition at Kudathini in Bellary district and the preliminary notification will be issued tomorrow in the state gazette", state principal industry secretary VP Baligar told reporters on the sidelines of a function here.
ArcelorMittal plans to set up a Rs 30,000-crore steel plant with 6mtpa capacity and also a 750mw captive power generation unit, he said.
"We had kept everything ready. Their team visited the place for third time yesterday and said these villages are fine. As soon as they gave me the green signal this morning, we got the approval from chief minister BS Yeddyurappa and we have notified these lands", he said.
Mittal had evinced interest in 4,800 acres located near a Karnataka Power Corporation project, Baligar said adding the land is ready and "we will lend immediately to Mittal."
The Mittal investment would entail job generation of over 10,000 in the long-term, he said.
Mittal's firm had earlier evinced interest to locate their plant at Bijapur, but later chose Bellary, an iron ore rich district, which the government accepted.

Replying to a question on Korean Posco Steel's interest in setting up a plant in the state, Baligar said, "a team had come, they had discussions and we are hopeful. The company was looking at land around Bellary. "But they have not decided".
On mines for these steel plants, he said some mining area in Bellary has been notified. Other mines are also open for application. "They have applied and it has to be decided," he said. In terms of provision of water, he said part of it will come from the Tunghabadra dam and other from the Upper Krishna.
Meanwhile he also said Hero Honda evinced interest to set up a plant entailing an investment of Rs 200 crore, he said, "a team had come, they have seen three sites, one in Hubli and two in Dharwad".
The Hero Honda would require 100 acres for themselves, and 200 acres for ancillaries and may be 100 acres for a township in the long term too, he said, adding however that nothing has been finalised.
Egyptian company Kapsci Coating, which was interested in seeting up a plant for paints, had also been looking for land near Bangalore. "They have seen two-three sites, they will get back to us", he said


http://www.deccanherald.com/content/...tal-plant.html

[zaidisalman]

The 5 acre space campus is called D.C office but their are other offices too in this campus like ,treasury office,food office,district commissioner office,assistant commissioner etc.. , it has Britishers monuments which was constructed over 150 years ago.....

[engineer.akash]

wow what a beautiful structure man..Cute

[sharifyaseen]

Gothic Structure in bellary..
There are many more..

[zaidisalman]

Originally Posted by engineer.akash

wow what a beautiful structure man..Cute

The beautiful railway station, st philomena's girls high school 1885,st johns school,st Josephs school,veerashaiva college,District water office ,old corporation office,and the fort area buildings have these type of structures ,pretty cool.....

[nmrajesh]

Mining major National Mineral Development Corporation Limited (NMDC) may raise about Rs.5,000 crore through debt or equity to fund its planned two- million-tonne steel project in Karnataka, a top company official said here on Friday.
"We may go for further equity offering for our Karnataka project," joint general manager (finance) N. Srinivasan said.He was here for a roadshow to promote the follow-on public offer (FPO) of shares of the company that is opening March 10 and closing March 12.The Karnataka project is at a nascent stage. NMDC has just appointed a consultant to prepare a project report."We expect to start work on the project after a year's time and commission it within the next five years," Srinivasan said.

This apart, NMDC is working on setting up another steel project of 3 million tonnes capacity at Chhattisgarh, which would be commissioned before the Karnataka plant comes up.
NMDC's current internal accrual stands at Rs.12,000 crore. The company earns about Rs.4,000 crore every year as profit, which goes into its reserves. All these would be pumped into the company's Rs.26,000 crore capital expenditure that includes the integrated steel plant in Chhattisgarh, two pelletisation plants, a beneficiation plant and developing new mines, Srinivasan said.

[engineer.akash]

Rs. 2,712.76-cr. credit plan outlay for Bellary

The district credit plan for 2012-13 with a total outlay of Rs. 2,712.76 crore was launched by Chief Executive Officer of the Bellary Zilla Panchayat Manjunath Nayak here on Friday.

The credit plan, which was prepared by the lead bank (SyndicateBank), recorded an increase of Rs. 383.14 crore over the previous year's plan.

A sum of Rs. 2,345.6crore, 86.47 per cent of the total credit outlay, has been set aside for the priority sector, while Rs. 244.99 crore and Rs. 474.13 crore have been earmarked for the non-farm sector and other priority sectors respectively. The allocation for the non-priority sector is Rs. 367.16 crore.

Agriculture has got top priority with an allocation of Rs. 1,626.48 crore, comprising crop loan of Rs. 1,051.74 crore (44.84 per cent of priority sector advances) and term loan of Rs. 574.74 crore. A sum of Rs. 101.19 crore has been allocated for minor irrigation, Rs. 134.41 crore for land development, Rs. 147.12 crore for farm mechanisation, Rs. 34.48 crore for plantation and horticulture, Rs. 11 lakh for forestry and watershed development, Rs. 29.35 crore for dairying, Rs. 22.32 crore for poultry and Rs. 48.84 crore for godowns and market yards. The credit plan envisages disbursing Rs. 1,367.24 crore of priority sector advances through commercial banks, Rs. 609.33 crore through the Pragathi Gramin Bank, Rs. 36 crore through the Karnataka State Finance Corporation, Rs. 218.59 crore through the cooperative banks andRs. 9.01 crore through the Karnataka State Cooperative Agriculture and Rural Development Bank . Mr. Nayak stressed the need for bankers to ensure that the flow of credit to the eligible beneficiaries was made easier, besides creating awareness among the public about the welfare schemes of the government. He also called for coordination between officials of government departments and bankers to ensure the benefits of the schemes reached the beneficiaries.


Rs. 2,345.60 crore set aside for the priority sector

Increase of Rs. 383.14 cr over last year's outlay

[engineer.akash]

Rs. 2.13-crore surplus budget for Bellary City Corporation

Mayor K. Hanumanthappa on Friday presented a Rs. 2.13-crore surplus budget for 2012-13. The budget was unanimously approved.

It envisages revenue of Rs. 204.74 crore, inclusive of an opening balance of Rs. 17.13 crore, and expected expenditure of Rs. 202.61 crore.

Apart from Rs. 20-crore revenue from the self-assessment tax on properties, Rs. 7. crore for water, Rs. 75 lakh from new tap connections, the corporation also anticipates grants of Rs. 3.45 crore from the 13th Finance Commission, Local Area Development grants to be released by MPs and MLAs to the extent of Rs. 1.75 crore,

Chief Minister's special city development grants of Rs. 50 crore,

Rs. 1.75 crore under Swarana Jayanti Shahari Rozgar Yojana and government grants for development of lakes and tanks totalling Rs. 4.2 crore.

Mr. Hanumanthappa proposed to allocate Rs. 30 lakh to each of the total 35 wards for undertaking development works for which a Rs. 10.5 crore has been set aside. In addition, he has earmarked Rs. 51 lakh for construction of public toilets at six important locations in the city, besides carrying out repairs and renovation of existing toilets at an estimated cost of Rs. 78 lakh.

A sum of Rs. 7.07 crore has been set aside for supply of drinking water and maintenance of the underground drainage system and Rs. 3.75 crore had been earmarked for streetlights and electricity poles.

Provision has also been made to acquire a vehicle-mounted road sweeping machine and two compactors under theRs. 100-crore Chief Minister's special grant for development.

A sum of Rs. 8.25 crore has been allocated for road development, Rs. 3.10 crore for construction of underground drainage and Rs. 40 lakh for building commercial complexes,

A sum of Rs. 50 lakh was allocated for residential quarters for employees, Rs. 1 crore for repair and maintenance of roads. and Rs. 25 lakh for maintenance of toilets.

[Rizwan04]

BANGALORE: The Karnataka government on Friday approved 43 projects with an investment of over Rs 35,785 crore creating an employment opportunity for 4,83,021 persons.

Briefing reporters after the 27th State High Level Committee Meeting chaired by Chief Minister D V Sadananda Gowda, Industries Minister Murugesh Nirani said the state government has cleared the proposal of JSW Steel Ltd to set up "Cold Rolled Annealed & Skin Passed Coils" in Sandur taluk, Bellary district with an investment of Rs 4190.40 crore.

"We have approved nine projects in the automobile sector with an investment of Rs 3,628 crore. These projects are proposed in Bangalore Rural, Kolar and Ramanagara districts", Nirani said.

The government has cleared a proposal for Tata Consultancy Services Ltd to establish "IT/ITES SEZ" in Siddapura and Tubarahalli villages, Bangalore Rural district at an investment of Rs 3,400 crore.

Setting up of Rs 2,500 crore "5 MTPA Cement Plant" in Sedam taluk, Gulbarga district by Reliance Cementation Ltd has been cleared, Nirani said. The government has also cleared a similar proposal to set up a 3.5 MTPA Cement Plant in Chincholi taluk in Gulbarga District with an investment of Rs 2320 crore, he said.

Clearance has been given to Patel Engineering Limited to establish an "Integrated Township" project in Anekal taluk, Bangalore Urban district at an investment of Rs 2025 crore.

The proposal of Toyota Kirloskar Auto Parts Pvt Ltd to establish Castings and Machining of engine parts for automobiles adjacent to their existing factory in Bidadi industrial area in Ramanagara district with an investment of Rs 750 crore and employment to 150 people has been cleared, he said.

Nirani said after the Global Investors' Meet in 2010, the government had approved 903 projects with an investment of Rs 1.71 lakh crore, generating employment for 5.55 lakh persons. As a result of constant follow up and review, 38 projects were implemented with an investment of Rs 5,370 crore. a total of 277 projects are in various stages of implementation with an investment of Rs 2.94 lakh crore, he said


http://economictimes.indiatimes.com/...w/12652872.cms

[s.yogendra]

ISKCON plans giant kitchen in Bellary

The International Society for Krishna Consciousness (ISKCON), Bangalore, plans to set up a giant kitchen here under its Akshaya Patra scheme to prepare midday meals for about three lakh students in Bellary and neighbouring districts. It also plans to construct Krishna and Venkateshwara temples on 10 acres of land donated by Congress leader N. Pratap Reddy.

“The proposed kitchen will be the largest in the country. The plan is to develop the kitchen in a phased manner. In the first year, facilities will be created for cooking food for one lakh schoolchildren and it will be expanded in the next two years to reach the target of three lakh,” Chanchalapati Das, vice-chairman of the Akshaya Patra Foundation and vice-president of ISKCON, Bangalore, told mediapersons here on Friday.

Mr. Das said that the estimated cost of the kitchen, comprising building, infrastructure and vehicles, was Rs. 20 crore.

http://www.thehindu.com/todays-paper...cle3316507.ece

[engineer.akash]

[zaidisalman]

On the occasion of Ambedkar jayanthi ,Dr.ambedkar park has been inaugurated in the city near Mothi circle...

[zaidisalman]

[engineer.akash]

Nice pics zaidi long time

[zaidisalman]

Originally Posted by engineer.akash

Nice pics zaidi long time

Yeah got busy bro...

[zaidisalman]

[DrYaqoob]

Superb clicks.....Zaidi

Is it JSW Torangallu...?

[zaidisalman]