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Old July 4th, 2012, 11:52 AM   #3521
Rajarshi77
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Kolkata Port Trust receives 30 bids for developing 20MT dock

The Kolkata Port Trust has received 30 bids for developing the 20-million-tonne second dock complex at Haldia.

The dock complex is expected to be complete and operational by the end of 2013-14.

Referred as Haldia Dock II (commonly called Shalukkhali), the new dock system will be set up through the public-private partnership at an estimated investment of Rs 2,000 crore. According to KoPT sources, some of the bidders, who have submitted request for quotations, include a consortium of Transstroy-OJSC, Vadinar Oil Terminal Ltd, Megha Engineering, Shapoorji Pallonji Infrastructure, Gammon India, JSW Infrastructure and Jindal ITF.

Short-listing of candidates for the next round of bidding (request for proposals) is expected to begin soon.

“We hope to shortlist the prospective candidates by September this year. Concession agreements are expected to be signed end of this fiscal,” the acting Chairman of Kolkata port, Mr Manish Jain, told Business Line.

According to Mr Jain, the new dock complex will be developed in two parts – Haldia Dock II North and Haldia Dock II South.

Each part will have two berths, one mechanised and the other multipurpose.

Berths will have a capacity of around five million tonnes.

The port authorities have obtained around 160 acres of land from the state government for setting up the port, officials said.

Kolkata port will invest nearly Rs 450 crore to set up a 10 km rail network and marine infrastructure within the port.

Land for setting up the rail connectivity is to be provided by the Haldia Development Authority (HAD) – the urban local body in the region - soon.

Source: http://www.thehindubusinessline.com/...ry-and-economy
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Old July 5th, 2012, 04:23 AM   #3522
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West Bengal to get two new jute parks this year

July 04, 2012 (India)


It is proposed to set up two new jute parks in West Bengal, a state to the east of India, by close of the current year, Jute Commissioner in the Central Textiles Ministry and National Jute Board Secretary, Mr. Atri Bhattacharya, has said.

The two parks would be set up at Shaktigarh in Burdwan district and Raniganj in North Dinajpur district of the state, the official said while speaking on sidelines of an event organized in Kolkata by the Bharat Chamber of Commerce.

The two jute parks in West Bengal would form part of the four parks that the Textile Ministry intends to set up under the Jute Technology Mission.

The other two parks – to be set up in Silchar in Assam and Purnea in Bihar – are also expected to go functional by end of the current fiscal.

Establishment of these four parks would entail an initial infrastructural investment of about Rs. 500 million, Mr. Bhattacharya said.

He said that India achieved good jute production last year, owing to favourable weather and availability of seeds. However, delayed rains are likely to negatively impact the current year’s production, he added.

Normally, jute sowing commences by March-end and goes on till May-end. Hot and humid weather with rains at regular intervals are a pre-requisite for jute cultivation.

As West Bengal has not received adequate rains till now, jute production is likely to be impacted this year, he said.

http://www.fibre2fashion.com/news/te...news_id=112984
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Old July 6th, 2012, 02:39 PM   #3523
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Kolkata Port plans captive barge jetties for Haldia belt
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Kolkata Port Trust (KoPT) would soon bring out an expression of interest (EoI) to build captive barge jetties for large-scale industries in West Bengal’s industrial belt of Haldia.

The Haldia region accounts for major projects like South Asian Petrochemicals, Indian Oil Corporation, Exide, Shaw Wallace, Tata Chemicals, Haldia Petrochemicals, Mitsubishi Chemicals and Hindustan Unilever.
“A lot of industrial players in the state were looking for dedicated captive jetties, and had approached us. Within a few months, we are going to publish an EoI for captive barge handling jetties along the riverside, outside Haldia’s dock gate. Companies like Mitsubishi Chemical Corporation, Haldia Petroche-micals, Tata Metaliks, Hooghly Metcoke, NTPC and JSW are bringing a lot of cargo through the port. The EoI will identify a few,” said KoPT Chairman Manish Jain.

According to Haldia Development Authority officials, the region has seen an investment of about Rs 50,000 crore in recent years. The riverine port has two dock systems — Kolkata Dock and Haldia Dock Complex. “Once the jetties are in place, these industrial units can plan their cargo movements accordingly. The ship detention time would also come down, and this could save costs for these companies,” Jain said.

KoPT also plans to come up with a second complex at Salukkhali, near Haldia, with an investment of Rs 2,000 crore. “On June 22, we received about and it would be completed by 2013-14,” Jain said. The port is scheduled to add capacity of 100 million tonnes by 2017. This would involve an investment of Rs 15,000 crore. On the port’s plan, D P Patra, executive chairman, MCC PTA India Corp (Mitsubishi Chemical Holdings Group), said, “This is a positive development. We are looking forward to this, and will be able to comment in detail after looking into its feasibility.”
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Old July 6th, 2012, 06:31 PM   #3524
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Quote:
Originally Posted by Rajarshi77 View Post
The Kolkata Port Trust has received 30 bids for developing the 20-million-tonne second dock complex at Haldia.

The dock complex is expected to be complete and operational by the end of 2013-14.

Source: http://www.thehindubusinessline.com/...ry-and-economy
Very good news.
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Old July 10th, 2012, 07:21 AM   #3525
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Love in Tokyo: Bengal's second-biggest FDI pact today

http://timesofindia.indiatimes.com/c...w/14790206.cms

It may be a bad acronym politically in present-day Bengal, but FDI is keeping the state's hopes of an industrial revival alive.

Maharatna steel major SAIL will sign a memorandum of agreement (MoA) with Japanese steel giant Kobe Steel in Tokyo on Tuesday for its proposed Rs 1,500-crore iron ore nugget project in Durgapur - the second-biggest Japanese foreign direct investment in Bengal after Mitsubishi Chemicals' MCC PTA project in Haldia.

Industry experts said this is for the first time an MoA for a Bengal project will be signed in Japan. Union steel minister Beni Prasad Verma, steel secretary DRS Chaudhary, joint secretary (steel) U P Singh, SAIL chairman C S Verma and other senior officials of SAIL and the top executives of Kobe Steel will be present. A joint venture company - SAIL-Kobe Iron India Pvt Ltd where both partners will hold equal equity - has already been incorporated. The proposed plant will have a capacity to produce 0.5 million tonne of iron nuggets per year.

SAIL chairman C S Verma discussed this project with chief minister Mamata Banerjee during his last visit to Writers' Buildings when SAIL signed an MoU with Burn Standard for a wagon component facility at Jellinghum in East Midnapore.

Kobe Steel is one of Japan's leading steelmakers and a major supplier of aluminium and copper products. The Kobe group's business empire includes wholesale power supply, machinery, construction machinery, real estate, electronic material and other businesses. Founded in 1905, the over Rs 1.3-lakh-crore group is one of the largest metal companies in the world. Numerous consolidated and equity-valued companies in Japan, the US, Europe and other Asian countries make up the group.

A SAIL official claimed the Durgapur plant would only be the second instance of such a plant being set up anywhere in the world. While the new plant will come up at the Alloy Steel Plant in Durgapur, Kobe Steel had earlier set up a commercial project using ITmk3 at Minnesota in the US. The new iron-making technology - Itmk3 - will be used to make iron ore nuggets, which can be used in electric arc furnaces.

"The new project is likely to consist of one ITmk3 iron-making plant and associated facilities. It is learnt that about 80% of the iron ore required for the plant will be from SAIL mines while the remaining 20% will be sourced from dumps," a source in SAIL said.

The ITmk3 technology is the latest generation iron-making technology where high-quality, environment-friendly iron nuggets are produced by using iron ore fines and non-coking coal. Iron nuggets are an ideal steel-making and ironcasting feed material.
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Old July 11th, 2012, 05:41 PM   #3526
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Didi showers R 100 cr sop on Jalpaiguri

http://www.expressindia.com/latest-n...aiguri/972988/

Chief Minister Mamata Banerjee on Tuesday said her government will sanction Rs 100 crore for the overall development of Jalpaiguri district.
On the first day of her four-day visit to North Bengal on Tuesday, the CM held a review meeting with Jalpaiguri district administrative officials and instructed them to expedite development works. She personally reviewed the progress of the schemes taken up by the local administration.

The government will spend Rs 18 crore on strengthening, repair and expansion of road network.

Rs 50 crore will be sanctioned to develop tourism in the district.

Three multi-specialty hospitals will be built in the Shilapata forest area besides building modern villages at an expense of Rs 4 crore.

A sports complex will be built at a cost of Rs 19 crore in

Jalpaiguri town and an indoor stadium in Alipurduar.

Two film cities would also be set up — one each in Jalpaiguri and Siliguri.

Besides 100 upper primary schools, two ITI colleges and a new polytechnic college would also be built, the CM announced.

In Banarhat, a Hindi college would come up, while in Raiganj and Dhupguri areas, two colleges would be built.
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Old July 11th, 2012, 05:54 PM   #3527
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Speed up North Bengal projects: CM Mamata Banerjee

http://timesofindia.indiatimes.com/c.../14813476.cms?

With an eye on the simmering tension in Dooars and Terai where development has taken a back seat since long, chief minister Mamata Banerjee gave a wake up call to the bureaucrats asking them to finish the ongoing projects fast.

"Complete all ongoing projects, as fast as possible. Concentrate on how best you can provide benefit to the people. Tell me what type of problems you are facing ," the CM said on Tuesday while taking a meeting of district officials, from the district magistrate to the block development officers.

Mamata also stressed the poor plight of the tea garden workers "Those working in the tea garden belt should think how the government can provide relief to the poor tea garden workers," the CM said in the meeting. She announced that her government has already planned to distribute patta of land for the garden workers to assure their shelter. "I have spoken to land and land revenue department officials and asked to find out land to accommodate garden workers," said Mamata. Her announcement on the eve of the Gorkhaland Territorial Administration (GTA) election is significant as the majority of garden workers are Adivasi people who opposed GTA's expansion in the foothills. Adivasi Vikash Parishad leader Birsa Tirkey welcomed his announcement. "It was a long pending demand from our end," said Tirkey.

Like the hills, she announced to set up three multi speciality hospital and three medical college hospitals in PPP model for better health service of the district. "Apart from these existing hospitals at Alipurduars and Birrpara will be upgraded," said Banerjee. She also promised a Hindi college at Banarhat and a second campus of North Bengal University. The CM allotted funds for several colleges and school upgradation.

Mamata gave a patient hearing to the block level officers and district magistrate Smaraki Mahapatra who narrated how common people are facing problem to get different government relief schemes. "In order to get financial aid from different heads, people will have to open different accounts in post office, which is time consuming and causes harassment to the people," said a BDO. CM soon noted down the problem and asked Mukul Roy to take up the matter at the appropriate level.

District officials also complained about the rural electrification projects that have been pending in the district.

At the same breath, Mamata announced to lay the foundation stone of another long waiting project Jalpaiguri Circuit Bench of the Calcutta high court on August 18. "I will come again on August 18 for circuit bench inauguration," said Mamata Banerjee.

The one-and-a-half-hour bumpy ride from Bagdogra to Jalpaiguri town was enough embarrassment for the CM on Tuesday. Mamata gave vent to her anger and summoned the officer of the National Highways Authority to explain what went wrong with the repair work.

"I am annoyed with the condition of the national highways. I have been repeatedly requesting the Union government to take care of the roads. But they are reluctant. I personally told the Prime Minister, my MPs have raised the issue with the Union road transport minister, but the situation did not change. As the national highways is not under our jurisdiction, we can't repair it. But it is affecting the people. At any point of time, there could be a major accident," the CM said after the meeting.

Sensing the CM's mood, north Bengal development minister Gautam Deb announced that the Trinamool Congress will launch an agitation against the NHAI authorities.

According to officials of Union road transport ministry, NH-34 has been taken over by National Highways Authority of India (NHAI) and the agency is turning the road into a four-lane highway. Similarly, a part of NH-31, which is marked as NH-31(D) has been undertaken by NHAI for four-lane. The rest of the national highways are under National Highway Division of state PWD. Though the central government funds the repair and maintenance of the road, the work is implemented by the state. "Last week, Union road transport ministry sanctioned Rs 28 crore for the repair work of National Highway 31C, between Madarihat and Hasimara, when state PWD secretary Ajit Bardhan went to Delhi for funds," said an NHAI official.
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Old July 12th, 2012, 07:52 AM   #3528
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Can anybody point me to the status of much hyped projects by government
a) Garia -Bangaon Elevated Road
b) Uttarpara Filmcity
c) Cooch Bihar airport
Also there was news about the proposal of following projects , Any update on current status
a) Volkswagen car factory
b) L & T power plant.
c) L & T infotech Campus is West Bengal
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Old July 12th, 2012, 03:21 PM   #3529
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The Hiranandani Group has drawn up plans to invest about Rs 3000 crore to set up four-million-tonne (mt) liquefied natural gas (LNG) terminal at Haldia.

http://business-standard.com/india/n...rminal/480215/
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Old July 14th, 2012, 06:38 AM   #3530
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Land rule silence stills big projects

http://www.telegraphindia.com/112071...y_15727905.jsp

At least three large public-sector projects with a total investment of Rs 14,600 crore are stuck because the Mamata Banerjee government has not published the rules to free up land.

The projects are NTPC Ltd’s 1,600MW plant at Burdwan’s Katwa, Balmer Lawrie’s logistics hub at Dankuni in Hooghly, and Power Grid Corporation’s 765kV substation near Alipurduar, Jalpaiguri.

In April, the government passed the West Bengal Land Reforms (Amendment) Act, 2012, to allow industrial establishments to hold land above the ceiling of 24.8 acres as mentioned in the West Bengal Land Reforms Act, 1955. The amendment also exempted more industries from the land-ceiling rule.

Three months on, nobody in the government — apparently oblivious to the delay’s impact on projects awaiting the “14Y clearance” for buying ceiling-excess land — has any clue about when the rules will be made public.

“Normally, the process should not take more than a month and a half. We don’t know why it is taking so long,” said a source, adding that the draft notification of rules that the government started working on earlier this month now lies with the judicial department for vetting.

Last month, commerce and industries minister Partha Chatterjee had narrated to industrialists what the government had done to facilitate new projects and highlighted the amendments to 14Y, promising “prompt” processing and sanction.

A senior official of a central PSU said prospective investors could get a clear picture of the amendment only after going through the rules.

NTPC, which has been trying since December 2010 to start work, has been waiting since February for the amendment to become operational so that its application to buy around 550 acres can be cleared.

The project, already two years behind schedule with a cost escalation from around Rs 9,000 crore to over Rs 10,000 crore, faces a hit of another Rs 100 crore from the land clearance delay.

Balmer Lawrie has proposed a Rs 80-crore multipurpose logistics hub on 58.5 acres it wants to buy directly in Dankuni. Although the ambit of the type of projects under 14Y has been widened, it still does not cover multipurpose logistics hubs.

“The Balmer Lawrie project is stuck for clearance because of the uncertainty over the definition of such a logistics hub. We’ll need a fresh proposal from them but we can’t even ask for one till the rules are finalised,” a government official said.

The Power Grid substation that will draw power from all the northeastern states and Bhutan for distribution in the eastern region is to be built for Rs 4,500 crore over 180 acres.
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Old July 15th, 2012, 05:17 PM   #3531
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CM bumpy ride triggers road meet

http://www.telegraphindia.com/112071...y_15727595.jsp

Mamata Banerjee’s outburst on the bad condition of highways in north Bengal today triggered an emergency meeting between officials of the National Highways Authority of India and PWD minister Sudarshan Ghosh Dastidar at Writers’ Buildings.

The Telegraph had reported how all through her 45km journey along NH31D on Tuesday, the chief minister had complained about the bumpy, bone-jerking ride.

Sources in the state secretariat said she later called up the state PWD minister and told him to do something about the condition of national highways across the state.

“We do send proposals to the Centre to repair the national highways and send in grants for repairing state highways. But too much time is consumed in processing the proposals. Also the money spent is much less than required,” said Ghosh Dastidar, after the two-hour meeting with NHAI officials.

In the meeting, several national highways that needed immediate repairs were listed.

The list included the 235km NH31C connecting Galgalia in Bengal to Bijni in Assam, the 147km NH31D, parts of NH31 passing through Bengal, 60km of the NH35 running from Barasat to Petrapole and NH60 on the Bengal-Jharkhand border.

“The chief minister was annoyed when she saw the condition of the roads. People have to go through the trauma of travelling on these roads every day. This is not acceptable,” said Ghosh Dastidar, who added that NH60 has become accident-prone and needed immediate repair.

The minister said NHAI officials promised him “full co-operation” in repairing the roads. “We told them to send us the proposals. We will expedite the process and get the roads repaired as soon as possible,” said C. Khandaswamy, the director-general of NHAI.

Back-of-the-envelope calculations during the meeting have shown that around Rs 319 crore would be initially required for the repairs.

“This money will be given entirely by the Centre as it is the repair work of the national highways that we are talking about,” said a senior officer of the PWD department.

Ghosh Dastidar also said that beautification of a 91km stretch from Nandakumar to Digha is one of Mamata’s “dream projects” and that the government has appealed to the NHAI to take charge of the project.

“We have asked them to submit the proposal. We will sanction it,” said Khandaswamy.

Though the road from Nandakumar to Digha is actually a state highway, it will be treated as a national highway and will be repaired accordingly by the NHAI, a senior PWD official said.

The Hataniya bridge in South-24 Parganas will also be similarly treated and the NHAI has promised to shell out Rs 180 crore for its repair work.
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Old July 16th, 2012, 03:39 PM   #3532
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State mulls new power sub-stations to prevent blackouts

http://www.thestatesman.net/index.ph...16867&catid=73

For quicker augmentation of the faulty distribution mechanism often blamed for blackouts in the state, the state power department is shifting its focus to a comparatively new type of power sub-station that takes half as long to build as a conventional one.
A gas-insulated substation (GIS) can be ready in about six months, while its conventional counterpart ~ an air-insulated sub-station (AIS) ~ takes a year. Given this, GIS sub-stations are considered an ideal option for West Bengal, where citizens often suffer power cuts despite surplus generation.
“Our present power-generation capacity is 4,933 megawatts and the average peak-hour demand is pegged at around 4,500 megawatts," said state power minister Manish Gupta.
"Going by our assessment of the demand scenario, we are capable of meeting the further increase in demand for at least the next year. But despite this, people in the state are sometimes witnessing power cuts and low voltage because of lapses in the distribution mechanism," he said.
"To address this problem, we have decided to streamline the supply network and construct more 33/11 kV power sub-stations as soon as possible. For this, we have asked the state-owned power distribution companies to go for GIS sub-stations, which become ready in six months and are also more efficient," he said. At present, the state has only one GIS sub-station ~ a 400 kV version at the Purulia Pump Storage Scheme. In the 2012-13 fiscal year, the power department has set a target of constructing 18 new 33/11 kV substations. Work has already started on a GIS sub-station for the West Bengal State Electricity Distribution Company at Barrackpore in North 24-Parganas. Two more GIS substations are being constructed by the West Bengal State Electricity Transmission Company at Bagnan in Howrah and in Murshidabad. Another is planned for Cooch Behar.
To the advantage of the power department, a GIS sub-station needs only a quarter of the land required for an AIS substation. "This is because, in an AIS sub-station, the busbars and equipment terminations are installed in an open ground with specified gaps in between and this increases the land requirement," a senior power department official said.
"Whereas, in the case of a GIS sub-station, all major equipment ~ such as isolators and breakers ~ is housed in a compact metal case with sulphur hexafluoride (SF6) gas playing the role of the insulating medium. This reduces the land requirement by about three-quarters,” the official said.
While about one acre land is needed for a 33/11 kV AIS substation in the state, the GIS sub-station requires only 25 decimals. The cost of building a GIS sub-station, however, is higher (Rs 5 crore), than the cost of building a conventional AIS sub-station (Rs 4 crore).
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Old July 20th, 2012, 09:31 PM   #3533
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JSW Energy's profit down 97%
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The company has decided not to aggressively pursue a few power projects planned earlier---the 1,320-Mw project in West Bengal, the 660-Mw project in Karnataka and the 1,620-Mw project in Jharkhand. “Presently, these are not being pursued aggressively, as clarity is awaited on various issues impacting the power sector,” the company stated.
http://www.business-standard.com/ind...own-97/481035/
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Old July 21st, 2012, 04:18 PM   #3534
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Bengal's growth rate higher than nation's: Mamata

http://india.nydailynews.com/politic...ation-s-mamata

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Dismissing claims that West Bengal did not have a proper atmosphere for investment, Chief Minister Mamata Banerjee Saturday said the state's growth rate was above the national growth rate.

"Many people say that our state does not have a proper atmosphere for investment and industries. It is not true. In the last one year, we have managed to have investments worth Rs.1 lakh crore," said Banerjee.

She also said that the growth rate of the state was well above the national rate.

"We are having a growth rate which is currently higher than the national growth rate. The national growth rate in 2011-12 is 14.3 percent but our state is having a growth rate of 15.1 percent," she said.
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Old July 21st, 2012, 04:20 PM   #3535
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Mamata Banerjee gets largest slice of govt's Pradhan Mantri Gram Sadak Yojana funds pie

http://indiatoday.intoday.in/story/m.../1/209479.html

Quote:
In 2004, the ministry had targeted 2.25 lakh kilometres of which 1.64 lakh km had been cleared. In 2009, the government had put a stop to all upgradation and it is now that work on the remaining 80,000 km will commence.

In what many might see as an attempt to placate the mercurial Trinamool Congress, West Bengal has the largest share among all the states, with an entitlement of 10,000 km, followed by Orissa (9,000 km), Assam (8,000 km) and Jharkhand (7,000 km).
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Old July 21st, 2012, 04:23 PM   #3536
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MoA signed between SAIL (India) and Kobe (Japan) for Setting Up Steel Plant in India

http://investinindia.com/news/moa-si...ant-india-12c3


Quote:
India’s largest steel maker Steel Authority of India Limited (SAIL) & Kobe Steel of Japan have signed a Memorandum of Agreement (MoA) at Kobe’s headquarters in Tokyo today for setting up a 0.5 million tonne per annum iron nugget making plant using Kobe’s patented ITmK3 technology at SAIL’s Alloy Steels Plant in Durgapur, West Bengal, India. As per the agreement, SAIL and Kobe Steel will be entitled to equal share of production from the plant for captive use.

The agreement was signed by SAIL Chairman Shri C.S. Verma and Kobe Steel President & CEO Mr. H. Sato in presence of the Union Minister for Steel, Shri Beni Prasad Verma, the Secretary, Ministry of Steel, Shri D.R.S. Chaudhary and other senior officials from the Ministry of Steel and SAIL. Several senior officials of Kobe Steel were also present on the occasion, including Executive Vice President & Board Representative Mr. Jun Tanaka, Senior Managing Director Mr. Kawasaki and Director & Head of Iron Unit Division, Mr. Kazuyuki Tanaka.
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Old July 25th, 2012, 01:41 AM   #3537
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Work at Salboni project to begin by August: West Bengal Commerce & Industries Minister Partha Chatterjee


KOLKATA: West Bengal commerce & industries minister Partha Chatterjee on Tuesday announced that work on the Rs 35,000 crore steel project at Salboni in West Bengal proposed by JSW Steel will 'restart' from August.

"There has been no construction at the site since 2007. The deliverables have been worked out and a new time frame for the project completion
has also been worked out. The new agreement will be signed on August 9." Chatterjee said at the 84th annual general meeting of the Indian Chamber of Commerce held in Kolkata.

Incidentally, JSW Steel had signed the development agreement with the Left Front government in January 2007 and was handed over possession of the land a year after.

"JSW apart, the state government is also planning to rework the agreement with 'a few other' industrial units. Their schedules need to be redone and we are finalising that at present," he added.

Meanwhile the state government is working on an ambitious plan to upgrade 4,500 km single lane state highway to double lane. "We have formed State Highway Corporation Ltd for the work. A consultancy firm has been appointed for that and they will submit report within three months. Such an infrastructure project will boost the logistics support in the state," said Amit Mitra, finance minister, West Bengal. Six more airports are also being planned keeping the future growth prospects in mind.

http://economictimes.indiatimes.com/...w/15124165.cms
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Old July 25th, 2012, 02:03 AM   #3538
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Concor plans to set up 3 logistics parks in Bengal

KOLKATA, JULY 24:
Container Corporation of India Ltd, a public sector unit under the Ministry of Railways, plans to set up three logistics parks in West Bengal at an estimated investment of Rs 150 crore. This is part of the company’s plan to set up 15 such hubs across the country.

According to Mr Sanjay Swarup, Group General Manager of Concor, the corporation has identified land at Durgapur in Burdwan district, Dankuni, in Hooghly district, and Siliguri in North Bengal, for developing these multi-modal facilities. One such park will require nearly 100 acres of land. These parks will have facilities like warehouses, container yards and cold chains under one roof.

“The land acquisition process is on for these parks. While the Railways will provide the land at Durgapur and Dankuni, we are in talks with the West Bengal State Government for land in Siliguri,” Mr Swarup said here on Tuesday. He was addressing a seminar on logistics organised by Confederation of Indian Industry (CII).

http://www.thehindubusinessline.com/...cle3678859.ece
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Old July 25th, 2012, 06:50 AM   #3539
ppatra
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With over 43,000 jobs generated in the small and medium enterprises (SMEs) sector between April 2011 and up to February 15, 2012, West Bengal has emerged as a front-runner state to facilitate growth in the SMEs sector, apex industry body ASSOCHAM said today.
I would say a very +ve news fro WB in industry front after long time... I hope they can do at these rate for next 5 years. A few big ticket projects should also get done by that time..
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Old July 25th, 2012, 05:15 PM   #3540
NiladriG
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Kolkata Port keen to use land commercially

http://www.expressindia.com/latest-n...cially/979154/

Kolkata Port Trust is planning to use the land owned by the company commercially to generate revenue, said Trust chairman Manish Jain on the sidelines of a discussion organised by the Confederation of Indian Industry (CII).
“The current land policy does not allow us to use the land which we have for any ‘commercial gain’. But nevertheless we have prepared a proposal for initiating certain commercial projects. We have earmarked certain locations in and around Kolkata, mainly Diamond Harbour Road and Strand Road,” Jain said without elaborating what kind of projects they would be. He also said a transloading project in Haldia outer terminal I was in the pipeline.

“It will result in reduction of overall logistic cost, utilising the fully-laden Panamax /capsize vessels and unload/load them to a single point, low turnaround time of mother vessels by dispensing with the existing system of two port handling. There will also be low railway freight as well as better availability of rakes for the industries,” he added.

Talking about port facility at Diamond Harbour, he said a dedicated container terminal at Diamond Harbour was recommended by a high-powered committee set up by the ministry.
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