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Old May 20th, 2006, 03:27 PM   #61
grimmm
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Vizag can get $10 bn investment: PM

http://in.rediff.com/money/2006/may/20pm.htm


Prime Minister Manmohan Singh on Saturday announced that the port city of Visakhapatnam is a potential location for a mega special economic region, which is likely to attract investments to the tune of $10 billion.

He was speaking at a public meeting in Indira Priyadarshini Municipal Stadium in Visakhaptnam after launching the Rs 98-crore (Rs 980 million) water supply and drainage project for Visakhapatnam under the Jawaharlal Nehru National
Urban Renewal Mission.

"Vizag is one of the potential locations for a mega special economic region being promoted by the central government and which is currently under discussion with important foreign investors.
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Old May 20th, 2006, 07:31 PM   #62
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i hope vizag bags it. with kakinada and gangavaram ports, this is an ideal manufacturing hub.
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Old May 20th, 2006, 10:21 PM   #63
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Jewel of Coromandel coast

URL: http://www.thehindu.com/2006/05/21/s...2113650100.htm

Mega special economic region mooted for Vizag: Manmohan

VISAKHAPATNAM: Prime Minister Manmohan Singh said here on Saturday that the Government of India was holding discussions with foreign investors to explore the possibility of setting up `mega special economic regions' in the country with Visakhapatnam being one of the potential locations.

"By developing Visakhapatnam into a mega special economic region, investments to the tune of 10 billion dollars (more than Rs. 45,000 crores) can be attracted....".

The Prime Minister, who earlier launched a massive project to expand the capacity of Visakhapatnam Steel Plant from 3.6 million to 6.3 million tonnes at a cost of Rs. 8,692 crores, said the United Progressive Alliance (UPA) Government would favourably consider revival of Hindustan Shipyard Limited (HSL) and Bharat Heavy Plates and Vessels (BHPV), both of which had been in the red for the past several years.

we will once again have a world-class shipbuilding industry in Vizag..."

Union Minister for Steel Ram Vilas Paswan said that the Vizag Steel Plant would receive `mini ratna' status.

Mr. Paswan also announced the setting up of a steel research and development centre at Hyderabad with an investment of Rs.50 crores He said miniratna status would give autonomy to VSP in decision-making.

At the stadium, the Prime Minister launched the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) under which drinking water and drainage works would be taken up. He promised support to road development work in the city at a cost Rs. 100 crores.

The area up to Kakinada on one side and Srikakulam on the other could be developed into a centre of new business, and wanted the city to become the `Jewel of Coromandel coast'.

Last edited by Babji; May 20th, 2006 at 11:44 PM.
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Old May 20th, 2006, 10:32 PM   #64
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mega city in the making.

URL: http://www.thehindu.com/2006/05/21/s...2112910400.htm

Coastal corridor gets nod: YSR

VISAKHAPATNAM: The Prime Minister Manmohan Singh has agreed to the proposal for setting up of an industrial corridor between Visakhapatnam and Kakinada, said the Chief Minister Y.S. Rajasekhara Reddy.

The Chief Minister disclosed this at a meeting after laying the foundation stone for a building for the Indo-German Institute of Advanced Technology (IGIAT) at the Industrial Estate at Kancharapalem, here on Saturday.

The corridor would spur industrial development of the city and the region besides opening up vast employment opportunities. The Prime Minister had launched development projects Rs. 45,000 crores in Visakhapatnam alone earlier in the day. The capacity of the Visakhapatnam Steel Plant would be enhanced, and soon NTPC Simhadri and HPCL would also go on the expansion mode.

Dr. Rajasekhara Reddy said that there was also a plan to set up a mega petrochemical complex in Visakhapatnam. All these projects would change the face of the city.

Referring to IGIAT, he said that the institute would provide the much-needed technical competence to students passing out of engineering colleges and technical institutes to improve their employability. The German Government had advanced Rs. 16 crores for the provision of infrastructure at the institute. The State Government had allocated five acres of land and the Gayatri Vidya Parishad had made an initial investment of Rs. 40 lakhs for the project.

Last edited by Babji; May 21st, 2006 at 02:28 AM.
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Old May 20th, 2006, 10:36 PM   #65
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MRTS for Vizag.

URL: http://www.thehindu.com/2006/05/21/s...2111160300.htm
582-cr. revival package for BHPV

VISAKHAPATNAM: The revival package for the public sector Bharat Heavy Plate and Vessels (BHPV) in the city has been finalised to provide assistance to the tune of Rs. 582 crores to the heavy engineering unit.

5,000-cr. transit system

Mr. Janardhana Reddy also said that a mass rapid transit system, would be provided for the city at a cost of Rs. 5,000 crores.

He also put the expansion projects of HPCL at Rs.22,000 crores which obviously included the proposed petro-chemical project besides expansion of the refinery.
---------------------------------------------------------------
Did any one hear about the announcement of an Inner Ring Road?

Last edited by Babji; May 20th, 2006 at 11:47 PM.
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Old May 21st, 2006, 01:05 AM   #66
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wow, it's a big list for Vizag and surrounding areas. this region is full of natural resources and has good port infrastructure which is currently undergoing upgradation. this area can be made equal to the Pudong industrial estate near shanghai, on the east cost of china.
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Old May 21st, 2006, 01:53 AM   #67
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More flights, better roads

http://www.vizagcityonline.com/news/vizagnews.html

NEW FLIGHTS FOR VIZAG: In a press release to VizagCityOnline.com, Minister Mr. N. Janardhan Reddy announced that the current number of 54 flights operating in the city will go up to over a 100 flights from November of this year. 10 flights in the Vizag-Kolkata-Vizag sector, 24 in the Vizag-Chennai-Vizag sector, 28 on the Vizag-Hyderabad-Vizag sector, 21 in the Vizag-Mumbai-Vizag sector and 14 in the Vizag-Delhi-Vizag sector will be operating per week.
Moreover, Silk Air, a subsidiary of Singapore Airline has already confirmed its willingness to operate flights from Visakhapatnam to Singapore direct.

Rs. 212 CR. FOR URBAN DEVELOPMENT OF CITY: Rs. 212 crores for the Visakhapatnam city under the Jawaharlal Nehru National Urban Renewal Mission Scheme has been finalised...

Rs. 64 crores would be used for the Tatipudi pipeline scheme,
Rs. 32 cr. for teh LG Polymers-Pendurthy Road,
Rs. 29 cr. for the Pineapple Colony-Vepagunta Road,
Rs. 26 cr. for the Hanumanthawaka 200 ft. road scheme.
Rs. 25 cr. for the Jail Road to inner ring road,
Rs. 24 cr. for the TSR-Yendada-Kommadi water supply scheme,
Rs. 9 cr. for Yerrigedda regularisation scheme and
Rs. 4 cr. for canal regularisation scheme.

Also, a cancer hospital with NRI assistance is to be set up in the city.

Last edited by Babji; May 21st, 2006 at 02:39 AM.
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Old May 21st, 2006, 02:15 AM   #68
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Tunnel from the city to Bhimili

http://timesofindia.indiatimes.com/a...48,curpg-1.cms

VISAKHAPATNAM (ANDHRA PRADESH): Prime Minister Manmohan Singh on Saturday said this port city had the potential to become a special economic region and attract an investment of $10 billion.

Rs.980 million urban development scheme under the Jawaharlal Nehru Urban Renewal Mission...

... promised to consider proposals for developing an international airport and a Mass Rapid Transit System (MRTS).
... proposal to lay a tunnel under the hills to connect the city to new developing area of Bhimili ...

Last edited by Babji; May 21st, 2006 at 02:31 AM.
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Old May 23rd, 2006, 02:12 AM   #69
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News From Webindia123.com
Eleven Express trains to be upgraded to Superfast trains

Eleven Express trains running under the East Coast Railway (ECoR) division will be upgraded to Superfast trains soon.

8475/8476 Puri-New Delhi-Puri (Neelachal Express) via Tata,
8311/8312 Howrah- Sambalpur-Howrah(Ispat Express),
8413/8414 Bhubaneswar-Sambalpur-Bhhubaneswar Express,
8561/8562 Visakhapatnam-Nizamudini-Visakhapatnam link Express,
7007/7008 Visakhapatnam-Hyderabad-Visakhapatnam Godavari Express and
8007/8008 Puri-Howrah-Puri Express from July.

After upgradation to the status of super fast train the Puri-New Delhi-Puri(Neelachal Express), Howrah-Sambalpur-Howrah(Ispat Express) Bhubaneswar-Sambalpur-Bhubaneswar Express, Visakhapatnam Godavari Express and Puri-Howrah-Puri Express would be renumbered as 2875/2876, 2872/2871, 2893/2894, 2861/2862, 2727/2728 and 2837/2838 respectively.

8003/8004 Howrah-Yashwantpur-Howrah Express and
8613/8614 Hatia-Yashwantpur-Hataia Express will be upgraded and will be
renumbered as 2863/2864 and 2835/2836 from July 10.

5626/5625 Guwahati-Bangalore-Guwahati Express and
5638/5637 Guwahati-Secunderbad-Guwahati Express will also be upgraded along with the Ernakulam-Guwahati Express from July 4.

7045/7046 Howrah-Hyderbad-Howrah East Coast Express will be soon renumbered as 8645/8646 from July.
--------------------------------------------------------------------
I guess, this will increase the speed of the trains so the travel time will come down.
may be, they should consider increasing the capacity (# of bogies) and increase the length of platforms.
or they should introduce double decker coaches.
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Old May 23rd, 2006, 04:06 PM   #70
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according to our system, if a train travels 60km/hr, it will be classified as super-fast. i say that's primitive thinking; they're still living in the stone age.
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Old May 25th, 2006, 02:58 AM   #71
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http://www.business-standard.com/com...=IN&autono=987

Quote:
Divi's Labs gets nod for pharma SEZ

Hyderabad-based Divi's Laboratories has received a letter of approval from the ministry of commerce for setting up a sector-specific special economic zone (SEZ) for pharmaceutical ingredients at Chippada, Bheemunipatnam in Visakhapatnam. The pharmaceutical company will be investing around Rs 200 crore for the purpose.

Kishore Babu, chief financial officer of Divi’s Laboratories, said: "We will be investing Rs 120 crore initially and later invest Rs 80 crore. The total investment for the 250-acre SEZ will be spread over four years."

The company will be raising funds for the investment via foreign currency loans. "This will involve a debt of around $15 million. The remaining investment will be via internal accruals," Babu said.

NICE TO SEE THIS. several MNCs too are interested in opening units in the Ramky Pharma SEZ in Vizag. hope to see more major investments in the 2100 acre SEZ.
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Old May 25th, 2006, 08:01 PM   #72
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Navy to acquire 5,000 acres for new naval base

Quote:
The Indian Navy will acquire about 5,000 acres from the State government for the construction of a new naval base to the south of Visakhapatnam. For this, negotiations are going-on between the State government and the villagers who will be displaced, according to Chief of Naval Staff Admiral Arun Prakash.

Interacting with the media persons after the Naval Investiture Ceremony 2006 at the Naval Base here today, Arun Prakash said that it has become necessary for the Eastern Naval Command (ENC) to construct a new naval base as the existing channel of Visakhapatnam port, shared by the Naval and merchant ships, was narrow and crowded.

The Chief of Naval Staff said that he reviewed the security aspects in the region, assets of the ENC, its combat preparedness and welfare of Naval personnel and sailors, during his current visit.

The ENC has various long and short-term proposals for development and a majority of them were at the stage of being approved by the Government, he said and added that 17.5 percent of defence budget which the Indian Navy received for the current fiscal, was adequate for safeguarding the maritime interests.

New acquisitions like aircraft carrier, escort ships, support ships and submarines would enable the Indian Navy to meet the aspirations for the next eight years, he opined.

Earlier, addressing the Naval Investiture Ceremony 2006, Arun Prakash said that India’s economic stability was largely dependent on its Navy. It was the Navy which maintained cordial relations with the neighbouring countries, particularly with those situated on the seacoasts.

Apart from its modern three-dimensional maritime warfare capability, it was the professionalism of Indian Naval personnel that was highly appreciated by other naval forces in the world, he observed.

A ceremonial parade was conducted by 24 platoons, including six armed platoons and a 50-member team of Nissan Guard. The Chief of Naval Staff presented the President’s gallantry and non-gallantry awards to Naval officers and sailors.

ENC Flag Officer Commanding-in-Chief Vice Admiral Sureesh Mehta was present among others.
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Old May 25th, 2006, 08:03 PM   #73
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BARC gets land for its biggest campus near Visakhapatnam

Quote:
The Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) has handed over 2,080 acre land in the Special Economic Zone coming up at Atchutapuram here, to the Bhaba Atomic Research Centre (BARC) for its new campus.

About 2,500 acres more, including 800 acres for residential quarters for BARC employees, will be acquired by the APIIC. This proposed branch of the country’s premier atomic energy research establishment will be bigger than the BARC headquarters at Mumbai.

As of now, compound wall construction of the proposed BARC branch began, according to APIIC zonal manager (Projects) D Haranadha Reddy.

The zonal manager told this paper that APIIC was acquiring 10,000 acre land for the SEZ in addition to the 9,200 acres which was under its control. Already, 1,000 acres had been allotted to Sri Lankan textile company Brandix.

As regards Pharma City at Parawada, out of 27 bulk drug manufacturers which were allotted land, six companies are about to begin the construction work.


APIIC is taking steps to facilitate the setting up of industries in the least possible time while providing the required infrastructure facilities with the help of Industrial Infrastructure Development Fund and Critical Industrial Infrastructure Funds.

Necessary concessions and incentives were being given in accordance with the industrial policy to attract entrepreneurs, Haranadha Reddy said.
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Old May 25th, 2006, 08:14 PM   #74
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Now add BARC and a new Naval base to the list of upcoming projects..
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Old May 25th, 2006, 08:46 PM   #75
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wow, Vizag will be a major hub. i hope the state gov'ts efforts to establish Vizag-kakinada region as an industrial hub come true. Nizampatnam SEZ by Skoda too will have around 2500 acres manufacturing SEZ. this is great news.
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Old May 26th, 2006, 11:31 AM   #76
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BARC gets land for its biggest campus near Vizag

VIZAG: The Andhra Pradesh Industrial Infrastructure Corporation Limited (APIIC) has handed over 2,080 acre land in the Special Economic Zone coming up at Atchutapuram here, to the Bhaba Atomic Research Centre (BARC) for its new campus.

About 2,500 acres more, including 800 acres for residential quarters for BARC employees, will be acquired by the APIIC. This proposed branch of the country’s premier atomic energy research establishment will be bigger than the BARC headquarters at Mumbai.

As of now, compound wall construction of the proposed BARC branch began, according to APIIC zonal manager (Projects) D Haranadha Reddy.

The zonal manager told this paper that APIIC was acquiring 10,000 acre land for the SEZ in addition to the 9,200 acres which was under its control. Already, 1,000 acres had been allotted to Sri Lankan textile company Brandix.

As regards Pharma City at Parawada, out of 27 bulk drug manufacturers which were allotted land, six companies are about to begin the construction work.

APIIC is taking steps to facilitate the setting up of industries in the least possible time while providing the required infrastructure facilities with the help of Industrial Infrastructure Development Fund and Critical Industrial Infrastructure Funds.

Necessary concessions and incentives were being given in accordance with the industrial policy to attract entrepreneurs, Haranadha Reddy said.

Last edited by bommasaniv; May 26th, 2006 at 11:59 AM.
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Old May 28th, 2006, 04:58 PM   #77
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http://www.newindpress.com/NewsItems...radesh&Topic=0

Quote:
Vizag’s strategic importance grows

After the Indian Navy, it is India’s premier scientific establishment Bhabha Atomic Research Centre (BARC) that is ‘looking to the East’.

With its own ‘look east policy’, BARC will be giving a fillip to the city’s growing strategic importance by opening its campus in the sprawling special economic zone (SEZ) coming up at Achutapuram near here.

The ongoing Naval base expansion project assumed national importance and the BARC project will add to the glory of the City of Destiny.

The new BARC campus will also be home for Homi Bhabha National Institute (HBNI). HBNI is a deemed university, which offers graduate programmes in nuclear sciences. The first HBNI campus was opened in Mumbai recently.

According to sources, BARC has drawn up plans to set up major facilities in the SEZ and some ‘minor facilities’ in Andhra University (AU).

AU will have academic exchange programmes with HBNI to which all establishments of Department of Atomic Energy except Tata Institute of Fundamental Research would be networked.

HBNI, the dream project of Homi J Bhabha, aimed at creating trained manpower in the field of atomic energy and Visakhapatnam has been chosen to realise his dreams.

A top official of BARC visited the city recently and met AU vice-chancellor L Venugopala Reddy. The BARC official reportedly promised that the campus would have facilities, which do not exist, in BARC headquarters. He even visited the proposed site of the BARC campus.

The BARC official is scheduled to make another visit next month to give final shape to the ambitious project, likely to be grounded very soon. As of now, compound wall construction of the BARC branch began.

It may be recalled that Andhra Pradesh Industrial Corporation Limited (APIIC) has already handed over 2,080 acres of land in the SEZ for the BARC campus.

About 2,500 acres more including 800 acres for residential quarters (for BARC employees) are being acquired by APIIC.


it has pretty much the same stuff as the above articles, but def Vizag getting a campus that is larger than the headquarters in Mumbai, for BARC, is a thing for everybody to be proud of. economically and military-wise Vizag's importance in growing and with the current industrial activity in this area, there is no doubt Vizag will be a mega-city, in terms of it's contribution to Indian economy, by 2015.
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Old May 31st, 2006, 01:01 PM   #78
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Not all over yet for VW and Vizag...

Hyderabad, May 30: The German auto major Volkswagen (VW) has denied that it has plans to set up its automobile plant in Nasik, Maharashtra. VW officials recently wrote to the State government denying reports that the company plans to move to Maharashtra and reiterated that it was engaged in a dialogue only with the Andhra Pradesh government. However, VW also made it clear that the project will not come up before 2009.

Official sources told this correspondent that VW officials responded to the State government’s concerns after there were media reports claiming that VW had chosen Maharashtra over Andhra Pradesh. A week after Prime Minister Manmohan Singh visited Germany and met representatives of the automobile company on April 22, media reports from national capital had claimed that a VW delegation told the Indian officials that they have chosen Nasik to set up their car plant. Sources said that on Chief Minister Y.S. Rajasekhar Reddy’s instructions, principal secretary (industries) Lakshmi Parthasarathy wrote to VW seeking clarification.

She also referred to the preparation of a draft Memorandum of understanding and working out the financial model based on economic incentives sought by the German company
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Old June 2nd, 2006, 09:43 PM   #79
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Prajay Engg begins work on `Harbour City'


Quote:
Hyderabad , June 2

Prajay Engineers Syndicate Ltd has launched its mega township project `Prajay Harbour City,' a large format integrated township opposite NTPC at Visakhapatnam.

Prajay Harbour City would be spread across an area of 149 acres and comprise 1,044 independent houses.

The built up area of these houses would range from 950 square feet to 1,450 sft.

They would be equipped with all modern amenities for the convenience of discerning residents.

The company informed the stock exchanges that Prajay Harbour City would be amongst the premium townships in India with all modern amenities resulting in internationally comparable living standards for the residents.

The capital outlay for Prajay Harbour City is expected to be Rs 55 crore and the project is expected to yield Rs 126 crore in revenues and Rs 51.5 crore in profits, the company said. Prajay Harbour City is eligible project for exemption under section 80 1B of the Income Tax Act, 1961.

The project would have a saleable area of 1.3 million sft apart from Club House and other common amenities for the residents of 40,000 sft. It would be completed over the next 24 months, the company said.
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Old June 5th, 2006, 06:22 PM   #80
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Prajay Eng to set up Rs 55 cr harbour city project at Vizag
UNI: Created on : 06/05/2006 5:53:00 PM (NORMAL )

Mumbai, June 5 (UNI) Construction company Prajay Engineers Syndicate has launched
'Prajay Harbour City' mega township project with a capital outlay estimated at Rs 55 crore at Vishakhapatnam (Vizag).

Announcing this, the company's release said 'Prajay Harbour City', a large format integrated township at Vizag, Andhra Pradesh, is expected to be completed over the next 24 months. The project is expected to yield Rs 126 crore in revenue and Rs 51.5 crore in profits, which will be eligible for exemption under section 80 IB of the Income Tax Act, 1961.

The project will be spread across an area of 149 acres and comprise 1,044 independent houses. The built up area of these houses will range from 950 square feet to 1,450 square feet, equipped with all modern amenities for the convenience of discerning residents. The project will have a saleable area of 1.3 million square feet apart from clubhouse and other common amenities for resident.
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