Govt. okays Gopalpur SEZ
Berhampur- Gopalpur- Chhatrapur, Bhubaneswar-Berhampur, Ganjam, INVESTMENTS and INVESTMENT PLANS, Railways, SEZs May 31st. 2007, 6:48amNDTV reports that the Gopalpur SEZ has been cleared by the Central Govt.
There was a lot of hue and cry that why the Gopalpur SEZ was not moving further in Orissa. Recent events show that it was held up due to security clearances which was required. Hopefully this will ensure faster development in Orissa.
.jpg){kind=link}
June 4th, 2007 at 5:38 am
Gopalpur Ports rail linkage to be constructed by RVNL
http://www.steelguru.com/selectednews/index/2007/005/027/archives.html#21834
Exim News Service reported that the Rail Vikas Nigam Ltd will construct a new 70 kilometer rail line to facilitate cargo movement to Orissas Gopalpur port. The INR 400 crore project is supported by Gopalpur Port Ltd and Dubai Aluminium Ltd.
Mr Churchit Mishra Director of OSL Group who operates the Gopalpur port on build, operate and transfer basis, told Exim News Service that the handling capacity of ports in Orissa would increase to nearly 150 million tonnes in 2 to 3 years as a number of industries were being established in the state. And GPL was quite assured of cargo, given its location proximity to cargo generating units.
Gopalpur Port, situated between Visakhapatnam and Paradip Ports on the east coast, is being jointly developed by a consortium comprising OSL Group, Sara International and the Hong Kong based Noble industries. It has already commenced cargo handling through barges at the existing minor port at Gopalpur. It is constructing a new port at a cost of around INR 2,000 crore which is projected to handle 11 million tonnes of cargo by 2009-10. According to the report, two berths would be established initially having a draught of 16 meters.
June 6th, 2007 at 1:17 am
Tripathy Babu,
Thank you very much for the information. On the same lines one more update is that the Gopalpur SEZ will be a multi-product SEZ.
I am happy with the new policy decision of the Central Govt. which has applied an extra duty on export of minerals. This should act as a deterrent for ore-exporting companies.
Already Vedanta group head Anil agarwall is planning on a steel plant based on the mines which he has acquired following the SESA GOA acquisition.
We should see some progress in terms of a steel plant..