… "The first phase with 0.8 Mtpa capacity is expected to be commissioned by June-July, 2010. Work for the stainless steel plant is going on in full swing,"JSL Vice President and Managing Director Ratan Jindal told reporters after meeting Orissa Chief Minister Naveen Patnaik.

Though there has been some delay in the Rs 6,500 crore project …

Once the first phase is commissioned, work for the next phase would be expedited to achieve the 1.6 Mtpa capacity at the earliest.

… He said 50 per cent of the electricity generated from the captive power plant (cpp) of the company is being provided to the state government.

On the proposed 1,000 mw thermal plant to be set up in Dhenkanal, Jindal said details were being worked out for the project.

Tathya.in has a few statements on the simple style of Billionaire owner Ratan Jindal.

Ratan, in fact, known for his down to earth approach and simple life style.

He like others never moves in his personal jet and does not shows off his wealth, said an industry watcher.

He simply moves in Jetlite or Indigo with a few of his officers.

Ratan Jindal is the one of 4 sons of late O. P. Jindal. His mother is a minister in the Harayana state government and one of the brother Naveen Jindal is an MP. There are many colleges and a university with O. P. Jindal’s name. This includes the:

• O. P. Jindal Global University in Harayana with Jindal Global Law School as its first school
• O. P. Jindal Institute of Technology in Chhatisgarh under the aegis of Jindal Education and Welfare Society

The Orissa government should push Mr. Ratan Jindal for an engineering college and a medical college in Orissa.

The overall ranking of the 17 cities are:

1. Ludhiana
2. Hyderabad
3. Bhubaneswar
4. Gurgaon
5. Ahmedabad
6. New Delhi
7. Jaipur
8. Guwahati
9. Ranchi
10. Mumbai
11. Indore
12. Noida
13. Bangalore
14. Patna
15. Chennai
16. Kochi
17. Kolkata

Why is Pune not in the list?

… Orissa Government, in its bid to encourage power generation from waste has given its accord to 8 bio mass based power projects with a combined generation capacity of 90 MW by private developers.

The proposed projects are likely to be set up in Raygada, Nawarangpur, Ganjam, Nayagarh, Khurda, Dhenkanal and Puri districts. The cost per MW of power is expected to be between INR 4.5 crore to INR 5 crore depending on the location and evacuation facilities.

Moreover, the Sali Vahana Green Energy is planning to set up a 20 MW bio mass based power plant in Dhenkanal and Satya bio power Industry, a 10 MW plant in Ganjam. Prasad bio energy plans to set up a 10 MW unit in Raygada. While Jaylaxmi bio energy Limited to set up a 10 MW unit in Nayagarh another plant of similar capacity by Andhavarapu bio energy is likely to come up in Nawarangpur. Sampath Power Projects and Falcon Green Energy propose 10 MW capacity units each in Khurda and Puri respectively.

Land has been identified near Amarda in Mayurbhanj district for establishment of the Army base in the State.

General-officer-commanding (GOC), central command, J.K. Mohanty met Chief Minister Naveen Patnaik here at the Secretariat today to discuss the issue.

Mohanty told mediapersons that it is now for the State Government to acquire the land and hand it over for establishment of the base.

The Centre recently informed the State Government that it had decided in principle to establish an Army base in the State and requested it to provide the required land. Chief Minister Naveen Patnaik had assured the Centre that it will extend all cooperation including provision of land for this purpose.

Amarda is close  to NH 60 on State highway 61. Its about 15 kms west of from Jaleswar. It is 10 km from Rasgobindpur airport and is about 50 kms from Baripada. There is an Amarda Road station between Basta and Rajghat stations.

Gurgaon-based real estate firm Vipul Limited, one of the leading real estate developers in the country, plans to invest Rs 80-100 crore in setting up a four-star business hotel in Bhubaneswar .

Vipul Limited had identified Bhubaneswar as one of the 5-6 strategic locations in the country where it intends to set up three-star and four-star business hotels.

Apart from Bhubaneswar, these business hotels are set to come up in the states of Punjab, West Bengal and Andhra Pradesh. Each of these business hotels would cost Rs 80-100 crore.

“We have identified two to three plots of land in Bhubaneswar, including one close to the airport for setting up a four-star business hotel. "

The proposed hotel would come up on an area of 2-3 acres”, Punit Beriwala, managing director, Vipul Limited told Business Standard.

He declined to comment on the time-frame of setting up of the business hotel as the details were yet to be worked out.

… The new structure will result in a 10% royalty payout on iron ore of all grades instead of the Rs 13-27 per tonne that states have been getting, depending on the quality of the ore. Revenue for states from the vital input for steel is likely to increase from Rs 250 crore to over Rs 1,500 crore per year.

“Higher royalty payments will certainly impact our expansion projects as lower realisations and even lower margins now leave little with the companies,” said an official of a leading private sector steel company.

The mines ministry estimated the total value of mineral production during 2008-09 at Rs 1.14 lakh crore. Orissa, Chhattisgarh, Jharkhand and Madhya Pradesh are India’s top mineral producing states and they have been pressing the Union government for about two years now to revise the royalty rates.

…Along with iron ore, the new system will lead to changed royalty rates for limestone, zinc, bauxite, manganese, diamond and uranium.

States’ royalty earnings on non-coal minerals are expected to double from level Rs 2,014 crore (at 2006-07 production levels) because of the new structure.

Royalty rates were last modified nearly five years ago and a change has been due since 2007.

Tata Realty & Infrastr-ucture (TRIL), Tata Group’s real estate and infrastructure development arm, has hired Singapore-based Jurong International as the master planner for its special economic zone (SEZ) project in Gopalpur (Orissa).

“We have shortlisted Jurong for this important project,” said a Tata group official. Jurong offers design and build, consultancy, construction, and facilities management services and its India office is located in Hyderabad.
The multi-product SEZ, with all infrastructure facilities and required amenities, will cost the group nearly $ 1billion.
So far, Jurong has done master plans for 380,000 hectares, 10 million square meters of industrial land and 5.8 million square meters of residential space.

The SEZ in Gopalpur will focus on minerals, mining and associated industries. At present, Tata Steel possesses the land slotted for SEZ. In 1995, Tata Steel acquired the land for Rs 150 crore to set up a 2.5 million tonne per annum port-based steel plant in Orissa and spent. This plan had to be abandoned due to lack of amenities such as adequate water and iron ore linkages at the site. Now, Tata Steel is putting up a multi-million tonnes per annum steel plant at Kalinganagar in Orissa.

We plan to focus on industries that are downstream value-added in the metals and minerals space and allied industries such as gem and jewellery for the SEZ, which is planned to come up in 2,900 acres. The land is already in our possession and the necessary approvals are in place. So we expect that this development will not face any land acquisition related problems,” a TRIL official told Financial Chro-nicle.
“The positioning of the SEZ has been made keeping in mind the advantages of the local area and infrastructure such as a functioning port that’s capable of deep draught, an air strip and railway slidings that could be utilised by the industrial units in the zone,” added the official.

I hope this is for real and not because TATAs are due for some mining lease renewal. They have been accused of using such strategy with Orissa during mining lease renewal times.

Though Orissa has 183 million tonnes of chrome ore, constituting 98 per cent of the total chrome deposits in the country, only 3.27 per cent of this, which comes to about 6 million tonne, has been fully explored till date.

To expedite the exploration and exploitation of chrome reserves in the state, the government has granted mining leases to 15 companies including Ferro Alloys Corporation (Facor) and Balasore Alloys.

Of the total chrome reserves in Orissa, Sukinda area in Jajpur district has the lion’s share of 173 million tonne (mt). This includes low grade chrome.

The places in Sukinda where the chrome deposits are found are Kamarda (2 mt), Saruabili (9 mt), Sukrangi (7.5 mt), Kaliapani (25 mt), Bhimatanger (98 mt), Kalarangi (0.5 mt) and Chingudipal and Tailangi (13 mt).

Out of the total deposits found in Sukinda area, 18 million tonne are of inferior quality, says the state steel and mines minister, Raghunath Mohanty said.

The Kamakshyanagar in Dhenkanal district, which adjoins Sukinda valley, has about 4.42 million tonne reserve of chromite in locations like Sandhasar, Tulasiposhi, Haladigunda and Kathapal. The estimated reserves at Kathapal are 2 million tonne.

Mohanty said, the total chromite reserve of the state is estimated at 183 million tonne, out of which 177.42 million tonne occur in Sukinda and Kamakshyanagar area.