Archive for the 'Paper and newsprint' Category

Odisha continues to attract investors in Steel, Energy and Cement during July-September 2010

Angul, Balangir, Bargarh, Bouda, Cement, Coal, Cuttack, Dhenkanal, Ganjam, Jajpur, Jharsugurha, Keonjhar, Mayurbhanj, Paper and newsprint, Rayagada, Steel, Thermal 7 Comments »

Following is from a Business Standard report.

The state has attracted investments worth Rs51963.54 crore in the July-September quarter of 2010-11, reinforcing its image as an investor friendly destination.

… Of the 22 proposals that the state has received in the July-September period of this fiscal, seven have been in the energy sector followed by six in the steel and mines sector and three in the cement sector.

Investment proposals in the energy sector have been to the tune of Rs32024.76 crore with a cumulative capacity of 5175 Mw. Hecate Power Company Ltd has proposed to set up a 1080 Mw (4×270) thermal power plant in Bolangir district at a cost of Rs5350 crore.

Samvijaya Power and Allied Industries Ltd has proposed to set up a 1320 Mw (2×660) thermal power plant at Rampela in Jharsuguda district at an investment of Rs6828.38 crore.

Another power firm- Arissan Energy Ltd has also proposed to set up 1320 Mw (2×660) thermal power plant at the same location, entailing an investment of Rs6828.38 crore.

Similarly, Action Ispat and Power Ltd has evinced interest in setting up a 1320 Mw (2×660) thermal power plant at Puruna Pani in Boudh district at a cost of Rs8079.74 crore.

Embassy Nirman Pvt Ltd has proposed to set up a 135 Mw coal based power plant at Ghantikhal in Cuttack district at an investment of Rs618 crore.

Moser Baer Power and Infrastructures Ltd has proposed to put up a 1320 Mw (2×660) power plant in Bolangir district at a cost of Rs7400 crore.

Sonepur Energy and Oil City Pvt Ltd has lined up an investment of Rs5000 crore in setting up a gas processing plant and petrochemical complex at Sonepur in Ganjam district.

In the steel sector, ARSS Steel & Power Ltd has proposed to set up a three million tonne per annum (mtpa) steel plant at Boinda in Angul district, involving an investment of Rs10900 crore.

Similarly, Neepaz B C Dagara Steels Pvt Ltd, has planned to set up a 0.4 mtpa integrated steel plant and a 45 Mw captive power plant (CPP) at Rairangpur in Mayurbhanj district at a cost of Rs1152 crore.

International Minerals Trading Company Pvt Ltd has proposed to set up an iron ore fines beneficiation plant at Barbil in Keonjhar district at a cost of Rs150 crore.

In the cement sector, Visa Cement Ltd intends to set up a portland cement plant at Bargarh at a cost of Rs1840 crore. Jaipur Cements Pvt Ltd has proposed to set u a 0.5 mtpa cement grinding plant at Kalinganagar in Jajpur district at a cost of Rs63.50 crore.

Bhushan Infrastructure Ltd has planned an integrated township at Mangalpur in Dhenkanal district at an investment of Rs425 crore. J K Paper Ltd plans to set up a paper board plant at Jaykaypur in Rayagada district at a cost of Rs1475 crore.

Odisha Single Window Clearance Committee approves new investment of 6500 crores

Angul, Balasore, Bhadrakh, Cement, Chemicals, Food processing, INVESTMENTS and INVESTMENT PLANS, Jagatsinghpur, Keonjhar, Khordha, Manufacturing, Mayurbhanj, Nayagarha, Paper and newsprint, Sambalpur, Single Window Clearance (SLSWCA), Steel, Sundergarh 4 Comments »

Following is from a report in Hindu Businessline.

… Orissa government on Friday approved fresh investment of Rs 6,500 crore …

The investment proposals were approved by the Single Window Clearance Committee (SLWCC) meeting chaired by the chief secretary Mr B K Patnaik here.

“The 16 projects approved today will give direct employment to 15,000 people and provide indirect employment for another 25,000 persons,” Industries secretary Mr Sourav Garg told reporters adding that projects worth less than Rs 1,000 crore got clearance from the SLWCC.

Stating that the projects were in cement (4 units), food processing (one unit), manufacturing (one unit), power (one unit), paper (one unit) and steel (five units) sectors …

The name of the companies and additional details are given in this report from Samaja.

Emami paper mills plans to invest 500 crores to increase its production capacity in Balasore, Odisha

Balasore, Balasore- Chandipur, Paper and newsprint No Comments »

Emami currently has manufacturing facilities in Balasore and Kolkata. Following are excerpts from a report in Economic Times about its future plans.

Emami Group company Emami Paper Mills (EPM) on Friday said it will invest around Rs 500 crore to double its newsprint production capacity to 3 lakh tonnes per year in the next two and half years.

… "We will invest around Rs 500 crore on increasing the production capacity of our plant in Orissa. After the expansion, we will double the capacity to 3 lakh tonnes a year," Emami Group Director Aditya Agarwal said.

EPM has two plants in Orissa and West Bengal with a total production capacity of 1.5 lakh tonnes of newsprint per annum.

Agarwal said the firm will start a new line to hike production at its Orissa plant and will mainly be used for recycling papers.

The Odisha government should go after establishing a paper product cluster around this plant as the output and the byproduct of the Emami plant can be used for a whole bunch of paper products. See http://dir.indiamart.com/industry/paper.html for a list. A similar cluster should also be planned near Rayagada where JK plans a new pulp mill.

JK plans new pulp mill in Rayagada at a cost of 1500 crores

Paper and newsprint, Rayagada 1 Comment »

Following is an excerpt from a report in expressindia.com.

JK Paper plans to invest around Rs 1,500 crore to set up a new pulp mill at Rayagarh Rayagada, Orissa. “The amount would be raised through a mix of debt and equity in the ratio of 1.5:1,” JK Paper MD Harsh Pati Singhania said. He said the company will raise the money through external commercial borrowings, debt instruments such as foreign currency convertible bonds apart from internal accruals. The new pulp mill will come up with a capacity of 2 lakh tonne per annum and paper a capacity of 1.5 lakh tonne per annum. It is likely to be commissioned in the second half of 2012.

For the new plant, the company will also ramp up its captive power unit from existing 35 mw to 55 mw.

Single window clearance of various projects

Balasore, Balasore- Chandipur, Bhubaneswar- Cuttack- Puri, Bhubaneswar-Pipli- Astaranga, Cuttack, Dhenkanal, Hydro, Solar and other renewable, Khordha, Land acquisition, Mukesh Ambani group, Odisha govt. action, Paper and newsprint, Puri, Single Window Clearance (SLSWCA), Steel, Tathya.in, Thermal No Comments »

Following is excerpted from a report in tathya.in. The various projects that were cleared are:

  • A 12 MTPA Greenfield steel mill at Astaranga in Puri district by Navayug Steels Limited with an investment of Rs.34,000 crore. Linkage for iron ore has not been covered in the proposed mega project. The Navayug Group is setting up a port in Astaranga with an investment of Rs.6000 crore and a 2640 mw mega thermal power plant with an investment of Rs.11200 crore in Astaranga.
  • Bhusan Steels Limited (BSL), which is setting up a 3.10 MTPA steel mill in Meramundali in Dhenkanal was allowed to expand it’s capacity to produce 9 mtpa with an additional investment of Rs.20,804 crore.
  • Reliable Sponge’s proposal to set up a 0.25 MTPA steel plant along with a 24 mw captive power plant having a total investment of Rs.227.13 crore was cleared by the Authority.
  • Emami Paper Mills Limited (EPML) proposal for a 1.32 lakh ton per annum Newsprint unit along with a co-generation power plant for an investment of Rs.500 crore was cleared.  EPML has established a paper mill at Balasore in 1982 and the new plant will come up in the same area. 
  • Purvi Bharat Paper & Power (PBPP) has proposed for a 33,000 TPA writing & printing paper mill at Choudwar in Cuttack district with an investment of Rs.90.50 crore.
  • The proposal to set up 5 mw solar park near Bhubaneswar with an investment of Rs.125 crore by Reliance Industries Limited (RIL) received clearance of the Authority.
  • In total, the State Level Single Window Clearance Authority (SLSWCA) on 17 March cleared the proposed investment of Rs.55,650 crore in 6 projects.