Archive for the 'Mukesh Ambani group' Category

Reliance to lease OSRTC land

Angul, Anugul- Talcher - Saranga- Nalconagar, Bhubaneswar- Cuttack- Puri, Cuttack, Dhenkanal, Khordha, Modern Bus Stands, Mukesh Ambani group, New Indian Express, Indian Express, Financial express, PPP, REAL ESTATE, Sambalpur, Sambaplur- Burla- Bargarh- Chipilima 1 Comment »

Following isĀ  from a report in New Indian Express.

The State Government will lease out unused land of Orissa State Road Transport Corporation (OSRTC) at Cuttack, Baripada and here to the Reliance Industries Limited (RIL) for commercial purpose.

The OSRTC has prime land at Master Canteen, Pala Mandap in Cuttack and Baripada town. The corporation will lease out the Master Canteen land to RIL for 33 years for Rs 20 crore. Reliance has proposed to open retail outlets and has agreed to pay a monthly rental of Rs 15 lakh.

The company has reportedly deposited Rs 6 crore with the Government for the OSRTC land at Baripada town. However, OSRTC will collect monthly rent from RIL for all the leased out plots. Rent will be revised every five years.

The proceeds from leased out land will be invested for procurement of more buses and modernisation of the Government bus stands.

In the first phase, five bus stands at Angul, Bhubaneswar, Cuttack, Dhenkanal and Sambalpur will be modernised under the public-private partnership.

While the bus stands of Bhubaneswar, Cuttack and Sambalpur will be renovated, two new bus stands will be developed at Angul and Dhenkanal.

The public utility has 230 on road buses and plans are afoot to add another 50 to its fleet. The corporation has submitted a proposal to the Government for pay revision of the employees, official sources said.

Tatas, Reliance and ADAG after coal to diesel project in Orissa

Angul, Anil Ambani group, Coal to diesel, Jharsugurha, Mukesh Ambani group, Tatas Comments Off on Tatas, Reliance and ADAG after coal to diesel project in Orissa

Following is from Sambada.

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,, Thermal Comments Off on Single window clearance of various projects

Following is excerpted from a report 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.


Collection of old links on investments and investment plans

Anil Ambani group, Arcelor Mittal, Birlas, Central public sector, CIL, Indian majors, Industrial houses, INVESTMENTS and INVESTMENT PLANS, IOC, L & T, MCL, Mukesh Ambani group, NALCO, NTPC, POSCO, SAIL, Tatas, Vedanta Comments Off on Collection of old links on investments and investment plans

Following is somewhat of a dated collection on investments and investment plans in Orissa.