Archive for the 'Arcelor Mittal' Category

Land requirement of various upcoming steel companies

Anil Agarwal, Arcelor Mittal, Business Standard, Jindal, Land acquisition, POSCO, Steel, Tatas 2 Comments »

Following is an excerpt from a report in Business Standard.

The combined area required by these units has now been assessed at 33,268.5 acres, 16.48 per cent less than the 37,750 acres envisaged in the memoranda of understanding (MoUs) between these companies and the state government.

The state-owned Industrial Promotion and Investment Corporation of Orissa (Ipicol) had appointed MN Dastur & Co as consultant to prepare a report on the land requirement of various industries after receiving complains about companies demanding more land than they needed for the projects.

Ipicol, based on the report, has reassessed the land needs of the projects. The mega units that have been affected include Posco India, Jindal Steel and Power, Mittal Steel (India), Uttam Galva Steels, Sterlite Iron and Steel, and Bhushan Steel.

On the other hand, there has been no reduction in the land requirement of four mega units — Essar Steel Orissa (2,500 acres), SSL Energy (2,000 acres), Tata Steel (3,500 acres) and Welspun Power and Steel (2,200 acres). Out of the total land requirement, these steel companies have already applied for allotment of 32,034.9 acres, sources say.

Posco India, a subsidiary of South Korean steel major Posco, had sought 6,000 acres in the MoU signed with the state government in 2005 for its proposed 12-million-tonne per annum project near Paradip in Jagatsinghpur district. Ipicol, based on the Dastur & Co report, has reassessed the land requirement at 5,525 acres. The company has so far applied for 5,151 acres. While the state government has allotted 516 acres of its land to Posco, the company has already invested Rs 175.5 crore.

Jindal Steel and Power Ltd, which is setting up a six-million-tonne per annum steel project at Kerajang, needed about 5,750 acres. This has been cut to 3,843.5 acres by Ipicol. The company has applied to the Orissa government for 4,027 acres and has been allotted 1,719 acres. This includes 687.93 acres of government land and 1,031.85 acres private land. It has invested about Rs 765.46 crore in the project so far.

The land requirement of ArcelorMittal, which is planning to set up a 12-million-tonne greenfield steel project at Patna tehsil in Keonjhar district, has been reassessed at 7,750 acres. The company had sought 8,000 acres in the MoU. It has applied for 7,770 acres and has invested about Rs 50 crore for the project.

Similarly, the land requirement of Uttam Galva Steels, which is setting up a three-million-tonne steel project at Bistapal, has been reduced by 250 acres. While the MoU provided for allotment of 2,400 acres, Ipicol has reassessed this at 2,150 acres. The company applied for 2,146 acres and has been allotted 27.81 acres so far. The company has invested about Rs 35 crore for the project.

The three-million-tonne steel project planned by Sterlite Iron and Steel at Palasponga will have to manage with 1,000 acres less land than what was provided in the MoU. The company’s land requirement has been re-assessed at 2,400 acres. The company had applied for 3,378 acres, though has not been allotted any land so far.

The estimate of land needed by Bhushan Steel for its six-million-tonne per annum steel project at Meramundali in Dhenkanal district has been reduced by 600 acres. Though the company was to be provided 2,000 acres according to the MoU, Ipicol has reassessed the requirement at 1,400 acres. Bhushan Steel had applied for 1,994 acres and has been allotted 1,620 acres. It has invested Rs 5,000 crore in the project.

Orissa govt. should not violate its own policies in granting mining leases to Arcelor Mittal (or any one for that matter) in advance

Arcelor Mittal, Giving industries a bad name, Keonjhar, Odisha govt. action, State Bureaucrats (IAS, OAS, etc.) 1 Comment »

It is often mentioned that the Orissa government has a policy of not recommending mine prospective licenses to companies until they have invested certain percentage of their whole budget in ground. It seems both POSCO and Arcelor Mittal are pushing the Orissa government to overlook this policy. Orissa government should not do that. In particular, after reading the following, from expressbuzz.com I have a bad feeling towards Arcelor Mittal.  

BHUBANESWAR: In a bid to put pressure on the State Government for mines, Arcelor-Mittal, the largest steel maker of the world, Monday said the company will submit a detailed project report (DPR) for 12 million tonnes greenfield steel project in Keonjhar district only after it gets recommendation for prospecting licence.

‘We will submit the DPR if the Government recommends our name for mines,’ chief executive officer of the company’s greenfield projects Sanak Mishra told mediapersons after meeting Chief Minister Naveen Patnaik. Official sources, however, said the company is yet to fulfil the procedural prerequisites for getting mines for the steel project.

A two-member delgation of the company comprising Mishra and Vijay Nagar CEO (India) Vijay Bhatnagar was explained the procedure to be followed before requesting for mines.

… Bhatnagar said raising finance for new projects has become difficult in view of the meltdown. On land acquisition, he said it depends on the cooperation of the people. Gram Sabha (village committee meeting) has been completed in three out of 15 revenue villages. A meeting with the people of the remaining villages will be held soon.

Sources said the company is facing opposition from the villagers who want land price to be decided before convening the gram sabha. The price quoted by the affected villagers is reportedly not acceptable to the company.

As per the MoU, the company requires 7,750 acres of land for the project. About 1,400 acres of the proposed site are forest land which requires conversion. Construction work for the project will start as and when a substantial protion of land is acquired, Bhatnagar said.

Arcelor-Mittal aims for a captive port in Barunei Muhana, Kendrapada: Samaja

Arcelor Mittal, Barunei, Kendrapada (many interested), Kendrapada, Samaja (in Odia) Comments Off on Arcelor-Mittal aims for a captive port in Barunei Muhana, Kendrapada: Samaja

Update: See also http://www.business-standard.com/india/news/arcelor-mittal-plans-captive-port-in-orissa/354536/.

Arcelor Mittal’s plan of Rs 1200 crores for R & R

Arcelor Mittal, Keonjhar, R & R, Steel 1 Comment »

Following is an excerpt from a report in Business standard.

Global steel major ArcelorMittal, who is proposing to set up a 12 million tonne greenfield steel plant at Patna tehsil in Keonjhar district of Orissa, plans to spend about $300 million (about Rs 1,200 crore) on rehabilitation and resettlement (R&R). …

ArcelorMittal has presented its R&R plan to the Keonjhar district administration. It plans to spend the earmarked amount over a period of more than five years.

"We plan to spend about $300 million for the R&R plan over a period of more than five years. The R&R plan has already been submitted to the Orissa government," ArcelorMittal India chief executive officer (CEO) Sanak Misra said.

After meeting Orissa chief minister Naveen Patnaik along with Sudhir Maheshwari and Vijay Bhattanagar, the members of ArcelorMittal’s group management board, in the state secretariat today, Misra told the media that their steel plant will come up in two phases of 6 million tonne each. He said the R&R plan of the company was in conformity with the R&R policy of the Orissa government.

The plan envisages dwelling units for each of the displaced family with common facilities. The rehabilitation colonies will have water supply, educational institutions and primary health centres (PHCs).

As per the R&R plan, the company will set up a state-of-the-art industrial training institute (ITI) beside the steel plant. It is in discussion with three leading institutes of the country having previous experience in handling ITIs.

The model, including student strength and the cost of setting up of the ITI, is being worked out. Misra, however, made it clear that the ITI would come up before the commissioning of the plant. The company was in discussion with the state government for the required land, he said.

Official sources said, the company planned to apply the highest standards of corporate social responsibility (CSR) for the Orissa project and intended to make the R&R policy the backbone of the CSR strategy.

Misra said a detail project report (DPR), prepared by M N Dastur & Company (P) Ltd (Dasturco), was being finalised. It would be submitted in June, 2008, he added.

The DPR includes captive mining facilities, captive power supply, water supply infrastructure and other required facilities. It also includes setting up of townships for the company’s employees.

The ArcelorMittal CEO also expressed his satisfaction over the land acquisition, saying that it was making good progress.

The company had signed an MoU with the Orissa government in December 2006 for setting up a steel plant at an investment of about Rs 40,000 crore.

Mittal gets administrative sanction to acquire land – first step in land acquisition

Arcelor Mittal, Keonjhar, Land acquisition, Odisha govt. action, R & R, Steel, TOI, Economic Times 1 Comment »

Following is an excerpt from a report in Economic Times.

The Orissa government has given administrative sanction for acquiring land at Patana tehsil in Kenojhar district for Arcelor-Mittal’s proposed 12 million tons per annum steel plant.

The company … has already deposited Rs 4.03 crore with the Industrial Development Corporation (IDCO) as processing fee for phase-I land acquisition.

The government has also appointed a nodal officer to oversee land acquisition process and other issues concerning the company’s greenfield project, said Steel and Mines Minister Padmanabha Behera.

Arcelor-Mittal is understood to have sought nearly 8,000 acres of land for the purpose and the state is believed to have agreed to the request.

The government has, however, cleared acquisition of only 1,224 acre of land spread over three villages like Angikala, Baradangua and Bhrungaraj under Patana tehsil in the first phase of land acquisition.

The 1,224 acres demarcated for the first phase acquisition comprised 431 acres of government land and 739 acres belonging to private owners.

While the government had fixed price per acre of state land at Rs two lakh, it was yet to decide cost of private land which would be fixed according to rehabilitation and resettlement policy.

Arcelor-Mittal asking for much more land than the others

Arcelor Mittal, Land acquisition, POSCO, R & R, Steel Comments Off on Arcelor-Mittal asking for much more land than the others

Following is an excerpt from Pioneer on this.

The Forum stated that the land requirement of South-Korean steel maker Posco India Ltd has 4,004 acres, including around 3,566 acres of Government land, for their proposed 12 million ton steel plant at Paradip; based on all weather port, SEZ status as well as Finex process for production process. On the other hand, MSIL had shown a total requirement of 8,750 acres, including 4, 469.79 acres of Government land, for their 12 million ton proposed steel complex at Patna in Keonjhar district. Dastur and Co is yet to submit the post- DPR.

Former Wing Commander Kiran Sankar Behera and Sudershan Pattnaik of KCF pointed out the contrast between the land requirements shown by Essar, JSPL, Sterlite (Vedanta Group) and Uttam Galva for their proposed steel complexes at Paradip, Angul and Sadar Sub-division of Keonjhar district and that of Posco.

For instance, Uttam Galva Steel Limited (UGSL) had shown a land requirement of 2,130 acres for their 3-million-tonne projects like Vedanta, Essar and Jindal whose complexes are to come up at Keonjhar, Paradip and Angul.

Meanwhile, Chief Secretary Ajit Tripathy asked the MSIL Group to release their land requirement.

Meanwhile, unconfirmed sources informed that Dastur and Co had submitted a detailed tech-economic feasibility study, in which the exact requirements of land for steel, sponge and pig iron per metric tonne were clearly mentioned, in accordance with the standards fixed by the State Government, a few months back.

Observers maintained that in the present day production process employs high technology, mostly latest Chinese technology. For cost-effective and qualitative management, the best option is to have very less amount of land for keeping daily inventory and for waste disposal at the proposed site. This will prove time friendly for both the State and the companies.

Arcelor-Mittal is saying the right things; POSCO should learn from them.

Arcelor Mittal, Steel Comments Off on Arcelor-Mittal is saying the right things; POSCO should learn from them.

Following is an excerpt from a report in Economic Times.

Global steel leader Arcelor-Mittal, which proposes to set up a 12 mtpa plant in Orissa, on Friday said it will harvest rain water and use technology that consumes least quantity of ‘H2O’ to reduce pressure on the natural resource.

"We are consulting international experts in the field on how to meet the challenges ahead", member of Arcelor-Mittal’s group management board Malay Mukherjee told reporters, admitting water was a major problem for industries in Orissa.

… Replying to queries, Mukherjee said the steel major was aware of the recent development where farmers in western Orissa had strongly opposed the government’s decision to supply water from Hirakud reservoir to industries.

"We too do not want to take a farmer’s share of water. Therefore, the company has planned to make its own arrangement in the plant premises", he said, adding that water harvesting was one of the key options the company would like to exercise.

However, a permanent solution would be using technology that requires least water for steel making and research was on for recycling the water in order to minimise the requirement.

Following is an excerpt from a report in New Indian Express.

Expressing satisfaction over the project’s progress, Mukherjee said the detailed project report (DPR) will be completed by June 2008. Though the rehabilitation and resettlement (R&R) package of the company has been finalised, it will be made public after transfer of land.

A high-level team from the company had finalised Patna tehsil as the site of the plant. Out of the 16, land acquisition is going ahead in 15 villages.

The company will soon open district office at Keonjhar. An ITI will be set up to train the youth of the area. Mobile health vans will also be pressed into service, he added.

Progress on the Arcelor-Mittal project

Arcelor Mittal, Coal, Iron Ore, Keonjhar, Steel Comments Off on Progress on the Arcelor-Mittal project

Following is an excerpt from a report in Business Standard on this.

Arcelor-Mittal’s proposed Rs 40,000 crore, 12 million tonne per annum greenfield steel project in Orissa has made headway with the start of the land survey at the proposed site in Patna tehsil in the Keonjher district.

While the company has launched the survey in 16 villages in the area, it has completed the process in four villages. The company has also submitted a land acquisition plan to the state government.

Meanwhile, though the company has finalised a rehabilitation and resettlement (R&R) plan for the project-affected people, it is waiting for the land clearance from the state authorities to submit it to the government.

“We have our R & R proposal ready. Once the state government gives clearance of land, we will submit the proposal”, said Malay Mukherjee, member, group management board, Arcelor-Mittal.

Talking to mediapersons after a meeting on the progress of the project chaired by Chief Secretary Ajit Kumar Tripathy, Mukherjee said about 70% of the detailed project report (DPR) work for the Keonjhar plant is complete. The report is expected to be finalised by June 2008, he added.

M N Dastur & Company is preparing the DPR. The scope of the DPR, among other things, includes captive mining facilities, captive power supply, water supply and other infrastructure facilities like effluent disposal, environment and township for the company?s employees. …

While the company has got a coal block along with five other companies in Rampia and dipside Rampia, it is exploring the possibility of forging partnership with a mining company to source iron ore till it is allotted captive mines. It has recently applied for a joint partnership with the state- owned Orissa Mining Corporation (OMC) in this regard. …

While the total reserves in Rampia and dipside Rampia is estimated at about 600 million tonne, Arcelor-Mittal is expected to get about 85 million tonne.

Mukherjee said a 10-member team of Arcelor-Mittal is now finalising the technical specifications of the steel plant.

Mittal considering giving land and equity as part of its R & R

Arcelor Mittal, Coal, Iron Ore, Keonjhar, Land acquisition, Power Generation, R & R, Steel, Thermal Comments Off on Mittal considering giving land and equity as part of its R & R

Following is an excerpt from a report in Business Standard.

Mittal Steel India, which is in the process of readying its rehabilitation and resettlement (R&R) package for its 12 million tonne Orissa project, will consider issue of shares and land-for-land as part of its compensation to land-losers.

Sanak Mishra, chief executive officer, Mittal Steel India said, “The Orissa government’s R&R policy includes issue of shares as a means of compensation and if the people want it, we will do it. But that will happen at the implementation stage and we have to see the legal standpoint and the mechanism.”

Mittal Steel hopes to finalise the draft R&R package and make presentations to the Orissa government by month end. “If the Orissa government wants to incorporate something, we will look into it.”

The state government’s policy mentions convertible preference share as a compensation option. It says that at the option of the displaced family and subject to the provisions of relevant laws in force, the project authority could issue convertible preference shares or secured bonds up to a maximum of 50 per cent out of one-time cash assistance.

“There were also other physical issues being considered like alternative land for the displaced people. We will, however, have to assess how much land is required,” said Mishra.

… After finalising the scheme in consultation with the state government, Mittal Steel plans to embark on a communication programme with the land-losers.

The project site is a mix of government and private land. The 12 million steel plant at
Keonjhar would require around 8,000 acres, which includes 1,000 acres for the captive power plant and 1,000 acres for the township.

Mittal Steel is also in dialogue with the Orissa for iron ore mines. Various options are being explored, including arrangement with the Orissa Mining Corporation (OMC), a state-owned mining corporation.

“Talks are at an exploratory stage and it was too premature to talk about it. An arrangement with OMC could enable Mittal Steel to go through captive iron ore mine allocation process, which was one of the stumbling blocks for the company’s Jharkhand project,” Mishra added. Mittal Steel requires around 600 million tonnes of iron ore over a 30-year period for its steel plant.

Mittals would like to tie up with Orissa Mining Corp. : TOI

Arcelor Mittal, Iron Ore, Keonjhar, OMC, Steel Comments Off on Mittals would like to tie up with Orissa Mining Corp. : TOI

Following is an excerpt from a report in Times of India about this.

… “We have received a proposal from Arcelor-Mittal, requesting for an arrangement with OMC,” confirmed a senior officer. “The government is exploring the possibilities and details remain to be worked out. It could mean a long term agreement or a joint venture between the two parties,” the officer told TOI. The government, sources said, has set up a four-member committee headed by chief secretary to examine the proposal’s feasibility and chalk out the draft terms and conditions.

Sources said Arcelor-Mittal is yet to submit any application for prospecting lease or mining lease for any iron ore deposits, but evidently does not want to take chances. Hence, it has proposed a tie-up with the state-owned body to serve as a back-up. “The company would no doubt go for captive mines. The pact with OMC would ensure an alternative raw material arrangement for the company’s project,” sources pointed out. Orissa has so far inked pacts for 46 steel facilities, sparking doubts over iron ore scarcity in future.

Arcelor-Mittal, which has signed an MoU with the state government to set up a 12 MTPA steel plant at an investment of Rs 40,000 crore, is the first major player to make this kind of a proposal. Some small steel units had earlier sought to enter into raw material supply agreements with OMC, apparently to ensure a steady flow of iron ore and offset price fluctuations. Some steel plants, which have reached production stage, are buying ore from the market at higher prices, sources disclosed.

Land for Arcelor-Mittal earmarked

Arcelor Mittal, Keonjhar, R & R, Steel, Thermal Comments Off on Land for Arcelor-Mittal earmarked

Following is an excerpt from a Reuters report.

Officials in Orissa said on Thursday they had earmarked 7,000 acres of government and private land for a steel project proposed by Arcelor Mittal.

Last December, Arcelor Mittal, the world’s biggest steel maker, signed a multi-billion deal with the state government to build the 12 million tonne plant, and is also planning a similar sized steel unit in Jharkhand.

“We have cleared 7,000 acres of land for the steel project and captive power plant so that they can start work (aquiring land),” Orissa’s Industry Secretary Ashok Dalwai told Reuters.

He said most of the land was owned by the state but Arcelor Mittal would have to purchase some from farmers, a potentially controversial process the Orissa government would facilitate.

Hundreds of families are living on the state-owned land and would have to be moved.

The company still has to tie up a mining lease.

… The Arcelor Mittal project also includes a 750 MW power plant. The company had asked for 1,000 acres (400 hectares) on which to build homes for workers, in addition to 7,000 acres for the steel plant itself.

Supporters say the project would provide jobs for 5,500 people directly and another 15,000 indirectly.

In July, Arcelor Mittal Chief Executive Lakshmi Mittal had said that a detailed project report would be ready by mid-2008 and the first phase of the plant would be commissioned within four years of the report’s completion.

State officials said on Thursday the project would only get formal clearance once that report had been submitted.

What is Arcelor-Mittal up to?

Arcelor Mittal, Coal, Iron Ore, Steel, Thermal Comments Off on What is Arcelor-Mittal up to?

From Arcelor-Mittal’s actions I get the feeling that they are trying to bully the Orissa government. In comparison, Vedanta has been accommodative in its land requirements for the university. But may be the bullying strategy would work for them. However, they got to be careful; if local people get more mad, and the government gets fed up with their bullying then the whole thing may fall apart.

20070904a_001101013-mittal.jpg

Tathya.in gives a map of the proposed location for the Arcelor-Mittal plant in Patna, Keonjhar

Arcelor Mittal, Baitarani River, Coal, Keonjhar, Steel, Thermal, WATER MANAGEMENT Comments Off on Tathya.in gives a map of the proposed location for the Arcelor-Mittal plant in Patna, Keonjhar

See http://tathya.in/story.asp?sno=1185.

 

In the following wikimapia map the location is either to the right or left of the spot labeled as "Patna."

Arcelor-Mittal plans to speed-up its plan in Orissa

Arcelor Mittal, Iron Ore, Keonjhar, Steel Comments Off on Arcelor-Mittal plans to speed-up its plan in Orissa

Hindustan Times and others report on this. Following are some excerpts from the Hindustan Times report.

Steel baron Lakshmi Mittal’s global giant Arcelor Mittal is planning to advance the construction at its 10 million tonnes (MT) Orissa plant and hopes to begin initial construction by mid-2008, as against the earlier date of 2009. …

The first phase of Arcelor Mittal’s plant in Orissa, with a capacity of six million tonnes, is likely to be commissioned by 2011.

The company has appointed Dastur & Co to carry out a detailed project report and environment management plan for the two sites, which are currently underway. Chief Executive Officer of Mittal Steel India Ltd, Sanak Mishra, said that major construction work in the site will be taken up in 2009 and the company has finalised the product mix of the proposed plant for both long and flat products.

Work on Orissa project may start by 2008: Mittal

Arcelor Mittal, INVESTMENTS and INVESTMENT PLANS, Iron Ore, KBK Plus district cluster, Keonjhar, Steel Comments Off on Work on Orissa project may start by 2008: Mittal

Economic times reports that Mittal is more postive of the progress in Orissa for it’s steel plant.

Excerpts”

BHUBANESWAR: Arcelor-Mittal group CEO L N Mittal expressed his preference for the company’s proposed mega steel plant in Orissa over the one planned in Jharkhand, even as the Orissa government committed itself to provide requisite land and raw material for the greenfield project.If things go as planned, Mittal even indicated to CM Naveen Patnaik and senior government functionaries that the world’s largest steel company is keen to start leg work in January 2008.

“We are very happy with the pace of progress in Orissa. We would certainly prefer Orissa to Jharkhand considering the progress,” Mittal said, emerging from a 150-minute meeting with the CM and his team.

“We are all working hard towards starting the project as fast as possible,” he told reporters, without mentioning any deadline. The steel moghul said he was “very happy” with the way things have moved ever since the company signed an MoU with the state government in December 2006 for a 12 million tonne per annum steel plant in Keonjhar district.

“The Dastur co is preparing the detailed project report and it should be ready by mid-2008,” he said.

On the mines linkage, Mittal, who was accompanied by his son Aditya and Mittal-India CEO Sanak Mishra, said after the “very detailed discussions” with the CM, he was “very confident” about getting required access to mines. He added that he was “very optimistic” about effectively tackling rehabilitation and resettlement issues.

According to official sources, the steel monarch requested the state government to acquire at least a part of the 8,000-acre land earmarked for the project, especially the encroachment-free government land, so that the company could begin some “work on the ground early next year”. Mittal, the sources said, sought to know about the mining linkage and the government assured him full support without committing any specific mines.

Ram Vilas Paswan assures POSCO and Arcelor-Mittal

Arcelor Mittal, Coal, Iron Ore, Paradip - Jatadhari - Kujanga, POSCO, Steel Comments Off on Ram Vilas Paswan assures POSCO and Arcelor-Mittal

In the last two days couple of press releases have come out from the Minister of Steel, Chemicals and Fertilizers, Mr. Ram Vilas Paswan. The first one assures POSCO of all help and the second one assures Laxmi Mittal about his support for ore linkages for his proposed steel plants in Jharkhand and Orissa.

Arcelor-Mittal project in Orissa on schedule

Arcelor Mittal, Keonjhar, Steel 1 Comment »

Zee news reports that Arcelor-Mittal’s project in Orissa on schedule. Following is an excerpt from that report.

Announcing that the company has already acquired space at the fortune tower for opening its Orissa office, the CEO said that the Dasturco would prepare reports for its steel mill, rehabilitation colony and an environment management plan (EMP).

“Since the Orissa government has been pressing for an EMP, we have also asked the Dasturco to look into this aspect”, Mishra said, adding that the company would proceed further after getting the reports.

Sources said the company expected the DPR from Dasturco within the next 12-18 months. Mittal Steel had signed an MoU with the Orissa government in December 2006.

The world’s number one steel company plans to set up its 12-mtpa steel unit in two phases. It has sought 8,000 acre of land in Keonjhar district to house its steel plant, a 7,500 mw captive power plant and a township.

Arcelor-Mittal’s DPR to be made by Dastur

Arcelor Mittal, Iron Ore, Keonjhar, Steel 1 Comment »

Times of India reports that Arcelor-Mittal has hired M. N. Dastur to prepare the detailed project report of its proposed plant in Patna area of the Keonjhar district. Following are some excerpts of that article.

The world’s largest steelmaker Arcelor-Mittal has roped in M N Dastur and Company (P) Ltd (Dasturco) to prepare the detailed project report (DPR) for its proposed Rs 40,000 crore steel facility in Orissa’s Keonjhar district. …

The Arcelor-Mittal group, which signed an MoU with the state government for a greenfield steel plant in December, 2006, plans to have its DPR in place within the next 12 to 18 months, sources said.

Dasturco, a five-decade old leading engineering consultancy and design company, has well-known expertise in project planning and appraisal, economic evaluation, design and detailed engineering, project management, supervision of construction and erection and et al and this helped the company bag the deal, sources added.

Samaja Editorial page article : POSCO-TISCO-N-MITTAL – If not now, never

Arcelor Mittal, Balasore, Bhadrakh, Bhadrakh-Dhamara, Bhubaneswar- Cuttack- Puri, Bhubaneswar-Berhampur, Bhubaneswar-Paradip, Cuttack, INVESTMENTS and INVESTMENT PLANS, Jagatsinghpur, Jajpur, Jajpur Rd- Vyasanagar- Duburi- Kalinganagar, Kendrapada, Keonjhar, Khordha, MINES and MINERALS, Ports and waterways, POSCO, Puri, Railways, Roads, highways and Bus stands, Steel, Tatas, TRANSPORT AND COMMUNICATION Comments Off on Samaja Editorial page article : POSCO-TISCO-N-MITTAL – If not now, never

Samaja has a beautiful editorial page article by Ramachandra Pattanayak. In it the the author explains that if we continue opposing Posco, Tisco and Mittal what will happen is that steel plants will be made in other states, our mines will be assigned by the central government to these steel plants in other states and we will lose out on many fronts including infrastructure development that comes with steel plants, ancillaries, etc. Similarly, he says it does not make sense that we are so vocal about IIT etc. and yet we oppose Vedanta University.

I agree with the author. The assignment of mines is not fully under state govt. control. We can not sit on requests and delay assigning mines. If we do that currently the central govt. has the right to assign the mines to others. Losing out on the mines, we lose out on the related infrastructure developments such as townships, railways, roads, and to some degree ports. We also lose out on the ancillaries. In this regard one may note cities with big steel plants such as Rourkela or Jamshedpur. They all have lots of ancillary units around that area. So even if the main steel plant does not employ as many people as in the past, there are more opportunities for ancillaries these days as the state is keen on going after auto factories, bicycle factories etc. These ancillaries will hire a lot of people. But, of course, we should not force people out of their land; they should be enticed with good compensation (R&R). On the other hand we need to be very careful and wary of some of the neighboring states who are trying to spread their ideology to our state and in the process trying to steal some of these upcoming developments in Orissa. In this regard it is amazing that politicians and MPs from a neighboring state are able to come to Orissa and say that their party opposes such and such project in Orissa. At the same time the party of these politicians support industry in their state so much that they or their allies have sent in cadres dressed up as policemen to kill and rape people opposed to industrialization in their state. What gull these politicians from the neighboring state have and how stupid we Oriyas are to invite them, give them a platform and listen to them.

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.