Archive for the 'NEWS SOURCE' Category

Vedanta’s plan for Orissa

Aluminium, Anil Agarwal, Bauxite, Corporate Social Responsibility (CSR), Jharsugurha, Jharsugurha- Brajarajnagar- Belpahar, Marquee Institutions: existing and upcoming, Medical, nursing and pharmacy colleges, Puri, Tathya.in, Thermal, Universities: existing and upcoming No Comments »

Following is an excerpt from a report in tathya.in.

… Mr.Agarwal impressed upon the Chief Minister that his group is eager to expand the .50 million ton smelter in Jharsuguda to a 1.6 million ton per annum (MTPA)

Naveen Patnaik, asked the Chief Secretary to look into the matter finalize the expansion program, said sources. 

Mr.Agarwal updated the Chief Minister about the status of Vedanta’s ongoing projects in the state here on 3 January..

The Alumina Project at Lanjigarh, Smelter and Power Projects at Jharsuguda and the University project at Puri is being implemented by the Vedanta group.

On Corporate Social Responsibility (CSR) front, adoption of 400 anganwadis, providing education for 14000 children at Kalahandi are being implemented, briefed Mr.Agarwal.

Mr. Agarwal agreed to extend the coverage to 40000 children and agreed to introduce the Mid Day Meal scheme for 30000 primary and the secondary level school student in the state through Nandi and Sterlite Foundation as the Chief Minister requested him.

He also announced a 100 bedded state-of-the-art multi-speciality hospital at Jharsuguda will provide medical facility to the local people.

Chairman Vedanta group reiterated his earlier commitment to build a 1000 bedded super-specialty hospital at Puri.

It was also informed that the design and the engineering has been completed and construction is to begin soon.

In addition Mr Agarwal put forth his plans of setting up of a downstream Aluminium Park in collaboration with the government to promote as many as 600 small and medium scale industries at Jharsuguda

The project will generate large scale employment opportunities and additional economic activities in the region.

Currently the Vedanta Group’s investment commitments are in excess of Rs 50,000 crores, half of which has already been invested in various projects of Orissa.

Vedanta is presently generating a huge number of direct and indirect employment for approximately 25000 people, eighty percent of which belong to the state of Orissa.

After the meeting the CM, Mr Agarwal told reporters that all the ongoing projects of Vedanta would continue as per schedule in spite of the recent global recession.

He also assured that in his personal capacity he would make all possible efforts to complete the Vedanta University Project, a world class University at par with the Havard and Stanford University of U,S.A.

He has already committed personal contribution of Rs 5000 crore towards this project.

State funding to develop Puri as part of a mega tourist circuit

Bhubaneswar- Cuttack- Puri, Chilika, Circuit: Bhubaneswar-Chilika-Puri, New Indian Express, Indian Express, Financial express, Puri, Puri No Comments »

Following is an excerpt from a report in expressbuzz.

The State Government today decided to develop Puri as a mega tourism circuit with an investment of Rs 50 crore.

An outlay of Rs 30 crore will be made in the next budget for the project that includes improvement of Badadanda (grand road), beautification of Puri town and sea beach, dynamic lighting system of Jagannath temple and Gundicha temple, development of parks and parking lots and construction of a tourist complex.

The high-level meeting chaired by Chief Minister Naveen Patnaik also decided to give a facelift to the peripheral areas of Puri, a major tourist attraction.

At Satapada, a sunset viewpoint and a park will be developed. There will be tourist jetty at Sipaguda and Rajahansa, official sources said. Plans are afoot to paint the buildings lined up on both sides of the Badadanda with a unique colour to give an added attraction to the Puri town. This will be done in consultation with various stakeholders.

While additional parking places for vehicles will be created in various parts of the city, arrangements will be made to ease out traffic during festivals like Rath Yatra. There will be three interchanging nodes within the town to evacuate traffic. It has been proposed to set up a multi-media museum called Srikhetra Sankrutika Sangrahalay. Vending zones will be set up on the sea beach to keep it clean and free from pollution.

Special board and lodging arrangements will be made for tourists. A few tourist complexes will be developed in various locations.

It has been estimated that about 34 lakh out of 52 lakh tourists coming to the State every year visit Puri.

 

Why so many want to establish ports in Orissa? Sambada asks

Ports and waterways, Sambada (in Oriya) No Comments »

Sambada raises interesting queries regarding why so many companies are interested in making ports in Orissa and what kind of goods will pass through those ports. A partial answer is that the ports are not only for meant for Orissa but also for landlocked mineral rich neighboring states such as Chhatisgarh and Jharkhand. Also, when one looks at the number of ports in Gujarat, the number of ports coming up in Orissa does not seem that excessive. Nevertheless, the Orissa govt. must be careful to make sure it is not being taken for a ride by a company.

Nine projects approved by the Single Window Committee

Dhenkanal, Jindal, Keonjhar, New Indian Express, Indian Express, Financial express, Ore pelletisation, Puri, Single Window Clearance, Steel, Thermal, Titanium No Comments »

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

The State-level single window clearance authority (SWCA) today gave approval to nine project proposals worth over Rs 13,000 crore.

The Ashapura Minechem Limited, the largest multi-mineral solution provider in the country and the flagship of Ashapura Group, has evinced interest to set up mineral separation plant in Puri district with an investment of Rs 910 crore. The plant will separate minerals from beach sand and it will produce titanium dioxide, widely used in paints. The project will create employment opportunities for 300 persons, Industries Secretary Ashok Dalwai told mediapersons.

The other new proposal cleared by the SWCA was a 1.2 million tonnes iron ore beneficiation and pelletisation plant by Jaiswal Nicco Industries at Harmote near Barbil in Keonjhar district. The company planned to invest Rs 452 crore and the proposed project would generate employment opportunities to 500 persons.

The proposal of Jindal Steel and Power Limited (JSPL) for capacity addition to its existing steel plant from two million tonnes to six million tonne was also approved. The steel production of the plant will be 3 million tonne through DRI (sponge iron) route and another 3 million tonnes through blast furnace route. The company has also proposed to increase the capacity of its thermal power plant from 900 mega watt to 1080 MW. The total investment of the company will increase from Rs 13,135 crore to Rs 22,440 crore.

The authority also cleared the expansion plan of International Mineral Trading Company having a pelletisation plant at Barbil in Keonjhar district. The company proposed to set up an iron ore beneficiation plant of 1.5 million tonne capacity with an investment of Rs 175 crore.

The BRG Iron and Steel Company at Khurunti in Dhenkanal district proposed to increase its steel production capacity from 0.257 MTA to 1.2 MTA with an investment of Rs 960 crore. The project has received environmental clearance.

Shree Metallics also proposed to increase its steel plant capacity from 0.25 MTA to 0.98 MTA with an investment of Rs 709 crore. The other expansion projects include Grewal Associates sponge iron plant at Barbil to 0.25 MTA steel plant and a 15 MW power plant, Dinabandhu Steel and Power for a 0.26 MTA steel plant with 25 MW power plant and Ganesh Metallics for 0.25 MTA steel plant with 16 MW captive power plant.

Orissa getting no tax from Bhushan Steel operations In Kantabania, Dhenkanal: Samaja

Bhushan Steel Ltd., Dhenkanal, Samaja (in Oriya), Steel, Taxes No Comments »

There are at least two Bhushan companies. This article is about Bhushan steel Ltd.The other company is Bhushan Power and Steel.

RSB Metaltech signs MOU with Orissa

Aluminium, Bauxite, Dhenkanal, INVESTMENTS and INVESTMENT PLANS, Rayagada, Rayagada- Therubali, Statesman, Telegraph, Thermal No Comments »

Following is an excerpt from a report in the Statesman.

The state government today inked an MoU with RSB Metaltech for setting up of an integrated light metal aluminum complex. The papers were signed by state industries and mines secretary Dr Ashok Dalwai and RSB Metaltech MD Mr SK Behera

In the first phase, the proposed company, with an investment of around Rs 6,800 crore, will produce about 7 lakh tonnes per of alumina. In the second phase, nearly 1.75 lakh tonnes of aluminium is expected to be produced from the plant. The produced aluminium will be used for production of finer parts in motor vehicles, aerospace, railway and construction industry.

While the mining and refinery units of the project will come up a Rayagada, the smelter unit and power plant are proposed to be set up at Kamakshyanagar in Dhenkanal.

Chief minister Mr Naveen Patnaik said that the project will generate about 11,000 direct and the equal number of indirect jobs. "This project, along with its alumina refinery at Rayagada and Gopalpur port will form an industrial corridor in southern Orissa," Mr Patnaik said adding that the corridor will help fast development, alleviation of poverty and improvement of life of the local people in that region. He suggested that provisions should be made to provide technical education to local youths. "The rehabilitation, resettlement and environment aspect should be taken proper care of," he pointed out.

The Union minister has been requited to expedite and complete the "Therubali-Gunupur railway project to enhance the connectivity in that region," he informed.

I wonder about the progress of the earlier plan of establishing an auto component manufacturing plant near Cuttack by RSB Transmission. (See  http://www.orissalinks.com/orissagrowth/archives/421.)

TCS Software development center to be inaugurated on January 5

Bhubaneswar- Cuttack- Puri, Business Standard, Khordha, TCS, Tatas, WIPRO No Comments »

Following is an excerpt from a report in Business Standard.

… the proposed software development centre of IT major Tata Consultancy Services (TCS) will be inaugurated on January 5 next year. The first tower of TCS which will be inaugurated in the city’s Infocity campus will have a capacity to accommodate around 1,500 employees.

“… Wipro’s second campus in the city is also scheduled to be inaugurated within a month”, said Vishal Dev, director, IT department of the Orissa government at an International Conference on IT, held at the Xavier Institute of Management.

TCS is developing its software centre in the city on a 54-acre plot in the Infocity campus. While the first tower of TCS is scheduled to be inaugurated early next month, the company is expected to add two to three towers within three months.

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.

PPP projects in pipeline

Balasore, Bhadrakh, Bhubaneswar-Puri, Business Standard, Ganjam, Jagatsinghpur, Khordha, PPP, Puri No Comments »

Following is excerpted from a report in Business Standard.

Thirty six important projects worth Rs 19,800 crore are being implemented by the Orissa government under the public-private-partnership (PPP) mode.

These projects are in the field of new ports, roads, integrated commercial complex, ITIs, tourism projects, integrated residential complex, bus terminals, info park and multi product SEZs among others.

… the important projects taken up for development in PPP mode include

  • Rs 3500 crore Shamuka Beach Project
  • Rs 562 crore Bhubaneswar-Puri road
  • Rs 304 crore Capital Region Ring Road project
  • Rs 493 crore integrated residential township at Suango and Ranasinghapur
  • International Convention Centre at Bhubaneswar (Rs 480 crore)
  • Rs 2469 crore Dhamra port and Rs 1700 crore Gopalpur port
  • Rs 594.34 crore Haridaspur-Paradeep broad gauge rail link
  • Rs 2000 crore Kirtania port
  • Rs 712 crore multi-product SEZ at Paradip are being set up in the PPP mode.

…, the Empowered Committee on Infrastructure (ECI) has cleared

  • the proposal for appointment of consultant to prepare the detailed project report (DPR) for the Capital Region Ring Road Project (CRRR)
  • the proposal for the feasibility study of the Bhubaneswar-Paradip road with revised concept.
  • the issue of Request for Proposal (RFP) for setting up 4/5 five star hotels in the Shamuka Beach near Puri; 11 firms are shortlisted after the Request for Qualification (RFQ)
  • the 4 -laning of Sambalpur-Rourkela road to seek the Viability Gap Funding (VGF) assistance from the department of economic affairs (DEA).

The proposal for developing an integrated residential township at Suanga and Ranasinghapur near Bhubaneswar has been placed before the government for approval. 

The other on-going projects include

  • Rs 68 crore Palasapanga- Bamberi road,
  • Gopalpur port,
  • Dhamra Port,
  • Rs 480 crore international convention centre at Bhubaneswar,
  • Rs 146 crore IT and Corporate Tower (Bhubaneswar),
  • Rs 500 crore Info Park (Bhubaneswar),
  • Rs 35.67 crore Knowledge park,
  • Rs 352 crore SEZ-BPO at Mancheswar,
  • Rs 76 crore Commercial and IT Complex at Rourkela.

HLCA clears more projects

Aluminium, Bhadrakh, Business Standard, Cuttack, Dhamara- Chandbali- Bhitarakanika, Dhenkanal, High Level Committee, Hydro, Solar and other renewable, Jajpur Rd- Vyasanagar- Duburi- Kalinganagar, Jharsugurha- Brajarajnagar- Belpahar, Keonjhar, NALCO, NTPC, Ore pelletisation, Puri, Sambalpur, Sambaplur- Burla- Baragarh- Chipilima, Steel, Thermal 1 Comment »

Following is from a report in Business standard:

The Orissa government today cleared projects worth Rs 1,27, 727 crore in steel, aluminium, power, downstream and ore beneficiation sectors.

The list includes 3 projects in the steel sector, 2 projects in the aluminium sector, 6 projects in the power sector, one downstream unit, and two beneficiation and pelletisation units.

… enhancement of the steel capacity of Jindal Stainless Limited (JSL) from 1.6 million tonne per annum (mtpa) to 3.2 mtpa at Kalinganagr Industrial Complex at an investment of Rs 16,266 crore and enhancement of capacity of Visa Steel in the same location from 0.35 mtpa to 1.5 mtpa at an investment of Rs 4995 crore were approved by HLCA.

The public sector aluminum major Nalco’s proposal to set up a 0.5 mtpa alumina smelter and 1260 mw power plant in two phases (840Mw + 420 Mw) at an investment of Rs 16,345.89 crore was also approved. Though the company preferred to set up the project at Brajarajnagar, the location might change. The company is seeking 275.30 hectares of land for the smelter and 575.7 hectares for the power plant.

Similarly, the proposal of the Navayuga Steels for setting up a 12 mtpa port based steel complex at Astaranga in Puri district at an investment of Rs 34,000 crore was cleared by the HLCA. The project will come up in 4 phases and the government will not commit any raw material linkage to it.

Though the company requires 4000 acres of land, the government will assess the land requirement as per the benchmarking report after the company submits the detailed project report (DPR), the minister added.

The public sector National Thermal Power Corporation (NTPC) was given the green signal to set up a 3200 Mw coal based mega power plant at an investment of Rs19,840 crore near the village Gajamara in Dhenkanal district. It requires about 3000 acres of land for the project and will source water from Mahanadi.

However, Jindal Stainless’ proposal to set up 1000 Mw Independent Power Producer (IPP) at an investment of Rs 4090 crore in the same location did not find favour with HLCA with the committee asking the company to change the site of the project.

Other projects which received the nod of HLCA are Rs 6800 crore investment proposal of RSB Metal-tech for setting up 1.4 mtpa alumina refinery, 0.35 mtpa aluminium smelter and 900 Mw CPP at an investment of Rs 6800 crore, Kalinga Energy’s 1000Mw thermal power project at an investment of Rs 4261 crore at Babuchakuli, Arati Steel’s 500Mw thermal power project at Ghantikhal in Cuttack district, Rs 4994 crore investment proposal of Chambal Infrastructures and Ventures Limited for setting up of 1200Mw thermal power plant at Siaria in Dhenkanal district.

Besides, Hyderabad based Lanco Solar’s 250 Mw fully integrated plant to manufacture crystalline silicon solar cells at an investment of Rs 2800 crore in Dhenkanal district, Bhushan Power and Steel Limited (BPSL)’s downstream and ancillary complex in Sambalpur district at an investment of Rs 1953.87 crore, JSW Steel’s proposal to set up 7 mtpa iron ore beneficiation plant and 5 mtpa pelletisation plant at Kamalang in Sundergarh district at an investment of Rs 1450 crore were through in today’s meeting.

Besides, the proposal of Welspun Orissa Steel to set up a 4.5 mtpa beneficiation plant at Nayagarh in Keonjhar district and 4.4 mtpa pellet plant at Dhamra in Bhadrakh district with an envisaged investment of Rs 1963 crore, the proposal of Astaranga Power Company to set up a 2460 Mw power plant at Astaranga at an estimated cost of Rs 11,200 crore were approved by the HLCA.

However, the decision on the 700 mw (Rs 1007crore) power plant proposal of Ind Bharat Energy, 1320 mw (Rs 5604 crore) power plant proposal of Sahara India Power Corporation and the 1100 Mw (Rs 4810 crore ) power plant proposal of Visaka Thermal were deferred.

Sambada and Samaja are top news papers in Orissa

Samaja (in Oriya), Sambada (in Oriya), THINGS ORISSA N ORIYA 1 Comment »
Top Dailies: Indian Readership Survey 2008 — Round 2
Newspaper Language 2007 R2 2008 R2
The Times Of India Eng 134.8 133.4
Hindustan Times Eng 60.9 63.5
The Hindu Eng 52.5 52.8
The Telegraph Eng 30 29
Deccan Chronicle Eng 30 28
Dainik Jagran Hin 536.1 557.4
Dainik Bhaskar Hin 305.8 338.3
Amar Ujala Hin 282.2 293.8
Hindustan Hin 235.3 266.3
Rajasthan Patrika Hin 131.9 140.0
Asomiya Pratidin Ass 65.9 60.2
Dainik Agradoot Ass 39.8 32.8
Ananda Bazar Patrika Ben 157.5 153.9
Bartaman Ben 87.6 84.0
Gujarat Samachar Guj 84.7 87.4
Sandesh Guj 63.6 65.3
Vijay Karnataka Kan 99.4 92.2
Prajavani Kan 66.4 58.3
Malayala Manorama Mal 129.1 121.8
Mathrubhumi Mal 105.0 97.1
Lokmat Mar 206.6 199.3
Daily Sakal Mar 125.6 116.3
Sambad Ori 51.5 60.6
Samaj Ori 46.4 53.1
Ajit Pun 31.2 30.5
Jag Bani Pun 29.6 29.3
Daily Thanthi Tam 208.8 205.8
Dinakaran Tam 160.8 168.3
Eenadu Tel 142.2 144.1
Andhra Jyothi Tel 56.8 68.1
Inquilab Urd 8.3 8.1
Urdu Times Urd 6.2 4.6
(All figures are in lakhs)

The Oriya papers Sambada and Samaja have presence in the Internet. Samaja has a web-site with limited news and an e-paper site with the full paper. Sambada only has a web-site with limited news.

Vedanta’s 300 crore township project near Jharsuguda to be comparable to RIL’s at Jamnagar

Aluminium, Business Standard, Industrial Township, Jharsugurha, Jharsugurha- Brajarajnagar- Belpahar, Vedanta 1 Comment »

Following is from a report in Business Standard.

In the midst of implementing a $4 billion aluminium project in Orissa, NRI Anil Agarwal-led Vedanta group, has started a Rs 300-crore township project with the support of a Chinese firm to accommodate its over a 1,000 engineers and technical workforce.

Claiming that the project would be comparable if not better than what Mukesh Ambani-led RIL developed at Jamnagar in Gujarat, group company Vedanta Aluminium is importing services of China’s leading architect firm ECADI at a time when reality majors are reeling under a slump.

"We at Vedanta feel it is our duty not only to provide a conducive working atmosphere, but also best living comforts," company’s Director and CEO M Siddiqi said, adding, the township project would be completed by end of next year.

The township project, a concept popularised by PSUs in India, is crucial for the overall aluminium unit, first stage of which has already been commissioned and the second stage is targeted for completion next year, to attract and retain talent in the backward area of Jharsuguda in Orissa.

The Vedanta project envisages providing sophisticated and urban living accommodations and amenities to over 1,400 employees, who are already stationed at Jharsuguda aluminium plant.

The metals and mining major plans to pump in a whopping $4 billion to ramp up the capacity of its aluminium smelter to 1.8 million tonne by 2010.

At present, its operational capacity is 2,50,000 tonne, which would go up to 5,00,000 tonne by March 2009.

For meeting its power requirement, the company has set up a 675 MW power plant, the capacity of which will go up to 1,215 MW post-commissioning of the smelter’s first phase expansion.

Bharat Biotech of Hyderabad selected to develop the Biotech-Pharma-IT Park in Bhubaneswar under PPP

Bhubaneswar- Cuttack- Puri, BioTech, Pharma, IDCO, IT, IT, Back office, BPO, Investment Regions, Khordha, Orissa govt. action, Others, PPP No Comments »

Following is from a report in livemint.

… Bharat Biotech International Ltd, a producer of vaccines and biotherapeutics announced that the Orissa government has selected the company as the developer for its ‘Biotech-Pharma-IT Park’ project under public-private-partnership (PPP) mode.

The proposed industrial park is coming up on a 54.86 acre land located at Mouza-Andharua in Bhubaneswar.
BBIL will promote a Special Purpose Vehicle (SPV) to undertake the integrated industrial park. The project is estimated to cost Rs100 crore and is slated to be complete in eight years, a press release issued here stated.

“Our task is to focus on rapid development of this park by developing core infrastructure and technology to enable establishment of new companies whereby new local entrepreneurs in the biotechnology field will be created,” BBIL Chairman and Managing Director Krishna Ella said in the release.

About 10 acre land, within the park, is earmarked for development of biotechnology incubation centre, which will be funded by Department of Biotechnology, Government of India, for the equipment or instrumentation.

A formal lease-cum-development agreement will be signed between the SPV and Orissa Industrial Infrastructure Development Corporation (IDCO).

The Orissa government and IDCO, in principle, have agreed to provide all the external infrastructure facilities like power supply, water supply among others, the release added.

Integrated Titanium Complex in Chhatrapur

Berhampur- Gopalpur- Chhatrapur, Bhubaneswar-Berhampur, Business Standard, Ganjam, Gopalpur port (under constr.), Multinationals, SEZs, Titanium No Comments »

Following is an excerpt from a news report in Business Standard.

The Orissa government today signed a memorandum of understanding (MoU) with the Titanium Products Private Limited (TPPL), an Indo-Russian joint venture, for setting up of a Rs 2000 crore integrated titanium complex and sector specific special economic zone (SEZ) at Chhatrapur in Ganjam district.

SM Shroff , chairman of TPPL and the state industry secretary, A P Padhi signed the documents in the presence of chief minister, Naveen Patnaik in the state secretariat.

The company will invest about Rs 2000 crore in two phases. While the first phase will cost about Rs 1200 crore, another Rs 800 crore will be invested in the second phase. The first phase will be completed within a period of 24 months and is likely to be commissioned by October 2010. It will produce 1,08,000 tonnes of titanium slag, 68,000 tonnes of high purity pig iron, 40,000 tonnes of di-oxide pigment and 10,000 tonnes of titanium sponge.

TPPL has already entered into an agreement with the Indian Rare Earth Limited (IREL) for the supply of the raw material Ilminite. The company will require about 2 lakh tonnes of Ilminite annually for its project. India will be the fourth country in the world to have smelting technology required for production of titanium. The products will have applications in the field of aircraft engine, power plants, chemical plants, automobile industry as titanium is light and corrosion resistant.

TPPL will develop a sector specific special economic zone (SEZ) at its plant site for which it has received the in-principle approval from the Centre. However, it will require additional land beyond 250 acres acquired for the titanium complex.

The Orissa government has agreed to supply 65 Mw of power and 3 million gallon per day water for the project.

Speaking on the occasion chief minister Naveen Patnaik  … He said, the project is the anchor industry for a sector specific SEZ for establishment of downstream industries in sectors like high quality paint manufacturing, automotive casting, ductile iron casting, sillicon and zircon based products.

Patnaik said, the upcoming port at Gopalpur and the integrated titanium complex are the foundations for an industrial corridor in southern Orissa. These will further be integrated with the aluminium hinterland in Kalahandi, Koraput anfd Raygada. For the purpose, he has requested the railway ministry to take up the Therubali-Gunupur railway connectivity at the earliest.

Stating that establishment of a quality vocational educational institution offering the most modern trades relevant for the industry will be an important initiative in the skill upgradation of the local youth, Patnaik said, TPPL should explore such possibility. Besides, it should develop partnership with the local technical institutions.

Food park proposed in Malipada near Bhubaneswar

Bhubaneswar- Cuttack- Puri, Bhubaneswar-Berhampur, Business Standard, Food processing, Khordha, MSE - medium and small enterprises 1 Comment »

Following is an excerpt from a report in Business Standard.

The Infrastructure Leasing and Financial Services (IL&FS) will prepare a project report for setting up of a mega food park at Malipada near Khurda, about 30 km from Bhubaneswar. It will study the feasibility, plan for infrastructure within the park, formulate promotional and marketing strategies among others. …

The latest initiative of the state government assumes importance as the Union government is encouraging establishment of food processing parks and has already announced a grant of Rs 1500 crore for 30 mega food processing parks in the country by the end of 2008.

Though none of the proposed mega food parks in the country has been notified yet, the state government will send a proposal to the Union ministry on setting up of a food processing in Orissa, said the sources. In case the Union government does not approve the state’s proposal, the state government intends to go on its own to set up a mega food park at Malipada, sources added.

The state government has already identified 80 acres of land at Malipada for this purpose. It will be handed over to the state owned Industrial Infrastructure Development Corporation (Idcol) by the district collector of Khurda and the process will be completed within 45 days.

The Union minister for food processing will be invited by the state government to visit the identified location towards the end of November. Besides, steps will be taken to develop a chain of cold storage between Cuttack and Bhubaneswar.

This was decided at a review meeting on the food processing industries in Orissa chaired by the Development Commissioner (DC) R N Bohidar recently.

As per the Government of India (GoI) scheme, the mega food park need to be built on a minimum area of 100 acres and maximum area of 100 hectares and the grant can be availed in two installments.

Khurda will be a preferred location as it will be closer to the bio-technology park being set up at Andharua near Bhubaneswar which will add synergy to the project.

Sources said, the plans for the development of terminal market or distribution centres at key locations like Choudwar, Berhampur and Sambalpur along with the supply chain of horticulture products in the catchment areas are being worked out by the department of horticulture.

That apart, multi-product cold chain network and the Inland Container Depos (ICDs) at Kalinganagar and Jharsuguda by CONCOR and similar facilities proposed at other places like Rourkela, Bhadrakh and Angul are likely to give a fillip to the sector.

In view of the potential in the food and the agro-processing sector, some sub-sectors have been identified by the state government for development. This includes rice, cashew, spices, mango, marine and fishery, diary and maize.

… According to the official figures, there were 92,417 micro and small enterprises (MSEs) in the state by the end of 2006-07 with an investment of about Rs 2825.16 crore. Out of it, 21,298 units were in the food and allied sector with an investment of Rs 803.78 crore. While the MSE sector accounted for about 5,56,908 employment, out of it the food processing sector engaged 1,10,329 persons.

 

Tangarpada auction: Combining financial and technical bids to determine the winner (Sambada)

Chromite, Mine auction, Mining royalty, Orissa govt. action, Sambada (in Oriya), Supreme Court, Value Addition No Comments »

In http://www.orissalinks.com/orissagrowth/archives/1616 we discussed a report regarding auctioning of minerals. The following article in Sambada illusrtates with numbers that the best way to go would be to decide the winner of the auction based on evaluating the financial and technical bid together and determining which one offers the state the maximum revenue. (Later when time permits I will translate the article into English.)

Status of various Vedanta projects in Orissa

Anil Agarwal, Bhubaneswar- Cuttack- Puri, Business Standard, Jharsugurha, Kalahandi, Khordha 1 Comment »

Following is an excerpt from a report in Business Standard.

The Anil Agarwal-owned Vedanta group has made substantial headway in land acquisition for its three projects in Orissa which entail a combined investment of over Rs 30,000 crore.

The group needed 11,700 acres for its university at Puri, an alumina refinery at Lanjigarh, and its smelter and power project at Bharkhamunda near Jharsuguda. It has already acquired about 7,515 acres.

The total land needed for the Rs 15,000-crore university is 6,000 acres. The company has to date acquired 3,155 acres and taken possession of 2256.49 acres, which includes 385.15 acres of government land and 1871.34 acres of private land.

… Vedanta Aluminium has acquired the 2,000 acres it needed in Lanjigarh in the economically-backward Kalahandi district for its one-million-tonne-per-annum (MTPA), Rs 4,000-crore alumina refinery. Besides, it has got 80 per cent of the 200 acres needed for a rail corridor for the project.

“About 80 per cent of the 200 acres needed for the railway link has been acquired. We hope to complete the process very soon”, said Mukesh Kumar, chief operating officer, Vedanta Aluminium.

In a relief to the company, the Supreme Court recently cleared the diversion of 660.749 hectares of forest land for mining bauxite in Niyamgiri hills in the Kalahandi district.

While the mining plan has been approved by the Indian Bureau of Mines, the company hopes to start operating the mine in the next four-six months. However, it will have to get clearance from the Union Ministry of Environment and Forests.

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

Arcelor Mittal, Barunei, Kendrapada (many interested), Kendrapada, Samaja (in Oriya) No Comments »

Progress on Jindal Steel and power projects

Angul, Anugul- Talcher - Saranga- Nalconagar, Coal, Iron Ore, Jindal, Keonjhar, Pragativadi, Steel, Thermal No Comments »

Following is an excerpt from a report in Pragativadi.

Jindal Steel and Power Ltd is optimistic about commissioning the first phase of the proposed six MTPA steel mill in Orissa’s Angul district by October 2010.

… Briefing newsmen after the meeting, Jindal said that the work for the first phase of the project was progressing well.

The company had already spent Rs 4,000 crore so far for it and has placed an order for equipment for the purpose.

Of its total project cost of Rs 13,135 crore, JSPL had also spent a lot on land, construction, equipment and other activities, he said.

Jindal said JSPL has a small iron ore mine at Tensa in Keonjhar district and is hopeful of getting raw material linkage to its Angul project. 

We have been allotted coal block for the requirement of our captive power plant and the steel plant, he added.

He said that the company apprised the chief minister about the progress and made a presentation before him, while seeking the state government’s help in availing new raw material linkage early.

The JSPL which signed an MoU with the state government for setting up a beneficiation plant at Deojhar in Keonjhar district and the Angul steel plant on November 11, 2005, had progressed well besides tackling local problems, he said.

Supreme court allows bauxite mining by Vedanta/Sterlite

Aluminium, Bauxite, ENVIRONMENT, Kalahandi, Pragativadi, Supreme Court, Vedanta No Comments »

Following is an excerpt from a report in Pragativadi.

The Supreme Court on Friday cleared the decks for Anil Agarwal promoted Vedanta Resources to mine bauxite from the ecologically fragile Niyamgiri hills for its proposed Rs 4,000-crore alumina project at Lanjigarh in Kalahandi district.

Vedanta had sought clearance for diversion of 660.749 hectare of forest land for mining purposes to feed its alumina plant.

The special forest bench comprising Chief Justice K G Balakrishnan, Justices Arijit Pasayat and SH Kapadia allowed Sterlite to go ahead with bauxite mining.

The application of Vedanta is allowed, the Supreme Court bench said in a statement. 

However, it asked the ministry of environment and forest to proceed in accordance with law.

… Vedanta wants to dig open-cast mines in the Niyamgiri hills located in Kalahandi district near its project area. 

Vedanta promoted Sterlite Industries had sought clearance for diversion of 660.749 hectares of forest land for mining purposes to provide required raw material for its plant.

Supreme court comes in favor of POSCO

Iron Ore, Jagatsinghpur, Jatadhari port (POSCO), POSCO, Paradip - Jatadhari - Kujanga, Pragativadi, South Korea, Steel, Supreme Court No Comments »

Following is an excerpt from a report in Pragativadi.

The Supreme Court on Friday permitted South Korean steel major Posco to set up Rs 51,000-crore mega steel plant and captive minor port at Paradip in Jagatsinghpur district.

A special environmental bench headed by Chief Justice K G Balakrishnan allowed Posco India Pvt Ltd, a subsidiary of South Korea-based Posco, to go ahead with its plans.

With this order, the apex court has also cleared forest diversion proposal for the plant site which require 1253.225 hectares of forest land.

The court, while directing the Orissa government to dispose of all the Posco’s applications seeking prospecting licences within four weeks, also asked the state government to send its recommendations to the ministry of environment and forests that would proceed in accordance with law.

The bench also asked the state government to undertake implementation of compensatory afforestation plan under the supervision of a Supreme Court-appointed committee comprising top officials of the state government.

… Posco counsel Mukul Rohtagi contended that the state government-owned Orissa Mining Corporation had agreed to supply uninterrupted iron ore and other minerals for its steel project and had identified mines in the western part of the state, some 300 km away from its project site.

… The company can source raw materials on its own and can buy the same from the open market, he said, adding that the company is not dependent on prospecting licence.

Fundraising for Jatin Das center of Arts In Bhubaneswar

Art Gallery, Arts n crafts, Bhubaneswar- Cuttack- Puri, Circuit: Bhubaneswar-Chilika-Puri, Khordha, Museums, Orissa artists, Sites in and around Bhubaneswar, Statesman, Telegraph No Comments »

Following is an excerpt from a news report in the Telegraph.

Painter Jatin Das’s dream of a museum for traditional and contemporary art in his native Orissa has gone international.

Das was in Washington and New York last week outlining his plans for the J.D. Centre of Art in Bhubaneswar to his American and Indian American fans.

At an interactive evening at the Indian embassy here, hosted by India’s deputy chief of mission Raminder Singh Jassal, with slides of his life’s work, Das said the proposed centre would be the first in India to display both traditional and contemporary art in 14 permanent galleries under one roof.

The Orissa government has allotted an acre of land to the painter, who was born in Mayurbhanj. B.V. Doshi, the famous architect from Ahmedabad and associate of Le Corbusier, has designed the master plan for the ambitious centre.

The painter said he had been dreaming of the project for almost a decade and expected that it would cost Rs 50 crore to make it a reality.

“I have been funding the centre, which has a board and a small staff of six people, with money from my paintings. They are temporarily working out of a house in Bhubaneswar given by the state government,” Das told this correspondent.

But he plans to make international requests for funding and hopes Indian Americans will join in the effort.

When the centre is ready, Das will donate his entire collection of 45 years, including paintings, books and antiquities, to the new venture to be housed in one place.