{"id":1511,"date":"2008-07-19T16:23:24","date_gmt":"2008-07-19T20:23:24","guid":{"rendered":"http:\/\/www.orissalinks.com\/orissagrowth\/?p=1511"},"modified":"2008-07-19T16:23:24","modified_gmt":"2008-07-19T20:23:24","slug":"oil-rig-and-two-cold-rolling-mills-proposal-cleared","status":"publish","type":"post","link":"https:\/\/www.orissalinks.com\/orissagrowth\/archives\/1511","title":{"rendered":"Oil rig and two cold rolling mills proposal cleared"},"content":{"rendered":"<p>Following is an excerpt from a report in Pioneer.<\/p>\n<blockquote><p>Investment proposals worth <span style=\"text-decoration: underline;\">Rs 1,825.61 crore<\/span> were cleared by State-level Single Window Clearance Authority (SLSWCA) here on Saturday.<\/p>\n<p>The SLSWCA meeting, chaired by Chief Secretary Ajit Kumar Tripathy, gave its nod to the <span style=\"text-decoration: underline;\">Rs 900-crore investment project of Oceanic Shipyard Limited (OSL)<\/span> along with <span style=\"text-decoration: underline;\">two cold rolling mills with an investment of Rs 925.61 crore<\/span>.<\/p>\n<p>&#8230; IPICOL managing director Ashok Kumar Meena told the media that OSL, a subsidiary of Bengal Shipyard Limited (BSL), has proposed to set up an oil rig, offshore structure and a support vessels manufacturing and repairing unit at Dhamra in Bhadrak district with an investment of Rs 900 crore. BSL, a joint venture of Apeejay Shipping Limited and Bharati shipyard Limited, is setting up a shipyard at Dhamra with an investment of Rs 2,400 crore.<\/p>\n<p>Meena said the company had asked for <span style=\"text-decoration: underline;\">950 acres of land at Dhamra<\/span> to set up the facility in a period of 60 months in three phases from the date of allotment of land. The project would generate direct <span style=\"text-decoration: underline;\">employment opportunity for 7,500 persons<\/span>. As the net worth of the group is Rs 647 crore in 2006-07, there would be no problem of raising the funds for the greenfield project, added another official.<\/p>\n<p>The proposal of the Bhuvee Profiles &amp; Stainless Limited (BPSL) to set up a 0.790-mtpa hot rolled plates and coil rolling mill with an investment of <span style=\"text-decoration: underline;\">Rs 492.66 crore at Kuranti in Dhenkanal<\/span> district was cleared by the Authority, said Meena.<\/p>\n<p>According to him, a sister concern of the BRG Group, BPSL would be the downstream project of the group. The company has asked for <span style=\"text-decoration: underline;\">90 acres of land<\/span>, though the requirement for the project would be 45 to 50 acres, said an official.<\/p>\n<p>Meena said the proposal of Rabirun Vinimay Private Limited (RVPL) to set up a <span style=\"text-decoration: underline;\">0.240-mtpa cold rolling mill complex at Kuranti with an investment of Rs 432.95 crore<\/span> was also okayed.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Following is an excerpt from a report in Pioneer. Investment proposals worth Rs 1,825.61 crore were cleared by State-level Single Window Clearance Authority (SLSWCA) here on Saturday. The SLSWCA meeting, chaired by Chief Secretary Ajit Kumar Tripathy, gave its nod to the Rs 900-crore investment project of Oceanic Shipyard Limited (OSL) along with two cold [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13,706,588,11,699,707],"tags":[],"class_list":["post-1511","post","type-post","status-publish","format-standard","hentry","category-district-bhadrakh","category-cold-rolling-mills","category-dhamara-chandbali-bhitarakanika","category-district-dhenkanal","category-high-level-committee","category-offshore-oil-rig"],"_links":{"self":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts\/1511","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/comments?post=1511"}],"version-history":[{"count":0,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/posts\/1511\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/media?parent=1511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/categories?post=1511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.orissalinks.com\/orissagrowth\/wp-json\/wp\/v2\/tags?post=1511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}