Aluminium major Nalco plans to set up a 1 million tonne per annum capacity alumina refinery in Gujarat at an investment of Rs 4,500 crore. The company is in the process of preparing a Detailed Project Report (DPR) for this purpose.
Tag: Andhra Pradesh
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VSP’s sales may suffer due to power shortage
TK Chand, director (commercial), of Visakhapatnam Steel Plant (VSP) informed that the shutdown of many steel rolling mills in Andhra Pradesh would affect the sale of VSP in 2012-13. It is learnt that about two-thirds of the steel rolling mills in the state are shut while production in the remaining mills dropped by more than 50 per cent because of acute powe
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AP seeks single window clearance for port projects
Andhra Pradesh minister for ports Ganta Srinivasa Rao urged the centre to provide a single window clearance from the ministry of environment and forests for port expansion projects. He said this during the 14th Maritime State Development Council (MSDC) meeting in Mumbai. During the meeting, Rao called for relaxing the condition that a port has to go for public hearing for
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Gangavaram Port works on expansion plan
Gangavaram Port in Andhra Pradesh is working on its expansion plan to raise its cargo handling capacity from the current 15 million tonne to 45 mn t. The project involves addition of three multi-purpose berths and a coal handling terminal. The port has a
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AP’s 11 State highways to become national highways
In Andhra Pradesh, the Union Ministry for Road Transport and Highways has notified/cleared 11 State roads as national highways spanning a length of 1,817 km. Of this bunch of approvals, five State roads are already notified as national highways and the rest of the six have been now cleared to be taken up as national highways.
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Centre upgrades 6 highways in AP to national highways
Andhra Pradesh Chief Minister N Kiran Kumar Reddy thanked the central government for upgrading six state highways in the state into national highways. The six highways are Naidupeta-Renigunta; Sangareddy-Nanded-Akola; Mydukur-Gooty; Rayachoti-Kurabalakota; Hyderabad-Srisailam-Thokapalle and a stret
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Gujarat to remain a hot-spot for oil & gas sector
The vibrant state of Gujarat has been emerging as a major investment destination for the oil and gas sector due to the state governmentÂ’s sound economic policies.
Over the years, various industries such as power, automobiles, healthcare, gems, jewellery and ports have seen sharp acceleration in their businesses, boosting the stateÂ’s growth at a time when the countryÂ’s economic growth run-rate has been showing a downward curve over the past couple of years.
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Six states agree for discom debt rejig package
For the Union governmentÂ’s debt restructuring plan for State-owned power distribution companies, at least six states have agreed to subscribe. The deadline for States to opt for the package has been extended by three months and would now end on March 31. The three-month period would be used to accommodate agreements by more states and ensure consensus building among stakeholders.
Once accepted by all states, the Rs 1.9-lakh-crore package is expected to bail out financially-stressed distribution
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MP’s plea to Centre to allocate more natural gas to AP
The Centre has been urged to allocate additional gas to run power projects in Andhra Pradesh more efficiently and at higher plant load factor. Harsha Kumar GV Member of Parliament, in a memorandum to the Prime Minister sought higher allocation of natural gas to Andhra Pradesh-based power projects.
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Contracting opportunities for LPG
Market for Liquefied Petroleum Gas (LPG) in India is divided into two parts - industrial & commercial LPG and subsidised domestic LPG. Industrial & Commercial LPG is a more competitive business segment thn the domestic LPG as it has competition between oil marketing companies (OMCs) and parallel marketing companies (PMC).