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Tata Steel expects phase I of Kalinganagar project in 2014

Tata Steel expects phase I of Kalinganagar project in 2014

Anand Sen, Vice President, Tata Steel informed reporters that the Kalinganagar integrated greenfield steel plant would begin production in the second half of 2014. The 6 million tonne plant is being constructed in two phases of 3 mn t each, The first phase includes a 3 million tonne steel capacity unit and the common facili

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Bihar govt gives top priority to road construction

Bihar govt gives top priority to road construction

Bihar Deputy Chief Minister Sushil Kumar Modi said on February 3 that a 'Road Maintenance Policy will be ready for construction of new roads and upkeep of existing ones in Bihar. The NDA government in Bihar has been giving top priority to construction of roads and has declared 4,857 km as state highways. Work is in progress on a 387 km stretch, he added.

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Odisha CM unveils bus terminus at Keonjhar

Odisha CM unveils bus terminus at Keonjhar

The Rs 7 crore bus terminus built by Tata Steel at Keonjhar in Odisha was recently inaugurated by the state Chief Minister Naveen Patnaik. The state-of-the-art bus terminus was constructed over an area of 2.7 acre and is designed to accommodate 24 buses inside the bay and has provision for parking of four to six buses

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Nizampatnam Port project found to be unsuitable

Nizampatnam Port project found to be unsuitable

Chinta Visweswara Rao, Chairman of Navayuga Engineering Company (NEC) informed that the proposed Nizampatnam Port project in Andhra Pradesh is not suitable for development as the land earmarked by the government falls within a reserve forest and green belt areas. He informed this to the Central Bureau of Inves

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Adani Group to strengthen presence in port sector

Adani Group to strengthen presence in port sector

Adani Group, which operates Adani Ports in Gujarat, plans to strengthen its presence in the port sector by lining up greenfield projects and also by acquiring some port companies. As part of this strategy, the group is constructing ports in Hazira, coal berths in Mormugao and Vizag and a dry b

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Reports suggest possible rise in steel prices

Reports suggest possible rise in steel prices

Agency reports quoted officials from some public sector steel firms as saying that domestic steel prices may recover going forward because of improving demand and rising global prices. While state-run Rashtriya Ispat Nigam (RINL) is among the few domestic firms that had effected price hikes, Steel Authority of India (SAIL) expects to raise price

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State govts clear Rs 200 bn expressway project

State govts clear Rs 200 bn expressway project

Union Road Transport and Highways Minister CP Joshi informed media persons that Delhi, Punjab and Haryana governments agreed to construct a 357 km Delhi-Ludhiana Expressway at an investment of Rs 20,000 crore. This would be a six-lane expressway between Ludhiana and the national capital and the route map for this would be finalised by next month, the minister

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Steel sector witnesses subdued growth in consumption

Steel sector witnesses subdued growth in consumption

Data from the union steel ministry shows that consumption of finished steel in the country rose a mere 3.9 per cent to 54.8 million tonne (mn t) in Apr-Dec 2012 from 52.7 mn t in the year-ago period. Industry watchers attribute the muted growth in steel consumption to the subdued demand from the end-use