For its special economic zone (SEZ) at Mundra in Gujarat, Adani Ports and Special Economic Zone is seeking additional land from the Union government. Adani Ports has 6,700 hectares of land that is notified and it has asked the government for another 1,800-1,900 hectares of land, the company said.
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The best laid plans
Kandla Special Economic Zone (KASEZ) has come a long way since its inception. Still, although KASEZ has been the pioneer among SEZs, challenges are plenty in growth and development. Janaki Krishnamoorthi traces the journey of the oldest FTZ in India.
Tatas wind power projects
Tata Power is setting up 160 MW wind projects throughout the country. Tata Power already has an installed wind energy generation capacity of 398 MW with projects across Maharashtra, Rajasthan, Gujarat, Tamil Nadu and Karnataka. From wind projects, the company saw its electricity generation rose 43 per cent to 813 million units in the year ended March 2013 from 569 million units in the previous year.
Gujarat to ask for higher share in Central taxes
When the fourteenth Finance Commission visits Gujarat for two-days on October 28 and 29, the State government will demand for higher allocation of Central taxes from the Commission. The State government will submit a memorandum demanding higher allocation of Central taxes to the state.
UltraTech to construct terminal at Mumbai Port
To cut expenditure on logistics, UltraTech Cement is set to build a Rs 100-crore terminal at the Mumbai Port to transport cement from its plants in Gujarat into Mumbai. By doing so, the Aditya Birla Group's company wants to cut logistics costs and go deeper into one of the largest cement markets in India.
Centre okays Rs 1,756 cr worth h’way project in Gujarat
In Gujarat, Rs 1,756 crore worth 209.89 km Gadu-Dwarka section of National Highway-8E road project has been approved by the Cabinet Committee on Economic Affairs (CCEA). The project is to upgrade the highway into four/two laning under the National Highways Development Project (NHDP) Phase IV.
Innovative solutions
Back in the early 1990s, when the other tire companies in India were busy producing highway tires for mass use mostly, the leaders at Balkrishna Industries (BKT) foresaw a unique opportunity in international business and audaciously initiated production in the off-highway segment.
Odisha top investment destination
Latest data released by the Reserve Bank of India (RBI) say that for new projects Odisha has emerged as the hottest investment destination as investor interest in prosperous states such as Maharashtra, Gujarat, Karnataka
AP attracts lion’s share in port investments
Andhra Pradesh has claimed that it has surpassed Gujarat in attracting private investments in the port sector during the first six months of the current fiscal. This was stated by K Pradeep Chandra, the Commissioner for Industrial Promotion, Industry and Commerce Department of the State.
Adani port sets a new record in coal handling in India
Goutam Adani promoted Mundra port has created a national record on coal cargo handling to 151,229 metric tonnes of steam coal in 24 hours from MV Cape Fushen, Large Cape Vessel, carrying steam coal of Indonesian steam coal of Adani Power Limited (APL).