Indian Oil Corp (IOC) may drag the Odisha government to court for reneging on its promise to give tax concessions to its Rs 34,555 crore Paradip refinery in the state.
Tag: Odisha government
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Coal ministry to allocate alternative block to Odisha
The Coal Ministry has agreed to OdishaĆĀ“s proposal to allocate an alternative coal block to Odisha Thermal Power Corporation Ltd (OPTCL) for its 2,400-MW coal-based power plant proposed near Dhenkanal.
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Over 3,900 villages yet to be electrified in Odisha
The Odisha government has admitted that 3,940 villages and 16,533 small habitations remained to be electrified. A written reply by State Energy Minister Pranab Prakash Das said 3,144 villages under Rajiv Gandhi Grameen Vidyutikaran Yojana and 521 under Deendayal Upadhyaya Gram Jyoti Yojana (DDUGJY) could not be electrified in the 12th plan period.
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Panel to review Odisha-IOC pact
The Odisha Government said a committee has been set up under the Chairmanship of the Secretary of Petroleum and Natural Gas Ministry to review its agreement with Indian Oil Corporation.
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Odisha wants review of MoU with IOCL
Fearing national loss of revenue due to tax concessions given to Paradip refinery of Indian Oil Corporation (IOCL), the Odisha Government has sought review of the MoU with the company.
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Government resolves land dispute with Paradip Port
A 50-year-old land dispute between Odisha government and Paradip Port Trust has been resolved with the government agreeing to alienate nearly 6285.58 acres in favour of the port and retain only 597 acres in four revenue villages within the port limits. Though the state government had handed over the port to the central government in 1965, the formal land transfer could not be effected on technical grounds.
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World Bank, ADB to give $313 mn to cyclone-hit Odisha
To take up restoration and rehabilitation activities in cyclone Phailin hit areas, the World Bank and the Asian Development Bank have assured a financial assistance of $313 million to Odisha government. Representatives of the two international funding agencies met the State Chief Minister Naveen Patnaik in the capital Bhubaneswar on November 13.
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Odisha entrusts Rs 1,293 cr road project to L&T
The Odisha government has entrusted a road project, estimated to cost at Rs 1,293 crore, to L&T Infrastructure Development Projects (L&T IDPL). The contract is awarded on a build-operate-transfer basis. L&T IDPL has sought a grant of Rs 465.30 crore for four-laning of the 161.73 km Sambalpur-Rourkela section of the State highway.
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Odisha to pace up Rs 8,000 cr coal corridor
To expedite implementation of 143-km Angul-Chhendipada-Talcher common coal corridor taken up at an investment of Rs 8,000 crore, the Odisha government has announced the formation of an eight-member committee, headed by the State Principal Secretary (Industries) Parag Gupta.
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Bhubaneswar to get 3 flyovers at Rs 140 cr
To tide over the traffic snarls in Bhubaneswar, the Odisha government has decided to construct three more flyovers at a cost of Rs 140 crore at Housing Board Square, Nalco Square and Damana Square. While the flyover at Housing Board Square would be built at a cost of nearly Rs 74 crore, the overbridges at Nalco Square and Damana would be commissioned at around Rs 66 crore each.