Union steel ministry is reportedly taking steps to expedite big ticket investment projects, which are held up owing to various issues in the steel sector. In Odisha itself, eight projects are stuck because of reasons like lack of statutory clearances, non-availability of raw material linkage and law and order problem during land acquisition
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Odisha govt may make exit clause more stringent
Reports indicate that Odisha government plans to tighten the exit clause for the promoters of non-major ports in the state. According to the revised norms, that is considered by the state government, original promoters of a non-major port must retain at least 51 per cent stake for three years from the date of commencement of com
Odisha’s Gopalpur port is ready for commercial operations
In Odisha, the all-weather Gopalpur port's first trial shipment took place a few days ago. An estimated 7,500 tonne of ilmenite, a sand mineral of Indian Rare Earths, was loaded on to a Chinese ship for shipment to Korea.
The Odisha Government in a Gazette notification has declared the port is ready for commercial operation.
Gujarat leads in completion of port projects
According to a study by the industry body Assocham, Gujarat, Odisha and Maharashtra account for 84 per cent of the total port projects completed during the 11th Plan Period (2007-12).
GPL setting up 2 more berths
Gopalpur Port (GPL) constructed a multi-purpose berth with a cargo handling capacity of 3.50 million tonne and it is in the process of setting up another two berths.
Odisha govt seeks status of end-use plants
The mining department of Odisha government asked the developers of Rampia and Mandakini A coal blocks to submit status of the end-use power plants. The above two blocks are allotted to captive miners who are developing power plants. While Rampia coal block is allotted jointly to Sterlite Energy, GMR Energy, ArcellorMittal India, Lanco Group, Navbharat Power and Relia
Port sector in India faces key challenges
A study conduced by industry body Assocham found that port sector in India faces issues like uncertain relationship between major and minor ports, delay in clearances. Further, there is a debate on bringing minor ports under regulation of Tariff Authority for Major Ports (TAMP). According to Ravindra Sanareddy, Assocham Chairman (southern region), minor ports should be allowed to come up to a certain level, before bringing them
Norms to be relaxed for road developers in Naxal-hit areas
The Union government has decided to relax norms for road developers in extremist-hit states such as Odisha, Jharkhand and Chhattisgarh in view of security threat and slow execution of projects in these areas, an official said. The development follows completion of barely 2,300 km of roads in Left Wing Extremism (LWE) affected areas till date out of proposed 5,477 km till 2012.
GPL to begin full-fledged operation soon
Gopalpur Port (GPL) would begin full-fledged operation within a month after rectification of defects, if any, following the test run, a top official of the port said. Since 2010, the port operation had been stopped for its upgradation to an all weather port. Before 2010, the port, located at Arjeepalli was functioning as a seasonal port
Odisha govt asks NEC to expedite Rs 74 bn project
Odisha government urged Navayuga Engineering Company (NEC) to expedite work on the proposed all-weather port project at Astaranga in Puri district. The company has planned to develop the port at an estimated cost of Rs 7,417 crore, in the first phase, and handle 17.7 million tonne cargo. The state government also directed the concerned officers to accelerate the land acquisition process, both for the