The Odisha government's State Level Task Force on Steel recommended approval for investment proposals worth over Rs 10,000 crore in the steel sector. In a recent meeting, the task force decided that the investment would be approved by the Single Window Clearance Committee (SWLC) headed by Chief secretary
Tag: Odisha
Post
Post
Raw material security a challenge
While IndiaÂ’s infrastructure investment is likely to provide a boost to steel demand over the long term, there could be challenges to the raw material availability. Iron ore related uncertainties could be sorted out in the medium to long term,
Post
Cheaper import is a matter of concern for Indian manufacturers
For long term sustenance, it is essential that appropriate policy measures be in place for value adders like steel plants for requisite and stable raw material linkage, observes Dilip Oommen, CEO & MD, Essar Steel India,
Post
Turnaround is around the corner
The governmentÂ’s sincere attempts to expedite the project clearance of the stalled projects and participation by the private entrepreneurs in PPP projects in infrastructure would lead to enhancement of steel consumption in 2013-14.
Post
Govt sets up panel for revision of royalty
Some of the mineral rich states like Chhattisgarh, Jharkhand, Karnataka, Odisha, Rajasthan requested to enhance the rates of royalty for major minerals. The government has set up a Study Group on revision of rates of royalty and dead rent for major minerals (other than coal, lignite and sand for stowing) on September 13, 2011. The Study Group has to undertake detailed consultations with all stakeholders. The Study Group is likely to submit its final report shor
Post
Panel revokes green nod for Posco project
South Korean steel major Posco will have to take environmental clearance again for at least some part of its proposed Rs 54,000-crore integrated steel plant in Odisha as the statutory environment panel revoked the existing clearance. The company has been asked by the expert appraisal committee on industry to furnish detailed infor
Post
Odisha CM asks for pacing up of railway projects
While reviewing the progress of different railway projects in the state on April 23 Odisha Chief Minister Naveen Patnaik has directed the State Revenue Department to expedite land acquisition for different railway projects to speed up their completion.Sources said land acquisition for 112 km Khurda-Balangir railway line (Khurda-Begunia-36 km and Begunia-Nayagarh from 36 km to 112 km) have been completed.
Post
Odisha govt to renew MoUs with 7 IPPs
Within the next two months, Odisha government may renew the memoranda of understanding (MoU) signed with seven independent power projects (IPPs) earlier. The state government decided to renew these agreements as they expired recently. Specifically, the state government may renew MoUs with GMR Kamalanga Energy, Jindal India Thermal Power (JITPL), Mon
Post
District officials acquire land for Rs 520 bn steel project
Local government official sources informed that the process of land acquisition for the proposed Rs 52,000 crore Posco steel plant in Odisha's Jagatsinghpur district was continuing peacefully. The district authorities are acquiring land from betel farmers and demolition of betel vines has reportedly reach
Post
Odisha govt to prepare master plan for 106 towns
Director of Town Planning in Odisha Prasant Kumar Patnaik informed that the state government would prepare mater plan for all 106 towns in the state by the end of 2014-15. This would enable the preparation and monitoring of the land use control. Comprehensive Development Plan is also required for town planning and to provide basic infrastructure to