Neelachal Ispat Nigam (NINL) commissioned its Rs 1,650 crore billet-making facility at Kalinganagar in Odisha. The company set up the facility to manufacture billet, which is a value added product compared to pig iron and which gives better sales realisations. NINL, whose main activity is manufacturing of pig iron, said
Tag: Odisha
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Odisha govt awaits report on proposed port project
Commerce and transport Minister of Odisha Subrat Tarai informed that the state government was awaiting a report on the techno-economic feasibility study (TEFS) for the proposed port at Bichitrapur in Balasore district. Sources in the knowhow informed that the threat posed to the nearby Subarnarekha river mouth is a challenge for the proposed captive deep-sea port at Bichit
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FIMI wants govt to encourage investment
Federation of Indian Mineral Industries (FIMI) is an all-India federation registered under the Companies Act, 1956 to promote the interests of mining, mineral processing, metal making and other mineral-based industries
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Cuttack-Chandbali h’way project in Odisha to take off now
Work on the much delayed Cuttack-Chandbali State highway expansion project in Odisha is all set to take off. The road project has been funded by the World Bank. The 106-km long and Rs 800 crore worth highway expansion project mooted in 2006 had failed to make a headway due to land acquisition problems.
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Cargo handling doubles at Dhamra Port
Agency reports indicate that the cargo handling at the Dhamra Port in Odisha doubled during 2012-13 to 10 million tonne (mn t) from over 5 mn t in the previous year. Between April 1, 2012 and March 5, 2013, the port handled 10 mn t cargo. During this period, the port handled over 8 mn t of import cargo -- the highest by any Indian port in only the second year of its operations, repo
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World Bank approves Rs 3.7 bn project
The Rs 373 crore Cuttack-Chandabali Road project, which is one of the biggest road projects to be implemented in Odisha, received approval from the World Bank. For a long time, Odisha government was pursuing the clearance of the road project with the centre and the World Bank
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Tata Steel’s 6 mn tpa project may be operationally beneficial
According to analysts, the proposed 6 mn tpa (million tonnes per annum) steel plant by Tata Steel in Odisha would be operationally beneficial for the company. This is because the proposed plant would have captive iron ore reserves, efficient logistical infrastructure reducing costs and technologically efficient plan
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Centre okays Rs 732 cr h’way widening project in Odisha
For widening of a section of National Highway 200 in Odisha under National Highways Development Project (NHDP) the Union government on March 7 approved a fund of Rs 732 crore. The Cabinet Committee on Economic Affairs has approved the implementation of the development of four laning of Bhuban-Dubari-Chandikhole section of National Highway-200 in Odisha under the NHDP Phase III on Design, Build, Finance Operate and Transfer basis in Build-Operate-Transfer (Toll) mode of delivery, an official stat
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Odisha’s Mahendragiri yet to have all-weather road
In Odisha, the Mahendragiri of Gajapati district is not only a religious place, but also a famous tourist place. However, now it needs proper attention to save the heritage place. Mahendragiri has yet to get an all weather road. Earlier, the Andhra Pradesh Government included Mahendragiri hills in Gajapati district in the official website of the Andhra Pradesh Tourism Development Corporation (APTDC) portal.
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Posco expects to ready steel project in 5 years
Media reports quoted a senior executive of Posco India as saying that the company needs at least two years for fencing and land preparation for its proposed 8 mn tpa steel project and subsequently the first stage construction of the project needs three years. So, the company expects to begin production at the mega steel plant near Paradip in Odisha's Jagatsinghpur dist