By April 2013, Jindal Steel & Power (JSPL) plans to commission 2 million tonne per annum (mn tpa) greenfield steel plant at Angul, Odisha. The plant is part of the 6 mn tpa integrated steel plant project being developed by the firm in the area. The Naveen Jindal owned company received 970.34 acre of g
FlashNews:
JSW Paints to Acquire Majority Stake in Akzo Nobel India in ₹89.86 Billion Deal
India to Extend Digitalisation of Public Services to the Power Sector with India Energy Stack
Whoever controls Antariksha (outer space) will rule Prithvi (the world)”: Dr. Subba Rao Pavuluri
Electricity futures key to managing power price volatility”: NSE’s Sriram Krishnan
InfraPandit Awards to Honour Doctoral Excellence in Infrastructure
REC Wins Leading CSR and Sustainability Award for Healthcare Support
HAL Set to Enter New Global Space Race with SSLV Contract Win
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Adani reportedly finanlises deal to acquire Dhamra Port
At a recent meeting with L&T Chairman AM Naik and Tata GroupÂ’s new Chairman Cyrus Mistry, Adani Group Chairman Gautam Adani finalised the deal to acquire Dhamra Port Company (DPCL) in Odisha, reports suggest. During the meeting, the terms and conditions of the deal, which involves acquiring stakes of the construction major Larsen & Toubro (L&T) and Tata SteelÂ’s stakes in DPCL, was finalised
Odisha govt puts condition on raw material supply
Reports suggest that Odisha government has made some reservation in maintaining its commitment to supply raw material to steel projects, the memoranda of understanding (MoU) for which are already signed. In the case of existing MoUs, the government may not retain any clause committing grant of or recommendation for grant of Mineral Concession, a guid
Orissa’s solar policy to be framed in two months
A comprehensive solar policy is going to be framed in in Odisha, the State government has decided to this extent to promote solar power generation in a big way. The State Department of Science & Technology, which is finalising the policy has targeted solar power production of 80 mw in three years.
Nalco mulls 1 mn t refinery in Gujarat
Aluminium major Nalco plans to set up a 1 million tonne per annum capacity alumina refinery in Gujarat at an investment of Rs 4,500 crore. The company is in the process of preparing a Detailed Project Report (DPR) for this purpose.
Odisha govt received less guarantee from port developers
According to a report by the Comptroller & Auditor General (CAG), the Odisha government received less performance guarantee from minor port developers than that prescribed by the model concession agreement. For example, the developer of Astaranga port agreed to pay only 1 per cent performance guarantee as agai
Nod to Rs 5,652 cr road projects in Bihar,J’khand, Odisha
Two highway projects for widening of roads in Bihar, Jharkhand and Odisha have been approved by the Union government at an expenditure of Rs 5,652.03 crore. The projects approved by the Cabinet Committee on Economic Affairs (CCEA) included Rs 2,015.60 crore scheme for widening of Patna-Gaya-Dobhi section in Bihar and Rs 3636.43 crore project for Baharagora-Sambalpur stretch in Odisha and Jharkhand, an official statement said.
State govt asked to cancel port projects
The opposition party in Odisha wants the state government to cancel all the agreements signed between the state and different private sector companies for the implementation of the port projects. The demand comes following the tabling of a report by the Comptroller and Auditor General (CAG) in the s
Odisha govt takes steps to develop minor ports
Odisha government is taking various steps to develop minor ports in the state. It may be noted that the state government received clearance from the centre for such projects. Consequently, the state government wants to engage Rail India Technical and Economic Services (Rites), which is the engineering and consultancy arm of India
Odisha govt targets Rs 50 bn worth PPP projects
During the 12th Five-year Plan period (2012-17), Odisha government plans to commission Rs 5,000 crore worth PPP (public private partnership) projects. The state government has already operationalised 12 projects while nine are under various stages of construction. These are part of the 54 projects identified by the state government for implementation on the PPP mode