Steel major Posco would have to file a new proposal for setting up its $12-billion steel venture in Odisha if it wants to pursue the project.The company was sounded out at a recent meeting among officials of the Central and state governments
Tag: Odisha
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New Freight policy fails to woo users
Odisha's efforts to rationalise mineral transportation rates may have ended up leaving some industrial units worse off, with more than one of them forced to shut operations.
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Govt moves for execution of National Waterway Project
An office has been opened in Bhubaneswar for the development of National Waterway No 5, in March, 2015 which will coordinate with all the stakeholders, including the State Government.
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Coal auction proceeds to cross Rs.2 lakh crore
Proceeds from the ongoing coal block auctions are likely to cross Rs 2 lakh crore, surpassing CAG´s estimate of Rs 1.86 lakh crore loss on account of the allocation of blocks without auction during the UPA regime.
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Airtel expands 4G network
Bharti Airtel has commissioned Nokia Networks to expand its 4G presence to six new (Mumbai, Kerala, Madhya Pradesh, Odisha, Punjab and West Bengal) circles. The company deployed Nokia Networks´ radio network.
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Power Ministry cancels UMPP bids
The Ministry of Power has decided to cancel the two-year-long bidding process for two ultra mega power plants (UMPPs) in Tamil Nadu and Odisha. The decision comes in the wake of private companies pulling out of the process, with public sector units NTPC and NHPC emerging as the only bidders.
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Odisha launches MSME fund
To promote micro, small and medium industries (MSME) in the state, the Odisha govern¡ment has launched a venture capital fund worth Rs 100 crore.
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L And T bags PowerGrid contract
The Power Transmission & Distribution business of Larsen & Toubro has bagged a contract from the Power Grid Corporation of India for executing 400/220 kV GIS substation at Pandiabil in Odisha
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Bhubaneswar BRTS to follow A´bad
The Odisha government is planning the Bhubaneswar Bus Rapid Transit System (BRTS) in line with the Ahmedabad BRTS.
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The Water Route
Coastal shipping and inland waterways transportation (IWT), the two significant modes of domestic water transportation, both provide fuel and cost savings over road and rail transport. Water as a mode of transportation holds significant importance in an economy