Hindsight: It has been a challenging year for Tata Steel as our expansion in capacity has coincided with a slowdown in steel-consuming sectors like automotive and construction. However, as we have opened up new market segments like SME and further leveraged our existing customer relationships and distribution network, we have grown at 10 to 12% over last year which is much better than the market.
Tag: Odisha
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Govt gives nod for rail link to Astranga port
The Union government has given its ‘In Principle’ clearance for rail connectivity to port of Astranga in Odisha. This information was given by the Minister of State for Railways Adhir Ranjan Chowdhury in written reply to a question in Lok Sabha on Decembder 12.
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Paradip Port surpasses Visakhapatnam in cargo handling
In cargo handling, Odisha's Paradip Port has gained a lead over Visakhapatnam Port Trust (VPT), Which had a record of handling the largest volume of cargo in the East Coast. Paradip Port has handled an additional five million tonne of cargo in this current year.
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Orissa plans rail corridor for Rampia coal block
The Orissa government will develop rail corridor facility in the Rampia coal block on the lines of the already planned common rail corridor for the Angul-Talcher-Chhendipada belt. The common rail corridor is proposed to be developed with equity participation from Odisha Industrial Infrastructure Development Corporation (Idco) and Mahanadi Coalfields (MCL).
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GAIL, Paradip Port to set up Rs 3,108 cr LNG terminal
For setting up an offshore liquefied natural gas (LNG) terminal at Paradip Port in Odisha, GAIL (India) and Paradip Port Trust have on October 26 signed a memorandum of understanding for an estimated cost of Rs 3,108 crore.
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Adani Ports may buy Dhamra port in Odisha
In Odisha, Adani Ports and Special Economic Zone (APSEZ) has reportedly interested to buy Dhamra Port Co (DPCL), a venture of Larsen and Toubro and Tata Steel, early this year for about Rs 5,000 crore, say media reports quoting sources in the companies mentioned. APSEZ is set to buy Dhamra port after its operator secured environmental and coastal clearances for its second phase of expansion.
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Maoists torch machines at road work site in Odisha
Two JCB machines, two tractors and a motorcycle were torched by by suspected CPI maoists at the construction site of PMGSY road at Miangpadar village, about 30 km from Bhawanipatna in Odisha on October 20. Police seized 10 leaflets and three posters of the Bansadhara, Ghumsura and Nagabali divisions of the CPI(Maoist) from the spot.
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Port in Gopalpur suffers heavy losses
The recent cyclone Phailin has hit a severe blow to the upcoming all-weather port in Gopalpur in Odisha. The port is promised to change the face of this coastal town in southern Odisha, but the Phailin has damaged it a lot.
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Railways, ports resume functioning in Odisha
As the cyclone Phailin has crossed Odisha,
railways and port operations in the state have been resumed in the coastal areas of the state on October 13. East Coast Railways, which resumed most of the train services after a gap of two days, will shortly restart freight loading operations as well.
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Phailin effect: Operations suspended at ports
Due to the cyclone Phailin all operations at Dhamra, Paradip and Gopalpur ports in Odisha were suspended for two days. Since ships also run the risk of damaging the berths, all ports have moved the vessels away.