A 2.5 million tonne Steel Melting Shop (SMS) and allied unit have been commissioned by Jindal Steel & Power (JSPL) as part of its 6 million tonne per annum (mtpa) greenfield integrated steel project in Angul, Odisha. Dinesh Saraogi, Executive Director of JSPL, Angul Unit said with this landmark achievement, the firm completed the 2.5 mn tpa steel production capacity in the f
Tag: Odisha
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Land issues of Posco project may be resolved soon
Commerce and Industry Minister Anand Sharma expressed confidence that the issues involved in acquiring some forest land for the $12 billion steel project by South Korean steel major Posco in Odisha may be solved soon. Speaking to reporters, the minister said there have been some difficulties in acquiring certain section of land that was already either encroached or not free from encu
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Coast Guard adds 4th Dornier to its aircraft fleet
To enhance its maritime surveillance capability over the coastal region in West Bengal and Odisha, the Indian Coast Guard (ICG) North East Region on July 31 inducted a fourth Dornier aircraft under its operational air enclave in Kolkata. This is the fourth Dornier aircraft to be inducted into the enclave operated by the 700 Squadron of the Indian Coast Guard (ICG). The enclave operates from the Netaji Subhas International Airport in Kolkata. This was the first ICG air squadron in the country.
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IOCL to invest Rs 50 bn on gas terminal project
Indian Oil Corporation chose Dhamra coast in Odisha's Bhadrak district for setting up a natural gas terminal at an investment of Rs 5,000 crore. In future, IOC plans to raise the capacity of the terminal by above 10 mn mtpa per annum. IOCL and the state government would jointly promote necessary infrastructure in Odisha for distribution of natural gas for indu
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Panel submits report on linkage policy to Odisha govt
An inter-ministerial committee set up by the Odisha government submitted its report on the long-term linkage policy for supply of ore to local industries. The state government would examine the report and may take action to boost supply of raw material to local industries. The submission of the report prompted Vedanta Aluminium (VAL) to be optimistic about securing bauxite ore from
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Odisha to build 200 more bridges under Biju Setu scheme
In Odisha, the State government would build 200 more bridges in the state at a cost of Rs 700 crore in this current fiscal. The government on July 20 announced that the bridges would be built under the Biju Setu Yojana. The State Chief Minister Naveen Patnaik, at meeting decided that the bridges would be built on 111 rural development and 82 panchayat roads. The tender process would be completed by October.
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Odisha to grant Rs 50 cr for Jharsuguda airport growth
Odisha Chief Minister Naveen Patnaik on July 16 sanctioned Rs 50 crore for development of the oldest Jharsuguda Airport in the state. The Odisha government has decided to provide the Rs 50 crore to the Airports Authority of India (AAI) for undertaking the first phase of construction of the strategic air-strip, which had been laid by the British. The first phase of development of the air port would be taken up at Rs 175 crore.
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ArcelorMittal abandons 12 mn t steel project in Odisha
After unsuccessfully waiting for seven years to secure land, ArcelorMittal abandoned its 12-million tonne steel plant in Odisha citing unviability of the project. In a press release, the firm said the inordinate delays relating to land acquisition and allocation of captive iron ore blocks means this project is no longer viable
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Posco shelves $5.3 bn steel plant project
Owing to its inability to secure land, South Korean steelmaker Posco cancelled its proposed $5.3 bn steel plant project in Karnataka. In an official communication, the firm said the delay in land acquisition has been prolonged and this prompted it to shelve the project. In June 2010, Karnataka government signed a preliminary agreement with the firm for the project. According to the agreement, the firm was to set up a 6 mn t
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Sambalpur to have a flyover to ease traffic congestion
In Odisha's Sambalpur, the Public Works Department has planned a flyover in the heart of the city, keeping in view the rising traffic. The proposed 700-metre overbridge will connect Church Road and Peerbaba Chhak and pass over Laxmi Talkies and Golebazaar Chhak, the two busy business hubs of the town. Though estimation of the project is yet to be finalised, officials said it would cost nearly Rs 20 crore to Rs 25 crore.