Indian Oil Corporation (IOC) chose Dhamra coast in Orissa'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 million tonne per annum.
Tag: Orissa
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Orissa to bring in solar policy
To promote solar power production in Orissa, the state government has decided to formulate a solar policy soon. The policy will help streamline production, utilisation and management of solar energy in the state
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Gammon gets uderwriting of financial closure for 5 road projects
Gammon Infrastructure has secured underwriting for the financial closure of five highways projects in Bihar, Andhra Pradesh, Madhya Pradesh, Orissa and Haryana, which is likely to help the developer tie up funds easily and enable faster pace of progress.
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Odisha’s mineral sector gets offer for aid from World Bank
Odisha State Director of Mines Deepak Mohanty informed reporters that a visiting delegation of the World Bank offered to provide technical assistance for development of mineral sector in the state. The multilateral body would provide support in the field mineral concession agreement, renewal of mining leases, grant of mining leases, socio-economic and envir
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IDCOL Kalinga Iron Works to procure ore
Industrial Development Corporation of Orissa (IDCOL) intends to promote, industrial units for optimum utilisation of mineral resources available in the state and manage the same with optimum efficiency and productivity. The corporation also provides single window service to the entrepreneurs like government approval, NOC of Pollution Control Board,mining lease tax incentives available for new units, infrastructure development etc.
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Soaring investment potential
Despite a largely sluggish SEZ segment, uncertain cabotage laws and now a TAMP regulation on lower tariffs
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Essar Oil to acquire more land for CBM project
Essar Oil plans to acquire around 1,000 acre land to drill 500 wells for the Rs 3,000-crore coal-bed methane (CBM) project at the Ranigunj block, according to a top official.
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Our focus will be on financing infrastructure in economically weaker states in India
IFCĆ¢ā¬ā¢s emphasis will be on sectors like agriculture, power, water and ports in the years to come, as the World BankĆ¢ā¬ā¢s arm will invest around $20 million in Pragati India Fund,
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Energy | Execution roadblocks in power distribution
LetĆ¢ā¬ā¢s not presume for a moment that clearances and politics are the only culprits in the inordinate delays in power plant commissioning. Distribution project delays are particularly underreported as they are smaller-ticket.
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No problem has been reported in land acquisition in our rural infra-structure scheme
Perhaps no other country has as many land-related disputes as India, rendering land acquisition painful. Union Ministry of Rural Development Secretary in the Department of Land Resources Anita Chaudhary...