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Show cause notice to 57 mines

Show cause notice to 57 mines

The Joda mining circle, un­der the Orissa state steel and mines department, has sent show cause notices to 57 mines for the irregularities and min­ing rule violations caused by them between 2001 and 2010.

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More premium bids for NHAI

More premium bids for NHAI

All 4 bids opened on negative VGF exceeding estimation by far. NHAI opened four National Highway bids (on BOT) over the past two working days--three on Friday, 18 November and one on Monday, 21 November. The four have all been on premium, also called negative Viability Gap Funding (VGF) of varying amounts.

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Mining royalty rate hike sought

Mining royalty rate hike sought

Orissa Chief Minister, Naveen Patnaik sought a level playing field by urging the centre for an upward revision of mining royalty rates and a ban on ore exports.

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20 bidders for Orissa's UMPP

20 bidders for Orissa's UMPP

All the 20 power companies, including Tatas, NTPC and Lanco, which had submitted bids for the 4,000 MW ultra mega power project (UMPP) in Orissa are believed to have qualified for the second round, which starts in October.