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Hindustan Times and others report on this. Following are some excerpts from the Hindustan Times report.

Steel baron Lakshmi Mittal’s global giant Arcelor Mittal is planning to advance the construction at its 10 million tonnes (MT) Orissa plant and hopes to begin initial construction by mid-2008, as against the earlier date of 2009. …

The first phase of Arcelor Mittal’s plant in Orissa, with a capacity of six million tonnes, is likely to be commissioned by 2011.

The company has appointed Dastur & Co to carry out a detailed project report and environment management plan for the two sites, which are currently underway. Chief Executive Officer of Mittal Steel India Ltd, Sanak Mishra, said that major construction work in the site will be taken up in 2009 and the company has finalised the product mix of the proposed plant for both long and flat products.

In a report Hindu says the following:

In an interaction with The Hindu, T. Venkatesan, Chief Executive Officer (Cement) of Dalmia Cement, said Orissa Cement, a subsidiary of the company, would also be expanding by doubling its capacity from the current 2.5 million tonnes.

Moneycontrol reports on Money Ispat’s performance and its interest in Orissa. Following are some excerpts.

Net profit of Monnet Ispat & Energy Limited jumped by 82% at Rs. 48.55 crores in its 1st quarter of 2007-2008, vis-?-vis Rs. 26.64 crores in the corresponding quarter of last financial year. The company recorded total turnover at Rs. 234.53 crores as compared to Rs. 137.12 crores achieved in the corresponding quarter of last fiscal ?an increase of 71%. …

Emphasising its shift to energy from steel making, Delhi based Monnet Ispat & Energy Ltd. (MIEL) has signed an MoU with the Government of Orissa for setting up a 1,000 MW power plant at an estimated cost of Rs.4200 Crores. The pithead power plant will come up in the Angul district of Orissa. MIEL plans to put up the 1000 MW power project in two phases of 600 MW and 400 MW. The 1st phase will be set up at an estimated cost of Rs.2850 Crores and the 2nd Phase at a cost of Rs.1350 Crores.

“In the coming years, the company will be focused more on the energy business rather than steel. Within a year, 55% of the revenues will come from the energy business and the rest from steel.,” said Mr. Sandeep Jajodia, Managing Director, Monnet Ispat & Energy Ltd.

The 2004 Railway budget talked about “Remote Area Rail Sampark Yojana” which would have finished projects like Khurda Rd – Balangir in 5 years. However, it seems to have been forgotton by the UPA govt. and Lalu Yadav. Today, Rediff has a small report on it. I think Orissa should get together with the other states that are part of it (West Bengal, Chattisgarh, Jharkhand, Orissa, Rajasthan, and Madhya Pradesh) and demand that this program be revived. Following are excerpts from the 2004 Rail budget that talks about this program.

Remote Area Rail Sampark Yojana

• 35. Railways have a large shelf of over 230 projects worth about Rs. 43,000 cr, for construction of New Lines, Gauge Conversion, Doubling, Electrification and Metropolitan Transport Projects. Even with the enhanced budgetary support, non-budgetary initiatives under National Rail Vikas Yojana and other cost sharing mechanisms apart from Defence funding of some projects of strategic importance, there will still be projects valuing Rs. 20,000 cr which would remain unfinished even after the next five years. A large number of these have been sanctioned on socio economic considerations with the intention of connecting remote and backward areas with the rail network. However their progress is very slow on account of inadequate funding, which causes dissatisfaction. Connecting these areas with the rail network will facilitate the economic and social development of these areas and will provide major employment opportunities during construction and thereafter. Keeping these factors in mind, it has been decided to speed up the execution and completion of these projects also in the next five years. I am happy to inform the House that this would be done through an ambitious ‘Remote Area Rail Sampark Yojana’, with an additional outlay of Rs. 20,000 crore.
• 37. This decision to accelerate the completion of all projects in five years is expected, on a broad estimate, to provide yearly employment to about 3 lakh persons during the construction period. Once opened for traffic, these lines would also require about 18000 persons per year for normal maintenance and operations, on incremental basis. Apart from this, it is expected that there will be scope for indirect employment of nearly 55000 persons per year. The ‘Remote Area Rail Sampark Yojana’ will go a long way in changing the economic and social scenario of the remote and backward regions of the country and bringing the people of these areas into the mainstream. Further, the demand for steel, cement, rolling stock, fittings, components, plant and machinery will also be generated, boosting the economic growth of the entire country.

Economic times reports that Orissa based company Scan steel is tying up with Delhi based steel major ‘AISCO’ for production and marketing under brand name ‘AISCO TMT’.

Perhaps, Industries in Orissa should learn to develop their own brands. Excerpts:

‘Delhi based steel company, AISCO and Orissa based SCAN Steel Group have tied up to undertake production and marketing of Steel TMT Bars under the brand name of AISCO TMT.The Group will take on the process of reduction of iron ore, making of sponge iron and casting of billets at its fully integrated facility at Orissa.

TMT Production will be undertaken at its main rolling unit at Orissa and various other group-owned and conversion units located at various parts of the country.

According to Mr. Praveen Aggarwal, Managing Director of AISCO Group, this will help them move towards overall growth of the company and the group will provide quality material for use in construction Industry and educate the consumers about shortcomings of poor quality steel available in the market.’

Economic times reports that Some Punjab based industries plan to invest in Orissa.
The reports state that Arti Steel has already invested 450 crore out of a total investment of 900 crores. The first step in Auto parts investment is being planned with GNA Axle.

Even Hero Honda , bicycle manufacturer plans to invest in Orissa. Hopefully, this will be the start of a trend. Excerpts:

“Orissa’s rich natural resources are now luring the industries in Punjab, with the an auto parts maker and steel manufacturer committing separate investments to the tune of Rs 960 crore to the state.

While Ludhiana-based Aarti Steels had committed an investment of Rs 900 crore for setting up a half-a-million capacity steel unit in the state, Goraya-based auto parts manufacturer GNA Axle Group will invest Rs 60 crore for manufacturing axle shafts, gears for heavy vehicles.

Leading bicyle maker Hero Cycles is also quite keen on exploring the possibility of making an investment in Orissa.

“We have proposed to invest Rs 60 crore within the next four years in order to set up an auto component manufacturing unit which will cater to export as well as domestic markets,” GNA Axle Group Director Randeep Singh said.

The Orissa government has promised to make available 100 acres of freehold land to the company at a token amount of Rs 2 lakh per acre. In addition to it, the government has also offered power at a rate of Rs 2.90 per unit without excise duty.

“We set up our unit in March 2003 in Orissa after carrying out a survey. The state can offer many benefits in the shape of availability of raw material for steel producing unit like us. So far, we have invested Rs 450 crore in this project while balance will be invested soon,” said Aarti Steels Director Rajeev Mittal.

The unit is is expected to be completed next year, he added.

“In Orissa, besides getting cheap power, we will also be in a position to get raw material at a much cheaper rate as we will be nearer to the source of raw material,” reasoned Singh while adding that with this new unit, our freight cost would also get reduced significantly for supplying our finished products to domestic as export markets.

Leading bicycle company Hero Cycles is also quite keen on exploring the possibility of making an investment in Orissa. “We will certainly explore the possibility of investing in that state which is full of natural resources,” Hero Cycles, Director Vijay Munjal said.

Recently, a high powered delegation including Commissioner-cum-secretary, Department of Industries, Orissa, was in Punjab for inviting industrialists to tap the investment opportunities here.“

Following are excerpts from televisionpoint.com’s report.

 Mumbai based Zee Interactive Learning Systems (ZILS) is looking at its child care division, Kidzcare, as a major growth-driver in the years to come. …

Arun Khetan, CEO, ZILS said, “The franchised childcare centres, Kidzcare, are geared to meet the gap in proper existing childcare programmes. We will be setting up a total of 35 Kidzcare centres in this financial year.”

According to Khetan, the demand for these centres is mostly from the IT and BPO crowd. “Thus, the Kidzcare centres will mostly come up in places like Bangalore, Hyderabad, Kolkata, Delhi, Bhubaneswar, Mumbai, Pune and Chennai.”

ZILS has plans to add another 70-75 centres in the next fiscal, while the target by 2011-12 has been set at 500 centres. The company expects Kidzcare to contribute about 25% to its turnover within the next five years. The Kidzcare concept operates on the franchisee model. The cost of setting up each centre ranges between Rs 10 lakh to Rs 45 lakh, not including the premises.

Pioneer reports on OMFED‘s milk collection and its future plans. Following are some excerpts.

The Orissa Milk Federation (OMFED) established an all-time record on Sunday by collecting 4, 11,237 liters of milk.

This became possible because of the dairy development programme spread over 30 districts of the State.

The district milk federation of Cuttack alone collected 2, 2,564 liters of milk, which is the highest among all the district milk federations in eastern India.

… OMFED plans to collect 10 lakh liters of milk per day by 2012. To build the infrastructure required to collect as much milk, OMFED has already started its work.

It has submitted a plan of Rs 15 crore to the Panchayati Raj department for enlarging the capacity of the existing dairies, building more bulk coolers in the rural areas, pressing into service more tankers for transportation of milk, establishment of new fodder plants and their capacity enhancement.

With the establishment of more fodder plants the producers will be supplied fodders at subsidised rates, which in turn will give a boost to milk production.

Following is an excerpt from Deepika Global’s report on this.

(UNI) The National Aluminium Company Ltd (NALCO), …, has achieved a net profit of Rs 446.66 crore for the first quarter ended June 2007.

According to the unaudited financial results for the 3-month period of the financial year 2007-08 taken on record in the Board of Directors meeting held in New Delhi today, the company achieved a net profit of Rs 446.66 crore, with a sales turnover of Rs.1287.12 crore.

However, during the first quarter of previous fiscal, the figures were up at Rs 622.30 crore and Rs 1620.82 crore respectively.

The company also achieved higher alumina production of 3,87,800 tonne compared to 3,58,100 tonne in the first quarter of the previous year.

Following are excerpts from a Pragativadi report:

The Indian Metals & Ferro Alloys Ltd (IMFA) has posted its highest-ever turnover of Rs 593.53 crore during 2006-07, registering an increase of 26.67 per cent over the previous year.

… the turnover included export earnings of Rs 317.74 crore, that went up by 48.52 percent. The improved operational performance, coupled with higher product prices, resulted in PBIDT increasing by 45.48 per cent to Rs 140.53 crore.

… the company produced a record 130,563 tonnes of ferro chrome during the year, including the tonnage sourced under a conversion contract with an associate company as it shifted focus away from ferro silicon, the output of which declined by 19.39 percent to 30,796 tonnes.

… financial closure had been achieved for a 30 MW dual-fuel power plant at Choudwar that is expected to be operational in 18 months. This will take total power generation capacity to 138 MW, …

Euitybulls reports on these announcements. Following are some excerpts.

… capital expenditure of Rs 142 crore (+10%) for setting up another cement grinding unit at Kapilas Cement Works, Kapilas Road in Jagatpur Tehsil of Cuttack District of Orissa.

… capital expenditure of Rs 250 crores (+10%) for setting up 2×25 MW Thermal Captive Power Plant and Coal Beneficiation Plant at Rajgangpur Cement Works, District Sundergarh, Orissa.

… capital expenditure of Rs 7.66 crores (+10%) for setting up 1.0 Million Tonnes per annum Hammer Mill at Lanjiberna near Rajgangpur works, Orissa.

In a news item on the Singapore business summit znetasia mentions that there will be one India business summit which showcases emerging states of India. Orissa is mentioned as an emerging state in that list.

“GES 2007 will also host the Global Indian Business Summit 2007, which will focus on the country’s emerging states such as Orissa, Tamil Nadu, Rajastan and Gujarat.”

New Indian express reports that all villages in Orissa will be lighted up by 2009.

Excerpts of the report are as follows:

By 2008-end, all the villages in Orissa would be provided with electricity, said Union Minister of State for Rural Development Chandrasekhar Sahu.

He was launching the Rajiv Gandhi Grameen Vidyutikaran Yojana (RGGVY) for Ganjam and Gajapati districts here on Thursday. He said the implementation of RGGVY in the State had been entrusted to three organisations which would supply power to every village unconditionally.

Earlier, power was supplied to the villages with more than 300 households, but the Union Government under RGGVY has decided to supply power to all the villages irrespective of number of families, he added. While the Power Grid has been entrusted with electrifying 12 districts, NTPC will electrify an equal number of districts.

The electrification of the rest six has been entrusted to NHPC, he said and added all the below poverty line families would be supplied electricity free of cost. He said the Centre is providing 90 per cent capital subsidy and the rest 10 per cent in terms of soft loan to the State Government for implementation of the programme. The Minister said 3,162 villages in Ganjam and 1,512 villages in Gajapati would get power by 2008.

D.K.Roy, Orissa in-charge of NHPC, said his organisation has been given the task of electrifying Ganjam, Gajapati, Boudh, Puri, Rayagada and Kandhamal districts. In the six districts 4,91,520 BPL families would be provided with power at an estimated cost of Rs 660.18 crore.

He said the electrification drive would be in two packages. In the first package, 55,000 BPL families in Ganjam would be supplied power at an estimated cost of Rs Rs 52.17 crore and in the second package another 57,263 BPL families would get power at an estimated cost of Rs 46.56 crores.”

Business standard reports that some of the betel cultivators have accepted POSCO’s compensation for these Betel farms.

Also, It must be noted, that these Betel cultivation was being done in Govt. enroached land. Currently out of 4004 acres required by POSCO, 3567 acres is Govt. land and 438 acres is pvt. land.

Excerpts:

In a major breakthrough in the imbroglio over land acquisition for Posco’s 12-million-tonne steel project near Paradip in Orissa, betel cultivators at Nuagaon village, within the project site, have dismantled their vineyards in lieu of compensation.

According to sources, four betel farm owners have accepted compensation to the tune of Rs 4.8 lakh, while 20 more who had surrendered their claim on betel vineyards are expected to be paid around Rs 15 lakh in a couple of days.

The farmers are being paid according to the rate fixed by the state government. Company sources said they had received about 200 applications from local farmers for payment of compensation for the surrender of their claim.

These were being verified and would be cleared in a phased manner, they added.

It may be noted that betel leaves are mostly cultivated over encroached government land in the proposed Posco plant area. There are about 1,600 betel farms in Nuagaon alone.

Posco required for its plant 4004 acres of land in three grampanchayats, namely Dhinkia, Nuagaon and Gada Kujanga. Of this, 3567 acres is government land and 437 acres is private land. Most of the government land, however, is encroached upon by betel cultivators.

It may be noted that about 3,000 people working at the betel farms in Gadakujanga, Dhinkia and Nuagaon are among the most vocal opponents of the project as they fear loss of employment.

They have become soft targets for anti-Posco agitators. Keeping this in mind, the state government is framing a separate package for these workers, in addition to the existing rehabilitation and resettlement (R&R) policy formulated last year.

According to state Chief Secretary Ajit Tripathy, the stalemate over land acquisition is gradually giving way and people in the site area are coming out in support of the project.

Economic times reports that Mittal is more postive of the progress in Orissa for it’s steel plant.

Excerpts”

BHUBANESWAR: Arcelor-Mittal group CEO L N Mittal expressed his preference for the company’s proposed mega steel plant in Orissa over the one planned in Jharkhand, even as the Orissa government committed itself to provide requisite land and raw material for the greenfield project.If things go as planned, Mittal even indicated to CM Naveen Patnaik and senior government functionaries that the world’s largest steel company is keen to start leg work in January 2008.

“We are very happy with the pace of progress in Orissa. We would certainly prefer Orissa to Jharkhand considering the progress,” Mittal said, emerging from a 150-minute meeting with the CM and his team.

“We are all working hard towards starting the project as fast as possible,” he told reporters, without mentioning any deadline. The steel moghul said he was “very happy” with the way things have moved ever since the company signed an MoU with the state government in December 2006 for a 12 million tonne per annum steel plant in Keonjhar district.

“The Dastur co is preparing the detailed project report and it should be ready by mid-2008,” he said.

On the mines linkage, Mittal, who was accompanied by his son Aditya and Mittal-India CEO Sanak Mishra, said after the “very detailed discussions” with the CM, he was “very confident” about getting required access to mines. He added that he was “very optimistic” about effectively tackling rehabilitation and resettlement issues.

According to official sources, the steel monarch requested the state government to acquire at least a part of the 8,000-acre land earmarked for the project, especially the encroachment-free government land, so that the company could begin some “work on the ground early next year”. Mittal, the sources said, sought to know about the mining linkage and the government assured him full support without committing any specific mines.

 Samaja has the following report on it.

New Indian Express has a report that mentions other places in Orissa where similar projects are being taken up.

Mahishiakada and Jamuganda – two villages in Dhenkanal and Nayagarh districts respectively – never had the experience of electricity.

Drawing supply lines and installing poles would almost have been unthinkable but for a non-conventional strategy. The Ministry of New and Renewable Energy (MNRE), which included these remote villages under its Village Energy Security Programme (VESP) has electrified these two habitations of about 200 households.

A 10 kilo watt genset that uses just small wood chips has been able to give the villages – each has one – uninterrupted power for seven to 10 days at one go. The villagers, besides using it for illumination purposes in evening, are able to run water pumps too. Both projects were inaugurated earlier this week.

The VESP projects look beyond mere electrification of remote un-electrified villages for they aim to provide a holistic energy service package to people inhabiting in such pockets, Chief Executive of Orissa Renewable Energy Development Agency (OREDA) Ajit Bhartuar said.

In fact, the two projects which have been taken up on test basis are second and third such projects taken up by MNRE in India, the first being in Madhya Pradesh.

The projects are being implemented by the Village Energy Committee members who have been trained on operational details. The committees are helped either by local NGOs or Divisional Forest Officers. While the Ministry comes up with 90 per cent assistance, balance is contributed by villagers. In cases, local development funds are also accessed.

While the Mahishiakada project has been set up at a cost of Rs 15.96 lakh, the other was established with an estimated Rs 19.56 lakh. In the State, test projects are being implemented in 13 remote villages of Koraput, Nowrangpur, Kandhamal, Ganjam, Nayagarh, Dhenkanal and Cuttack.

Odisha.com reports that South Eastern Railway will start passenger carrying train between Keonjhar and Tata from August 15th. Some of the stations between Keonjhar and Tata are Keonjhargarh(98)- Goaldih(109)- Porjanpur(116)- Nayagarh(130)- Jaroli(146)- Bansapani (155)-Murg Mahadev Rd(164)-Deojhar(167)-Padapahar (183)- Dangoaposi(188) – Maluka(198)- Kendposi(208)- Talaburu(217)-Jhinkpani(226)-Singhpokharia(235) –Chaibasa (242)-Pandrasali(250)-Rajkharswan(262) (between Chakradharpur and Tata) … Tata (304). Currently a Janshatabdi runs from Howrha to Tata to Barbil via Padapahar. So the proposed new train will newly connect people with access to stations in between Keonjhar and Padapahar to Tata and the rest of the world.

Following is Dharitri’s report on it.

In the last two days couple of press releases have come out from the Minister of Steel, Chemicals and Fertilizers, Mr. Ram Vilas Paswan. The first one assures POSCO of all help and the second one assures Laxmi Mittal about his support for ore linkages for his proposed steel plants in Jharkhand and Orissa.

Statesman reports that the central government is planing to establish one of three animal rescue centers in Orissa. Following are excerpts of that report.

Kapilas is chosen only to house the wild lives rescued from different places for protection of wild animals. …

Kapilas is chosen for various reasons such as suitable infrastructure, water flows, habitable environment for wild animals, natural forest growth, an existing deer park and communication for proper management and other facilities. Divisional forest division has already communicated to government about existing facilities and amenities available in Kapilas.

The purpose of the centre is to bring those wild animals being wounded or troubling villagers in human habitation to be brought to the rescue centre from different places. Thus animals including elephants will be protected and villagers be tension free. After primary care they will be sent back to forest. Union ministry will take a decision in the last week of this month to approach the Supreme Court for final approval. If approved, Kapilas will be first rescue centre in Orissa.

Kapilas is 16 kms from Dhenkanal and considered a tourist spot.

The Statesman reports on OMC’s turnover in Quarter 1. Following are some excerpts.

The Quarter-I (Q-1) turnover of Orissa Mining Corporation (OMC) during 2007-08 has reached Rs 332.04 crore, which shows a rise of 68 per cent, compared to the corresponding period of the previous year. In the corresponding period of last fiscal 2006-07, it was Rs 197.62 crore.
In the last fiscal, during 2006-07, the corporation’s turnover had crossed the four figure mark and pegged at a record of Rs 1,080 crore, with a profit of Rs 540 crore.

… The Q-1 turnovers of 2005-06 and 2004-05 were Rs 124.47 crore and Rs 117.61 crore respectively.

Business Standard in a report mentions the following numbers in regards to IOC’s plan in Paradip.

IOC is also planning around Rs 6,000 crore petrochemical complex at its upcoming 15 mtpa refinery in Paradip, Orissa.

Enconomic Times mentions this in another context. Following are some relevant excerpts.

… the US Department of Commerce (USDC) has selected Devi Seafoods, Andhra Pradesh and Falcon Marine, Orissa, as the mandatory respondents on the basis of their export volumes.

These two companies are two of the largest exporters of warm water shrimp accounting for 22% of exports to the US market.