Archive for the 'Bhadrakh' Category

The second UMPP in Odisha is finalized to be in Bhadrak

Bhadrakh, Thermal, TOI, Economic Times Comments Off on The second UMPP in Odisha is finalized to be in Bhadrak

Following is from a report in Economic Times.

The government has identified site for setting up Rs 18,000-crore imported coal-based ultra mega power project in Orissa, power secretary Uma Shankar said.

The 4,000-mw plant, one of the three such proposed projects in the state, will be located at Bhadrak. A team of Central Electricity Authority will on April 21 visit the state for finalising location of the third ultra mega power project that would be run on imported coal, he said.

Orissa’s first ultra mega power project at Bedabahal is under bidding.

An important reason behind Bhadrak being the location must be the Dhamara port and its competitive pricing. This is a glimpse of the impact of having new ports. Odisha must push the other new ports that are in various stages of planning. As we have discussed before, the ports will serve the traffic from/to the countries in the east.

 

Current and planned eco-toursim centers in Odisha

Angul, Balasore, Bhadrakh, Bhitarakanika, Ecotourism, Gajapati, Kandhamala, Kendrapada, Mayurbhanj, Nature spots, Satkosia gorge and tiger reserve, Similpal, Waterfalls Comments Off on Current and planned eco-toursim centers in Odisha

Following is an excerpt from an article in Pioneer.

In the biodiversity management, three eco-tourism destination sites were developed in Satkosia, Bhitarakaniaka and Similipal. Community reserves and heritage sites were developed in five places. Bichitrapur mangrove area near Jaleswar, Rissia wildlife sanctuary in Baleswar wildlife division, Mandasaur in Phulbani forest division, Khasada waterfall, Black Pepper plantations, Gandahati waterfall and Red Sanders plantations in Paralakhemindi Forest Division were taken up for development as  new eco-tourism destinations.

 

Charampa to have an inland container depot; one of the many upcoming economic impact of Dhamara port

Bhadrakh, Dhamara port (under constr.) 6 Comments »

Ports have economic and infrastructural impact on the nearby areas.  The recently operational Dhamara Port already has given a highway and railway line between Bhadrak and Dhamara. The proposed container depot (discussed in the Dharitri article below) will be another of its initial contribution.

Investment status of four new ports in Odisha: Dhamara, Gopalpur, Subarnarekha river mouth (Choumukha-Kirtania), Astaranga

Astaranga, Puri (Navayuga interested), Balasore, Bhadrakh, Choumukha-Kirtania, Balasore (Creative ports, Chennai interested), Dhamara port (under constr.), Ganjam, Gopalpur port (under constr.), Puri Comments Off on Investment status of four new ports in Odisha: Dhamara, Gopalpur, Subarnarekha river mouth (Choumukha-Kirtania), Astaranga

Update: Following is from a report in Business Standard.

… "The Ministry of shipping and highways has more or less agreed to bear 50 per cent of the cost of road and rail connectivity for the minor ports proposed in the state. The ministry had asked us to submit cost estimates for the same and accordingly, we had submitted Rs 1200-crore plan for offering road and rail connectivity for the upcoming minor ports", an official source told Business Standard.

According to the proposal, the cost of rail and road connectivity for the minor ports would be shared equally between the Centre and the port developers.

… Among the 14 locations identified by the state government for the development of ports are Dhamara, Jatadhari Muhan, Barunei Muhan, Astaranga, Bichitrapur, Chudamani and Kirtania to name a few.

The state government had already inked concession agreements with the developers for the development of ports at Dhamara, Gopalpur and Kirtania.

The Orissa government has also signed MoUs (Memorandum of Understanding) with the Hyderabad-based Navayuga Engineering Private Ltd and Aditya Birla Group for setting up of ports at Astaranga and Chudamani respectively.


Following is from a report in Business Standard.

Orissa has witnessed grounding of investment of Rs 4,262.44 crore from non-major ports in the past 10 years.

The investments have made four minor port developers- Dhamara Port Company Ltd (DPCL), Gopalpur Port Ltd (GPL), Creative Port Development Ltd and Navayug Engineering Ltd from 2002-03 up to the end of September this year. …

DPCL, a 50:50 joint venture between Tata Steel and L&T, is the biggest investor, with its investment till the second quarter of 2011-12 standing at Rs 3,570.35 crore.

The port developer, who has already begun operations, has invested Rs 762.79 crore, Rs 1,088.26 crore and Rs 1,059.40 crore in 2008-09, 2009-10 and 2010-11 respectively. In 2011-12, DPCL has invested Rs 60.45 crore till the end of September.

Gopalpur Port Ltd (GPL), a special purpose vehicle promoted jointly by Orissa Stevedores Ltd and Sara International Limited (SIL) has invested Rs 421.09 crore during 2007-08 to September-end of 2011-12. The port developer which is developing the seasonal port at Gopalpur into an all-weather port, has invested Rs 51.09 crore in 2007-08, Rs 30 crore in 2008-09, Rs 50 crore in 2009-10, Rs 40 crore in 2010-11 and Rs 250 crore in this fiscal (till September-end).

The state government has asked the port promoters to commission second phase of the port operations by March 2013. GPL has already claimed to have achieved financial closure of Rs 1,400 crore for the first stage of Phase-II of the deep sea port with the signing of loan agreement with a consortium of 11 banks.

The port at Subarnarekha river mouth, proposed by Chennai-based Creative Port Development, has seen investment of Rs 221 crore.

Creative Port Development had inked an MoU (Memorandum of Understanding) with the state government on December 18, 2006 for setting up a port with an initial capacity of 10 million tonnes per annum (mtpa) which was to be scaled up to 40 mtpa in 10 years.

The port developer had also entered into a concession agreement with the state government on January 11, 2008. As per this agreement, the port developer would share revenue with the state government at the rate of five per cent from first to fifth year, eight per cent from sixth to 10th year, 10 per cent from 11th to 15th year and 12 per cent for the remaining 15 years.

The port at Astaranga in Puri district has witnessed an investment of Rs 50 crore over the past four years.

The port project is being taken up at a cost of Rs 6,500 crore. The initial capacity of the port will be 25 mtpa which will be eventually scaled up to 70 mtpa. The state government had entered into an MoU with Hyderabad-based Navyug Engineering Ltd on December 22, 2008.

The project proponent had signed a concession agreement with the state government in November 2010.

Multiple funding sources to help further develop various tourist attractions and infrastructure in the coastal areas

Berhampur- Gopalpur- Chhatrapur, Bhadrakh, Bhubaneswar- Cuttack- Puri, Bhubaneswar-Pipli- Konark, Bhubaneswar-Puri, Business Standard, Central govt. schemes, Chandaka, Circuit: Bhubaneswar-Chilika-Puri, Dhamara- Chandbali- Bhitarakanika, Ganjam, Gopalpur-on-Sea, Heritage sites, Historical places, Jagatsinghpur, Kendrapada, Khordha, Konark, Lord Jagannath, Nandan Kanan, Odisha govt. action, Paradip - Jatadhari - Kujanga, Puri, Puri, Puri - Konark, Raghurajpur, Shamuka Beach project, Sites in and around Bhubaneswar, Telegraph, Temples, Tourist promotion Comments Off on Multiple funding sources to help further develop various tourist attractions and infrastructure in the coastal areas

Following is from a report in Telegraph.

The capital will soon have a mega-tourist circuit for which the Centre has sanctioned Rs 8.14 crore.

The proposed tourist circuit envisages, among others things, renovation of two major roads in Old Town area, construction of a ‘parikrama’ around Lingaraj temple, soft-lighting for eight protected monuments and two tourism interpretation centres.

While the tourism department is trying to revive Ekamreswar, the miniature temple of Lord Lingaraj near Lingaraj police station, a dedicated road corridor will be constructed to link Puri, the Old Town area and Khandagiri via Dhauli.

Moreover, a 3,000-seater amphitheatre will be constructed opposite Madhusudan Park at Pokhariput.

… Samal spoke to reporters after the heritage walk, which was held today as part of World Tourism Day function.

The circuit will aim at facilitating various cultures as the city is perhaps the only one place in the region where three major religions — Hinduism, Jainism and Buddhism — have their presence and the Daya riverbed is linked to the transformation of Emperor Ashok from Chandashok to Dharmashok.

… While the mega circuit will be part of the development of the ambitious Bhubaneswar-Puri-Chilika tourism sector, the Old Town area of the city will have a 40-feet road near the temple connecting Kotitirtheswar Lane and a proposed three-acre parking site.

Later, the same road will be extended up to Kedar Gouri temple. These two roads, in turn, will provide a better corridor so that tourist vehicles can pass through the areas smoothly. Similarly, a ‘parikrama’ or circular road will be planned around the Lingaraj temple.

“Apart from providing better connectivity to the Old Town area, the side walls of various buildings and structures will be decorated with tiles of red laterite stones. The concept has already been adopted in various western cities and states such as Rajasthan. …

The mega circuit will also emphasise on infrastructure development to connect various sites of Buddhist and Jain religious interests. Other than central assistance, there is also a plan to develop a road connecting Gangua nullah (through its right embankment) to the historical Kapileswar village. Another road will link Ganesh Ghat near Dhauli Peace Pagoda with the Jatni Kapilaprasad Road.

According to the pre-feasibility report, the state government will spend more than Rs 30 crore on the two proposed roads.

“These two roads will connect Dhauli with Khandagiri and the travellers and tour operators need not take the longer Cuttack-Puri Road via Rasulgarh to reach the historical Jain sites. Even nature lovers visiting places such as Deras in Chandaka or Nandankanan Zoological Park can take this road in future,’’ said the MLA.

“The state government has also asked the Bhubaneswar Development Authority to construct an amphitheatre opposite Madhusudan Park in Pokhariput. This will resemble the amphitheatre at the Utkal Sangeet Mahavidyalaya near Rabindra Mandap,’’ he said.

Sources at the public works department said: “There is a plan to construct a flyover over the railway level crossing at Pokhariput for Rs 42 crore. While the state government will share Rs 22 crore, the rest will come from the railways. Once the flyover is commissioned, the road from Dhauli to Khandagiri will become a vital link to various religious centre.’’

Under the mega tourism circuit, temples such as Lingaraj, Rajarani, Mukteswar, Rameswar, Parsurameswar, Lakshmaneswar, Bharateswar and Satrughneswar will be illuminated with light emitting diode based ‘dynamic lighting system’ for which Rs 3.98 crore will be utilised. The project will be executed by the Orissa Tourism Development Corporation.

Hinting at the development of two interpretation centres near the Lingaraj temple, Samal said: “While one will be constructed on the premises of Sibatirtha Mutt, the other one will come up near the employees’ colony.’’

On the proposed tourist interpretation centre near Khandagiri-Udaygiri caves, he said the project would be completed within two or three months time.

Following is from a report in Business Standard.

The Orissa government has decided to promote heritage tourism at eight locations along the coast line with an investment of Rs 7.41 crore in the next five years.

Based on archeological, architectural, sculptural and historical importance, the selected structures, identified by the state archeology department, would be taken up under the World Bank funded Rs 227.64-crore Integrated Coastal Zone Management Project.

… The structures identified to get a face lift under the scheme included Potagarh (Buried Fort), located on the bank of river Rushikulya in Ganjam town which stands as a mute witness to the vicissitudes of history in Orissa.

Apart from historic Potagarh, the British Cemetery near Ganjam town, Bhaba Kundaleswar temple of Manikapatna, Baliharichandi temple near Puri, Hariharadeva temple, Nairi, Bateswara temple, Kantiagada (Ganjam), Jagannath temple, Pentha and Jamboo Colonial Building, Kendrapara will be refurbished under the scheme.

Preservation of ancient monuments under the project will include their protection, structural conservation, chemical conservation, landscaping and maintainance from time to time.

… The officials of the Gujarat and West Bengal projects along with a World Bank team visited various places including Ganjam and Kendrapada districts in the state recently to review the implementation of the project. Project Director of ICZM (Orissa) AK Pattnaik briefed the team about various steps taken under the project and their progress. The scheme, whose tenure spans from 2010 to 2015, is being implemented in two coastal stretches: Paradeep to Dhamara and Gopalpur to Chilika.

Team Odisha steps in the last months on airports and air services

Angul, Bhadrakh, Bhubaneswar, Bringing International Connectivity, Dhenkanal, Ganjam, Jagatsinghpur, Jharsuguda, Jharsugurha, Keonjhar, Khordha, Others, Rangeilunda Berhampur, Rayagada, Rourkela, Sundergarh, Team Odisha 8 Comments »

Following is from the Team Orissa newsletter of AprilJune’2011.

In regards to the airport in Paradeep, there has been news that it will be an important aspect of the proposed PCPIR in Paradeep.

In the past, two other airport locations have been mentioned: Koraput/Jeypore/Sunabeda area and Balasore/Baripada/Rasgovindpur area. In fact, after Rourkela, Jharsuguda and Gopalpur, these two will be the important locations as they have the potential to be regional airports.

Petronet considering Odisha port locations for an LNG terminal; this logic extends to many other situations

Berhampur- Gopalpur- Chhatrapur, Bhadrakh, Dhamara port (under constr.), Dhamara- Chandbali- Bhitarakanika, Ganjam, Gopalpur port (under constr.), Jagatsinghpur, Paradeep port, Paradip - Jatadhari - Kujanga Comments Off on Petronet considering Odisha port locations for an LNG terminal; this logic extends to many other situations

Following is an excerpt from a report in Business Standard.

Petronet LNG Ltd, one of the fastest growing companies in the Indian energy sector has evinced interest in setting up an LNG (Liquified Natural Gas) terminal along the Orissa coast.

Dhamara, Gopalpur and Paradip ports in the state have been identified as the possible locations for the proposed LNG terminal which is set to cost Rs 4,000-5,000 crore.

“Petronet LNG is keen to set up an LNG terminal along the Orissa coast. The company is yet to zero in on any site though Dhamara, Gopalpur and Paradip have emerged as the potential locations. Petronet LNG has told us that the Orissa coast is the most suitable location for setting up the LNG terminal in which Rs 4,000-5,000 crore will be invested,” T Ramachandru, principal secretary (industries), Orissa government told Business Standard.

Petronet LNG is understood to be in talks with Paradeep Port Trust (PPT) authorities as well as promoters of Dhamara Ports Company Ltd (DPCL) and Gopalpur Ports Ltd (GPL) for the project. “We had initial discussions with the officials of Petronet LNG. They have proposed to set up an LNG terminal along the Orissa coast and we are open to the idea of setting up the terminal at Gopalpur. Petronet LNG officials have talked to PPT authorities as well as DPCL,” said Charchit Mishra, director of GPL.

… Petronet runs India’s first LNG receiving and re-gasification terminal at Dahej (Gujarat) having a capacity of 10 million tonne per annum (mtpa), equivalent to 40 mscmd (million standard cubic metres per day) of natural gas. The company is in the process of building another terminal at Kochi (Kerala) which will have a capacity of five mtpa equivalent to 20 mscmd.

Following is from the "About Us" page of Petronet.

Formed as a Joint Venture by the Government of India to import LNG and set up LNG terminals in the country, it involves India’s leading oil and natural gas industry players. Our promoters are GAIL (India) Limited (GAIL), Oil & Natural Gas Corporation Limited (ONGC), Indian Oil Corporation Limited (IOCL) and Bharat Petroleum Corporation Limited (BPCL).

The following map gives an idea that the location picked and being considered by Petronet is not going to be a one-off thing. From the shape of India it becomes clear that many companies who will be importing "things" and distributing them across India would think of three ports: one in the West, one in the South and one in the East. In the East, since Odisha has a much longer coast line than West Bengal, there is a rush to establish ports in Odisha. These ports are going to be a big factor in the development of Odisha. Because of that Odisha is and should be zealously protecting the welfare of its existing and planned ports.

ASSOCHAM proposes 16 new PPP based clusters in Odisha

Balasore, Bhadrakh, Clusters, Dhenkanal, Mayurbhanj, MSE - medium and small enterprises, MSMEs, Puri Comments Off on ASSOCHAM proposes 16 new PPP based clusters in Odisha

Following is from a report in Economic Times by Nageshwar Patnaik.

The Associated Chambers of Commerce and Industry of India (ASSOCHAM) on Wednesday proposed setting up of 16 new clusters on public-private partnership [PPP] in Orissa each accommodating about 1000 units and providing direct and indirect employment close to 4 lakh people.

Releasing the ASSOCHAM study on "Cluster Development for Inclusive Growth in Orissa" National Secretary General, D. S. Rawat said, "The total funds required for basic and essential infrastructure to these clusters will be about Rs. 480 crores. Once functional, it will contribute additional 10% revenues per annum to the exchequer, help in inclusive growth and simultaneously lead to upgradation of existing clusters.

…  In the state, there are only 26 clusters in the state recognized by the Central government as against 6500 clusters in the country out of which 450 are assisted by the government. The 16 new clusters suggested by ASSOCHAM are: Palasa (Cashew), Buditi (Brass & Bell Metal), Baripada (Sabai Grass), Dhenkanal (Powerloom), Puri (Rice Mills), Bhadrak (Rice Mill Cluster), Dhamara (Ice Plant), Basudevpur (Ice Plant), Chandbali (Chuda Cluster), Tihdi (Chuda Cluster), Basudevpur (Chuda Cluster), Bhandaripokhari (Honey), Dhamara (Honey), Betaligaon (Wood Carving), Olaga (Wood Carving) and Dhusuri (Wood Carving).

The MSME sector contributes around 40% to GDP with an estimated value of goods and services around Rs. 20 lakh crore in 2009-10. The sector is estimated to employ about 5.9 crore people in over 2.6 crore units in the country and has consistently registered a higher growth rate than the rest of the industrial sector. There are over 6000 products ranging from traditional to high-tech items, which are being manufactured by the MSMEs in India.

1400 crore plan to connect six new ports to the National Highways

Astaranga, Puri (Navayuga interested), Balasore, Baliharchandi, Puri (many interested), Bhadrakh, Choumukha-Kirtania, Balasore (Creative ports, Chennai interested), Chudamani, Bhadrakh (Birlas interested), Dhamara port (under constr.), Ganjam, Gopalpur port (under constr.), Puri, Roads, highways and Bus stands, Sambada (in Odia) 2 Comments »

The six new ports are Kirtania (Balasore district), Chudamani (Bhadrak district), Dhamara (Bhadrak district), Astaranga (Puri district), Baliharchandi (Puri district) and Gopalpur (Ganjam district).

Following is a report from Sambada.

SLSWCA approval for two power projects in Nayagarh and Boudh

Ancilaries, Bhadrakh, Bouda, Jagatsinghpur, Nayagarha, Single Window Clearance (SLSWCA), Thermal Comments Off on SLSWCA approval for two power projects in Nayagarh and Boudh

Following is an excerpt from a report in Business Standard.

The State Level Single Window Clearance Authority (SLSWCA) on Monday cleared two projects in the energy sector involving a total investment of Rs 1,045 crore.

The projects which got the nod of the Single Window authority are those proposed by Hyderabad-based Primo Power & Infra Ltd and Konark Kanti Energy Ltd.

Primo Power & Infra Ltd has proposed to set up a 60 MW coal-fired thermal power plant at Gania village in Nayagarh district at a cost of Rs 300 crore. The power plant will create direct employment for 80 people.

"Konark Kanti Energy Ltd will set up 110 MW coal-based power plant at Baghiapara in Boudh district at an investment of Rs 435 crore. This project will generate direct employment for 70 persons. Besides, the company has also proposed to set up a petroleum based downstream industry at Paradip at a cost of Rs 200 crore and a petroleum storage tank at Dhamara at Rs 110 crore", T Ramachandru, principal secretary (industries), Orissa government told reporters after the meeting of SLSWCA chaired by the state Chief Secretary B K Patnaik.

Dhamara port all set to start operations in April 2011; builds sister port relationship with Seattle port

Bhadrakh, Dhamara port (under constr.), L & T, Tatas Comments Off on Dhamara port all set to start operations in April 2011; builds sister port relationship with Seattle port

Following is an excerpt from a report in Economic Times.

The Rs 3,200-crore Dhamra Port in Orissa, a 50:50 joint venture between Tata Steel and Larsen & Toubro (L&T), is ready and will go operational next month, a top company official said.

Dhamra Port Company Limited (DPCL) has so far invested Rs 2,900-crore out of the total project cost of Rs 3,239-crore and almost 100 per cent work on the project has been completed.

… "We have completed 100 per cent work of the port including the construction work for the 62-kilometer rail link from Dhamra to Bhadrak on the main Howrah-Chennai line," he said.

… Situated between Haldia and Paradip, the port at Dhamra will be the deepest of India with a draught of 18 meters, which can accommodate super cape-size vessels up to 1,80,000 dead weight tonnes (DWT).

DPCL has recently entered into a sister port relationship agreement with the US-based Port of Seattle. The pact is aimed at exchange of information on port users, technology transfer and sharing of best practises between the two ports.

Following is a map from http://www.dhamraport.com/maps.asp.

Odisha Single Window Clearance Committee cleared five proposals worth Rs 1,340 crore

Balasore, Balasore-Baripada-Rasgovindpur, Bhadrakh, Bhubaneswar- Cuttack- Puri, Cement, Dhamara- Chandbali- Bhitarakanika, Food processing, Jagatsinghpur, Khordha, Paradip - Jatadhari - Kujanga, Petrochemicals, Sambalpur, Single Window Clearance (SLSWCA), Sundergarh, Thermal Comments Off on Odisha Single Window Clearance Committee cleared five proposals worth Rs 1,340 crore

Following is an excerpt from a report in Telegraph.

… the single-window clearance committee of the state government, cleared five proposals worth Rs 1,340 crore. Industries secretary T. Ramchandru said that Orissa-based Konark Kranti Energy would set up a petroleum complex at Paradip and a petroleum storage facility at Dhamra port. “The company will invest Rs 300 crore,” he said.

Britania Industries Limited would also set up a plant at Khurda with an investment of Rs 51 crore.

Around 700 people will be employed by the firm. Everest Industry would set up a corrugated asbestos plant at Somanthpur in Balasore with an investment of Rs 69 crore, Chariot Steel and Power would expand its cement plant at Sundergarh and invest Rs 320 crore while Nababharat Ventures Limited would set up a power plant with an investment of Rs 600 crore, he added.

Odisha Single Window Clearance Committee approves new investment of 6500 crores

Angul, Balasore, Bhadrakh, Cement, Chemicals, Food processing, INVESTMENTS and INVESTMENT PLANS, Jagatsinghpur, Keonjhar, Khordha, Manufacturing, Mayurbhanj, Nayagarha, Paper and newsprint, Sambalpur, Single Window Clearance (SLSWCA), Steel, Sundergarh 4 Comments »

Following is from a report in Hindu Businessline.

… Orissa government on Friday approved fresh investment of Rs 6,500 crore …

The investment proposals were approved by the Single Window Clearance Committee (SLWCC) meeting chaired by the chief secretary Mr B K Patnaik here.

“The 16 projects approved today will give direct employment to 15,000 people and provide indirect employment for another 25,000 persons,” Industries secretary Mr Sourav Garg told reporters adding that projects worth less than Rs 1,000 crore got clearance from the SLWCC.

Stating that the projects were in cement (4 units), food processing (one unit), manufacturing (one unit), power (one unit), paper (one unit) and steel (five units) sectors …

The name of the companies and additional details are given in this report from Samaja.

New investments and investment projects under implementation

Angul, Anugul- Talcher - Saranga- Nalconagar, Balasore, Balasore- Chandipur, Bhadrakh, Bouda, Business Standard, Cement, Coal to diesel, Cuttack, Dhamara- Chandbali- Bhitarakanika, Gasification (from Coal), Investment ranking, Jajpur, Jharsugurha, Keonjhar, Ore pelletisation, Sonepur, Sundergarh 2 Comments »

Following is from a Business Standard report in sify.com.

Orissa has continued its growth momentum as a favourite destination for investors attracting investments worth Rs 98,929.49 crore in the April-June period of this fiscal. The most of these new investment proposals are in sectors like power, steel, cement, food processing and downstream industries.

The single largest investment proposal of Rs 45,000 crore has come from Strategic Energy Technology Systems Pvt Ltd for a coal to liquid project at Angul on May 12, 2010.

The bulk of the investments- Rs 33,569.25 crore has been proposed in the power sector with proposals for setting up of Independent Power Plants (IPPs) with a cumulative capacity of 7740 MW.

Ferro Alloys Corporation (FACOR) Power Limited has proposed to set up a 270 MW (2×135) coal-based thermal power plant at Haridaspur in Jajpur district. Similarly, KU Projects intends to set up a 1320 MW (2×660) power plant at Thakurpur in Sonepur district at an investment of Rs 7260 crore. This project has been cleared by the High Level Clearance Authority (HLCA) of the state government.

Similarly, Shivani Thermal Power Station of Ghaziabad (Uttar Pradesh) has proposed to set up a 1320 MW (2×660) power plant at Chhotapadagan in Cuttack district at a cost of Rs 7554.54 crore.

Visa Power has submitted a revised proposal to the state government owned Industrial Promotion and Investment Corporation of Orissa Ltd (Ipicol) to set up a 1320 MW (2×660) power plant at Brahmanabasta in Cuttack district, entailing an investment of Rs 6319.48 crore.

Shri Anant Infra Energy Pvt Limited has evinced interest to set up a 210 MW coal-based power plant at Garjan Bahal in Sundergarh district.

Responsive Industries Ltd has proposed to set up a 1320 MW (2×660) power plant at Manmunda in Boud district at a cost of Rs 6487.50 crore.

CLP Power India Pvt Ltd plans to set up a 1980 (3×660) MW power plant at Majhapada in Sundergarh district at a cost of Rs 10,000 crore.

Among the investment proposals in the cement sector, Kolkata-based Icore Super cement Ltd has proposed to set up a cement plant at Somnathpur in Balasore district at an investment of Rs 151 crore.

While Ramco Industries Limited has evinced interest to set up a 120,000 tonnes per annum asbestos fibre cement sheet plant at Jharsuguda at a cost of Rs 35 crore, Madras Cement intends to set up a 4000 tonne per day cement plant at Nandibera in Malkangiri district at a cost of Rs 750 crore.

Reliance Cementation Ltd has submitted proposal for a 2.8 million tonne per annum cement plant at Jallangbara in Sundergarh district at a cost of Rs 970 crore.

Similarly, Binani Cement plans to set up a one million tonne per annum clinker grinding unit at Dhamara in Bhadrak district at a cost of Rs 130 crore.

In the steel sector, Rashmi Metalliks Limited has proposed to set up a three million tonne per annum pelletisation plant and 44 m captive power plant at Baliarpur in Bhadrak district at an investment of Rs 3465 crore.

The Orissa Minerals Development Company Limited has evinced interest for a two million tonne per annum beneficiation and pelletisation plant at Dalki in Keonjhar district at a cost of Rs 889 .

Following is excerpted from a report in indiainfoline.com.

The statewise breakup of investment under implementation as on June ’10 (Rs. Crores) has been Maharashtra (666065), Orissa (498190), Gujarat (487361), Andhra Pradesh (478612), Tamil Nadu (334960), UP (326356), Haryana (318488), West Bengal (288109), Karnataka (279033), Jharkhand (173008), Chhattisgarh (167557), Madhya Pradesh (165848), Kerala (126223), Punjab (115683), Rajasthan (84955), Bihar (59339), Jammu & Kashmir (44339), Himachal Pradesh (43928), Uttrakhand (38869), Assam (36124).

… The capital goods industry’s performance is mainly on account of spurt in investment activity in Haryana, UP, Kerela, Orissa and Uttarakhand in the first quarter of 2009-10.

… The rate of implementation (% share in total live investments) as per June 2010 in prominent states, has been the most in Haryana (81.5) followed by UP (70.6), Assam (65.9), Maharashtra (61.7), Punjab (60), Andhra Pradesh (58.5), Himachal Pradesh (56), Jammu & Kashmir (53.1), Kerala (51.9), Bihar (50.5), West Bengal (49.4), Tamil Nadu (47.7), Orissa (44.3), Chhattisgarh (40.6), Madhya Pradesh (40.2), whereas states like Uttrakhand (39.1), Gujarat (38.9), Rajasthan (34.7), Karnataka (32.7) and Jharkhand (28.2) are lagging behind in this aspect.

Envisioning the 150 km radius around Bhubaneswar in 20 years

Angul, Anugul- Talcher - Saranga- Nalconagar, Balasore, Balasore- Chandipur, Berhampur- Gopalpur- Chhatrapur, Bhadrakh, Bhubaneswar and vicinity, Bhubaneswar- Cuttack- Puri, Cuttack, Dhamara- Chandbali- Bhitarakanika, Dhenkanal, Ganjam, Jagatsinghpur, Jajpur, Jajpur Rd- Vyasanagar- Duburi- Kalinganagar, Khordha, Paradip - Jatadhari - Kujanga, Puri 5 Comments »

In 20 years (i.e., in 2030) the Bhubaneswar-Cuttack-Khurda population would be around 4 million plus. In addition the area would be surrounded by the following cities/towns within 150 kms radius (i.e., about a hour and half away).

  • Berhampur-Gopalpur to the south (with a then population of 1.5 million; about 145 kms away)
  • Puri to the south (with a then population of 700K; only 30kms away)
  • Kalinganagar to the North (with a then population of 500K; only 50 kms away)
  • Talcher-Angul to the West (with a then population of 500K; only 110 kms away)
  • Dhenkanal to the west (with a then population of 200K and almost in the periphery)
  • Paradip to the east (with a then population of 400K and 90 kms away)
  • Dhamara-Chandbali to the Northeast (with a then population of 200K and 140 kms away)
  • Bhadrak to the North (with a then population of 200K and 140 kms away)

A little farther is

  • Balasore-Chandipur to the North (with a then population of 300K and 162 kms away from the Northern end of Bhubaneswar-Cuttack-Khurda area)

In addition there will be several port towns other than the ones mentioned above and a few smaller towns (For example, Nayagarh)  within 200km radius of greater Bhubaneswar.

Besides individual CDPs for these areas the Odisha governement should start making plans for this larger overall area. It would form a different kind of megalopolis than New Delhi, Mumbai or Kolkata with a well planned hub (Bhubaneswar) surrounded by mini-hubs and with rural areas in between. I can not off-hand think of another such area in the world; may be the readers can point me to some. Please suggest what kind of plans need to be made. (Please note that for something to be up and running in 20 years, plans need to be made now.) For example:

  • Commuter trains at frequent intervals and the necessary infrastructure for that. Following are some of the segments
    • Bhubaneswar-Puri-Konark-Astaranga (Puri-Konark-Astaranga needs to be built; alternatively if Astaranga port comes up, then there may be a new line from Barang to Astaranga)
    • Bhubaneswar-Berhampur-Gopalpur (Berhampur-Gopalpur needs to be built)
    • Bhubaneswar-Jajpur Rd(Kalinganagar)-Bhadrak-Dhamara (Bhadrak-Dhamara is ready but no trains yet)
    • Bhubaneswar-Jajpur Rd(Kalinganagar)-Bhadrak-Balasore-Baripada
    • Bhubaneswar-Jakhapura(Kalinganagar)-Tomka (on the line to Kendujhargarh)
    • Bhubaneswar-Cuttack-Paradeep (ready)
    • Bhubaneswar-Dhenkanal-Talcher-Angul (ready)
    • Bhubaneswar-Khurda-Nayagarh and beyond (being constructed; part of Khurda-Balangir)
    • Angul-Talcher-Sukinda-Kalinganagar (being constructed)
  • Expressways linking these places
  • Fast buses linking these places
  • Fast airport shuttle
  • Some of these places would be connected by waterways including National Waterway 5
  • Express ring road around each of these places
  • Co-ordinated public transport in each of these places
  • ??

Please let your imagination run wild!

DPR of National Waterway 5 prepared

Angul, Balasore, Bhadrakh, Cuttack, Dhenkanal, Jagatsinghpur, Jajpur, Kendrapada, National Waterway 5 Comments Off on DPR of National Waterway 5 prepared

The following is from http://www.iwai.gov.in/mapnw5.htm.


Salient features of National Waterway No. 5 – Brahmani river & Mahanadi delta system along with East Coast Canal (NW-5)

Declared as National Waterway 5 (NW 5) on 25.11.2008

Detailed Project Report (DPR) prepared by M/s. WAPCOS

Length – 588 km.
River portion (371 km)
Canal portion (217 km)

Estimated Cost (at 2009 prices)
(i) Cost for development of River portion Rs. 2230 cr (Barrages- 1843 cr)
(ii) Cost of development of canal portion Rs. 1979 cr (Dredging- 1273 cr)
(iii) Total Cost Rs. 4209 crore

Period of Completion7 years
Land Acquisition:
in West Bengal – 846 Ha
in Orissa – 1172 Ha required
Estimated cost of land acquisition – Rs. 176 Crore

Details of dredging
River portion – 10.07 million cum
Canal portion – 44.77 million cum

Barrages
To maintain LAD of 2 m in the Brahmani river all through the year, 5 barrages with height equal to the highest flood level are proposed to be constructed at every 26 km between Talcher and Jokadia. Each barrage will have a navigational lock to allow passage of two 500 tonne vessels at a time.

Cargo potential
Coal from Talcher to Dhamra and Paradip ports is the most important potential cargo for this waterway. Immediately after the development of the waterway, it is estimated in the DPR that about 11 million tonne of cargo can be transported per year which can go up to 23 million tonne in next 15 years or so.

EIRR
River portion 31.77%
Canal portion 12.75%
Rive and canal together 23.75%

For Executive Summary of DPR click here

Push for micro, small and medium enterprises (MSMEs) in Odisha

Balasore, Balasore- Chandipur, Bargarh, Berhampur- Gopalpur- Chhatrapur, Bhadrakh, Business Standard, Cuttack, Dhamara- Chandbali- Bhitarakanika, Dhenkanal, Ganjam, Jajpur, Jajpur Rd- Vyasanagar- Duburi- Kalinganagar, Jharsugurha, Jharsugurha- Brajarajnagar- Belpahar, Kalahandi, Keonjhar, MSE - medium and small enterprises, MSMEs, Rayagada- Therubali, Rourkela- Kansbahal, Sambalpur, Sambaplur- Burla- Bargarh- Chipilima, Sundergarh Comments Off on Push for micro, small and medium enterprises (MSMEs) in Odisha

Following is an excerpt from a report in Business Standard by Bishnu Das.

To meet the infrastructure needs of micro, small and medium enterprises (MSMEs) on a priority basis, the Orissa government has reserved 20 per cent of the area in all industrial estates, industrial parks, industrial corridors and land banks for such units.

Further, the state-owned Industrial Infrastructure Development Corporation (Idco) will promote new exclusive zones for MSMEs in all major industrial hubs of the state.

The locations where exclusive industrial parks will be promoted include Kalinganagar, Barbil, Jharsuguda, Sambalpur, Dhenkanal, Rourkela, Baragarh, Balasore, Dhamara, Gopalpur, Chhatrapur, Raygada, Kalahandi and Choudwar.

Such exclusive zones will also come up near the Special Economic Zones (SEZs) in the state.

… The government has also decided that wherever land is provided to large and medium industries, 10 per cent of the land, subject to a maximum limit of 200 acres, will be earmarked for setting up MSMEs. This will facilitate the setting up of ancillary and downstream units, preferably in cluster mode, a source added.

… Sources said that Common Facility Centres (CFCs), to be set up by the Special Purpose Vehicle (SPV) constituted for the MSME clusters, would be entitled for allotment of land free of cost at various locations in the state.

… To provide assured sources of raw material for such units, the Orissa Small Industries Corporation (OSIC) and the National Small Industries Corporation (NSIC) will set up raw material banks.

The two organisations will act as nodal agencies for MSMEs and public sector resource companies will accord priority to OSIC and NSIC in supply of raw materials, which will be made available to MSMEs at the lowest possible rate.

PIB: CCEA NOD for Rs. 1156 crore Integrated Coastal Zone Management Project; 200+ crores for Odisha

Bhadrakh, Chilika, ENVIRONMENT, Ganjam, Jagatsinghpur, Kendrapada, Khordha, PIB - GOI, World Bank Comments Off on PIB: CCEA NOD for Rs. 1156 crore Integrated Coastal Zone Management Project; 200+ crores for Odisha

Following is from http://pib.nic.in/release/release.asp?relid=59882. The Odisha part and some other important parts are highlighted in red by me.

CCEA Decision

            The CCEA today approved a Rs.1156 crore World Bank assisted Integrated Coastal Zone Management (ICZM) Project.  This project is to be implemented over the next five years by the Ministry of Environment and Forests. The World Bank’s contribution as soft loan/IDA credit is around         Rs. 897 crore (78%).  This ICZM project assumes special significance in the context of climate change since one of the definitive findings of the IPCC relates to the increase in mean sea levels as a result of global warming.

            The ICZM project has four main components:

1.       National ICZM capacity-building at a total investment of about Rs.356 crore which will cover (i) mapping, delineation and demarcation of the hazard lines and delineation of the coastal sediment cells along the mainland coast of India; (ii) mapping, delineation and demarcation of environmentally-sensitive areas that require protection; (iii) establishment of a National Centre for Sustainable Coastal Management at Anna University, Chennai; and (iv) a nation-wide training programme for coastal zone management.

2.       ICZM activities along the Gulf of Kachchh and in Jamnagar District in Gujarat at a total investment of around Rs.298 crore.

3.       ICZM and wetland conservation activities in two stretches of the Orissa coast (i) Gopalpur-Chilika; and (ii) Paradip-Dhamra at a total investment of Rs.201 crore.

4.       ICZM activities in Sunderban, Haldia and Digha-Shankarpur regions of West Bengal at a total investment of Rs.300 crore.

 

The project would develop capacity and institutions to effectively implement the CRZ Notification 1991, to control pollution of coastal waters and to expand livelihood options for coastal communities. The elaborate and extensive exercise in hazard mapping along the 7500-km coastline, which is being done for the first time, by the Survey of India at cost of Rs.125 crore will greatly assist in protecting coastal communities and infrastructure located in coastal areas.

 

The total number of direct beneficiaries of the project is close to 15 lakhs, while the number of indirect but identifiable beneficiaries will be close to 6 crore. The initial set of three states have been selected on various grounds including pressure on coast, presence of critical ecosystems, risks of natural hazards, etc. The Asian Development Bank is supporting a less comprehensive shoreline management project in Karnataka, Maharashtra and Goa. It is envisaged that the second phase of ICZM would take up the other coastal states with project preparation in all remaining coastal states commencing immediately.

 

Of special focus in the project will be identification and demarcation of coastal fragile areas like mangroves, brackish water wetlands, coral reefs, etc based on which a new category of “Critically Vulnerable Coastal Areas”(CVCAs) would be designated and appropriate management plans implemented for their preservation and regeneration. These would include areas around Lakshadweep, Andaman and Nicobar Islands, Gulf of Khambat in Gujarat, Malvan, Vasasi-Manori,Achra-Ratnagiri in Maharashtra, Karwar and Coondapur in Karnataka, Vembanad in Kerala, Bhaitarkanika and Chilika in Orissa, Coringa, East Godavari and Krishna in Andhra Pradesh,Sunderban in West Bengal, Pichawaram and Gulf of Mannar in Tamil Nadu etc.

 

This is the second World Bank assisted project of the Ministry of Environment and Forests to be approved by the CCEA in the past two weeks. The first was a Rs. 350 crore project for initiating the process of remediation, rehabilitation and restoration of contaminated hazardous waste/municipal solid waste dumpsites in the country. There are over 120 such sites in different states and this project would be launched to clean-up 2 sites in Andhra Pradesh and 8 in West Bengal to begin with, apart from to prepare a national plan for remediation and restoration of all legacy contaminated sites which have become public health hazards.

 

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Newly built Dhamara port gets its first ship: Samaja

Bhadrakh, Dhamara port (under constr.), Dhamara- Chandbali- Bhitarakanika 2 Comments »

Single Window Clearance Committee of Orissa approves several projects worth 30,000 crores

Air separation, Aluminium, Ancilaries, Auto, Bhadrakh, Cement, Cold rolling mills, Cuttack, Dhenkanal, Ferro-chrome, Jajpur, Jajpur Rd- Vyasanagar- Duburi- Kalinganagar, Jharsugurha, Jindal, Kalahandi, Keonjhar, Ore pelletisation, Single Window Clearance (SLSWCA), Sonepur, Steel, Steel ancilaries, Sundergarh, Tathya.in, Thermal Comments Off on Single Window Clearance Committee of Orissa approves several projects worth 30,000 crores

Update: Following are some additional details from a report in Pioneer.

  • Amtech Auto Engineering would set up the complex at an investment of Rs 15,820 crore near Tangi- Choudwar. It would set up a two million tonne steel plant and 500 MW captive power plant in the complex. With this about 33,000 people will get both direct and indirect employment.

    It may be mentioned here that Jamsedpur-based RSB Trasmissions (I) Ltd, one of India’s leading auto components manufacturers, is coming up with an auto complex at Mania in Cuttack. RSB Transmission will invest Rs 430 crore in the project.

  • The committee also approved JK Cement‘s one million tonne capacity plant on the road between Athagrah and Choudwar.
  • BOC would set up an air separation plant at an investment of Rs 434 crore in Rourkela. It would produce oxygen, nitrogen and argons.
  • Bijaya Ferro Power Private Limited would set up a power plant at Keshinga in Kalahandi with an investment of Rs 550 crore. It would take water from Tel river to produce 120 MW power.
  • Ind-Bharat’s proposal to enhance its power production capacity has also got the nod of the committee. It would set up its plant at Jharsuguda with an investment of Rs 3,300 crore.
  • Facor would set up its captive power plant at Rahandia near Bhadrak.
  • Due to shortage of water, few plants have also changed their sites. Odisha Cement Power Plant (OCL) has shifted its plant site from Mania to Rajgangpur.
  • Jinadal Stainless Steel would set up its plant in Luni instead of Gajatara in Dhenkanal.
  • Kalinga Energy Power Limited would set up its plant at Jharsuguda instead of Sambalpur.
  • Scwal Brewage would set up its plant at Baranga instead of Choudwar at a cost of Rs 193 crore.
  • The Rs 1,320 crore Sahara Power project has shifted its plant to Ghantabahal from Turul.
  • German-based Gaunteman Pipery would set up its plant beneficiation plant and pelatisation plant. The beneficiation plant would come up at Barbil and the pelatisation plant at Dhamra. Around 1,605 crore would be invested in the project.
  • Aditya Alumina’s proposal to enhance its production from one million tonne to 1.5 million tonne. It would also enhance its power plant from 650 MW to 900 MW.

Following is an excerpt from Orissadiary.

The projects of Adhunic Metalics and Jindal Stainless Steel at Sundargarh and Kalinganagar, respectively have been approved. The SWCLC has also given its green signal for an air-separation plant. Projects, involving Vijay Ferrochorme and Power Pvt Ltd and Adhunic Power plant have been cleared.

Amtech Metals would establish the integrated auto-complex, first of its kind in the state. Moreover, an auto-park, steel and power plant would also be established in the complex. The cost of the entire project has been pegged at Rs 15,820 crore. All the projects are expected to provide direct and indirect employment opportunities to nearly 47,000 and 1.5 lakh people, respectively apart from bolstering the socio-economic conditions in those regions where the proposed projects would come up, state Industries Secretary, Sourabh Garg said.

Tathya has some details on the Adhunik group’s project. Following are some excerpts:

Adhunik Power & Natural Resources Limited (APNRL) has proposed to invest Rs.3883.40 crore for the 4×250 MW power plant in Birmaharajpur in Sonepur district.

… Adhunik Metaliks Limited (AML), another member of the Group has proposed to set up Down Stream Park for stainless and special products with an investment of Rs.286 crore.  … downstream industries in hot-rolling, cold-rolling utensils, kitchen and hardware.  AML has also proposed for stainless steel pipes and alloys, which received the nod.
The park will be set up at Kumarmunda in a 300 acre area in Sundargarh district.

AML is setting up steel plant at Kumarmunda with a capacity of 0.41 million ton per annum (MTPA).

Tathya has also some details on the JSL project. Following are some excerpts.

JSL Limited posed a proposal to set up a Super Critical Thermal Power Station of 1320 (660X2) megawatt capacity, which has been cleared in the meeting. The Rs.4090 crore Greenfield project will be set up at Luni in Dhenkanal district.

Most importantly JSL, which is setting up a 3.20 million ton per annum (MTPA) capacity stainless steel plant at Kalinga Nagar has proposed to set up Stainless Steel Park (SEZ) with an investment of Rs.740 crore.  … The park will promote auto components, kitchen & life style, light engineering, white goods, cold rolling, pipes and tubes, and service centre. 300 acres of land for the park is needed for the park, which will have man power requirement of more than 2000, said sources. JSL plant is likely to produce stainless steel by end of 2010 and the park is also to be completed by the same time reveal the SLSWCA Report.

The above two downstream park proposals are most likely due to the recent government focus on those aspects, before giving mining leases. The govt. needs to make sure that the down stream parks indeed materialize as proposed.

Existing, Under Construction and planned ports of Orissa

Astaranga, Puri (Navayuga interested), Bahabalpur, Balasore (unlikely), Bahuda Muhana, Ganjam (many interested), Balasore, Baliharchandi, Puri (many interested), Barunei, Kendrapada (many interested), Bhadrakh, Chandbali, Chandipur, Balasore (Unlikely), Choumukha-Kirtania, Balasore (Creative ports, Chennai interested), Chudamani, Bhadrakh (Birlas interested), Dhamara port (under constr.), Ganjam, Gopalpur port (under constr.), Inchudi, Balasore (many interested), Jagatsinghpur, Jatadhari port (POSCO), Kendrapada, Overall Odisha, Palur, Ganjam (Future metals interested), Paradeep port, Puri, Talsari (Bichitrapur) - JSW interested 1 Comment »

Update:Tathya has a recent report on who is pursuing which port. Following is a table based on that info.

Port Company Interest in it
Talsari (Bichitrapur) JSW interested.
Kirtania (Subarnarekha mouth) Creative Ports signed MOU.
Bahabalpur DOD approval needed.  ???
Chandipur Defense Department objects.???
Inchudi IL&FS interested.
Chudamani Aditya Birla Group signed MOU.
Dhamara Tata Steel, L & T JV
Barunei Muhana Arcelor Mittal; Adhunik Metallics; SPI ports; Sical logistics; Mundra ports.
Paradeep Exists. PPL
Jatadhari Posco
Astaranga Navayuga group signed MOU. Shipyard proposed.
Baliharchandi Shyam group interested.
Palur Future metals; shipyard proposed.
Gopalpur OSL; shipyard proposed.
Bahuda Muhana (Sonapatipur) shipyard proposed. ???

 

Aditya Birla group signs MOU to build a port in Chudamani, Bhadrak

Bhadrakh, Birlas, Chudamani, Bhadrakh (Birlas interested), TOI, Economic Times, Wikimapia maps Comments Off on Aditya Birla group signs MOU to build a port in Chudamani, Bhadrak

Following is an excerpt from a report in Economic Times by Nageshwar Patnaik.

The Aditya Birla group on Thursday signed a MoU with Orissa government to develop a sea port on Build Own Operate [BOO] basis at Chudamani in Bhadrak district on an investment of Rs.1,500 crore.

The projected capacity of the port to be developed over four years will be three million tons per annum [MTPA] in the first phase. This will be expanded subsequently to 10 mtpa.

The port will have two berths, and will handle bulk cargo such as cement, aluminium, iron ore, thermal coal, limestone, gypsum, clinker and copper. The port will be connected by a rail corridor from Markona Station to port site.

  … "In this port, directly or indirectly, about 5,000 people will be employed. By operation of the port, the state government will get revenue about Rs.20 crore per annum."

Mr Patanik hoped that the port promoter would work with the district administration and other agencies to plan and develop a port-based industrial township. …

Speaking on the occasion, Aditya Birla group executive president, Ravi Kastia said, "… We are confident that the Aditya Birla Group’s experience in putting up as many as six port facilities in the Western Coast, backed by the unstinting support of the Government of Orissa, will help us create a much required port in the state."

Dhamara and Astaranga close to be chosen as the sites for the 2nd and 3rd UMPP in Orissa

Bhadrakh, Dhamara- Chandbali- Bhitarakanika, New Indian Express, Indian Express, Financial express, Puri, Thermal Comments Off on Dhamara and Astaranga close to be chosen as the sites for the 2nd and 3rd UMPP in Orissa

Following is an excerpt from a report in Financial Express.

The proposed port town of Dhamra in Bhadrak district and the coastal village of Astaranga in Orissa are going to get two ultra mega power projects (UMPPs). The Centre, which has awarded two more UMPPs to the state besides the one at Sundergarh, is zeroing in on these two sites for the proposed projects.

A high-level team of experts and officials from the Central Electricity Authority (CEA) and Power Finance Corporation (PFC) identified the two sites after examining five possible sites located near the coast in the state. The five sites are Kirtaniya (on the mouth of the Subernarekha river) in Balasore district, Dhamra in Bhadrak, Paradip in Jagatsinghpur, Astaranga in Puri and Ganja in Ganjam district.

…  The CVR Navayuga Group has signed an MoU with the Orissa government to set up a 60 million tonne cargo handling capacity port at Astaranga with an investment of Rs 6,000 crore in three phases. The Hyderabad based company is also proposing to set up a 2×660 mw coal-fired thermal power plant and a 12 million tonne steel plant near the port.  

A state government official said DPCL and the Navayuga Group has no objection to the UMPPs coming up near their ports. The two UMPPs with 4000 mw capacity each will be developed through special purpose vehicles promoted by the Power Finance Corporation (PFC) with a proposed investment of Rs 32,000 crore.