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Following are excerpts from a report on this in sify.com.

Stemcor India, which is setting up a Rs 1,500 crore iron ore pelletisation project in Orissa, achieved financial closure, securing Rs 960 crore debt with SBI Capital Markets as the lead arranger.

Stemcor India, a subsidiary of Stemcor, the London-headquartered $5 billion steel trading major headed by Ralph Oppenheimer, will fund the remaining Rs 540 crore through equity in setting up a 4 million tonne pellet plant in Kalinganagar.

This will be connected by a 220-km slurry pipeline to Barbil, in Keonjhar district, the heart of private iron ore mining in Orissa, where a beneficiation unit would be located.

Senior Stemcor India officials said that with the financial closure, the first tonne of pellets would be out in 2009.

Several steel companies, already in Kalinganagar or implementing projects, have submitted letters of intent to source raw materials from Stemcor.

The demand is such that the order book for at least 75 per cent of the projected capacity has already been secured.

The company plans to set aside 25 per cent of output to be placed in the spot market to benefit from rising prices of pellets.

Officials said that while the prices of pellets would be on a negotiated basis with customers, lump ore price charged by NMDC Ltd, the state-run mining major, would serve as a benchmark price for the domestic market.

Kalinganagar is the destination for many steel companies like Tata Steel, Visa Steel, Bhushan Steel, Jindal Stainless, Murugappa group and Maharashtra Seamless.

Many of these companies, which do not have mining linkages, are obvious customers of Stemcor pellets.

… In the domestic market, smaller non-integrated steel plants, which typically have blast furnaces but no iron ore plant or sinter plants and do not have resources to invest in pelletisation, would source raw materials from Stemcor.

Also, metallurgically, a combination of lumps and pellets fed into blast furnaces can increase steel production substantially. The Orissa beneficiation and pelletisation project is Stemcor’s second plant after a 6 million tonne plant in Tasmania.

In 2000, Stemcor had entered into a joint venture with Essar for a pelletisation plant in Vishakapatanam but later sold a 51 per cent stake to Essar.

Following is an excerpt from a New Indian Express report on this.

Hotel Hindustan International Group announced its arrival in the city with HHI Bhubaneswar having 104 luxury rooms in four different categories, a spa, banquet, dedicated swimming pool and a lawn over a sprawling 11,000 sq ft.

The star hotel which promises to provide quality services is looking to tap the ever-growing business class travellers from across India and abroad. For a start, each room will have plasma TVs, Wi-Fi connectivity and toilets with four compartments besides other amenities.

The hotel, at Kharvela Nagar where once another such property stood, has seen an investment of Rs 50 crore and boasts of a total makeover.

It has a dedicated “kebab centre” called “Kebaabs Unlimited”, a 24-hour multi-cuisine restaurant “Flavours”, “The Lounge Bar” besides business centre facility. Underground, a party floor, will soon add to the charm. HHI Bhubaneswar is the group’s third unit …

Jaiswal said that the group was planning a beach resort at Puri and is in talks with the Orissa Government for this.

Following are excerpts from an Economic Times report on this.

Monnet Ispat and Energy Limited on Friday said it plans to enhance capacity of its proposed steel unit from 0.3 MTPA to 2.5 MTPA and apprised the state government of the same.

The company’s managing director Sandeep Jajodia, who met Chief Minister Naveen Patnaik here, told reporters an integrated power project and a small steel unit in Orissa would be set up with an investment of Rs 4,200 crore.

The company had already acquired 450 acre out of its total requirement of nearly 1200 acre at Mangalapur, nearly 30 km from Cuttack, Jajodia said.

He said that the company’s proposed 1,000 MW thermal power plant was expected to be commissioned within three years.

“We have already acquired land for the purpose. Construction work for the project would start within 12 months after getting some more land,” Jajodia said, adding that the company would sign another MoU with the state government relating to capacity enhancement of its steel unit.

He said the company would first go for the power unit before starting the steel project. …

Following is some background on the WORLP from their web page.

WORLP

Western Orissa Rural Livelihoods Project (WORLP) works in four districts of the east Indian State of Orissa. The project was inaugurated in August 2000 by the Hon’ble Chief Minister, Shri Naveen Pattanaik. Full-scale field implementation activities began in October 2001. The four project districts; Bargarh, Balangir, Kalahandi and Nuapara are among the poorest in India. Health indicators are poor, there is a shortage of safe drinking water and drought recurs regularly. Inequitable social structures, distorted land distribution, indebtedness, and gender and other inequities contribute to the widespread poverty in western Orissa and impede access by poor and marginalised people to resources.

Supporting new patterns of rural development, WORLP contributes to reducing poverty by promoting livelihoods initiatives for the poorest. The livelihoods approach adopted by WORLP focuses on building, and working with, people’s existing strengths and resources. The approach is about informing, enabling, initiating and empowering appropriate choices for long-term well being. It involves all sections of rural society across caste, class, gender and other divides.

WORLP, a Government of Orissa initiative, is managed by the Orissa Watershed Development Mission. It is a joint venture of the Government of Orissa and DFID – the UK Department for International Development. Technical assistance to the project is provided by NR International of UK.

Earlier we mentioned the Shipyard proposal by Bharti shipyards and the Apeejay Surendra group. Following are some more details, excerpted from a Kalinga Times report.

Orissa is all set to have a shipbuilding factory at Charidiha near Dhamra mouth in Bhadrak district of the State. It will be the first such private sector venture in eastern India.

The Apeejay Surrendra Group and Bharati Shipyard Limited would set up the ultra-modern ship-manufacturing factory jointly with an investment of Rs 2,200 crore.

The factory will have both ship-manufacturing as well as repairing facilities. The project would create job opportunity for 41000 people directly and indirectly. …

Work on the project will commence in middle of 2008 and the same would be implemented in three phases to be completed by the end of 2013.

The growth taking place in the steel sector in Orissa would be of great helping for the shipbuilding factory.

In the first phase, 75000 tonnes of steel will be used for establishing the ship making factory. In the second phase, the project will require 2,30,000 tonnes of steel, and 4,50,000 tonnes in the third phase.

The government said that the company would also set up an industrial training centre at Dhamra area to train its prospective employees.

Dhamra has already been news as the Dhamra Port Company Limited (DPCL), a joint venture of L&T and Tata Steel, has already started groundwork for setting up of a deep port at the Dhamra mouth.

…

The Apeejay Surrendra Group has also expressed its willingness to set up a research and design centre and a Knowledge Park at Bhubaneswar, the government said.

The Knowledge Park would have a school as well as higher education on subjects such as business management, hotel management, fashion designing, food technology, and nutrition science and nautical science.

Following are excerpts from a report in the New Indian Express.

Bhubaneswar: … L V Prasad Eye Institute here on Wednesday opened three new specialised eye centres. They are ‘Centre for diabetic eye disease,’ ‘Centre for sight enhancement’ and ‘Eye trauma centre.’

… The ‘Centre for diabetic eye disease’ would play a critical role in attending to diabetic patients suffering from visual disability. It is estimated that about 5.7 million people in India alone suffer from ‘diabetic retinopathy.’

It is preventable and can be treated. All that a diabetic individual needs to do is consult a physician in such centre for annual retinal examination and early detection of diabetic retinopathy. Such a step would significantly reduce the risk of visual loss in diabetic individuals.

National Thermal Power Corporation has donated about Rs 2 crore for setting up the three centres. The ‘Centre for sight enhancement’, similarly, promises quality treatment for children suffering from low vision. Estimate suggests that about 2.70 lakh children in India suffer from this defect.

In fact, congenital conditions such as ‘hereditary macular degeneration,’ ‘congenital glaucoma’ and ‘congenital eye’ anomalies account for the majority of visual impairment seen in children.

With the opening of the ‘Eye trauma centre’, the hospital aims to provide a comprehensive one stop care to patients with eye injury. Over a period of time, the institute plans to extend this to a 24X7 service, as in most of the accident cases, one needs immediate treatment to salvage the vision.

On the occasion, L V Prasad Eye Institute director Dr T P Das said the institute is contemplating to set up a school for eye care professionals in the next five years.

The institute provides 25 percent of outpatient services and 40 percent surgeries free of cost.

Following is an excerpt from a New Indian Express report on this.

Expanding its business portfolio, the Kolkata-based Saraf Group, promoters of Forum Mart shopping malls, has now decided to set up a titanium plant at Chhatrapur in Ganjam district.

The plant will be set up over 600 acres of land at an investment of Rs 2,000 crore in collaboration with the Russian Government. Production is likely to start by 2009- end.

This was disclosed by Saraf Group chairman S M Shroff while talking to mediapersons here on Tuesday. He said the project had received approval of the State Government and an MoU would be signed soon. The company had already acquired 200 acres.

He also announced setting up of two more shopping malls in the State, buoyed by the success of Forum Mart here. Both the malls – to come up in the Capital city and in Berhampur, would also have four-screen multiplex. The projects are likely to be completed by 2009-end.

Rediff reports that the new SEZ policy has been announced by the Govt.

Excerpts”

The National Policy on Rehabilitation and Resettlement, 2007, which was cleared at a meeting of the Union Cabinet chaired by Prime Minister Manmohan Singh, provides for land-for-land compensation, besides preference to affected families for jobs in projects coming up on their plots.”“The new policy seeks to make those entitled for compensation stakeholders in development by allowing them to take up to 20 per cent of the amount in the form of shares if the acquiring entity is authorised to issue these instruments.

“With prior approval of the government, this proportion can be as high as 50 per cent of the rehabilitation grant and compensation amount,” the Rural Development Ministry said.

The policy discourages speculative transactions of land acquired for public purposes. As a relief for developers, 30 per cent land can be compulsorily acquired by states for the promoters while the rest has to be bought by them.”

Reliance has welcomed this policy. It remains to be seen what implications this has on POSCO which wants SEZ status for it’s project.

Following is an excerpt from a report in Telegraph.

Orissa, one of the major coal producing states in India, would get a second ultra mega thermal power project to be set up at an estimated cost of Rs 16,000 crore.

The Union power minister, Sushil Kumar Shinde, made this announcement …

Shinde said he had discussed the proposal with chief minister Naveen Patnaik today and he had agreed to it.

The Union minister did not specify the location of the proposed ultra mega power project.

However, he said it would be set up somewhere along the coastal belt.

This would be the second ultra mega power project in the state. Earlier, a 4,000MW ultra mega power project to be set up in Sundargarh district was cleared by the Centre.

Shinde said the entire coal required for the second ultra mega power project would be exported from abroad, while captive coal block had been allotted for the first plant.

Land and other inputs like water would be provided by the state government, said the state energy minister, Surya Narayan Patro.

The Centre has proposed to have 10 ultra mega power projects across the country with a capacity of 4,000MW each to bridge the gap in meeting 11th plan capacity addition target.

… “We will achieve the 78,579MW power addition target in the current Five Year Plan. The government would invest Rs 10,00,000 crore to achieve the capacity addition target and we would try to cross this target in this plan period,” he said.

This has been reported in Tathya.in, Kalinga Times, and Odisha.in so far. Odisha. in has the two letters.

• Letter to the PM
• Letter to the CM

We appeal to the readers with interest in Orissa to contact their local organization (Outside Orissa, the local Orissa/Oriya/Kalinga organization) and through them send a similar letter to the PM and CM at the earliest. The planning commission has been asked by the PM on September 14th to make the location decisions in two months. So time is running out on this.

Following are excerpts from a New Indian Express report.

Work on the Genetech City, the proposed bio-technology park at Andharua, on the outskirts of the city, will start from December if things go as per schedule.

The bio-technology park will be developed in PPP mode through competitive bidding route and the Science and Technology Department has invited tenders from private firms for development of the park on 54 acres provided by the State Government.

Eight developers – Akruti Nirman Limited, Mumbai, Eldeco Infrastructure and Properties Limited, New Delhi, Bharat Biotech Infrastructure, Hyderabad, TCG Urban Infrastructure and Holding Ltd, Mumbai, Ambience Developers and Infrastructure Pvt Ltd, New Delhi, Bhubaneswar Entertainment World Developers, Indore, Ramkey Infrastructure Ltd, Hyderabad and Unitech Limited, Kolkata have bided for the project.

The bidders have been asked to make their presentation to the Government on the project and bid selection will be completed by the end of this month, official sources said.

While 25 acres of the Genetech City will be used as bio-technology and pharmaceutical corridor, an information technology centre will be developed on another 15 acres. A bio-tech incubator centre will be developed on an area of 10 acres, sources said. IDCO has been entrusted with the job of infrastructure development of the park.

Following are excerpts from a New Indian Express report on this.

Tata’s budget hotel chain Ginger is expected to open doors to foodies in Paradip and Konark by the end of 2008.

Chief executive officer of Roots Corporation, Prabhat Pani said, they have already acquired one acre of land each in both these towns and would start construction in the next two months. Plans are also afoot to come up with a Ginger hotel in industrial towns like Jharsuguda, Angul and Kalinga Nagar in the next couple of years.

Roots Corporation is a wholly owned subsidiary of Tata Group and manages the Ginger chain of hotels. The company entered into the State in September last year with the launch of Ginger in the city.

Following is an excerpt from a New Indian Express report on this.

A three member survey team of the Airports Authority of India (AAI) on Friday made a spot assessment of the Rourkela airstrip to find out the feasibility of re-introduction of air connectivity to the city.

Led by senior civil aviation consultant and former executive director of AAI D P Chakravorty the team comprised Air Traffic Controller (East) Timir Bandhopadhyay and AAI’s Chief of Communication R K Chandra.

They have reportedly expressed satisfaction over the existing infrastructure.

The team found the airstrip infrastructre here better than that at Ranchi and Jamshedpur. The team, however, felt the need for a passenger terminal besides further strengthening of the existing fire services.

The Chairperson of the Railway board, in Bhubaneswar for the Railways athletic meet, met various Orissa government officials. Following are excerpts from various newspapers report on the meeting.

Statesman:

The state government would provide land for the proposed general stores depot of the east coast railway at Mancheswar.

The proposal was taken in a meeting between the chief minister Mr Naveen Patnaik and the railway board chairman Mr KC Jena here today. It is hoped that this particular endeavour would assist the small entrepreneurs to a great extent.

The state government has also promised to provide land for beautification of the entrance to the Bhubaneswar railway station.

Mr KC Jena informed the chief minister Mr Naveen Patnaik that a survey is being conducted for running of passenger trains on the Daitari- Banspani route and the certificate of the commissioner for railway safety is being awaited.

Issues pertaining to the development of the railways in the state like expediting of the important railway projects of the state, increasing the allocation, setting up of special purpose vehicles for Haridaspur-Paradeep and Angul-Sukinda railway projects and passenger amenities were the topics discussed in the meeting.

The establishment of a world-class station at Baranga also formed a part of the discussion. The chief secretary Mr Ajit Tripathy of the east coast railway, the general manager Mr SS Khurana, the secretary to chief minister Mr BK Patnaik, the commerce and transport secretary Mr P Patnaik were present in the meeting.

Pioneer:

During the meeting, discussions were also held for speedy implementation of the Khurda Road-Bolangir new broad gauge rail link and Lanjigarha Road-Junagarh rail link project.

The Government also urged the Railway Board chairman to expedite the Bargarha-Nawapara Road -via- Padmapur railway link, Jeypore-Malkangiri railway connection, extensions of Nuapada- Gunupur broad gauge rail link to Theruvali and formation of a special vehicle for the Angul-Dubri-Sukinda Road broad gauge rail link project.

The State Government also took up the issue to introduce more pantry cars on passenger trains. The Government also urged the Railway Board chairman to introduce more AC coaches in the Tapswini and Puri-Raipur Express.

Prior to the meeting, Sambada had published the following as the agenda of what Orissa government will discuss with Mr. Jena.

Update: The Orissa government tourism home page has a link to the list of tourist spots in Orissa.

In 2002-03 Raghurajpur (in Puri district) was the first village to be put in this list. This was followed by Pipli (in Khordha district) in 2004-05 and Khiching (in Mayurbhanj district) in 2005-06. The four new villages that are being added are Hirapur (in Khordha district), Barapali (in Baragarh district), Padmanavapur (in Ganjam district) and Deolajhari (in Angul district). Hirapur is famous for the 64 Yogini temple and the villages around it also make a lot of bronze utensils and artifacts. Barapali is famous for Pata Sarees – Sambalpuri style, while Padmanavapur is also famous for Pata Sarees – albeit of a different style. Deolajhari is near a waterfall. Following is Dharitri’s report on this.

Ranchi express reports that TATA M.D. B. MuthuRaman claims that Orissa is the ideal destination of investment growth among mineral rich states. Excerpts:

” Pleased with the progress of the company’s Kalinganagar (Orissa) project- especially with the approach of the Navin Patnayak government towards industrial development- Tata Steel Managing Director (MD) B.Muthuraman on Wednesday declared the mine-rich State as an ideal destination for investment growth.

“Of the three states- Jharkhand, Orissa and Chattisgarh- where we have announced Geenfield projects, Orissa a doing very well in terms of industrial development. I see the State develop immensely in the next few years,” Muthuraman said at an informal gathering at Beldih Club here.

Tata Steel is setting up a 6-MT Greenfield project in Orissa, besides Korean Steel Giant Psoco and Arcelor-Mittal have also signed MoUs with Patnaik government for setting up a 12-MT Greenfield project each. Among the three, the Tata Steel project may complete early as the company has made much headway in its mission in the last few months.”

” Pleased with the progress of the company’s Kalinganagar (Orissa) project- especially with the approach of the Navin Patnayak government towards industrial development- Tata Steel Managing Director (MD) B.Muthuraman on Wednesday declared the mine-rich State as an ideal destination for investment growth.

“Of the three states- Jharkhand, Orissa and Chattisgarh- where we have announced Geenfield projects, Orissa a doing very well in terms of industrial development. I see the State develop immensely in the next few years,” Muthuraman said at an informal gathering at Beldih Club here.

Tata Steel is setting up a 6-MT Greenfield project in Orissa, besides Korean Steel Giant Psoco and Arcelor-Mittal have also signed MoUs with Patnaik government for setting up a 12-MT Greenfield project each. Among the three, the Tata Steel project may complete early as the company has made much headway in its mission in the last few months.” This is in contrast to TATA local head B.D. Panda’s opinion a few days back , that Orissa is notthe frontline state for investment and Bengal is a preferable option.

This could also be construed a favourable response after the NDTV report talking about TATAs sitting on most high quality iron ore in Orissa.

Also, since the news item was in Jharkhand we should look at this news from a competitive perspective.

Following is an excerpt from a New Indian Express report.

The Assembly Committee on Industry has suggested that dedicated industrial parks should be set up for micro, small and medium scale industries in Kalinga Nagar, Jharsuguda, Paradip, Rayagada, Angul and Dhenkanal in view of the large number of mega industries coming up in several industrial zones in the State.

In its latest report, the committee said such parks should be specially earmarked for ancillary and downstream industries. It observed that considering the importance of the small and medium enterprises in employment generation and economic growth of the State, priority attention should be given for the revival and promotion of these sectors.

Official sources maintained that till November, 2006, investment in these two sectors had touched Rs 2,652.8 crore with employment generation of 5.48 lakh. Cluster approach has been adopted for development of small scale industries and major clusters have been identified for development and marketing linkage with the assistance of United Nations Industrial Development Organisation (UNIDO).

The panel, however, observed that though 45 MoUs had been signed for establishment of steel plants in the State, progress has not been satisfactory. Of these, 20 companies have invested Rs 12,085 crore and started commercial production by December, 2006. These companies have created direct employment opportunities for 9,131 persons.

In the steel sector, investment has been estimated at Rs 1,86,499 crore with a total capacity of 73.43 million ton per annum. In the aluminium sector, two companies have signed MoUs with a proposed investment of Rs 25,000 crore.

Indian Oil Corporation is also setting up a refinery and petrochemical complex of 15 million ton capacity per annum with an investment of Rs 25,000 crore. Official sources said a chemical and petrochemical investment region is proposed to be set up at Paradip.

The committee has suggested that polytechnics should be established in all districts of the State and industrial training centres in all the block headquarters.

Besides, the 10 ITIs in the State should be upgraded gradually with 75 percent Central assistance, it added.