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Following is an excerpt from a report in Times of India. 

… the state government signing three fresh MoUs for setting up units, taking the total proposed capacity of output to 75.66 mtpa, involving a total investment of nearly Rs 2,00,000 crore, official sources said.

With this, the number of MoUs for establishment of steel units touched 49, including 11 for mega projects. Besides MoUs with the largest steel maker in the world Arcelor-Mittal and South Korean gaint Posco, the government had signed agreements with domestic firms such as Jindal, Tata Steel and others for mega projects.

All the MoUs were signed during the last six years, they said, adding 26 steel projects had already become partially operational while the mega ones were facing land acquisition problem.

The production capacity so far achieved by these companies was 3.96 mtpa in sponge iron, 0.45 mtpa of pig iron and 3.32 mtpa of steel, besides 308 mw captive power plant.

said the three companies would produce one million tonne of steel per annum.

The companies which signed MoUs are Pradhan Steel and Power Private Limited, Atha Mines Private Limited and Tecton Ispat Private Limited.

While Pradhan Steel proposes to set up a 0.50 mtpa steel plant in over 460 acre land with an investment of Rs 606 crore at Dhurusia in Cuttack district, Atha Mines would set up a 0.25 mtpa capacity unit at an investment of Rs 291.60 crore at Tarkabeda in Dhenkanal district. Tecton Ispat would set up a 0.25 mtpa steel unit over 150 acre of land at an investment of Rs 227.13 crore at Tarkebeda in Dhenkanal district.

Following is an excerpt from a report in Pragativadi.

The meeting …accepted two out of the eight project proposals.

The meeting decided that the state government would seek necessary environmental clearance from the Indian Bureau of Mines (IBM) before giving the nod to any proposal for new thermal plants in the Angul-Talcher belt.

Briefing newsmen after the meeting, industry secretary Ashok Dalwai said that state government had asked the IBM to make a detailed study on the environmental sustainability of the Angul-Talcher areas.

He said that the meeting, while discussing about the setting up of a number of thermal plants in the state also took note of the searing heat in this industrial belt during summer.

The Committee gave its nod to Jindal Photo Ltd’s proposal to enhance its power production capacity from 1,000 MT to 1,200 MT in its proposed plant at Angul.

The SLSWCC also approved the Well Spun Power and Steel Ltd’s proposal to set up its ore beneficiation and pelletisation plant at Dhamra.

The company aims to produce ductile iron and spiral iron from this plant, for which Rs 1,830 crore would be invested.

The company has asked the state government to arrange 2,000 acres of land.

The state government will scrutinise the land requirement proposal. The company had earlier inked an MoU with the state government to set up a 3-MT plant at Angul.

The following is from Samaja:

Following are excerpts from a report on this in Business Standard.

National Aluminium Company (Nalco), the largest producer and exporter of aluminium in the country, plans to set up an aluminium park at Angul to boost consumption of the metal within the state.

Most of the aluminium produced by the public sector blue chip company, at present, is either exported or sold outside the state for further value addition. Out of the average 30,000 tonnes of aluminium produced per month by Nalco’s smelter at Angul, 28,000 tonnes are dispatched outside the state, with only 2,000 tonnes being consumed in the state.

The proposed aluminium park is expected to increase the metal consumption within the state to at least 20,000 tonnes per month, says CR Pradhan, chairman and managing director of Nalco.

He said both national and international aluminium players would be invited to set up downstream units in the proposed park to facilitate more metal sales within the state. Nalco has approached the Industrial Infrastructure Development Corporation of Orissa (IIDCO) to acquire about 1,000 acres to be handed over to it for the purpose.

Meanwhile, Nalco’s plan to set up a second smelter plant along with a captive power plant in Orissa depends on the company being allotted additional bauxite mines and coal block for the project. …

Allaying all apprehensions regarding delay in the ongoing expansion project of Nalco, both at Angul and Damanjodi facilities, he said they would be completed within stipulated time.

Economic Times reported

Ferro Alloys Corporation (FACOR) will invest about Rs 2,500 crore to set up a greenfield steel plant besides two power plants in Orissa.

With a cash outlay of Rs 2,500 crore, the group plans to set up a greenfield stainless steel plant in Orissa, a 45-MW captive coal-fired power plant and a 250-MW coal based independent power plant in Orissa,” CMD FACOR R K Saraf said here.