___________

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.

Following is an excerpt from a report in Business Standard.

The Phase-I of the PCPIR project needs 48,268 acres (195.34 sq km) in all out of which 22,232 acres (89.97 sq km) would be devoted to processing facilities while the balance 26035 acres ( 105.37 sq km) is the area set aside for non-processing facilities. Phase-I of the project is scheduled to be taken up during 2010-2020.

The entire project which is set to be completed by 2030, needs 70,214 acres (284.15 sq km) of land which includes 30,397 acres (123.01 sq km) of processing area and 39.817 acres (161.14 sq km) of non-processing area.

Priyabrata Pattnaik, chairman and managing director of Idco said, “Idco has filed requisition for acquisition of 90 per cent of land needed for the first phase of the PCPIR project. Out of the processing area of 123.01 sq km, 41.95 sq km is under operational units and almost 42.68 sq km (10,546.22 acres) has been acquired or is under acquisition by Idco, balance area of 38.38 sq km needs to be acquired.”

He was speaking at an awareness session on ‘Regulatory Framework of Petroleum and Natural Gas Regulatory Board (PNGRB) for Petroleum and Natural Gas Sector’, organized by the Confederation of Indian Industry (CII).

Of the non-processing area of 161.14 sq km, 20.92 sq km (5169.33 acres) are village settlements which has been integrated in the non-processing area and existing township of 19.08 sq km ( 4714.66 acres) included in the non – processing area.

Idco has also filed for land acquisition of 7,342 acres (30 sq km) for common infrastructure, utilities and accommodating downstream chemical converters and industries.

Meanwhile, as a part of developing rail connectivity within the PCPIR hub, it has been decided to set up rail freight stations (RFS) along with additional rail sidings at a total cost of Rs 80 crore in Phase-I and Rs 120 crore in Phase-II.

In Phase I, the RFS will be along Cuttack-Paradeep line which further connects to Paradeep port and Chennai-Howrah trunk whereas in Phase II, the RFS will be along Paradeep-Haridaspur line joining Chennai-Howrah trunk. The PCPIR project at Paradip is awaiting the in-principle approval of the Cabinet Committee on Economic Affairs (CCEA). After Andhra Pradesh, Gujarat and West Bengal, Orissa would be the fourth state to receive the approval for this prestigious project.

Indian Oil Corporation Ltd (IOCL) would be the anchor tenant of the project and it would set up a 15 million tonne per annum grassroot refinery cum petrochemical complex five km south of Paradip at a cost of Rs 29,777 crore. The refinery project is expected to be commissioned by March 2012 and stabilized by November 2012.

Following is an excerpt from a report in Financial Express.

The state-owned Industrial Infrastructrue Development Corporation (IDCO) chairman-cum-managing director, Priyabrata Patnaik, told reporters that the Union secretary urged the state government to provide land, water linkage and power supply besides other required infrastructrue for the project.

… The PCPIR project, which is going to spread over an area of 250 square kilometers at Paradip with the Indian Oil Corporation’s (IOC) oil refinery as anchor tenant, is expected to attract investment to the tune of Rs 2,75,000 crore.

The major chunk of investment, about Rs 23,000 crore, will come in petroleum and petro-chemical sector.

The project will generate employment opportunity for more than 2 lakh people when it is fully commissioned.

Following are some pointers on PCPIRs.

• Slides on the scheme.

Following is from Samaja:

Following is from a report in Economic Times:

Union minister of state for chemicals and fertilizer, Srikant Jena on Sunday said the fertilizer plant at Talcher, 126 km from here would be revived with an investment

of Rs 12,000 crore. It provided direct and indirect employment to 30000 people in the area.

“The government will appoint consultants to suggest the modalities to raise finance, identify appropriate technology to revive the closed fertiliser unit at Talcher”, Mr Jena told ET.

The union government already had decided to revive Talcher plant. In fact, last October the Cabinet had set up an Empowered Committee of Secretaries under the chairmanship of Fertiliser Secretary Atul Chaturvedi to come up with possible financial models for the revival of the closed plants at Talcher, Barauni, Haldia, Ramagundam, Durgapur, Gorakhpur, Korba and Sindri.

The Talcher plant had liabilities of over Rs 4000 crore and assets worth of Rs 225 crore. “The liabilities comprise of mostly loans from the government of India and interest on loans. This can be waived once all the modalities of revival are worked out. We propose to expand its capacity to 12 million ton per annum [TPA].

Commercial production of Ammonia and Urea at the Talcher unit commenced in November 1980. Urea and Ammonia plants have been designed with a capacity to produce 4.95 lakh and 2.97 lakh tpa respectively.

However production of Urea and Ammonia was first suspended from April 1, 1999 due to its economic non-viability. In 2002, it came to grinding halt after the NDA government decided to close the unit following BIFR sanction.

Last year, the union government decided to renew Talcher unit and consulted with the companies like the Rashtriya Chemicals and Fertilisers and National Fertilisers. It even decided to put in an investment of Rs 5,000 crore in the project in view of the ambitious target of production of 40 million tpa of urea by 2012.

… RCF is the only profit making public sector fertilizer company which has evinced interest to take over Talcher and Durgapur (West Bengal) Fertilizer plant for revival. In fact, the feasibility report on Talcher had already been submitted to RCF.

The revival plan included proposal to convert Talcher plant from a coal based urea plant to a gas-based urea unit with capacity to produce 2000 ton of ammonia per day. There is no problem of water in Talcher, non-availabilty of gas remains the biggest hurdle in the way of reviving the plant. There is no source of gas nearby.

The proposed gas pipe line to be laid by Reliance Industries carrying gas from Krishna-Godavari basin to West Bengal via Bhadrak in Orissa could be the solution, sources said. However, the ministry will take a final view after the consultants submit detailed report on the financial model and technological options available for the revival of the Talcher unit.

Following is from a report in Pioneer:

Union Minister of State for Chemicals and Fertilisers Srikant Jena has to push a few major projects for Orissa, feel industry watchers. One of the largest projects waiting for clearance is the Petroleum, Chemical and Petrochemical Investment Region (PCPIR) project at Paradip.

The State Government has proposed a PCPIR expecting an investment of Rs 2.75 lakh crore.

While PCPIRs have been approved for Gujarat, Andhra Pradesh and West Bengal, the fate of Orissa’s proposal for it is still hanging. The PCPIR policy, notified in April 2007, seeks to ensure adoption of a holistic approach to the development of global scale industrial clusters in the petroleum, chemical and petrochemical sectors in an integrated and environment-friendly manner.

The Government of Orissa has taken the Indian Oil Corporation Limited (IOCL) as the anchor investor. The IOCL is investing nearly Rs 30,000 crore for a greenfield refinery project at Paradip. The PCPIR proposal is, however, gathering dust in the files of the Ministry. So, it is high time Jena pushed the project to the Union Cabinet for approval by convincing the Cabinet-rank Minister MK Ajhagiri.

With this single clearance, Paradip will be in a position to attract huge investments in the petroleum, petrochemicals, fertilisers and other related areas. Similarly, Jena can push for the establishment of a NIPER (National Institute of Pharmaceutical Education and Research) in Orissa.

Following is an excerpt from a report in Telegraph.

The Centre had accorded provisional approval to five, proposed petroleum, chemical and petrochemical investment regions including the one being planned in Orissa and had asked if the state government would be investing in the project infrastructure.

The authority consented to invest Rs 2,700 crore on the infrastructure development, while the Centre and central public sector undertakings, including the Indian Oil Corporation, have already agreed to spend Rs 5,800 crore on this score.

In all, Rs 15,273 crore would be spent on the infrastructure development at the project site and on the periphery, official sources said.

According to the vision plan, the proposed region would be developed in an area spread over 250sqkm without any displacement. The areas concerned would be developed into modern “city villages”. The annual project turnover has been estimated at Rs 423,500 crore.

There would be a value addition of the petroleum-related products to the tune of Rs 43,000 crore and an equal amount in shape of export earnings. The total tax income has been estimated at Rs 42,000 crore, of which Rs 32,100 crore is expected to go to the state exchequer.

Following are extracted from a report in the Pioneer.

• the State Commerce and Transport Department, in its sanction order-29753, dated May 30, 1970, had allotted 3, 793.21 acres in the first phase and 2285.23 acres in the second phase to the Paradip Port Project. Most of the lands were obtained from Sandhakuda, Bijayachandrapur, Balijhari and Bhitaragara villages, under Kujang Tehsil. According to the official sources, about 6,889 acres of land were supplied to the Paradip Port Trust.
• The State Government had provided 62.19 acres of land to the Paradeep Phosphate Ltd, which is a fertiliser plant that started its project in 1982. The PPL had acquired 405 acres of private lands from Bhitaragada village on its own.
• … in Paradeep-Cuttack railway line 137 acres of land were acquired from the Bhitaragada village.
• Kujang Tehsil had about 1,500 acres of Government land in the Musadiha area that was provided to the Oswal Fertiliser Plant in the year 1995-96. The plant had also purchased about 500 acres of private land from the local people.
• … in 2000 Indian Oil Corporation had purchased 3,300 acres of private land from the local people of 17 villages for its refinery project, which was to be set up on the outskirts of Paradip but the project is yet to come.
• for much-hyped Haridaspur-Paradip Railway Project, widening of the NH-5 and recent expansion of Cuttack-Paradip State Highway, thousands of acres of both Government and private lands have been acquired from Kujang Tehsil.
• Essar, the 6 million tonnes steel plant project, moves for the land acquisition in Paradip and the project needs about 1,950 acres of land. The State Government has already given 350 acres of land to the plant. It will procure the remaining required land from private land.
• Posco has shown a demand of about 4,004 acres of land in Dhinkia, Gadakujang and Nuagaon villages for its steel plant and port project. The State Government has given assurance and has provided Posco most of the encroached Government and forestlands. The rest of the required land would be purchased from private landowners.

Deepika Global reports on Paradeep Phosphates’ record production this year. Following are some excerpts.

The Paradeep Phosphate Limited (PPL) has registered a record of 13.18 lakh tonnes production in last fiscal and earned a net profit of Rs 109 crores while raising its income to Rs 2067.2 crore. … of the total production the DAP alone accounted for 8.2 lakh tonnes.

Among the intermediary products, Phosphoric Acid, he said was 2,80,300 tonnes, registering an increase of 8.6 per cent over the previous year.

Similarly, Sulphuric Acid registered an increase of 3.4 per cent in comparison to last year with 7,60,610 tonnes.

He said in addition to 13.10 lakh tonnes production, the PPL also sold 1,42,152 tonnes of imported Mauriate of Potash (MOP), 3,13,470 tonne of Gypsum and exported 31,000 tonne of fertiliser to Nepal.

Mr Nandrudikar claimed that the Navaratna Krushi Vikas Yojana implemented in Orissa and Chhatishgarh had been very successful in increasing the yield with the use of improve techniques of agriculture.

Besides improving the agricultural productivity, the PPL had also undertaken mushroom cultivation and tissue culture of bananas in four districts, two each in Orissa and Chhatisgarh, he added. …

He said the company had already invested Rs 140 crores in first year and another Rs 142 crores last year further adding that it had decided to invest another Rs 140 crore during the current fiscal.