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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.

Following is an excerpt from a report in Business Standard.

… "After completing the official procedures, we will sign an MoU for the CTL project involving an investment of Rs 42,000 crore," JSPL Executive Vice-Chairman and Managing Director Naveen Jindal told reporters after a meeting with Chief Minister Naveen Patnaik here this evening.

…Stating that he discussed with the chief minister the group’s four projects comprising the Rs 52,000-crore steel plant, a thermal power plant involving Rs 6,600 crore, the Rs 42,000-crore CTL plant and an industrial complex envisaging an investment of Rs 500 crore, Jindal said a total of Rs 1,01,100 crore would be invested in Orissa over the next decade.

"We also discussed (with the chief minister) on our proposal of enhancing steel capacity from 6 million tonne per annum (mtpa) to 12.5 mtpa," he said, adding the department of steel and mines is likely to list this project for consideration of the task-force by the end of July.

Jindal said, on completion, "about 80,000 barrel of oil per day will be manufactured from the proposed CTL plant." The project is likely to be listed in next task-force meeting in July itself, he added.

… Earlier, the Tata Group, in collaboration with Sasol of South Africa, had evinced interest in setting up a similar coal-to-liquid plant in the state.

… Jindal indicated to set up the unit in Angul district where its steel plant is being built.

JSPL, which had already been alloted a coal block in the state, would complete its proposed CTL petroleum project in eight years, a company executive said, adding about 32,000 would get employment in the project.

… While many mega industries face difficulties in implementing their MoUs, the JSPL chief said his company got support of the local people in Angul district.

Besides these four mega projects, JSPL is also working on setting up an engineering college and a power training institute, Jindal said adding the company is committed to recruit local youths in its plants.

Following is an excerpt from a report in Telegraph.

The government has awarded the country’s first two coal-to-liquid-petroleum projects to the Tatas and Jindal Steel and Power.

Both the projects, estimated to cost $6-8 billion each, will come up in Orissa.

The Union coal ministry has allotted the Ramchandi block to Jindal Steel and Power Limited (JSPL) and the north Arkhapal block to Strategic Energy Technology Systems Ltd, a 50:50 joint venture between Tata Sons and Sasol of South Africa.

…Jindal Steel will use the technology of Germany’s Lurgi, while the Tatas will depend on Sasol’s expertise.

In each project, annual production is estimated at four million tonnes based on the daily production of 80,000 barrels.

The process involves the gassification of coal to produce synthetic gas, which is then converted to crude through different technologies.

Given the quality of Indian coal, crude from this process will cost $55-60 a barrel, about 50 per cent more than the current price of $40 a barrel.

However, the project will take at least six years to take off, and crude prices are likely to rule higher than the current levels.

“When a project of this magnitude is being conceived for 25-30 years, one does not only look at current economics,” a JSPL official said.

The process also involves the washing of coal, and the waste thus produced will be used to produce power. JSPL said the project would help it generate 1,350MW of power.

The crude oil produced from coal is expected to be low on sulphur. The bulk of the fuel will be diesel, which is consumed 5 times more in India than petrol.

JSPL’s proposed unit will be located at Kishore Nagar in Angul district of Orissa. The site has been selected keeping in mind the availability of water and rail and road connectivity.

…  JSPL is also building a 6mt steel plant at Angul. Tata Steel, too, plans to set up a unit in Orissa. JSPL said it had already placed the order for two coal gassifier units for the upcoming steel plants at Angul and in Chattisgarh.

Myiris reports on this. Following is an excerpt.

Rashtriya Chemicals and Fertilisers (RCF) may be forced to go ahead with a Rs 35 billion coal-to-gas project at Talcher in Orissa to feed its plants, …

RCF has tied up with Reliance Industries and Oil and Natural Gas Corporation (ONGC) for supplying gas. There may be delays due to the Reliance gas pricing issue yet to receive an approval from the centre.

The company is also in talks with Gail India for fuel supply. If the availability of gas become an issue, then it might think of setting up the Talcher project.

Talcher is the most viable site in terms of infrastructure, facilities and proximity to coal mines. The latest coal gassification technology will be utilised to allow the use of coal with high ash content of up to 30-35%.