Archive for the 'Metals and alloys' Category
OMC and Vedanta joint venture South-West Orissa Bauxite Mining Private Ltd. is in the process of being formed
Aluminium, Anil Agarwal, Bauxite, Business Standard, Kalahandi, OMC, Supreme Court, Vedanta 1 Comment »Following is from a report in Business Standard.
The joint venture (JV) Company formed between the state owned Orissa Mining Corporation (OMC) and Sterlite Industries India Ltd (SIIL) for mining of bauxite in the Niyamagiri hills in Kalahandi district will be incorporated as a Private Limited Company soon.
.. “The draft memorandum of association (MoA) and Articles of Association (AoA) of the new company has been submitted to OMC for approval. The incorporation of the JV company will be completed shortly after the approval”, P K Panda, vice-president (mines), Vedanta Aluminium Ltd.(VAL) told Business Standard.
The process of incorporation of the Joint Venture company named as “South-West Orissa Bauxite Mining Private Ltd.” has been set in motion after the signing of the modified JV agreement between SIIL and OMC in February this year, paving the way for start of bauxite mining in Niyamgiri hills near Lanjigarh.
Meanwhile, the special purpose vehicle (SPV) namely ‘Lanjigarh Scheduled Area Foundation’ has already been formed and SIIL has deposited Rs 20 crore up to 2008-09 with the SPV for overseeing the all-round development in the Lanjigarh area.
Supreme Court in its judgement on 8 August 2008 cleared mining of bauxite in the Niyamgiri hills located in the Kalahandi district by SIIL following affidavits filed by SIIL, OMC and Orissa government accepting the rehabilitation package suggested by it on 23 November 2007.
While the company has deposited Rs 12 crore for tribal development, another Rs 10 crore is proposed to be deposited with the SPV during 2009-10. As part of its plan for the overall development of the area, the company also intends to provide connectivity to all the villages of Dongria Kandh, which are remotely located.
This is in line with the 5-year development plan drawn up for these villages by the Dongria Kandh Development Authority (DKDA).
Regarding the JV agreement of Vedanta Aluminium Limited (VAL) with OMC for getting the raw material linkage, the apex court had stated that since Vedanta Resources Plc is not an indian company, it will not have any objection if the its indian subsidiary (SIIL) is made the JV partner of OMC.All provisions of the supreme court judgement were incorporated in the modified JV agreement signed by OMC and SIIL
It may be noted, VAL, a Sterlite group company, signed the JV agreement with the OMC on 5 October 2004, for developing bauxite mines at the Niyamgiri hill near Lanjigarh in Kalahandi district and the Khambasi hill in the adjoining Rayagada district. The bauxite was to be used for use in its one million tonne alumina refinery at Lanjigarh.
Is Jindal Steel of Kalinganagar trying to cheat Orissa? – Sambada
Alleged rogues, High Court, Jajpur, Jajpur Rd- Vyasanagar- Duburi- Kalinganagar, Jindal, Sambada (in Odia), Steel, Thermal 4 Comments »Following is from Sambada. It reports that Jindal Steel of Kalinganagar is trying to give its extra power to its plant in Harayana against the agreement that the state of Orissa has the first rights to get that extra power. The Orissa high court was approached on this and it has put a stay order on this. Industrialists should realize that such attempt to steal from a state, that too a poor state like Orissa, is what gives the whole conecpt of industrailization a bad name.
Projects worth Rs 35,000 crores approved in power and steel sector
High Level Committee, Jindal, L & T, Odisha govt. action, Steel, Thermal Comments Off on Projects worth Rs 35,000 crores approved in power and steel sectorFollowing is excerpted from a report in Indopia.
The Orissa government today formally approved investment of about Rs 35,000 crore in the power and steel sectors of the state. The high-level clearance authority (HLCA) chaired by Orissa Chief Minister Naveen Patnaik gave green signals for the investment in five power projects and one steel unit.
… The HLCA approved investment in five proposals in the power sector and one steel project, Garg said adding that altogether the projects would provide direct employment to over 6,000 people.
The projects, which got HLCA nod were – Visaka Thermal Power Limited (1100 MW), Sahara India Private Limited (1,320 MW), L&T (1,680 MW), JSPL (1,320 MW) and Ind-Bharat Limited (700 MW).
The HLCA approved JSPL&aposs another proposal of further investment in its proposed 6mtpa steel mill at Bainda.
JSPL, which had earlier proposed to invest Rs 13,135 crore in its steel project could now invest Rs 22,420 crore.
Vedanta’s plan for Orissa
Aluminium, Anil Agarwal, Bauxite, Corporate Social Responsibility (CSR), Jharsugurha, Jharsugurha- Brajarajnagar- Belpahar, Marquee Institutions: existing and upcoming, Medical, nursing and pharmacy colleges, Puri, Tathya.in, Thermal, Universities: existing and upcoming Comments Off on Vedanta’s plan for OrissaFollowing is an excerpt from a report in tathya.in.
… Mr.Agarwal impressed upon the Chief Minister that his group is eager to expand the .50 million ton smelter in Jharsuguda to a 1.6 million ton per annum (MTPA).
Naveen Patnaik, asked the Chief Secretary to look into the matter finalize the expansion program, said sources.
Mr.Agarwal updated the Chief Minister about the status of Vedanta’s ongoing projects in the state here on 3 January..
The Alumina Project at Lanjigarh, Smelter and Power Projects at Jharsuguda and the University project at Puri is being implemented by the Vedanta group.
On Corporate Social Responsibility (CSR) front, adoption of 400 anganwadis, providing education for 14000 children at Kalahandi are being implemented, briefed Mr.Agarwal.
Mr. Agarwal agreed to extend the coverage to 40000 children and agreed to introduce the Mid Day Meal scheme for 30000 primary and the secondary level school student in the state through Nandi and Sterlite Foundation as the Chief Minister requested him.
He also announced a 100 bedded state-of-the-art multi-speciality hospital at Jharsuguda will provide medical facility to the local people.
Chairman Vedanta group reiterated his earlier commitment to build a 1000 bedded super-specialty hospital at Puri.
It was also informed that the design and the engineering has been completed and construction is to begin soon.
In addition Mr Agarwal put forth his plans of setting up of a downstream Aluminium Park in collaboration with the government to promote as many as 600 small and medium scale industries at Jharsuguda.
The project will generate large scale employment opportunities and additional economic activities in the region.
Currently the Vedanta Group’s investment commitments are in excess of Rs 50,000 crores, half of which has already been invested in various projects of Orissa.
Vedanta is presently generating a huge number of direct and indirect employment for approximately 25000 people, eighty percent of which belong to the state of Orissa.
After the meeting the CM, Mr Agarwal told reporters that all the ongoing projects of Vedanta would continue as per schedule in spite of the recent global recession.
He also assured that in his personal capacity he would make all possible efforts to complete the Vedanta University Project, a world class University at par with the Havard and Stanford University of U,S.A.
He has already committed personal contribution of Rs 5000 crore towards this project.
Nine projects approved by the Single Window Committee
Dhenkanal, Jindal, Keonjhar, New Indian Express, Indian Express, Financial express, Ore pelletisation, Puri, Single Window Clearance (SLSWCA), Steel, Thermal, Titanium Comments Off on Nine projects approved by the Single Window CommitteeFollowing is an excerpt from a report in expressbuzz.com.
The State-level single window clearance authority (SWCA) today gave approval to nine project proposals worth over Rs 13,000 crore.
The Ashapura Minechem Limited, the largest multi-mineral solution provider in the country and the flagship of Ashapura Group, has evinced interest to set up mineral separation plant in Puri district with an investment of Rs 910 crore. The plant will separate minerals from beach sand and it will produce titanium dioxide, widely used in paints. The project will create employment opportunities for 300 persons, Industries Secretary Ashok Dalwai told mediapersons.
The other new proposal cleared by the SWCA was a 1.2 million tonnes iron ore beneficiation and pelletisation plant by Jaiswal Nicco Industries at Harmote near Barbil in Keonjhar district. The company planned to invest Rs 452 crore and the proposed project would generate employment opportunities to 500 persons.
The proposal of Jindal Steel and Power Limited (JSPL) for capacity addition to its existing steel plant from two million tonnes to six million tonne was also approved. The steel production of the plant will be 3 million tonne through DRI (sponge iron) route and another 3 million tonnes through blast furnace route. The company has also proposed to increase the capacity of its thermal power plant from 900 mega watt to 1080 MW. The total investment of the company will increase from Rs 13,135 crore to Rs 22,440 crore.
The authority also cleared the expansion plan of International Mineral Trading Company having a pelletisation plant at Barbil in Keonjhar district. The company proposed to set up an iron ore beneficiation plant of 1.5 million tonne capacity with an investment of Rs 175 crore.
The BRG Iron and Steel Company at Khurunti in Dhenkanal district proposed to increase its steel production capacity from 0.257 MTA to 1.2 MTA with an investment of Rs 960 crore. The project has received environmental clearance.
Shree Metallics also proposed to increase its steel plant capacity from 0.25 MTA to 0.98 MTA with an investment of Rs 709 crore. The other expansion projects include Grewal Associates sponge iron plant at Barbil to 0.25 MTA steel plant and a 15 MW power plant, Dinabandhu Steel and Power for a 0.26 MTA steel plant with 25 MW power plant and Ganesh Metallics for 0.25 MTA steel plant with 16 MW captive power plant.
Orissa getting no tax from Bhushan Steel operations In Kantabania, Dhenkanal: Samaja
Bhushan Steel Ltd., Dhenkanal, Samaja (in Odia), Steel, Taxes Comments Off on Orissa getting no tax from Bhushan Steel operations In Kantabania, Dhenkanal: SamajaThere are at least two Bhushan companies. This article is about Bhushan steel Ltd.The other company is Bhushan Power and Steel.
RSB Metaltech signs MOU with Orissa
Aluminium, Bauxite, Dhenkanal, INVESTMENTS and INVESTMENT PLANS, Rayagada, Rayagada- Therubali, Statesman, Telegraph, Thermal Comments Off on RSB Metaltech signs MOU with OrissaFollowing is an excerpt from a report in the Statesman.
The state government today inked an MoU with RSB Metaltech for setting up of an integrated light metal aluminum complex. The papers were signed by state industries and mines secretary Dr Ashok Dalwai and RSB Metaltech MD Mr SK Behera …
In the first phase, the proposed company, with an investment of around Rs 6,800 crore, will produce about 7 lakh tonnes per of alumina. In the second phase, nearly 1.75 lakh tonnes of aluminium is expected to be produced from the plant. The produced aluminium will be used for production of finer parts in motor vehicles, aerospace, railway and construction industry.
While the mining and refinery units of the project will come up a Rayagada, the smelter unit and power plant are proposed to be set up at Kamakshyanagar in Dhenkanal.
Chief minister Mr Naveen Patnaik said that the project will generate about 11,000 direct and the equal number of indirect jobs. "This project, along with its alumina refinery at Rayagada and Gopalpur port will form an industrial corridor in southern Orissa," Mr Patnaik said adding that the corridor will help fast development, alleviation of poverty and improvement of life of the local people in that region. He suggested that provisions should be made to provide technical education to local youths. "The rehabilitation, resettlement and environment aspect should be taken proper care of," he pointed out.
The Union minister has been requited to expedite and complete the "Therubali-Gunupur railway project to enhance the connectivity in that region," he informed.
I wonder about the progress of the earlier plan of establishing an auto component manufacturing plant near Cuttack by RSB Transmission. (See http://www.orissalinks.com/orissagrowth/archives/421.)
Land requirement of various upcoming steel companies
Anil Agarwal, Arcelor Mittal, Business Standard, Jindal, Land acquisition, POSCO, Steel, Tatas 2 Comments »Following is an excerpt from a report in Business Standard.
The combined area required by these units has now been assessed at 33,268.5 acres, 16.48 per cent less than the 37,750 acres envisaged in the memoranda of understanding (MoUs) between these companies and the state government.
The state-owned Industrial Promotion and Investment Corporation of Orissa (Ipicol) had appointed MN Dastur & Co as consultant to prepare a report on the land requirement of various industries after receiving complains about companies demanding more land than they needed for the projects.
Ipicol, based on the report, has reassessed the land needs of the projects. The mega units that have been affected include Posco India, Jindal Steel and Power, Mittal Steel (India), Uttam Galva Steels, Sterlite Iron and Steel, and Bhushan Steel.
On the other hand, there has been no reduction in the land requirement of four mega units — Essar Steel Orissa (2,500 acres), SSL Energy (2,000 acres), Tata Steel (3,500 acres) and Welspun Power and Steel (2,200 acres). Out of the total land requirement, these steel companies have already applied for allotment of 32,034.9 acres, sources say.
Posco India, a subsidiary of South Korean steel major Posco, had sought 6,000 acres in the MoU signed with the state government in 2005 for its proposed 12-million-tonne per annum project near Paradip in Jagatsinghpur district. Ipicol, based on the Dastur & Co report, has reassessed the land requirement at 5,525 acres. The company has so far applied for 5,151 acres. While the state government has allotted 516 acres of its land to Posco, the company has already invested Rs 175.5 crore.
Jindal Steel and Power Ltd, which is setting up a six-million-tonne per annum steel project at Kerajang, needed about 5,750 acres. This has been cut to 3,843.5 acres by Ipicol. The company has applied to the Orissa government for 4,027 acres and has been allotted 1,719 acres. This includes 687.93 acres of government land and 1,031.85 acres private land. It has invested about Rs 765.46 crore in the project so far.
The land requirement of ArcelorMittal, which is planning to set up a 12-million-tonne greenfield steel project at Patna tehsil in Keonjhar district, has been reassessed at 7,750 acres. The company had sought 8,000 acres in the MoU. It has applied for 7,770 acres and has invested about Rs 50 crore for the project.
Similarly, the land requirement of Uttam Galva Steels, which is setting up a three-million-tonne steel project at Bistapal, has been reduced by 250 acres. While the MoU provided for allotment of 2,400 acres, Ipicol has reassessed this at 2,150 acres. The company applied for 2,146 acres and has been allotted 27.81 acres so far. The company has invested about Rs 35 crore for the project.
The three-million-tonne steel project planned by Sterlite Iron and Steel at Palasponga will have to manage with 1,000 acres less land than what was provided in the MoU. The company’s land requirement has been re-assessed at 2,400 acres. The company had applied for 3,378 acres, though has not been allotted any land so far.
The estimate of land needed by Bhushan Steel for its six-million-tonne per annum steel project at Meramundali in Dhenkanal district has been reduced by 600 acres. Though the company was to be provided 2,000 acres according to the MoU, Ipicol has reassessed the requirement at 1,400 acres. Bhushan Steel had applied for 1,994 acres and has been allotted 1,620 acres. It has invested Rs 5,000 crore in the project.
L & T receives order of 1372 crores for three plants in Orissa
Aluminium, Angul, Anil Agarwal, Anugul- Talcher - Saranga- Nalconagar, Birlas, Kalahandi, L & T, Steel, Vedanta 1 Comment »Following is from a report in Economic Times.
MUMBAI: Larsen & Toubro shares edged higher Tuesday after it won orders worth Rs 1372 crore from aluminium and steel makers.
The orders were received from Vedanta Aluminium, a part of Vedanta group, Utkal Alumina International and Bhushan Steel, it said in a statement.
The Rs 516 crore order from Vedanta Aluminum was for setting up of a 3 million tonne per annum alumina refinery at its Lanjigarh plant in Orissa. Utkal Alumina’s order was worth Rs 455 crore in which the engineering and construction firm would set up a 1.5 MTPA green field alumina refinery at Doraduga in Orissa.
Furthermore, L&T has secured an order worth Rs 401 crore from Bhushan Steel for civil, structural, equipment, erecting and piping works at Angul in Orissa.
HLCA clears more projects
Aluminium, Bhadrakh, Business Standard, Cuttack, Dhamara- Chandbali- Bhitarakanika, Dhenkanal, High Level Committee, Hydro, Solar and other renewable, Jajpur Rd- Vyasanagar- Duburi- Kalinganagar, Jharsugurha- Brajarajnagar- Belpahar, Keonjhar, NALCO, NTPC, Ore pelletisation, Puri, Sambalpur, Sambaplur- Burla- Bargarh- Chipilima, Steel, Thermal 1 Comment »Following is from a report in Business standard:
The Orissa government today cleared projects worth Rs 1,27, 727 crore in steel, aluminium, power, downstream and ore beneficiation sectors.
The list includes 3 projects in the steel sector, 2 projects in the aluminium sector, 6 projects in the power sector, one downstream unit, and two beneficiation and pelletisation units.
… enhancement of the steel capacity of Jindal Stainless Limited (JSL) from 1.6 million tonne per annum (mtpa) to 3.2 mtpa at Kalinganagr Industrial Complex at an investment of Rs 16,266 crore and enhancement of capacity of Visa Steel in the same location from 0.35 mtpa to 1.5 mtpa at an investment of Rs 4995 crore were approved by HLCA.
The public sector aluminum major Nalco’s proposal to set up a 0.5 mtpa alumina smelter and 1260 mw power plant in two phases (840Mw + 420 Mw) at an investment of Rs 16,345.89 crore was also approved. Though the company preferred to set up the project at Brajarajnagar, the location might change. The company is seeking 275.30 hectares of land for the smelter and 575.7 hectares for the power plant.
Similarly, the proposal of the Navayuga Steels for setting up a 12 mtpa port based steel complex at Astaranga in Puri district at an investment of Rs 34,000 crore was cleared by the HLCA. The project will come up in 4 phases and the government will not commit any raw material linkage to it.
Though the company requires 4000 acres of land, the government will assess the land requirement as per the benchmarking report after the company submits the detailed project report (DPR), the minister added.
The public sector National Thermal Power Corporation (NTPC) was given the green signal to set up a 3200 Mw coal based mega power plant at an investment of Rs19,840 crore near the village Gajamara in Dhenkanal district. It requires about 3000 acres of land for the project and will source water from Mahanadi.
However, Jindal Stainless’ proposal to set up 1000 Mw Independent Power Producer (IPP) at an investment of Rs 4090 crore in the same location did not find favour with HLCA with the committee asking the company to change the site of the project.
Other projects which received the nod of HLCA are Rs 6800 crore investment proposal of RSB Metal-tech for setting up 1.4 mtpa alumina refinery, 0.35 mtpa aluminium smelter and 900 Mw CPP at an investment of Rs 6800 crore, Kalinga Energy’s 1000Mw thermal power project at an investment of Rs 4261 crore at Babuchakuli, Arati Steel’s 500Mw thermal power project at Ghantikhal in Cuttack district, Rs 4994 crore investment proposal of Chambal Infrastructures and Ventures Limited for setting up of 1200Mw thermal power plant at Siaria in Dhenkanal district.
Besides, Hyderabad based Lanco Solar’s 250 Mw fully integrated plant to manufacture crystalline silicon solar cells at an investment of Rs 2800 crore in Dhenkanal district, Bhushan Power and Steel Limited (BPSL)’s downstream and ancillary complex in Sambalpur district at an investment of Rs 1953.87 crore, JSW Steel’s proposal to set up 7 mtpa iron ore beneficiation plant and 5 mtpa pelletisation plant at Kamalang in Sundergarh district at an investment of Rs 1450 crore were through in today’s meeting.
Besides, the proposal of Welspun Orissa Steel to set up a 4.5 mtpa beneficiation plant at Nayagarh in Keonjhar district and 4.4 mtpa pellet plant at Dhamra in Bhadrakh district with an envisaged investment of Rs 1963 crore, the proposal of Astaranga Power Company to set up a 2460 Mw power plant at Astaranga at an estimated cost of Rs 11,200 crore were approved by the HLCA.
However, the decision on the 700 mw (Rs 1007crore) power plant proposal of Ind Bharat Energy, 1320 mw (Rs 5604 crore) power plant proposal of Sahara India Power Corporation and the 1100 Mw (Rs 4810 crore ) power plant proposal of Visaka Thermal were deferred.
Sttel plants may trigger SME/MSE possibilities in Orissa
Jajpur, MSE - medium and small enterprises, Steel, Tatas Comments Off on Sttel plants may trigger SME/MSE possibilities in OrissaFollowing is excerpted from a report in Business Standard.
With Orissa witnessing a rush of investment proposals in the iron and steel sector, the domestic and overseas steel majors are exploring the possibilities of developing small and medium enterprises (SMEs) around the large units proposed by them.
Tata Steel is developing a six-million tonne greenfield steel project at Kalinga Nagar, the emerging steel hub of the country. The firm has identified business opportunities worth Rs 12,000 crore in the ancillary and downstream units.
“The opportunities for ancillary and downstream units exist in the areas of operations and maintenance, core specialised services, support specialised services, processing and township management, to name a few. There can be different working models for development of local SMEs as ancillaries and downstream units. One such model includes Tata Steel and other steel majors working together with their ancillary partners in Orissa,” said K Shankar Marar, assistant general manager, (steel technology, at Tata Steel’s Kalinga Nagar project.
… Another steel major, JSL, (formerly Jindal Stainless Limited), is keen on developing an industrial park based on downstream stainless steel industries, spread over an area of 300 acres as a part of its SEZ (special economic zone) in Orissa’s Jajpur district.
The SEZ is being developed at an investment of around Rs 700 crore. JSL has engaged US-based consultant CB Richard Ellis for developing a business plan for the project wherein opportunities for downstream industries will be explored.
The SEZ is set to provide direct employment to 3,800 workers besides generating indirect employment for 1,200 others.
Posco which has announced an investment of about Rs 52,000 crore for a 12 million tonne steel plant near Paradeep is also committed to development of ancillary and downstream units and the steel giant has engaged IIT-Kharagpur for a study on the opportunities that exist in this area.
According to a study conducted by IIT-Kharagpur for Posco India, opportunities for SME entrepreneurs exist in the areas of structural steel, ready mixed concrete, refractory, steel and concrete piles, pipes, propeller shafts and furnace building to name a few.
According to the study, opportunities also exist in other operational areas like steel probes, mould flux, thermos materials, manufacture and fabrication of structures, conveyor belts and electrical equipment repairs.
The study adds that business opportunities worth Rs 320 crore exist in the area of refractory, Rs 44 crore for cement, Rs 2.5 crore in hydraulic hoses and Rs 4 crore in wire rods. The first phase of Posco India’s project would generate 35,728 labour intensive jobs and another 30,420 technology intensive jobs.
… Aarti Steel has already started its efforts for developing SMEs as ancillaries for its steel plant in the state.
“We have sourced items and spare parts worth Rs 37 crore from 47 local partners till March 2008. Aarti Steel plans to develop two forging units adjacent to its steel plant for the benefit of the local entrepreneurs and we have approached IDCO to provide land for these units”, said a senior official of Aarti Steel.
On its part, the Orissa government plans to incorporate a clause at the MoU (memorandum of understanding) level with the private steel players to ensure that the mother industries will make necessary efforts for development of ancillary and downstream units.
The efforts made by the steel units to develop the ancillary units will be monitored by officials like district collectors and revenue district commissioners.
Steelguru.com gives some specifics of the SME/MSE impact with respect to Tata Steel’s Kalinganagar plant.
BS reported that the 6million tonne per annum greenfield steel project proposed by TATA Steel in Kalinganagar will require maintenance support services worth INR 1,200 crore when fully commissioned. These services will be outsourced by the company and are expected to create huge opportunities for the small and medium enterprises in Orissa.
The services to be outsourced include warehousing, machine shop, electrical repairing shop, fabrication shops, electrodes and lubricant suppliers, waste management, mechanized material handling and hospitality among others. Since the maintenance cost is about 4% of the total investment in steel industry, this is expected to create huge opportunities for the small and medium enterprises.
Mr B K Singh VP Orissa project of TATA Steel said that "We will invest about INR 30,000 crore in the Kalinganagar project in phases and will require maintenance support services worth INR 1,200 crore.”
He added that the group will work towards developing the local entrepreneurs and will provide assistance to anyone who wants to be a partner in TATA Steel’s business. He added that TATA Steel will give the first right of refusal to local industries in the maintenance support services.
Vedanta’s 300 crore township project near Jharsuguda to be comparable to RIL’s at Jamnagar
Aluminium, Business Standard, Industrial Township, Jharsugurha, Jharsugurha- Brajarajnagar- Belpahar, Vedanta 8 Comments »Following is from a report in Business Standard.
In the midst of implementing a $4 billion aluminium project in Orissa, NRI Anil Agarwal-led Vedanta group, has started a Rs 300-crore township project with the support of a Chinese firm to accommodate its over a 1,000 engineers and technical workforce.
Claiming that the project would be comparable if not better than what Mukesh Ambani-led RIL developed at Jamnagar in Gujarat, group company Vedanta Aluminium is importing services of China’s leading architect firm ECADI at a time when reality majors are reeling under a slump.
"We at Vedanta feel it is our duty not only to provide a conducive working atmosphere, but also best living comforts," company’s Director and CEO M Siddiqi said, adding, the township project would be completed by end of next year.
The township project, a concept popularised by PSUs in India, is crucial for the overall aluminium unit, first stage of which has already been commissioned and the second stage is targeted for completion next year, to attract and retain talent in the backward area of Jharsuguda in Orissa.
The Vedanta project envisages providing sophisticated and urban living accommodations and amenities to over 1,400 employees, who are already stationed at Jharsuguda aluminium plant.
The metals and mining major plans to pump in a whopping $4 billion to ramp up the capacity of its aluminium smelter to 1.8 million tonne by 2010.
At present, its operational capacity is 2,50,000 tonne, which would go up to 5,00,000 tonne by March 2009.
For meeting its power requirement, the company has set up a 675 MW power plant, the capacity of which will go up to 1,215 MW post-commissioning of the smelter’s first phase expansion.
Thirteen projects cleared by Single Window Committee
Bhadrakh, Cement, Hydro, Solar and other renewable, Jharsugurha, Keonjhar, Ore pelletisation, POWER: generation, distribution, and management, Puri, Sambalpur, Single Window Clearance (SLSWCA), Steel, Sundergarh, Thermal Comments Off on Thirteen projects cleared by Single Window CommitteeFollowing is an excerpt from a report in Financial Express.
Orissa government’s Single Window Committee on Thursday cleared 13 industrial projects involving a total investment of Rs 27,193 crore. It includes three power projects, one steel, two cement, five iron ore beneficiation and pelletisation, on photo cell and one brewery projects.
… The big-ticket projects recommended to HLCC are Visakha Thermal Power Plant, Hind Bharat Energy, Lanco Solar, JSW Steel, Bhusan Power & Steel Ltd, Astarang Power Company Ltd and Welspun Steel Ltd.
While Astarang Power Company Ltd is planning to set up a 2640 mw plant in Puri district with an investment of Rs 11,200 crore, Visakha is proposing to set up an 1100 mw plant in Bhadrak district entailing an investment of Rs 4800 crore. The Hind Bharat Energy is proposing to enhance the capacity of its power project at Jharsuguda to 700 mw from 250 mw investing Rs 3150 crore. Bhusan Power & Steel, on the other hand, is setting up steel facilities for cold rolling steel, wire, rod, galvanised steel besides cement at Sambalpur, with an investment of Rs 2000 crore.
Welspun has plans to set up a 4.5m tonne per annum (mtpa) iron ore beneficiation and pelletisation plant in Bhadrak district with an investment of Rs 1900 crore. Simultaneously, JSWA is proposing to set up a 7 mtpa iron ore beneficiation plants and a 5 mtpa pelletisation plant in Sundergarh district investing Rs 1450 crore.
Among the projects cleared by the panel, Bhusan Steel Ltd is going to put up facilities for 4 mtpa iron ore beneficiation and pelletisation in Keonjhar district with an investment of Rs 850 crore.
Integrated Titanium Complex in Chhatrapur
Berhampur- Gopalpur- Chhatrapur, Bhubaneswar-Berhampur, Business Standard, Ganjam, Gopalpur port (under constr.), Multinationals, SEZs, Titanium Comments Off on Integrated Titanium Complex in ChhatrapurFollowing is an excerpt from a news report in Business Standard.
The Orissa government today signed a memorandum of understanding (MoU) with the Titanium Products Private Limited (TPPL), an Indo-Russian joint venture, for setting up of a Rs 2000 crore integrated titanium complex and sector specific special economic zone (SEZ) at Chhatrapur in Ganjam district.
SM Shroff , chairman of TPPL and the state industry secretary, A P Padhi signed the documents in the presence of chief minister, Naveen Patnaik in the state secretariat.
The company will invest about Rs 2000 crore in two phases. While the first phase will cost about Rs 1200 crore, another Rs 800 crore will be invested in the second phase. The first phase will be completed within a period of 24 months and is likely to be commissioned by October 2010. It will produce 1,08,000 tonnes of titanium slag, 68,000 tonnes of high purity pig iron, 40,000 tonnes of di-oxide pigment and 10,000 tonnes of titanium sponge.
TPPL has already entered into an agreement with the Indian Rare Earth Limited (IREL) for the supply of the raw material Ilminite. The company will require about 2 lakh tonnes of Ilminite annually for its project. India will be the fourth country in the world to have smelting technology required for production of titanium. The products will have applications in the field of aircraft engine, power plants, chemical plants, automobile industry as titanium is light and corrosion resistant.
TPPL will develop a sector specific special economic zone (SEZ) at its plant site for which it has received the in-principle approval from the Centre. However, it will require additional land beyond 250 acres acquired for the titanium complex.
The Orissa government has agreed to supply 65 Mw of power and 3 million gallon per day water for the project.
Speaking on the occasion chief minister Naveen Patnaik … He said, the project is the anchor industry for a sector specific SEZ for establishment of downstream industries in sectors like high quality paint manufacturing, automotive casting, ductile iron casting, sillicon and zircon based products.
Patnaik said, the upcoming port at Gopalpur and the integrated titanium complex are the foundations for an industrial corridor in southern Orissa. These will further be integrated with the aluminium hinterland in Kalahandi, Koraput anfd Raygada. For the purpose, he has requested the railway ministry to take up the Therubali-Gunupur railway connectivity at the earliest.
Stating that establishment of a quality vocational educational institution offering the most modern trades relevant for the industry will be an important initiative in the skill upgradation of the local youth, Patnaik said, TPPL should explore such possibility. Besides, it should develop partnership with the local technical institutions.
Progress on Jindal Steel and power projects
Angul, Anugul- Talcher - Saranga- Nalconagar, Coal, Iron Ore, Jindal, Keonjhar, Pragativadi, Steel, Thermal 3 Comments »Following is an excerpt from a report in Pragativadi.
Jindal Steel and Power Ltd is optimistic about commissioning the first phase of the proposed six MTPA steel mill in Orissa’s Angul district by October 2010.
… Briefing newsmen after the meeting, Jindal said that the work for the first phase of the project was progressing well.
The company had already spent Rs 4,000 crore so far for it and has placed an order for equipment for the purpose.
Of its total project cost of Rs 13,135 crore, JSPL had also spent a lot on land, construction, equipment and other activities, he said.
Jindal said JSPL has a small iron ore mine at Tensa in Keonjhar district and is hopeful of getting raw material linkage to its Angul project.
We have been allotted coal block for the requirement of our captive power plant and the steel plant, he added.
He said that the company apprised the chief minister about the progress and made a presentation before him, while seeking the state government’s help in availing new raw material linkage early.
The JSPL which signed an MoU with the state government for setting up a beneficiation plant at Deojhar in Keonjhar district and the Angul steel plant on November 11, 2005, had progressed well besides tackling local problems, he said.
Supreme court allows bauxite mining by Vedanta/Sterlite
Aluminium, Bauxite, ENVIRONMENT, Kalahandi, Pragativadi, Supreme Court, Vedanta Comments Off on Supreme court allows bauxite mining by Vedanta/SterliteFollowing is an excerpt from a report in Pragativadi.
The Supreme Court on Friday cleared the decks for Anil Agarwal promoted Vedanta Resources to mine bauxite from the ecologically fragile Niyamgiri hills for its proposed Rs 4,000-crore alumina project at Lanjigarh in Kalahandi district.
Vedanta had sought clearance for diversion of 660.749 hectare of forest land for mining purposes to feed its alumina plant.
The special forest bench comprising Chief Justice K G Balakrishnan, Justices Arijit Pasayat and SH Kapadia allowed Sterlite to go ahead with bauxite mining.
The application of Vedanta is allowed, the Supreme Court bench said in a statement.
However, it asked the ministry of environment and forest to proceed in accordance with law.
… Vedanta wants to dig open-cast mines in the Niyamgiri hills located in Kalahandi district near its project area.
Vedanta promoted Sterlite Industries had sought clearance for diversion of 660.749 hectares of forest land for mining purposes to provide required raw material for its plant.
Supreme court comes in favor of POSCO
Iron Ore, Jagatsinghpur, Jatadhari port (POSCO), Paradip - Jatadhari - Kujanga, POSCO, Pragativadi, South Korea, Steel, Supreme Court Comments Off on Supreme court comes in favor of POSCOFollowing is an excerpt from a report in Pragativadi.
The Supreme Court on Friday permitted South Korean steel major Posco to set up Rs 51,000-crore mega steel plant and captive minor port at Paradip in Jagatsinghpur district.
A special environmental bench headed by Chief Justice K G Balakrishnan allowed Posco India Pvt Ltd, a subsidiary of South Korea-based Posco, to go ahead with its plans.
With this order, the apex court has also cleared forest diversion proposal for the plant site which require 1253.225 hectares of forest land.
The court, while directing the Orissa government to dispose of all the Posco’s applications seeking prospecting licences within four weeks, also asked the state government to send its recommendations to the ministry of environment and forests that would proceed in accordance with law.
The bench also asked the state government to undertake implementation of compensatory afforestation plan under the supervision of a Supreme Court-appointed committee comprising top officials of the state government.
… Posco counsel Mukul Rohtagi contended that the state government-owned Orissa Mining Corporation had agreed to supply uninterrupted iron ore and other minerals for its steel project and had identified mines in the western part of the state, some 300 km away from its project site.
… The company can source raw materials on its own and can buy the same from the open market, he said, adding that the company is not dependent on prospecting licence.
3 Aluminum projects approved by SLSWCA
Aluminium, Multinationals, NALCO, Single Window Clearance (SLSWCA) 2 Comments »Following is an excerpt from a report in Business Standard.
The State Level Single Window Clearance Authority (SLSWCA) of the Orissa government, headed by Chief Secretary, Ajit Kumar Tripathy, today approved projects worth Rs 42,911crore mainly pertaining to the aluminium sector. It includes the Rs 16,345 crore investment proposal of the National Aluminium Company Ltd (Nalco), Rs 19,668 crore proposal of L&T-Dubal, Rs 6800 crore proposal of RSB Metaltech and Rs 98 crore investment proposal of Kanpur based Bajaj Steels and Industries Ltd.
Update on Chhatrapur Titanium-Dioxide project: Sambada
Berhampur- Gopalpur- Chhatrapur, Bhubaneswar-Berhampur, Ganjam, Sambada (in Odia), Titanium Comments Off on Update on Chhatrapur Titanium-Dioxide project: SambadaOil rig and two cold rolling mills proposal cleared
Bhadrakh, Cold rolling mills, Dhamara- Chandbali- Bhitarakanika, Dhenkanal, High Level Committee, Offshore Oil rig Comments Off on Oil rig and two cold rolling mills proposal clearedFollowing is an excerpt from a report in Pioneer.
Investment proposals worth Rs 1,825.61 crore were cleared by State-level Single Window Clearance Authority (SLSWCA) here on Saturday.
The SLSWCA meeting, chaired by Chief Secretary Ajit Kumar Tripathy, gave its nod to the Rs 900-crore investment project of Oceanic Shipyard Limited (OSL) along with two cold rolling mills with an investment of Rs 925.61 crore.
… IPICOL managing director Ashok Kumar Meena told the media that OSL, a subsidiary of Bengal Shipyard Limited (BSL), has proposed to set up an oil rig, offshore structure and a support vessels manufacturing and repairing unit at Dhamra in Bhadrak district with an investment of Rs 900 crore. BSL, a joint venture of Apeejay Shipping Limited and Bharati shipyard Limited, is setting up a shipyard at Dhamra with an investment of Rs 2,400 crore.
Meena said the company had asked for 950 acres of land at Dhamra to set up the facility in a period of 60 months in three phases from the date of allotment of land. The project would generate direct employment opportunity for 7,500 persons. As the net worth of the group is Rs 647 crore in 2006-07, there would be no problem of raising the funds for the greenfield project, added another official.
The proposal of the Bhuvee Profiles & Stainless Limited (BPSL) to set up a 0.790-mtpa hot rolled plates and coil rolling mill with an investment of Rs 492.66 crore at Kuranti in Dhenkanal district was cleared by the Authority, said Meena.
According to him, a sister concern of the BRG Group, BPSL would be the downstream project of the group. The company has asked for 90 acres of land, though the requirement for the project would be 45 to 50 acres, said an official.
Meena said the proposal of Rabirun Vinimay Private Limited (RVPL) to set up a 0.240-mtpa cold rolling mill complex at Kuranti with an investment of Rs 432.95 crore was also okayed.
Vedanta’s R & R package in Lanjigarh, Kalahandi
Aluminium, Anil Agarwal, Bauxite, Jharsugurha- Brajarajnagar- Belpahar, Kalahandi, R & R 1 Comment »Following is an excerpt from a report in the Statesman.
Vedanta Aluminium Ltd (VAL) offers the best rehabilitation package in the state, claimed company sources here recently. The company aims to reduce the impact of its activities on the environment, wherever feasible. The majority of the sites are certified by the international environmental management systems standard ISO 14001. This includes the requirement that environmental impacts are identified. There are ongoing programmes for improvement across key impact areas, they said.
Responding to the critics of its bauxite mining project at Kalahandi, Vedanta officials said that all 120 families that were displaced for the project have got pucca houses with round-the-clock electricity and water supply. Besides one youth from each displaced family has been trained and given a job in the refinery, adding that a total of 2,500 local people have found employment in the refinery project till date. “While about 2000 people had got direct employment at the refinery in Lanjigarh, over 2000 others were getting indirect income generating opportunities,” company sources said.
Vedanta has also started the ‘Sasya Silpa Abhijan’ an initiative of vegetable cultivation, run in collaboration with the Asian Institute of Sustainable Development to give a boost to agriculture in the area. “On an area of 550 acres of land, nearly 500 farmers are participating in the project as partners,” said a senior official. “Although we bear the expenses for irrigation through a diesel pump set by us, yet the training and support provided by Vedanta through this programme has helped us a lot,” said Mr Dinanath Pangi, a farmer.
Vedanta also offers various self-employment schemes for residents of the villages nearby and especially for the womenfolk. Women self-help-groups have been started under public-private partnership in collaboration with the district health department on the Swastha Parivar project. In a bid to widen its corporate social responsibility, the Vedanta group has also adopted 400 Anganwadi centres in Kalahandi district and will look after more than 40,000 children in some of the state’s most backward areas.
“Vedanta has signed an MoU with the state government and the Sterlite Foundation for the adoptions,” said Vedanta group spokesman Mr CV Krishnan. “As a part of the arrangement, every pre-school child aged between three and six years will be provided a cooked meal of 300 calories at noon. The company will also look after the health of the children through regular check ups and medicines,” he added.
He further said that the company is also undertaking the beautification of the Anganwadis by erecting green boundaries, whitewashing buildings and providing see-saws and slides for the children. Furthermore incentives are being provided to Anganwadi workers. While Anganwadi workers receive Rs 250 per month, each helper is given Rs 150 extra by the company. “The same exercise will also be replicated in Jharsuguda,” Mr Krishnan said. The total expenditure on child welfare activities in the two districts will be over Rs 15 crore, company officials revealed In order to ensure that everything goes as per plan, the process will be reviewed by a committee headed by the district collector, the local MLA and the chairman of panchayat samity, they said.
Mr Krishnan said that Vedanta further aims to improve the electricity network, construct roads and develop better educational and healthcare facilities.