Archive for the 'NEWS SOURCE' Category

Dhamara and Astaranga close to be chosen as the sites for the 2nd and 3rd UMPP in Orissa

Bhadrakh, Dhamara- Chandbali- Bhitarakanika, New Indian Express, Indian Express, Financial express, Puri, Thermal Comments Off on Dhamara and Astaranga close to be chosen as the sites for the 2nd and 3rd UMPP in Orissa

Following is an excerpt from a report in Financial Express.

The proposed port town of Dhamra in Bhadrak district and the coastal village of Astaranga in Orissa are going to get two ultra mega power projects (UMPPs). The Centre, which has awarded two more UMPPs to the state besides the one at Sundergarh, is zeroing in on these two sites for the proposed projects.

A high-level team of experts and officials from the Central Electricity Authority (CEA) and Power Finance Corporation (PFC) identified the two sites after examining five possible sites located near the coast in the state. The five sites are Kirtaniya (on the mouth of the Subernarekha river) in Balasore district, Dhamra in Bhadrak, Paradip in Jagatsinghpur, Astaranga in Puri and Ganja in Ganjam district.

…  The CVR Navayuga Group has signed an MoU with the Orissa government to set up a 60 million tonne cargo handling capacity port at Astaranga with an investment of Rs 6,000 crore in three phases. The Hyderabad based company is also proposing to set up a 2×660 mw coal-fired thermal power plant and a 12 million tonne steel plant near the port.  

A state government official said DPCL and the Navayuga Group has no objection to the UMPPs coming up near their ports. The two UMPPs with 4000 mw capacity each will be developed through special purpose vehicles promoted by the Power Finance Corporation (PFC) with a proposed investment of Rs 32,000 crore.

Proposed Solar SEZ by Lanco Solar gets in principle approval

Cuttack, Hydro, Solar and other renewable, PIB - GOI, SEZs Comments Off on Proposed Solar SEZ by Lanco Solar gets in principle approval

Following is an excerpt from the PIB release http://pib.nic.in/release/release.asp?relid=51774.

The Board of Approval of the Special Economic Zones (SEZs) met today consider proposals for setting up of Special Economic Zones and also to approve other miscellaneous requests pertaining to SEZs.

            Addressing the Board of Approval members, the Chairman informed that so far 577 formal approvals have been granted for setting up of SEZs out of which 325 have been notified. He further informed that over Rs.1,16,879 crore have been invested in the Special Economic Zones during this short span of time and direct employment of the order of 4,27,908 persons has been generated in the Special Economic Zones.  During the first quarter of current financial year, total export of Rs.39,411 crore approx. has been made from SEZs.

            In this meeting, 7 proposals for setting up of SEZ were considered.  The Board recommended grant of two formal approvals and one In-Principle Approvals.

·                     Formal Approvals:

Ø                   IT/ITES/BPO/EH – M/s. Brooke Bond Real Estates Private Limited SEZ at Bangalore, Karnataka.

Ø                   EH/ITES – M/s. Karnataka State Electronics Development Corporation Ltd. at Shimoga, Karnataka.

·                     In-Principle Approval:

Ø                   Solar SEZ – M/s. Lanco Solar Pvt. Ltd. at village Ramdaspur, Cuttak District, Orissa.

 

Economic Times on Jharkhand and Orissa

INVESTMENTS and INVESTMENT PLANS, Metals and alloys, MINES and MINERALS, TOI, Economic Times 14 Comments »

Economic Times has an article each on Jharkhand and Orissa’s mineral reserves and the current industrial climates and mineral policies of  both states. The two articles are:

Following are some additional comparison between both states:

Haka and Mainland China restaurants in Bhubaneswar; Group plans an entertainment and food park near Infocity

Bhubaneswar- Cuttack- Puri, Circuit: Bhubaneswar-Chilika-Puri, Food joints, Khordha, TOI, Economic Times Comments Off on Haka and Mainland China restaurants in Bhubaneswar; Group plans an entertainment and food park near Infocity

Update: Following is an excerpt from a report in Business Standard.

Kolkata-based Speciality Group of Restaurants, a leading restaurant chain in the country, plans to introduce its restaurant brands like Oh! Calcutta, Sigree and Machaan in Orissa by March 2010.

The group is also exploring the possibility of opening standalone restaurants that would exclusively serve the Oriya delicacies.

Specialiy Group, which is run by more than 2,500 people, has set up the Mainland Institute of Oriental Catering in Kolkata keeping in view the group’s increasing requirement for hospitality professionals to meet its expansion plans.

The group is also keen on setting up an institute in Bhubaneswar. … China restaurant in the city is the 53 rd restaurant opened by the Speciality Group of Restaurants. It is the second restaurant of the group in the city after Haka.

Mainland China is the flagship brand of the Speciality Group with 17 standalone outlets in the country. This restaurant is present in cities like New Delhi, Mumbai, Bangalore, Kolkata, Chennai, Hyderabad, Pune, Nashik and Baroda.

The other restaurant brands of the Speciality Group include Sweet Bengal, Just Biriyani and Mostly Kabab.


Haka location in Bhubaneswar is:

Haka-Bhubaneshwar
MLC-Aditya Park,
10, Bhouma Nagar,
Unit No. – 4,
Bhubaneshwar – 751 001.
Tel        :   (0674) 6943954/55

An Economic Times news report mentions that Mainland China is opening at Hotel Crown. Following are some excerpts.

Speciality Restaurants [SRPL] the country’s largest chain of fine dining eateries of reputed brands on Monday will open Mainland China – the flagship brand of the group with 23 standalone outlets in the country, at the Crown Hotel, here.

Though the Group has already got its footprints here with the opening of Haka – one of it’s ‘casual dining’ brand, the Mainland China is all set to offer exotic Chinese delicacies at an affordable price.

“Bhubaneswar is the much happening state capital in the east. The opening of Mainland China will go a long way to satisfy food connoisseurs looking for vast spread of rare delicacies from the varied regions of China. We have an ambitious plan to open at least half-a-dozen restaurants in the state capital, Puri and other small towns with an investment of about Rs 15 crore”, SRPL founder Anjan Chatterjee on Sunday told “The ET”.

It also plans to invest abut Rs 50 crore for an entertainment and food park near the Infocity here. The company has already acquired one and half acre land from the state government.

… Meanwhile, SRPL has set an ambitious target of investing around Rs 200-250 crore through both the organic and inorganic routes to become a 100-resturant company in the next one year from its present strength of 52 restaurants.

It also has firmed up plans for backward integration in the form of trained manpower and food processing. Aware of shortage of skilled and trained manpower to manage restaurants in the country, Mr Chatterjee is planning to set up a Restaurant Management School here.

“We have a Speciality Catering College at Kolkata for our in-house requirements. I am looking for vertical knowledge based schools which can run one-year course to manage restaurants. Managing hotel and managing restaurants are two different things”, he observed.

… “We will first launch select ready to cook Mainland China poly packs followed by ready to eat food. We have identified Khurda Food Processing Zone, near Bhuabneswar for packaged food items”, Mr Chatterjee reveals saying that the expansion plan will be funded througha mix of debt and equity.

Vedanta a role model for other industries in Orissa; hope Jindal and others learn from it

Anil Agarwal, High Court, Jindal, Thermal, TOI, Economic Times Comments Off on Vedanta a role model for other industries in Orissa; hope Jindal and others learn from it

Note: There are often many PR related activities by Vedanta and we usually don’t cover them. But this is an exceptional act of good citizenship on the part of Vedanta when the state is going through an extremely difficult time with respect to its power situation. The excerpts below are from an article by journalist Nageswar Patnaik, who is often very critical of industrial houses. Coming from him, this reinforces the genuineness and the importance of this good action by Vedanta and thus needs to be highlighted.

This should be contrasted with the Jindal group, which was reported to have violated the agreement it signed with Orissa government, and siphoned off extra power, until it was stopped by the high court.


Vedanta Group has finally come to the rescue of Orissa which is currently facing an acute power shortage due to scanty rainfall and "almost dried-up" reservoirs and breakdown of certain thermal power units in the state.

The London-based company on Thursday announced to provide 200 MW power daily to the state grid from its own power plants with immediate effect.

Vedanta has managed to get a better price for offloading power to the grid at the rate of Rs 3.60 per unit against the current Rs 3 per unit bought by the state from the CPPs.

In fact, Vedanta had been providing 115 MW of power from its Group Company BALCO in Chattisgarh to Orissa since July 4 by depriving its own smelter.

"Looking at the continuous demand in the state, Vedanta extended its supply with effect from July 9 from Jharsuguda and has managed to provide additional 100 MW of power to the state grid. The total capacity provided by Vedanta will cover up to the tune of one third of overall power shortage in the state," a source in the company said.

This was accomplished in the face of severe challenges, including shortage of coal and non availability of railway "rack," Mr Siddiqi said, assuring, to stand solidly behind the state in all its critical times.

On an average, Orissa’s daily requirement is around 2400 MW, which goes up to 2,800 to 3,000 MW during the peak hours in the evening. The state has a combined installed capacity from hydel projects to the tune of 1,900 MW. But they are generating around 1,000 MW.

Orissa is passing through power crisis forcing the authorities to restrict load restriction on industrial users by 50% among other measures to tackle the situation.

The state is facing shortage of power by 300 MW on an average and 450 to 500 MW at peak time. The delayed monsoon made things worse while the breakdown in the coal fired power plants operating in the state added to the crisis.

The VAL has set up a Greenfield alumina refinery in Orissa’s Kalahandi district with a capacity of 1 million tons per annum. It is also setting up a 0.5 MTPA aluminum smelter, 1215 MW captive power plant at Jharsuguda.

The Group Company Sterlite Energy Limited is also setting up a 2400 MW Independent Power Plants at Jharsuguda.

Army base to come up in Amarda, Mayurbhanj

Baripada- Bangiriposi- Similipal foothills, Defence establishments, Mayurbhanj, New Indian Express, Indian Express, Financial express Comments Off on Army base to come up in Amarda, Mayurbhanj

Following is an excerpt from a report in expressbuzz.com.

Land has been identified near Amarda in Mayurbhanj district for establishment of the Army base in the State.

General-officer-commanding (GOC), central command, J.K. Mohanty met Chief Minister Naveen Patnaik here at the Secretariat today to discuss the issue.

Mohanty told mediapersons that it is now for the State Government to acquire the land and hand it over for establishment of the base.

The Centre recently informed the State Government that it had decided in principle to establish an Army base in the State and requested it to provide the required land. Chief Minister Naveen Patnaik had assured the Centre that it will extend all cooperation including provision of land for this purpose.

Amarda is close  to NH 60 on State highway 61. Its about 15 kms west of from Jaleswar. It is 10 km from Rasgobindpur airport and is about 50 kms from Baripada. There is an Amarda Road station between Basta and Rajghat stations.

The sequence of Railways stations around Amarda Rd are: Balasore, Rupsa Jn (18), Basta (28), Amarda Rd (34), Jaleswar (48).

Talcher FCI revival; a good first step for Srikant Jena but he needs to get the Paradeep PCPIR approved and establish a NIPER in Orissa

Angul, Anugul- Talcher - Saranga- Nalconagar, Central ministers from Odisha, Chemicals, Daily Pioneer, Fertilizers, Jagatsinghpur, Odisha and Center, Paradip - Jatadhari - Kujanga, Samaja (in Odia) 5 Comments »

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.

Updates on Vedanta operations in Orissa

Aluminium, Anil Agarwal, Bauxite, Bhubaneswar- Cuttack- Puri, Coal, HEALTHCARE and HOSPITALS, Jharsugurha, Kalahandi, Medical, nursing and pharmacy colleges, TOI, Economic Times, Vedanta Comments Off on Updates on Vedanta operations in Orissa

Following is an excerpt from a report in Economic Times.

As regards Orissa projects, where 80% of the employees are from the state, we have resolved not to go for any layoff. In fact, we are appointing more and more people in our projects here,” Vedanta Group chairman Anil Agarwal told reporters here on Saturday on the sidelines of his first meeting with Orissa chief minister Naveen Patnaik after the latter swept the just concluded polls.

Mr Agarwal claimed that Vedanta had already invested Rs 25,000 crore of its promised Rs 50,000 crore investment in the state. “The rest will be spent in the next two years”, he assured.

Meanwhile, the VAL had secured Stage I clearance for mining of bauxite in Niyamgiri hills to feed its Lanjigarh project. …

Mr Agarwal also stated that Vedanta had got coal block for its Jharsuguda smelter project and it will soon start coal mining. To a query on the University project, Mr Agarwal said: “We are going to start our university project very soon.”

Mr Agarwal hoped that the state government would soon pass the Vedanta University Bill in the Assembly. “We have already submitted all papers to the state government required for passing of the Vedanta University Bill. I hope it will be passed in the House shortly,” he added.

He informed that Anil Agarwal Foundation – which is setting up a world class university at Puri that includes a 1000-bed hospital – will have its extended centre in Bhubaneswar. “During the meeting, the CM was contemplating if we have can have an extended centre of our hospital project in Bhubaneswar to set up a trauma centre for burn and coma patients. We have in fact agreed for it,” he said.

State Level Single Window Clearance Authority (SLSWCA) clears many projects

Aluminium, Bhubaneswar- Cuttack- Puri, Business Standard, Cement, Cuttack, Dhenkanal, Jajpur Rd- Vyasanagar- Duburi- Kalinganagar, Jindal, Kalahandi, Keonjhar, Malkangiri, Ore pelletisation, Single Window Clearance (SLSWCA), State Public Sectors, Tatas, Thermal Comments Off on State Level Single Window Clearance Authority (SLSWCA) clears many projects

Following is an excerpt from a report in Business Standard.

The State Level Single Window Clearance Authority (SLSWCA) headed by the chief secretary Ajit Kumar Tripathy today cleared five projects worth Rs 2807.7 crore.

…out of the 12 proposals considered by SLSWCA, the proposal of Bhubneswar Power Private Ltd for setting up of a 2X67.5 Mw CPP was deferred. The energy department has been asked to consider the proposal from the policy point of view.

Two major investment proposals by Vedanta Aluminium Ltd (VAL) and Hindalco Industries were partially approved in today’s meeting due to non-availability of bauxite and pending the environmental carrying capacity study by the Orissa State Pollution Control Board.

VAL had proposed to expand the capacity of its refinery at Lanjigarh from one million tonne per annum (MTPA) to 6 MTPA and the smelter plant capacity from 0.25 MTPA to 1.6 MTPA. Besides, the capacity of the CPP was proposed to be raised from 674 Mw to 1350 Mw with a combined investment of Rs 37,440 crore.

The company had signed MoU with the Orissa government for the present capacity at an investment of Rs 12,400 crore. However, SLSWCA only recommended for a smelter capacity of 0.5 MTPA as the company had already achieved this level. It also approved the capacity expansion of the CPP to 1350 Mw as sought by the company. The additional smelting capacity will be considered only after ascertaining the availability of bauxite and receipt of the OSPCB study on environment. Similarly, Hindalco Industries Ltd (Aditya Aluminium) had proposed to expand its alumina refinery capacity to 1.5 MTPA from 1 MTPA at present.

Along with this, the company also sought expansion of its smelting capacity to 0.72 MTPA from 0.26 MTPA and increase in the CPP capacity to 1650Mw from 650 Mw.

SLSWCA has decided to recommend a marginal increase in the smelting capacity from 0.26 MTPA to 0.36 MTPA and CPP capacity from 650 Mw to 950 Mw to the HLCA.

It also put conditional approval to the proposal of the Tata Sponge Iron Ltd. to set up a 1.5 MTPA steel making capacity along with a 52 Mw CPP at an investment of Rs 3101 crore. While the existing sponge capacity of the company is 0.39 MTPA, it had sought to expand its capacity by 0.45 MTPA to 0.84 MTPA.

Similarly, the company proposed to set up one MTPA blast furnace and 1.6 MTPA pellet plant in a separate location in Keonjhar district. It will have to increase the steel making capacity first and after that the increase in the sponge making capacity will be allowed.

The other projects which were approved include 4 MTPA iron ore beneficiation plant at an investment of Rs 360.85 crore to be set up by Kolkata based Rashmi Metaliks at Nayagarh in Keonjhar district.

Similarly, the Rs 624.7 crore investment proposal of Rungta mines, Shyam Steel Industries proposal for setting up 2 MTPA iron ore pelletisation plant were cleared by the SLSWCA. Besides, the Toshali Cement’s proposal to expand its capacity to 2100 tonne per day from 600 tonne per day along with 3.96 lakh tonne per annum grinding unit at Choudwar was also approved.

The proposal of Orissa Thermal Power Corporation, a joint venture between Orissa Hydro Power Corporation (OHPC) and Orissa Mining Corporation (OMC) to set up 2000 MW power plant at Rengali at an investment of Rs 8250 crore also received the nod of the committee.

Jindal India Thermal Power’s proposal to increase the capacity from 1200 Mw to 1800 mw and Lanco Bhawan Power’s proposal to increase its capacity to 2640 Mw from 1230 Mw were approved for recommendation to the HLCA on the basis of strong recommendation of the energy department.

In another significant decision, SLSWCA decided not to allow any more cement plant in the state except Malkangiri district as the state does not have sufficient amount of limestone.

Ten different power plants are being established in Dhenkanal district: Samaja worries about the impact on the environment

Dhenkanal, Samaja (in Odia), Thermal Comments Off on Ten different power plants are being established in Dhenkanal district: Samaja worries about the impact on the environment

Upgrading the Wild Animal Conservation Center in Sambalpur to a Zoo

National Parks and Sanctuaries, Sambalpur, Sambaplur- Burla- Bargarh- Chipilima, Statesman, Telegraph 1 Comment »

Following are excerpts from a report in the Statesman.

The authorities of the Wild Animal Conservation Centre (WACC) popularly known as “Deer Park”, are taking a humane approach to its inmates during this scorching summer.

Deer Park is located inside Sambalpur city in a sprawling area of 35 acres, and is home to nearly 210 animals of 19 different species.

“The utmost care has been taken to supply adequate water and shelter to animals inside this centre to improve their welfare during this hot summer. Of course the green coverage inside adds to their comfort; still we have made extra arrangements for sheds inside the centre,” said Mr DK Swain – the DFO (wildlife) of Sambalpur.

… The centre now houses 94 spotted deer, 10 Chausingha, four barking deer, eight bears, five pythons, one leopard, as well as monkeys, parrots, eagles, grey horn bills and other wild birds in good numbers. And all of them are paid due attention by a well experienced ranger, Mr Amulya Kumar Parida, the DFO said.

Since the WACC is a centre of attraction for the people of Sambalpur and neighbouring districts, a proposal to improve it further has been placed before the central zoo authority, Mr Parida. “We would like to increase the number of animals, and create a beautiful garden inside to attract tourists,” the DFO said, displaying a graph showing an increase in visitors. “Our main aim is to rescue and rehabilitate animals and breed them in captivity. We wish to make this centre one-of-a-kind in the country,” he added.

The new Sambalpur MP should pursue this.

Status of Tata Steel in Kalinganagar: Samaja

Jajpur, Jajpur Rd- Vyasanagar- Duburi- Kalinganagar, Samaja (in Odia), Steel, Tatas Comments Off on Status of Tata Steel in Kalinganagar: Samaja

Village water and sanitation hotline 1-800-345-6770

Dharitri (in Odia), Odisha govt. action, Sanitation - State incentives, Total sanitation campaign - CRSP, Village water and sanitation Comments Off on Village water and sanitation hotline 1-800-345-6770

Orissa state water and sanitation mission has advertised a hotline where people can call if their village water system or tubewell has a problem or if someone wants to know more about installing their own private latrine. Following is the ad that appeared in Dharitri.

Naupada-Parlakhemundi broad gauge ready for trial run

Gajapati, Hindu, Business line, Naupada - Gunupur (Gauge conversion) 5 Comments »

Following is an excerpt from a report in Hindu.

The broad gauge railway line between Naupada and Parlakhemundi, a long-cherished dream of people in parts of Srikakulam and Gajapthi districts, is ready and the mandatory trial run of train on this 40 km new rail track, which was postponed because of election code, will be carried out anytime after April 23.

The 40 km. stretch between Naupada and Parlakhemundi is part of gauge conversion project between Naupada and Gunupur covering a total distance of about 90 km.

According to authorities concerned, the trial run would be followed by introduction of departmental trains and heavy duty machines. Then the Commissioner of Railway Safety, an independent authority with headquarters at Kolkata, would issue clearance for running regular passenger trains. The total cost of the project was Rs.168 crores and so far Rs.120 crores had been spent. The remaining work between Parlakhemundi and Gunupur is also progressing well and is likely to be completed soon.

Work on major bridges in this stretch had already been completed. According to authorities, linking work is likely to be completed by June. There is some problem in procuring ballasts for this track. However, authorities are confident of overcoming this.

The Orissa government should push for a passenger train in this line to be included in the new budget.

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.

Possible locations for two more UMPPs in Orissa

Business Standard, Odisha govt. action, Thermal 2 Comments »

Following is from a report in Business Standard.

Bishnu Dash / Kolkata/ Bhubaneswar April 17, 2009, 0:59 IST

The Centre plans to set up two new Ultar Mega Power Plants (UMPPs) in Orissa. Those projects are proposed to come up at locations closer to the sea and will have a generating capacity of 4000Mw each.

Though the locations have not been identified, five possible locations have been short listed for the purpose which are Kirtania (Balasore district), Dhamara (Bhadrakh district), Paradeep (Jagatsinghpur district) Astharanga (Puri district) and Ganjam (in Ganjam district).

A team of senior officials from the Power Finance Corporation (PFC) and Central Electricity Authority (CEA) were likely to visit the state to identify the locations soon, sources said.

These units will make use of the sea water for meeting their water requirement and the state will get 50 per cent of the power generated from the two proposed UMPPs. The Centre plans to set up 13 UMPPs in different states. This includes Tamil Nadu (2), Gujarat (2), Andhra Pradesh (2), Jharkhand, Maharashtra, Chhattisgarh and Karnataka, one each. Orissa was allotted one UMPP earlier at Sundergarh district.

Meanwhile, the exact location of the Sundergarh UMPP with an installed capacity of 4000 Mw is expected to be finalised soon. … Though the state water resources department has given conditional water allotment for the proposed project, the state has asked for creation of additional water reserves in certain sites.

However, the Centre is yet to agree to this proposal. Sources said, the Centre had agreed to bear the expenses for creation of additional reservoir capacity, but wanted the work to be taken up by the state government.

Besides, the Union government has not agreed to the Orissa government’s stipulations to spend five per cent of the net profit for the peripheral development of the area. It has sought waiver of this stipulation for the project. However, the Orissa government is reported to have expressed it’s unwillingness to waive off this condition for the project.

Happy 61st Birthday Bhubaneswar (April 13) : Sambada

Bhubaneswar- Cuttack- Puri, Khordha, Sambada (in Odia) Comments Off on Happy 61st Birthday Bhubaneswar (April 13) : Sambada

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.

World bank to give a loan of Rs 2200 crores to Orissa for roads and irrigation

Business Standard, Roads, highways and Bus stands, World Bank Comments Off on World bank to give a loan of Rs 2200 crores to Orissa for roads and irrigation

Following is from a report in Business Standard.

In order to bring about a more inclusive growth in Orissa through improved transport and irrigation facilities, the World Bank has earmarked $444 million (around Rs 2,200 crore) assistance package for the state.

The package comprises three projects that will aim to improve the state’s road network (with an allocation of $250 million or Rs 1,225 crore), its agricultural tank systems ($112 or Rs 548 crore) and increase livelihood opportunities for its rural poor ($ 82.4 million or Rs 404 crore).

“The emphasis is not only to build on what has been achieved so far, but also target inclusion of the poorest of the poor,” said Roberto Zagha, World Bank country director for India, in a statement.

“These projects will bring in lessons learned from roads, tanks and livelihood projects across India and help Orissa provide its poor better access to finance, improve the efficiency of the transport systems and increase the availability of water for its farmers,” he added.

Despite doing well on economic front, especially in the mining, agriculture and services sectors, Orissa remains one of India’s poorest states with nearly half of its 38 million people living under the official poverty line, most of them in rural areas.

Under the $250 million Orissa state road project, efforts would be made to remove bottlenecks in transport corridors. The project will also increase the role of private sector in road infrastructure, and assist the state government in establishing an institutional framework in the sector.

Only 22 per cent of the state’s roads are paved, even as most village and district roads remain unconnected to the national highway system. “An efficient road transport system is critical for improving the state’s investment climate and promoting a private-sector-led economic growth,” said Binyam Reja, World Bank senior transport economist and task leader for this project.

The Orissa community tanks management project, which is worth $112 million will rehabilitate about 900 tanks covering a cultivable area of about 120,000 hectares spread across 29 districts of the state. This is expected to increase productivity in agriculture, livestock and fisheries, and promote more effective and sustainable management of tank systems.

The project will support improvements in production technologies and management practices, and better market linkages. It will also strengthen community-based institutions, enabling them to assume greater responsibility for tank management.

The Orissa rural livelihoods project aims to empower the rural poor, especially women and disadvantaged groups, through their inclusion in self-help groups (SHGs). These groups are the primary mechanism for channeling microfinance to the poor in the state. The project will also support creating new SHGs and strengthening existing groups.

Single window clearance for L&T’s power project in Dhamara and JSPL’s power project in Dhenkanal district

Bhadrakh, Business Standard, Dhamara- Chandbali- Bhitarakanika, Dhenkanal, Jindal, L & T, Single Window Clearance (SLSWCA), Thermal 1 Comment »

Following is from a report in Business Standard.

The State Level Single Window Clearance Authority (SLSWCA) headed by Orissa chief secretary Ajit Kumar Tripathy today approved 2 thermal power projects with combined investment of Rs 16,140 crore.

This includes 1680 Mw thermal power project proposed by L &T with an investment of Rs 10,200 crore near Dhamra in Bhadrakh district and 1000Mw thermal power plant proposed by Jindal Steel and Power Ltd (JSPL) at Bainda in the Dhenkanal district with an investment of Rs 5940 crore.

SLSWCA, which considered 10 proposals in the power and steel sector today approved 2 proposals, rejected two proposals while deferring its decision on the remaining 6 proposals.

The two proposals which were rejected are Surya Chakra Power Company proposing to set up a thermal power plant at Balasore and Adhunik power proposing a thermal power plant at Banto in Bhadrakh district.

Talking to the media after the meeting, A K Meena, managing director, Industrial Promotion and Investment Corporation Ltd.(Ipicol) said, due to the non availability of water in different locations some proposals have either been rejected or deferred.

He said, SLSWCA approved the proposal of the L&T Ltd. subject to the condition that the company will use sea water for its plant. Besides, it will have to withdraw the case filed against Orissa government regarding the iron ore lease. It has been suggested that the company will be allowed to sign the memorandum of understanding (MoU) with the state government only after it meets the above two conditions. Similarly, SLSWCA recommended the proposal of the JSPL for setting up a thermal power plant subject to the participation of the company in the creation of water storage capacity in river Mahanadi. The proposals which were deferred are those of Tuff Energy, Tata Sponge Iron Ltd., JR Power Gen Ltd., Poysa Power Project Ltd., Jindal India Thermal Power (capacity expansion) and Lanco group (capacity expansion).

 

State to propose for an army base in one of the backward and maoist affected districts: Samaja

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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 Orissa

Following 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.

State funding to develop Puri as part of a mega tourist circuit

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Following is an excerpt from a report in expressbuzz.

The State Government today decided to develop Puri as a mega tourism circuit with an investment of Rs 50 crore.

An outlay of Rs 30 crore will be made in the next budget for the project that includes improvement of Badadanda (grand road), beautification of Puri town and sea beach, dynamic lighting system of Jagannath temple and Gundicha temple, development of parks and parking lots and construction of a tourist complex.

The high-level meeting chaired by Chief Minister Naveen Patnaik also decided to give a facelift to the peripheral areas of Puri, a major tourist attraction.

At Satapada, a sunset viewpoint and a park will be developed. There will be tourist jetty at Sipaguda and Rajahansa, official sources said. Plans are afoot to paint the buildings lined up on both sides of the Badadanda with a unique colour to give an added attraction to the Puri town. This will be done in consultation with various stakeholders.

While additional parking places for vehicles will be created in various parts of the city, arrangements will be made to ease out traffic during festivals like Rath Yatra. There will be three interchanging nodes within the town to evacuate traffic. It has been proposed to set up a multi-media museum called Srikhetra Sankrutika Sangrahalay. Vending zones will be set up on the sea beach to keep it clean and free from pollution.

Special board and lodging arrangements will be made for tourists. A few tourist complexes will be developed in various locations.

It has been estimated that about 34 lakh out of 52 lakh tourists coming to the State every year visit Puri.