Archive for February 19, 2010

Medicity planned in Jagatpur

February 19, 2010 Leave a comment

Sahyog Foundation plans to set up a Medicity at Jagatpur near Cuttack and a college and hospital at Keonjhar in Orissa at an outlay of Rs 1,100 crore. The amount is to be raised through a mix of debt and contributions from the promoters and Non-Resident Indians.

The foundation has commenced land acquisition process for the Rs 900-crore medicity. The project is to comprise a 150-seater medical college, 700-bed hospital, homeopathic college, an ayurvedic college and other public amenities like a shopping mall, gymnasium, swimming pool and food court. The project is expected to be operational by 2014.

The Keonjhar project entailing a cost of Rs 200 crore will have a medical college with 50 seats to begin with and a 300-bed hospital. Sahyog is to sign the MoU with the Orissa Government for setting up the project shortly.

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Phase I of Dhamra port by July

February 19, 2010 Leave a comment

Dhamra Port Company (DPCL) is likely to commission the Phase I of the Rs 2,400-crore Dhamra Port in Orissa by July 2010.

DPCL, a 50:50 JV of Tata Steel and L&T began the port project work in April 2007. The port is being developed in phased manner.

In the Phase I, DPCL is likely to install two fully mechanised berths of 350 mtrs each with a capacity to handle 27 million tpa along with a backup facility to undertake imports of coking coal, steam coal, limestone and export of iron ore.

The company plans to set up 13 berths with a capacity to handle more than 100 million tpa of dry and liquid bulk cargoes including containers in the 18-km-long sea shore. The berths are designed for draught of 18 mtrs capable of handling cape size vessels up to 1,80,000 DWT (dead weight tonnage).

Further, Tata Steel plans to build a 62-km rail track between Dhamra and Bhadrak on the main Howrah-Chennai line.

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