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Archive for March, 2010

BHEL plans power plant at Paradip

March 25, 2010 Leave a comment

BHEL bagged an order valued at Rs 3,348 crore from Indian Oil Corporation to set up 376 MW captive power plant at the upcoming Paradip Refinery project in Orissa.

The gas turbine based combined cycle power plant is likely to meet the power and process steam requirement of the upcoming grassroot refinery and is slated for commissioning by November 2012.

The equipment for the project is to be supplied by BHEL’s plants at Hyderabad, Trichy, Ranipet, Bhopal, Jhansi and Electronics Division, Bangalore. Civil works and erection and commissioning of the captive power plant will be carried out by the company’s Power Sector Southern Region.

Auto Park planned in Orissa

March 20, 2010 Leave a comment

Amtek Metal & Mining inked an MoU with the Orissa Government on 19 March 2010 for setting up a mega auto park with an associated two million tpa integrated steel plant and 500 MW power plant at Tangi in Cuttack district.

The project is expected to entail an investment of Rs 15,820 crore and is likely to spread over 2,500 acre. Of the total, Rs 2,050 crore is proposed to be invested for the auto park in phases for which about 550 acre will be required.

Eight companies evince interest in coal mining in Angul

March 18, 2010 Leave a comment

The Orissa Government has received proposals from eight companies interested in undertaking coal mining in Angul district.

The state government has issued terms and conditions for mining operation in favour of four companies. They are Jindal Steel and Power (JSPL), Monnet Ispat and Energy, Utkal Coal and Kalinga Mines.

Meanwhile, the proposals of four others are under process. They are NALCO, Tata Sponge Iron, Bhushan Steel and Mandakini Coal.

JSPL has signed an MoU with the state for establishment of a six million tpa steel plant. Similarly, Monnet Ispat has also inked MoU for setting up a 0.25 million tpa steel plant.

Categories: Mining Tags: ,

State clears three projects

March 12, 2010 Leave a comment

The State Environment Impact Assessment Authority, Orissa, has given environmental clearance to three projects in the state. The approval follows the recommendations of the State Environmental Appraisal Committee to this effect.

The cleared projects are Tusula minor irrigation project in Deogarh district, Turpi minor irrigation project in Kalahandi district and the building and construction project of the Central Government Welfare Housing Organisation.

Tusula project is an ongoing diversion near village Tusula in Barkote block of Deogarh district. It has been designed to provide irrigation facilities to 162 ha of Khariff and 20 ha of Rabi ayacut.

Similarly, Turpi project is a reservoir project which is likely to come up across Khalanalla River in Bhawanipatna block of Kalahandi district.

Three hydro power projects planned in Orissa

March 8, 2010 Leave a comment

The National Hydro Power Corp (NHPC) and the Orissa government have finalised a deal for setting up three hydro – power projects at Sindol on river Mahanadi downstream Hirakud dam.

The state has identified 3 sites between Chiplima and Boudh as Sindol I (Deogaon), II (Kapasira) and III (Godhaneswar) for the hydel units with a total capacity of 320 mw. The total investment in the projects has been estimated at Rs 3,000 crore. The state-owned Orissa Hydro Power Corp (OHPC) has already prepared a feasibility report.

The NHPC and the state government-owned Orissa Hydro Power Corp (OHPC) is likely to sign an MoU for the purpose soon. At present a draft MoU has been sent for the vetting of the state law department. Once the formalities are over, the MoU will be signed between the two parties.

The projects will be developed with NHPC having the controlling stake of 51 per cent while the state-owned OHPC will have 49 per cent.

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