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Archive for July, 2010

HCC wins order from Hindalco

July 28, 2010 Leave a comment

HCC bagged an order valued at Rs 126.225 crore from Hindalco Industries for potline structural steel fabrication works for Aditya aluminium smelter project at Sambalpur, Orissa.

The scope of work includes fabrication & supply of bolted/welded structural steel works, including built-up sections made out of plates, rolled sections as per EIL specifications for potline, CSS, PTM. The project is to be completed in 16 months from the date of issue of this order.

Categories: Metallurgy

Energy and Oil City planned at Sonepur

July 28, 2010 Leave a comment

A consortium led by the Greenko Group plans to set up an ‘Energy and Oil City’ at Sonepur in Ganjam district of Orissa at an investment of Rs 15,000 crore.

The proposed city will have a port, a shipbuilding unit, a 1,000 MW gas based power plant, a desalination plant with a capacity of 120 million litres per day, a modern township, and a petrochemical complex. An Energy Academy is also to be set up for generation of technical know-how in the energy and oil sectors and to help create infrastructure for port, power plant, desalination plant and township at a cost of Rs 100 crore.

Sonepur Energy and Oil, a SPV formed by the consortium will execute the project.

SIPCL plans investment in Orissa power project

July 27, 2010 Leave a comment

Sahara India Power Corporation (SIPCL) is expected to pump in Rs 8,000 crore on its proposed 1,320 MW power project at Titlagarh in Bolangir district of Orissa.

The plant requires 950 acre and Industrial Infrastructure Corporation has been entrusted the task of land acquisition. The Orissa water resources department has sanctioned 50 cusecs water to be drawn from the Tel River.

The plant will be based on environmentally efficient supercritical technology and operate with effluents of less than 50 per cent of the limits fixed by the union ministry of environment and forests.

Categories: Power

NALCO to relocate its aluminium plant to Sundergarh

July 26, 2010 Leave a comment

NALCO has decided to relocate its proposed Rs 16,000-crore aluminium cum power complex at Sundergarh, due to environmental issues faced by it at the initial selected site in Jharsuguda district of Orissa.

NALCO is likely to submit a proposal on new location of the project to the Orissa Government shortly.

Though the company proposed to build a 0.5 million tpa aluminium smelter and a 1,260 MW captive power plant, the final project size will depend on the amount of water allotted to it. The project will require about 1,200 acre.

Categories: Metallurgy

Icore Group plans to invest in Orissa

July 20, 2010 Leave a comment

Icore Group, the Kolkata based company with interests in steel making, cement, gems and jewellery apparel and paints, proposes to pump in Rs 5,000 crore in Orissa setting up a 1.8 million tpa steel plant and a cement crushing unit with a capacity of 5,000 tpd.

The steel cum cement complex is to be spread over 80 acre at Somanthpur in Balasore district. The Group expects to sign an MoU with the Orissa Government shortly. It has submitted the DPR to the Industrial Infrastructure Corporation of Orissa.

Initially, Icore is likely to start the steel plant with a capacity of 0.36 million tpa at a cost of Rs 1,000 crore and later scale up to 1.8 million tpa. While the cement crushing unit is set to commence operations from December 2010, the steel plant is expected to be operational by March 2011.

Categories: Cement, Metallurgy Tags:

Bedabahal UMPP faces hurdles

July 11, 2010 Leave a comment

The 4,000 MW Bedabahal ultra mega power project (UMPP) may hit a road block as the captive coal mines linked with the project now figures in the list of areas prohibited for mining activities by the MoEF.

The UMPP has been allocated three coal blocks, out of which Minakshi B and dipside of Minakshi, fall in the prohibited region.

The project which requires an investment of about Rs 20,000 crore is a pit-head power project. Orissa Integrated Power, a SPV of PFC has invited RFQs and RFPs, last date of submission being 30 July 2010.

Categories: Power

Essar Energy may buy Navbharat’s power project

July 10, 2010 Leave a comment

Essar Energy is considering buying Navbharat’s power project in Orissa for around Rs 200 crore. Initially, the company would acquire a 76 per cent stake and the rest will be acquired on completion of certain project milestones

The power project to be located near Meramundali & Kharagprasad villages in Dhenkanal district is to have a capacity of 2,250 MW capacity. The project is being implemented in two phases, Phase I of 1,050 MW and Phase II of 1,200 MW, at a total estimated cost of close to Rs 9,000 crore.

The power project has been accorded joint allocation of coal block at Rampia & Dip side of Rampia by Coal India. The company has also acquired environment, forest clearances for the project. Other requirements like water, railway connectivity have been arranged as well.

Categories: Power
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