Archive for July 13, 2012

Kesoram Industries to go slow on car tyre project

July 13, 2012 Leave a comment

Kesoram Industries has decided to delay a new tyre manufacturing project in Orissa citing slowdown in the automobile industry where several auto makers have even resorted to stopping production to prevent piling up of inventory.

The company was to commission its 80 tpd car radial tyre project at Balasore by March 2013. The project cost was estimated at Rs 400 crore. However, the company now reassess the project from the market perspective and also from the point of view of its ability to fund the project in a realistic manner.
Categories: Rubber Products

Ministry of Environments approves Essar’s Paradip Coal Berth

July 13, 2012 1 comment

The MoEF has accorded approval for the All Weather Deep Draft Coal Berth at Paradip port (Orissa) that has been awarded to Essar Ports.

The coal berth project was awarded to Essar on BOT basis on a 30 year concession. Now, the company has received formal intimation from the Paradip Port Trust to commence mobilization towards construction activities. The company will build a mechanised berth of 370 mtrs length. This would give the facility an effective handling capability of 14 to 18 million tpa. This project is a part of Paradip Port Trust’s plans towards mechanisation of coal imports.

Public Works Department, Orissa invites bids

July 13, 2012 Leave a comment

Public Works Department, Orissa has invited bids from potential companies for widening of roads in the state.

The bids have been invited for the construction of two lane road from Tatkaposi to Deogarh from km 0.00 to km 45.10 including Gohira bridge and Patna bye pass from km 78.065 to km 82.65 of Dhenkikote-Saharapada road (SH-49) in Keonjhar & Deoghar district under Vijayawada-Ranchi Corridor in the state of Orissa. The Rs 115.56 crore project will be completed within 36 months. Last date for the submission of bids is 14 August 2012.
Categories: Roadways
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