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Action group to ramp up capacity of Orissa plant

December 1, 2012 Leave a comment

Footwear major Action group is likely to infuse around Rs 3,000 crore in next three years to scale up its steel and power business.

The company is planning to increase its steel capacity from 0.3 million tpa to 1.5 million tpa in Jharsuguda, Orissa over next three years. This is subject to getting environmental clearances for additional production beyond one million tonne. This expansion will entail an additional investment of Rs 3,000 crore. The company already pumped in around Rs 1,400 crore in the Orissa plant for which the work is going on. The environmental clearances for the initial capacity has already been in place, and it expects the clearances by June 2013 for the additional capacity.

The company also plans to ramp up its captive power capacity from the initial planned 95 MW to 125 MW by January 2013.

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Orissa planning biomass power projects

December 23, 2009 Leave a comment

Shali Vahana Green Energy is setting up a 20 MW rice husk based power plant at Nimidha village in Dhenkanal district of Orissa.

The company is one of the eight developers who have signed MoU with the Orissa Renewable Energy Development Agency (OREDA), the nodal agency to promote renewable energy in the state, for bio-mass based power projects with aggregate production capacity of 90 MW.

So far, the company has completed more than half of the construction work and currently, the construction of the boiler is underway. The Orissa Government hopes to get the power generated from this plant by July 2010.

The other developers who have signed MoU are Satya Bio-Power Industry is likely to set up a 10 MW plant in Ganjam, AVN Power Projects setting up a 10 MW power plant in Kalahandi district and Prasad Bio-Energy planning a 10 MW unit in Raygada.

While Jaylaxmi Bio-Energy intends to set up a 10 MW plant in Nayagarh, another plant of similar capacity by Andhavarapu Bio-Energy is expected to be set up in Nawarangpur.

Besides, the State Technical Committee has approved the setting up of two more such projects with a combined generation capacity of 39 MW. This is expected to take the envisaged generation capacity in the bio-mass sector of the state to 129 MW.

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