Nano turns Sanand land into gold
GIDC Buying Land From Farmers At Rs 48L/Acre Rajiv Shah & Himanshu Kaushik | TNN Gandhinagar: Two years ago, Bharatbhai Bhikhubhai
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CM weathers SEZ storm, for now!
Chief Minister Digambar Kamat today said that the Special Economic Zones (SEZs) which were not notified and scrapped will die a natural death in wake of the State withdrawing the SEZ Policy. Replying to cut motions tabled by the Opposition in the House, Kamat said that the State had asked these SEZ companies to revert back the land allotted by the government.
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Posco: Yet another survey from July 25
PARADIP: The district administration today constituted joint survey teams to start yet another survey from July 25 through Global Positioning System (GPS) in the three panchayats of Dhinkia, Nuagaon and Gadkujang, the proposed Posco site. The decision was taken at the suggestion of IDCO and Posco officials.
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It isnt going to come easy
The Communist Party of India (Marxist)-led Left Front government in West Bengal had handled the acquisition of land from the peasants for the Nano car project of Tata Motors at Singur in a hopelessly insensitive manner. The Trinamool Congress, the main opposition party, has ever since tried to gain all it can from this failing of the communists. The CPI(M), in its anxiety to pursue industrialisation at all costs, should have known better than to be more concerned about the incentives for private industry than about livelihoods and asset security for the local populace. (Editorial)
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Panel to visit Posco site to vet forest clearance
Dilip Bisoi Bhubaneswar: The NC Saxena Committee, constituted by the Union ministry of environment & forest, will visit the Posco project site this week to study the implementation of Forest Right Act.
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JSPL seeks Government nod for shifting plant
ANGUL: Naveen Jindal led Jindal Steel and Power Limited (JSPL) has approached the State Energy Department for relocation of its proposed 1320 MW power plant in the district. The Jindal power authorities want the plant to be shifted to Badakerejeng village near its steel plant at Nisha from the originally proposed Boinda.
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State to form panel on land allotment to industries
Chief Minister B S Yeddyurappa on Monday said a high-level committee would be constituted to monitor proper utilisation of land allotted by the government to industrial enterprises. The chief minister, who was in Delhi to meet party president Nitin Gadkari, said the committee would study the profile of the industry, purpose of setting up plant, requirement of land and its proper utilisation.
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BMC will undertake 8k cr water project
Mumbai: The BMC and not the Mumbai Metropolitan Region Development Authority (MMRDA), will undertake the next water supply project for the city. The city will receive 865 million litres daily (mld) once the project is completed, which is expected in a decade. The MMRDA had announced in 2010 that it would develop the Rs 8,500-crore Pinjal water supply project at its cost. The state irrigation department had even granted in-principle approval for the project. But the MMRDA recently informed the department that it was no longer interested in taking up the project as it has been able to tap water from other sources for the metropolitan region.
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NHAI close to acquiring 80% land for June projects
Mihir Mishra / New Delhi March 31, 2010, 1:23 IST The National Highways Authority of India (NHAI) is in its final stages of acquiring 80 per cent of the land required for Work Plan I. It requires 30,000 hectares. Work Plan I is the list of projects to be awarded till June this year, under which 126 projects worth a total of Rs 1 lakh crore will be awarded.
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HPCL to set up Rs 37,000-cr project in Rajasthan
The company will on March 13 sign a MoU with the Rajasthan government for setting up the refinery-cum-petrochemical complex State-owned Hindustan Petroleum Corp Ltd (HPCL) plans to invest Rs 37,000 crore in setting up a nine million tonne oil refinery and a petrochemical complex at Barmer in Rajasthan. The company will on March 13 sign a Memorandum of Understanding (MoU) with the Rajasthan government for setting up the refinery-cum-petrochemical complex, a source privy to the development said.
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Oil is well: Rajasthan gets Rs 36,000-cr refinery boost
JAIPUR: In what will be the biggest ever investment in the state, the board members of Hindustan Petroleum Corporation Limited (HPCL) approved the Rajasthan government's proposal to set up the 19th oil refinery of the country in Barmer. "The memorandum of understanding (MoU) to set up the refinery at Barmer will be signed in Jaipur on March 14 in the presence of Union minister of petroleum and natural gas Veerappa Moily," said a delighted state chief minister Ashok Gehlot. Talking to TOI, Gehlot said that the proposed refinery is a landmark achievement for the entire state and it will translate into revolutionary growth. "I immediately called Mr Moily and welcomed the decision," he added.
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Wildlife group complains to MoEF over Jindal plant
The Wildlife Society of Orissa (WSO) has asked the ministry of environment to investigate into the Jindal Steel and Power (JSP) plant illegally drawing groundwater for its upcoming power plant in Angul district. JSP is building a 12-million tonne steel plant with a captive power plant of 135 MW. Khirod Singh, a lawyer and farmer in Angul district, pointed out that, “Our tube wells and ponds have all begun to go dry and by mid-March we will not even have drinking water. Last year also we suffered the same fate.”
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Posco: PPSS gives the war cry
PARADIP: Giving the battle cry, Posco Pratirodha Sangram Samiti (PPSS) today organised a 'Maha Samelani' at Dhinkia to intensify antiPosco stir. Antiland acquisition leaders from the State and outside congregated in the village and vowed to step up the agitation till the shifting of the steel project. They also burnt Posco package in effigy to vent their ire.
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Vedantas Niyamgiri project delayed as Orissa goes for fresh forest survey
Bhubaneswar: The London Stock Exchange listed Vedanta Resources has to wait for some more time to source bauxite from the Niyamgiri mines for its 1 million tonne alumina plant at Lanjigarh as the state government has decided to conduct a fresh survey of the forest area to settle the claims under Forest Right Act.
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Farmers set for bitter fight over Mithi Virdi N-plant
Large number of farmers and environmentalists will gather at a mega congregation in Mithi Virdi village of Bhavnagar district on Monday to oppose tooth and nail the 6,000 MW nuclear power plant proposed at this coastal site. The congregation comes just a day before the crucial public hearing to be conducted by the Nuclear Power Corporation of India Limited (NPCIL) at Navagam (nava) village. On March 5, NPCIL has organized the public hearing on the environment assessment report (EIA) on the first-phase 1,000 MW project that involves setting up of six light water reactors. The report has been prepared by Engineers India Limited (EIL).
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The new shifting agriculture: Shopping for fields overseas
In the wake of runaway inflation and the ensuing food crisis, the prime minister constituted three high-powered committees of chief ministers and central ministers to recommend ways of containing inflation, improving PDS and boosting agricultural production.
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Budget to help India Inc save Rs 25,000 cr in 2 years
15% allowance on capital expenditure would help PSUs, too India Inc has a good reason to step up capital expenditure (capex). With the Budget proposing an additional investment allowance of 15 per cent for assets acquired and installed in the next two years for over Rs 100 crore in capital spending, companies are expected to get a total benefit of Rs 25,000 crore. According to an estimate by the Centre for Monitoring Indian Economy (CMIE), India Inc plans fresh capital expenditure of around Rs 5,00,000 crore in 400 projects in the next two financial years.
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ArcelorMittal gets land in K'taka, miles to go for steel plant
The company has got the entire 2,700 acres of land near Bellary, Karnataka ArcelorMittal has finally crossed the biggest hurdle in setting up any project in India -- land. The company has got the entire 2,700 acres of land near Bellary, Karnataka, required for its steel plant from the state government. Bellary is the the rich iron ore district of Karnataka where most of the steel plants, including 10 million tonne plant of JSW Steel is located. The land has been acquired by the Karnataka government through Karnataka Industrial Area Development Board (KIADB) and the company has deposited Rs 260 crore with the government for the same.
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Posco package: RPDAC to meet on July 8
PARADIP: To finalise the Posco compensation package, the district administration has called a meeting of Rehabilitation and Peripheral Development Advisory Committee (RPDAC) at Jagatsinghpur on July 8. A notification was issued to all members of RPDAC today asking them to participate, said District Rehabilitation Officer Surjeet Das.
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Posco relief package to be released this week
Dilip Bisoi Bhubaneswar: The much-awaited compensation package for Posco is expected to be finalised by next week. The rehabilitation and peripheral development advisory committee (RPDAC), the statutory body to decide the compensation package, is meeting next week to take a decision on the package.