Coal India plans 2 SPVs in Odisha for speedy fuel evacuation

Last Updated: Saturday, February 7, 2015, 19:12

These SPVs would be mainly for constructing additional lines, sidings for evacuating coal from the CIL mines in Odisha, the state-run miner said in a filing to the BSE.

HDFC Bank to open 16 branches in Odisha by March-end

Last Updated: Friday, February 6, 2015, 21:07

Private lender HDFC Bank on Friday said it will open 16 more branches in Odisha by the end of March this year.

Posco: Odisha asks Centre to respect international commitment

Last Updated: Friday, February 6, 2015, 16:00

Odisha government on Friday said it would like the Centre to accept its recommendations in favour of Posco and termed Union Minister Narendra Singh Tomar's statement that the South Korean steel major too must participate in bidding in order to get mining lease, as "going back from international commitment".

Fresh blow to Posco as the firm needs to bid for ore mine

Last Updated: Thursday, February 5, 2015, 21:49

In a fresh blow to Posco, the South Korean steel major will be required to participate in auction to get iron ore mine to feed its USD 12 billion facility in Odisha instead of direct allotment as assured earlier.

Posco may have to bid for mines to feed Odisha plant

Last Updated: Monday, January 19, 2015, 18:46

Caught between Odhisa's assurance and the Centre's ordinance for auction, South Korean major Posco's wait for getting mines to feed its 8 mtpa steel plant in the state is likely to be little longer than expected.

Tata Steel's Kalinganagar unit to start production by Mar/Apr

Last Updated: Saturday, January 10, 2015, 15:46

Tata Steel is hopeful of starting production in the new integrate greenfield steel plant at Kalinganagar in Odisha in the next few months and is expecting Consent of Operation from the state government in couple of days time.

Govt to invite bids for 4 UMPPs in 3-6 months: Goyal

Last Updated: Friday, January 9, 2015, 13:28

The government is looking to start a fresh process of inviting bids for ultra mega power projects (UMPPs) at four locations in the country in the next three-six months, Power Minister Piyush Goyal on Friday said.

Power ministry cancels UMPP bidding; to set-up committee soon

Last Updated: Thursday, January 8, 2015, 15:35

The government has abandoned the bidding process of two ultra mega power projects (UMPPs) in Odisha and Tamil Nadu and will soon set up a committee to move it forward.

Govt plans pilot project to produce urea from coal in Odisha

Last Updated: Saturday, January 3, 2015, 16:53

The Minister said India imports urea from China, where it is produced from coal using a German technology.

Odisha raises VAT on petrol, diesel

Last Updated: Wednesday, December 24, 2014, 23:08

Petrol and diesel in Odisha will now cost more by Rs 1.49 per litre and Rs 1.33 per litre respectively with the state Cabinet on Wednesday deciding to increase the VAT to 23 percent from the current 20 percent.

Coal India forms ventures for Talcher colliery revival

Last Updated: Tuesday, December 23, 2014, 17:18

State-run Coal India Ltd (CIL) Tuesday said it is embarking upon two joint ventures to revive the Talcher coalfield in Odisha.

IL&FS signs MoU with NOCCI for excellence centre

Last Updated: Friday, December 12, 2014, 15:41

NOCCI, which has a membership of over 100, can work as a conduit to pick up school drop outs and unemployed youth to provide required training to make them employable, he added.