Nalco to invest Rs 30,000 crore in Odisha

Last Updated: Tuesday, September 8, 2015, 17:05

Aluminium major National Aluminium Company Ltd (Nalco) said it will invest Rs 30,000 crore in Odisha, which has unveiled a new industrial policy aimed at attracting investments worth Rs 1,73,000 crore.

Odisha may offer Posco the JV option with OMC

Last Updated: Tuesday, August 25, 2015, 19:07

Prime Minister's Principal Secretary Nripendra Misra on Tuesday held a meeting with Mines Secretary Balvinder Kumar, Steel Secretary Rakesh Singh, Odisha Chief Secretary G C Pati and Posco India CMD Gee Woong Sung on the steps that can be taken to save the project, sources said.

Tripartite meet on Posco project on August 25: Minister

Last Updated: Saturday, August 22, 2015, 22:08

The much-awaited tri-partite meeting on the country's biggest FDI project proposed by Posco is scheduled to be held in New Delhi on August 25, Odisha Steel and Mines Minister Prafulla Kumar Mallick said Saturday.

Odisha to nudge Centre on Posco issue

Last Updated: Thursday, August 20, 2015, 21:15

The decision in this regard was taken at a high level meeting chaired by Chief Minister Naveen Patnik and attended by Steel and Mines Mminister Prafulla Kumar Mallick.

Posco shifts focus from Odisha project citing 'no progress'

Last Updated: Friday, July 17, 2015, 21:15

Steel giant Posco has shifted its focus from the USD 12-billion proposed steel plant in Odisha citing "no progress" in the project.

Posco suspends $12 billion Odisha project

Last Updated: Thursday, July 16, 2015, 21:00

South Korean steel giant Posco has put on hold its USD 12 billion steel project in Odisha due to delays in various regulatory approvals.

Not quitting Odisha: Posco

Last Updated: Thursday, July 16, 2015, 18:55

The company is reducing its unused office space and other expenditure as part of massive global cost restructuring programme, said a person in the know of developments.

Odisha to set up 150 new cold storages in 4 years

Last Updated: Saturday, June 20, 2015, 16:53

It was decided to increase farm output every year using advanced methods of cultivation, which currently stands at nine lakh tonnes of vegetables from 5,000 hectares of land.

Centre may rope in Tatas for defence unit in Odisha: Pradhan

Last Updated: Tuesday, May 26, 2015, 18:40

A major defence production unit has been proposed in Gopalpur in Odisha, where Tata group can partner the state and the central governments, Union Minister Dharmendra Pradhan said Tuesday.

Odisha governemnt responsible for Posco uncertainty: Pradhan

Last Updated: Tuesday, May 26, 2015, 18:11

The iron ore mines for the project was sent just three days before the new MMDR Act came into being, by then it was clear that mines would be allocated through auction route following modifications in the law.

Odisha lets 3 more mines to reopen

Last Updated: Saturday, May 2, 2015, 19:58

The Odisha government on Saturday decided to allow three more iron ore and manganese mines to resume operations after signing off fresh lease deeds.

Odisha govt asks Posco to pay land premium soon

Last Updated: Saturday, April 25, 2015, 20:54

The Odisha government on Saturday asked South Korean steel major Posco to make outstanding payment of about Rs 50 crore towards land premium and Rs 18 crore towards net present value for forest land diversion.