Asian Development Bank (ADB) has signed an agreement on 26 February for providing US$300 million loan to improve road connectivity along key corridors in Chhattisgarh. The project has been
The Request for Qualification (RFQ) for 4,000 MW ultra mega power project (UMPP) at Surguja in Chhattisgarh issued on March 15, 2010 is withdrawn, PFC said in a notice posted on
The London arm of State-owned infrastructure lender India Infrastructure Finance Company (UK) Limited (IIFCL) has sanctioned credit for a slew of power projects in the country. The
Godawari Power and Ispat Limited plans to set up a 1 million tonne steel plant at an estimated cost of about INR 4,500 crore in the state. The company, part of Raipur-based Hira Group, has acquired about
Is Bihar still a least developed state?. Yes the high-powered committee constituted by the government under the chairmanship of former Chief Economic Advisor Raghuram Rajan says yes. The committee was set up to identify new backward states.
Ambuja Cement, leader among cement companies in India has launched its new, state-of-the-art Concrete Lab which is located at Tikrapara in Bilaspur was inaugurated by Chief Guest
The Indian Stamp (Orissa Amendment) Act, 2001, as amended in 2003, an agreement to sell any immovable property or power of attorney shall be deemed to be sold and stamp duty will be chargeable
Tattapani turns historic as nation’s first geo-thermal project is to be established in the newly-formed Balrampur-Ramanujganj district of Chattisgarh.
State-owned iron ore miner NMDC has plans to set up a 250 Mw coal-based power plant and is in talks with NTPC and SAIL for a joint venture (JV).
Lanco Infratech will enter into a fresh agreement with the Madhya Pradesh government for supply of the entire 300 Mw power from its Korba power plant in Chattisgarh. The state has agreed to waive the rate ceiling for power to be supplied from the plant, after the two sides reached a settlement through arbitration.
Siemens Ltd has secured new order worth nearly Rs 1,970 crore from NMDC to set up the latter’s steel plant at Nagarnar in Chhattisgarh. Siemens will supply all the equipment for setting up complete LD (Basic Oxygen Furnace) steelmaking plant.
Jindal Steel and Power (JSPL) has plans to invest Rs 1 lakh crore to expand its capacity to 20 million tonnes per annum (MTPA) by 2020.
The Chhattisgarh government has, for the third time, renewed the Memorandum of Understanding (MoU) it had signed with Tata steel for setting up a mega steel plant in Bastar region. This has provided another breather for Tata steel.
The ambitious rail corridor project in Chhattisgarh has moved on to the final track of implementation with the deck clearing for the formation special purpose vehicle (SPV).
Global steel maker and the world’s second most diversified steel producer, Tata Steel has expressed keen interest in renewing the pact that it had signed with NMDC in 2010 for exploring possibilities of entering into a number of joint ventures for acquisition of mines and setting up steel plants.