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odisha plans steel downstream park at kalinganagar, tatas keen to invest




aiming to tap downstream industries in crude and stainless steel, odisha plans to set aside 300-400 acres land at kalinganagar, home to a cluster of steel units, for a dedicated downstream park. ancillary and downstream industries in metals such as steel and aluminium, is listed as one of the six fo...



odisha approves downstream parks by jsl, welspun, gitanjali




the odisha government has approved the establishment of three private industrial parks proposed by jindal stainless ltd (jsl), gitanjali infratech ltd and welspun ltd entailing an investment of rs 1,640 crore. the projects got the nod at a meeting chaired by odisha chief secretary a p padhi. the par...



odisha aims to be hub for aluminium downstream, ancillary units




the initiative is in tune with the state government's efforts to attract investments in ancillary and downstream industries, one of the six focus sectors listed in its latest industrial policy statement of 2015. last month, the state government, in collaboration with tata steel and jindal stainless ...



tata steel to invest rs 15 bn on gopalpur sez infrastructure




tata steel plans to invest about rs 15 billion in phased manner for development of infrastructure at gopalpur special economic zone and industrial park in odisha. nearly 20 companies from india and abroad have shown interest to set up their units in the park. the sez and industrial park is spread ov...



tata steel achieves full ramp-up at kalinganagar, plans cold rolling mill




tata steel said it has achieved full-ramp of its first phase envisaged capacity of three million tonnes at the kalinganagar project in odisha. “we are now running with the full rated capacity (three million tonnes). there is 100 per cent capacity utilisation”, said rajiv kumar, vice president (k...



tata steel to begin ground work on kalinganagar expansion in april




tata steel aims to start work on the ground on its expansion at the greenfield kalinganagar plant in odisha by april this year. the steel company has pledged rs 23,500 crore investment to ramp up crude steel capacity of this project to eight million tonnes per annum (mtpa) from three mtpa now. “we...



tata steel to firm up iron ore supplies for kalinganagar




the project configuration and costs include investments in  raw material capacity expansion, upstream and midstream facilities, and infrastructure and downstream facilities, including a cold rolling mill complex. the second phase capacity addition is planned to meet the requirements of automotive, ...



tata steel plans to beat volatility with wider value-added product basket




tata steel aims to overcome the volatility in steel business by widening the portfolio of its value-added products. in the april-september period of 2017-18, tata steel clocked a six-fold jump in sales in new sub-segments like pre-engineered buildings (peb), lifting & excavation (l&e), construction ...



neelachal ispat restarts ops, aims at 3,500 tonnes hot metal output per day




neelachal ispat nigam ltd (ninl) has resumed its blast furnace operations at kalinganagar (odisha) after completing capital repair work. ninl, a steel psu jointly promoted by mmtc ltd and two odisha government psus — odisha mining corporation (omc) and industrial promotion & investment corporation...



world food india 2017: amul, tgb, keventer keen to invest in odisha




odisha has received a flurry of investment intents in food processing space at the world food india 2017 meet in new delhi being held on november 3-5. diary giant gujarat cooperative milk marketing federation which sells its products under ‘amul’ brand has declared its intent to invest rs 250 cr...



snag at tata steel kalinganagar plant puts spanner in its output target




the unscheduled shutdown of blast furnace at tata steel's kalinganagar plant is set to deprive the unit of achieving its targeted capacity of 3 million tonne this fiscal. the blast furnace was shut down because of a technical snag on 29th of last month and would be put back in operation in another w...



tata steel to raise rs 12,800 cr to fuel growth strategy




steel major tata steel on tuesday said its board has approved raising rs 12,800 crore through a rights issue to finance organic and inorganic growth plans.the board in its meeting today also approved a proposal to expand the capacity of kalinganagar plant by 5 million tonne per annum (mtpa) to 8 mtp...



tata steel elevates t v narendran as global ceo & md




tata steel ltd has promoted t v narendran as chief executive officer and managing director globally, the company said on tuesday. narendran, 52, a company veteran who joined the tata ranks in 1988, was serving as managing director (india and south east asia) for the past four years.tata steel execut...



jsw steel to tweak odisha project design, scale up capacity to 12 mtpa




sajjan jindal-owned jsw steel is set to redraw its project design for the mega steel plant proposed in odisha near paradip. the company is now keen on 12 million tonnes per annum (mtpa) instead of 10 mtpa mill proposed initially. "jsw steel has of late evinced interest to set up a higher capacity s...



nalco, canada's almex to forge jv for rs 25 bn auto-grade aluminium unit




national aluminium company ltd (nalco) has firmed up plans to set up a joint venture with ontario (canada)-based almex for the production of automotive-grade aluminium. the project, estimated to cost rs 25 billion, will come up at the downstream aluminium park at angul (odisha) in the vicinity of na...



sahara power to build 200 mw power plant in odisha; scraps 1320 mw plan




sahara india power is keen to develop a 200 mw solar and wind power plant in odisha’a bolangir district. the company had initially planned to set a 1320 mw thermal power plant at the site. the solar park will come up over 990 acres of land. “sahara india power corporation has plans to develop so...



odisha on radar for the rs 150 bn sail-arcelormittal auto grade steel jv




odisha, home to steel manufacturing units owned by tatas, jindals and others, is being considered as one of the potential locations for an automotive grade steel plant proposed jointly by arcelormittal and steel authority of india ltd (sail). sail has written to odisha industries secretary sanjeev c...



jsw steel may go ahead with 12 mtpa odisha steel project sans captive port




sajjan jindal-led jsw steel might have to settle for its 12 million tonne mega steel mill proposed in odisha without a captive port project. the port project, part of the steel maker's consolidated investment package, was considered key to its operations in the state. jsw steel had pledged an invest...



odisha on radar for the rs 150-bn sail-arcelormittal auto grade steel jv




odisha, home to steel manufacturing units owned by tatas, jindals and others, is being considered as one of the potential locations for an automotive grade steel plant proposed jointly by arcelormittal and steel authority of india ltd (sail). sail has written to odisha industries secretary sanjeev c...



japan's top egg producer ise foods keen to invest $275 million in odisha




odisha’s food processing sector, one of the six focus sectors listed in its industrial policy statement of 2015, has got a major boost with a japanese investment in the offing.ise foods inc, japan’s leading egg producer, is in talks with state government officials to invest $275 million (approxi...



tirupur exporters eye expansion in odisha, seek to invest in textile park




t e narasimhan  |  chennai  may 21, 2017 last updated at 16:19 ist



sail records robust turnaround: expansion plans continue to drive volumes




steel authority of india (sail) reported a net profit in october-december after a gap of 10 quarters. the company and its peers continued to benefit from the rise in steel realisations over the last two years, helped by government measures; even so, these gains had not fully percolated to the net pr...



tata steel starts production at ferro-chrome plant in odisha




tata steel’s first greenfield ferro-chrome plant in india at gopalpur industrial park in ganjam district of odisha has started production. chromite briquettes used for making ferro-chrome have been produced by the briquetting plant at the ferro-chrome plant complex. the briquetting plant had earli...



vtb bank-ruias, arcelormittal, tata steel to make bid for essar steel today




a consortium led by vtb bank of russia with a minority stake of ruias is set to make a bid for essar steel on monday. the bids are expected to touch rs 30 billion. arcelormittal and the tatas are also in the race for the company which has a 10 million tonnes per annum capacity plant in hazira, gujar...



jsw steel seeks green nod for odisha mega steel plant




sajjan jindal-controlled jsw group with interests in steel, infrastructure and energy, has sought the green nod for its mega steel plant cum captive power plant (cpp) proposed near paradip in odisha. the company has applied for environment clearance for the crude steel plant of 13.2 million tonnes p...