Sandhar Ascast Buys Sundaram-Clayton’s Aluminium Die Casting Business

Jindal Steel Secures 50-Year Mining Lease for Roida-I Block in Odisha

Jindal Steel has received a Letter of Intent (LoI) from the Government of Odisha for a 50-year mining lease of the Roida-I Iron Ore and Manganese Block located in Keonjhar district.The Roida-I block spans 104.84 hectares and contains mineral deposits of 126.05 million tonnes. It holds an Environmental Clearance capacity of 3 million tonnes per annum (MTPA). This resource is expected to reinforce Jindal Steel’s raw material supply chain and advance its goal of integrated and sustainable steel production in India’s mineral-rich eastern region.Jindal Steel secured the mining lease following i..

Second Phase of Rs 3.06 Billion Chellanam Seawall Project Approved

The second phase of the tetrapod seawall project at Chellanam, costing Rs 3.06 billion, has been approved at a ministerial-level meeting held in Thiruvananthapuram. This phase will cover the remaining 3.6-kilometre stretch of the seawall as originally planned.The project will be financed by the Kerala Infrastructure Investment Fund Board (KIIFB). Industries Minister P Rajeeve stated that the revised administrative sanction for the project will be issued within the week.Approval for this phase was granted with special focus on protecting vulnerable stretches of the Chellanam coastline where the..

Goa Nears Completion of 250 Affordable Houses Under PMAY Scheme

The Goa government has completed the construction of 250 houses out of a target of 254 for eligible beneficiaries under the Pradhan Mantri Awas Yojana (PMAY), an official announced on Thursday.The affordable housing project has been implemented at a total cost of Rs 340 million, said P K Shirodkar, nodal officer in charge of the scheme and director of the District Rural Development Agency. He noted that the remaining four houses are expected to be finished within the next two to three months.The scheme, a flagship initiative of the Central Government led by Prime Minister Narendra Modi, aims t..