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UltraTech Cement plans to invest Rs 11,000 crore over the next three years to increase its production capacity.
The Environment Ministry has given in-principle clearance for Naveen Jindal-led Jindal Power's Rs 13,140 crore expansion project in Raigad.
NTPC, India's largest power company has synchronised the 500 MW seventh unit of the Korba super thermal power station in Chhattisgarh with the grid.
The Asian Development Bank (ADB) will provide Rs 1,500 crore loan to Chhattisgarh for developing road infrastructure in the state. Under the project, the state plans to develop 1,500 km of roads.
Mass housing project RPP Infra Projects has won a mass housing project in the Republic of Gabon from the Ministry of Housing. The contract envisages construction of 10,000 houses over 36 month. Coke oven package NMDC has awarded a Rs 1,978 crore contract to Bhilai Engineering Corporation for the entire coke oven package meant for its upcoming 3 mtpa steel plant in Chhattisgarh.
Engineering major BHEL agreed to provide a raw material handling system (RMHS) package to NMDC’s upcoming 3 mtpa integrated steel plant at Nagarnar in Chhattisgarh.The RMHS will handle approximately 10 mtpa of raw material, catering to the different units of NMDC’s steel plant.
Emami is diversifying into the cement business and will invest Rs 1,750 crore to set up production units in the next three years.
The government proposes to offer a lifeline to power projects languishing due to lack of fuel linkage. These projects will now be allowed to participate in the bids for supply of power to distribution utilities.
Shree Cement, which obtained limestone mining licence in Rajasthan, Karnataka and Chhattisgarh, said the land acquisition is proving to be a problem.
GMR Energy Ltd, a unit of GMR Infrastructure, will start construction work by March 2010 on its 1,200 MW thermal power project in Chhattisgarh.