Having acquired Adhunik Cement for Rs 560 crore, Dalmia Bharat Enterprises is set to strengthen its presence in the North East. This is the company's second acquisition in the region after it acquired a 50 per cent stake earlier in Assam-based Calcom. With this, the company hopes to establish over 3.5 mn tonne of production capacity in the region. At present, demand in North-East is estimated at about 6 mn tonne a year and growth rate at a healthy 12-15 per cent.
The Union Ministry of Road Transport & Highways (has been implementing ongoing Special Accelerated Road Development Programme in North East (SARDP-NE) since 2006-07 for improvement and development of various National Highways, State roads and General Staff roads in North Eastern Region.
Kolkata-based Amrit Cement India (ACIL), which forayed into the North Eastern market, has set an ambitious target to touch an annual production of 5 million tonne by 2015-16. The company has commissioned a 1 million tonne per annum (MTPA) capacity plant in Jayantia Hills of Meghalaya.
North Eastern Electric Power Corporation (NEEPCO) will add another 2,300 MW to its present capacity. This public sector utility is also planning to go public in the next three years. NEEPCO presently has an installed 1,130 MW capacity, of which 60 per cent of the total installed capacity is in Northeast India. In another three years, it is looking to complete five projects generating around 917 MW.
The Union government on May 23 approved the 4-laning of Dimapur-Kohima National Highway in Nagaland at a total cost of Rs 1,089.87 crore. The Cabinet Committee on Economic Affairs approved the implementation of the project of 4-laning of the Dimapur-Kohima section from 124.1 km to 172.9 km of NH-39, Finance Minister P Chidambaram said in Delhi. This project is under the special Accelerated Road Development Programme (SARDP-NE) in North Eastern Region, he said.
Amrit Cement India (ACIL), which forayed into the North Eastern market, has set an ambitious target to touch an annual production of 5 million tonne by 2015-16. The company has commissioned a 1 million tonne per annum (MTPA) capacity plant in Jayantia Hills of Meghalaya.
To enhance its maritime surveillance capability over the coastal region in West Bengal and Odisha, the Indian Coast Guard (ICG) North East Region on July 31 inducted a fourth Dornier aircraft under its operational air enclave in Kolkata. This is the fourth Dornier aircraft to be inducted into the enclave operated by the 700 Squadron of the Indian Coast Guard (ICG). The enclave operates from the Netaji Subhas International Airport in Kolkata. This was the first ICG air squadron in the country.
Oil India (OIL) has earmarked an investment of Rs 12,000 crore for its projects in the North East out of the Rs 19,000 crore planned capital expenditure in the Twelfth Five-Year Plan. The company plans to invest Rs 19,000 crore on the expansion of exploration work and diversifying its business during 2012-17.