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1.Jindal Power's Raigad project gets green nod

The Environment Ministry has given in-principle clearance for Naveen Jindal-led Jindal Power's Rs 13,140 crore expansion project in Raigad.


2.DMICDC plans two gas-based power projects

The Delhi Mumbai Industrial Corridor Development Corporation (DMICDC) plans to set up two 1,000 MW gas-based power plants in Maharashtra with an investment of Rs 8,000 crore.


3.Maha SEZ plan put off indefinitely

MahaMumbai special economic zone (SEZ) in Raigad has been suspended indefinitely by Mumbai SEZ Ltd as the company is not able to acquire a minimum of 1,000 hectare of contiguous land as mandated by the SEZ Act.


4.Posco to infuse Rs 1,000 cr for expansion

Posco will expand its projects in Raigad district at an outlay of over Rs 1,000 crore.


5.Posco-SAIL plan steel unit

SAIL and South Korean Posco plan to form a JV to set up a Rs 1,000 crore specialised steel mill in Raigad.


6.JSW commissions Jaigad power plant unit

JSW Energy has commissioned the first 300 MW unit of the Jaigad power plant.


7.Raigad SEZ gets a 1 yr extension

Reliance Industries has one more year to acquire land for the proposed Mumbai SEZ project near Raigad. The Board of Approval (BOA), set up under the Ministry of Commerce and Industry, gave it a year's extension.


8.Government to sign $1.5 bn pact with steel major Posco

The Government of Maharashtra will enter into an agreement with South Korean Posco for the expansion of the latter’s steel reprocessing facility in the state at $1.5 bn.


9.JSW Ispat to buy Heidelberg Cement's grinding unit

In Maharashtra, JSW Ispat Steel is planning to buy Heidelberg Cement’s grinding unit for an undisclosed price. The company on May 21 approved a proposal for the acquisition of the cement grinding facility of Heidelberg Cement India at Dolvi in Raigad district of Maharashtra, adjacent to the company’s steel plant.


10.JSW buys Heidelberg Cements grinding unit in Maha

For an undisclosed amount, JSW Steel has acquired Heidelberg Cement India's cement grinding facility in Raigad of Maharashtra. The capacity of the facility is 0.6 million tonne per annum (mtpa). The two companies signed the Business Transfer Agreements for the acquisition on October 5.


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