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Chhattisgarh mulls aluminum plant in Surguja

Sify cited Dr Raman Singh CM of Chhattisgarh as saying that his government would examine options to set up an aluminum plant in the state's poverty hit northern region that has large stocks of bauxite.

Dr Singh said that government will soon examine all options to have an aluminum plant in Surguja district that has massive stocks of bauxite. Government will even consider proposals of private companies if they plan to set up a plant in the district.

Aditya Birla Group may consider Sona Power project

New Delhi: The Aditya Birla Group is considering the acquisition of Sona Power’s proposed 600MW coal-based project in Chhattisgarh’s Raigarh district as part of plans to re-enter the sector.

“The due diligence for the project has been completed by the Aditya Birla Group,” said a person aware of the development who did not want to be identified.

Mint had reported on 30 January about the group’s decision to get back into the power sector.

Chhattisgarh down fighting Maharashtra to enter final

Mumbai, Jan 29 (PTI) Maharashtra women fought hard beforegoing down to Chhattisgarh 72-84 here today in the lastleague match that piloted the latter into the final of theUnited Phosphorous Savio Cup all-India Basketball Tournament.

Buzz up!
The local girls, who were egged on by the crowd, eventook a slender 3-point lead in the third quarter beforefloundering against their most experienced rivals in the lastquarter and making their exit.

Chhattisgarh will take on Southern Railway tomorrow inthe final of the tournament hosted by Don Bosco.

Avoid mega proj in coal-rich belts to avoid fuel shortage: Govt

NEW DELHI: The Centre today advised states not to build mega projects in coal-bearing areas, afraid that such a move would "sterilise" at least 20 billion tonnes of the dry-fuel reserves and aggravate coal shortage in the country.

"We have asked Chief Ministers of coal-bearing states to not to allow large super structures or expansion projects on coal-bearing areas, as this would steelies at least 20 billion tonnes of reserves," Coal Minister Sriprakash Jaishwal said.

NMDC to setup 2nd steel plant in Chhattisgarh

State run National Mineral Development Corporation on Saturday said that it plans to setup its second steel plant in Chhattisgarh with a capacity of two million tonnes per annum.

The country’s largest iron ore miner in the public sector plans to setup the integrated steel plant in a joint venture at an investment of around INR 10,000 crore.

NMDC,Tata Steel plans to set up steel plant in Chhattisgarh

NMDC Ltd and Tata Steel is planning to set up its second steel plant in Chhattisgarh, according to a report.
The report stated that NMDC and Tata Steel had signed a memorandum of association in January last year.
Tata Steel has reportedly said that the company and NMDC have agreed to co-operate to explore possibilities of entering into joint ventures for the purpose of acquisition.
The estimated cost of the plant will be Rs. 100bn, adds report
http://www.indiainfoline.com/Markets/News/NMDCTata-Steel-plans-to-set-up...

NTPC set to have regional office in Raipur

National Thermal Power Corporation (NTPC) has cleared the deck for setting up a new regional office in Raipur.

Senior officials of the company informed the state government that the process had started and the new regional office would be set up soon in Raipur, a top official with the state's energy department said

The officials with NTPC confirmed the development and said a meeting was held in Mumbai to approve the proposal and discuss about the new set up. The new regional office would come up by bifurcating the Western region with its headquarters at Mumbai.

Jindal Power looks to raise Rs 7,000 cr via IPO

Jindal Power (JPL) is looking to mop up Rs 7,000 crore with its initial public offering (IPO) which is set to hit the market by April this year.

“Jindal Power IPO may come by the end of March or mid-April. We have necessary clearances and the IPO will depend on the market conditions. We are waiting for the right moment,” said Anand Goel, Director, Jindal Power Ltd, and Joint Managing Director, Jindal Steel and Power Ltd.

Jindal Power looks to raise Rs 7,000 cr via IPO

Chhattisgarh small units mull options to buy power

Mini steel plants and other small industrial units in Chhattisgarh are considering a proposal to purchase power from National Thermal Power Corporation (NTPC) and Manikaran Power Limited (MPL).

Small industries comprising mini steel plants, sponge iron and re-rolling mills have been purchasing power from the state-run Chhattisgarh State Power Distribution Company (CSPDC). The units require 500 Mw of power and are among the biggest power consumers of CSPDC.

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Chhattisgarh govt scraps elephant reserve plan for coal mining

KORBA: The Chhattisgarh government first shrank a proposed elephant reserve then delayed notifying it and shelved it quietly to clear the way for coal mining in a virgin forest, documents show.

With the prime minister creating a ministerial committee to resolve the coal vs forest tussle over No-Go zones, the trajectory of this aborted elephant reserve holds important insights, particularly, since it falls in Hasdeo Arand, a contentious No-Go area for miners.

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