Fiscal discipline tops Chhattisgarh agenda

In a move aimed at maintaining fiscal discipline, the finance department had dropped most of the proposals submitted by various departments for inclusion in the second supplementary demands.

The state government is likely to present the second supplementary demand for grants for 2010-11 on the second day of the assembly session starting Monday. The size of the supplementary demands had been limited to Rs 1100-1200 crore.

New 500 MW unit added at NTPC Korba


Korba: The new 500-MW Unit VII of NTPC’s Korba project in Chhattisgarh has been synchronized with the grid yesterday. Shri S K Roy, General Manager, NTPC Korba and all other senior officials were present on this occasion.

The Korba project of NTPC is already having three units of 200 MW each in Stage I and another three units of 500 MW each in Stage II.

Five killed in explosion in Raipur

Five employees, including a site manager, of Euro Pratik steel facility were killed due to an explosion in an oil tanker at Siltara industrial area, Raipur superintendent of police Dipanshu Kabra told media persons.

The oil tanker of the firm was being repaired after it started leaking, when the explosion took place, he said.

Kabra said that no information could be received about the injured, adding the police have begun rescue operation and fire tenders have been rushed to the accident site.

Chhattisgarh modifies footwear scheme for women

Woman tendupatta (tendu leaf) collectors in Chhattisgarh will now get a pair of chappals instead of shoes. Under the charan-paduka (footwear) scheme, the Bharatiya Janata Party (BJP) government in the state is providing a pair of shoes to tendupatta collectors to facilitate smooth movement inside the forests. The scheme was launched in November 2005.

Under the scheme, a male member from each family engaged in plucking green-gold in the forests was covered in the scheme and was given a pair of shoes every year. In all, 1.3 million families were listed to get the benefits of the scheme.

Chhattisgarh: Maoists call for 3-week bandh in Bastar

Mounting pressure on government and security forces, Maoists have given a call for a three-week-long bandh in tribal Bastar in Chhattisgarh from tomorrow and asked the people to stock up essential commodities and refrain from travelling outside their villages.

Naxalite posters have surfaced at many remote villages in Dantewada and Bijapur districts in South Bastar regarding rebels’ call for a bandh from December 2 to 21 to observe “PLGA month”. Peoples’ Liberation Guerilla Army (PLGA) is the military wing of outlawed Communist Party of India (Maoist).

KSK Mahanadi Power Signs 121.4 Billion Rupee Funding

KSK Mahanadi Power Co., a unit of KSK Energy Ventures Ltd., signed a 121.4 billion rupee ($2.6 billion) 17-year project financing loan to fund a power venture.

The term financing pays interest of 4.75 percentage points more than State Bank of India’s base rate, according to data compiled by Bloomberg. Rohit Mathur, the Hyderabad-based spokesman of KSK Energy Ventures, declined to comment.

NTPC signs power purchase agreement for Lara and Barethi projects

NTPC Ltd said it has signed a power purchase agreement (PPA) with Madhya Pradesh State Power Trading Company Ltd for sale of power from its upcoming power stations, Lara Super Thermal Power Project in Chhattisgarh and Barethi Super Thermal Power Project in the state.

Lara and Barethi Power Stations shall have an installed capacity of 4,000MW and 3,960MW, respectively. These projects are for the 12th plan and are expected to complete by 2017.

On Monday, NTPC rose 1.58% to Rs179.55 on the Bombay Stock Exchange, while the benchmark Sensex closed 1.38% up at 19,400.27 points.

Biotic stress management institute to come up in Chhattisgarh

The Union Government has given its consent to set up National Institute of Biotic Stress Management (NIBSM) in Chhattisgarh.

“Many states were in the race to get the project and the Union Government gave its consent to set up the institute in Chhattisgarh,” state's agriculture minister Chandrashekhar Sahu said

“This will be the first institute to address the impact of biotic stresses and harness potentials of emerging tools of biotechnology in agriculture," Sahu said.

CRPF DG stays with jawans to boost their morale

A top officer of CRPF stayed spent a night with his forces to boost their morale who have been fighting the Naxalites in the dense forests of Chhattisgarh.

K Vijay Kumar, the new director-general (DG) of Central Reserve Police Force (CRPF), spent a night with the jawans in a camp in a sensitive pocket of Dantewada district. The move is seen as a morale booster for the CRPF jawans combating the Left radical extremists in the dense forests.