|
Etcetera
Coal push
More projects are in the pipeline
The coal ministry is preparing plans for new projects, which
will be submitted to the Cabinet in a month, according to
Union minister of State for coal Santosh Bagrodia. Bagrodia
said though several projects were in the pipeline, the ministry
was working on more projects to make the country self-sufficient
in
coal. He said efforts were being made to
ensure that coal imports did not exceed
50 million tonnes per year by 2011, the end the current five-year
Plan. Last year, coal
imports stood at 42 million tonnes. Of this, 22 million tonnes
was coking coal. The
private sector has been allotted 182 coal blocks for mining.
Of these, 17 had come into
production till now, while the remaining
was expected to commence production over
the next three years, he said. l
Huda to invest Rs 6,000 cr
The Hyderabad Urban Development Autho-rity (Huda) is investing
about Rs 6,000 crore for an eight-lane access-controlled expressway.
Part of the Outer Ring Road (ORR) project, it would be taken
up in three phases, said Huda Vice-Chairman K S Jawahar Reddy.
In the first phase, a 24-km road would be laid from Gachibowli
to Shamsha-bad, which is scheduled to be completed by February
next year. In the second phase, a road from Shamshabad to
Pedda Amberpet in one stretch and from Narsingi to Patencheru
in another, in all 60 km, would be laid at an estimated cost
of over Rs 2,440 crore. Five agencies are working on this
project on a build, operate and transfer basis. This is likely
to be ready by 2010. The third phase would see laying of a
70-km road connecting Patencheru and Pedda Amberpert. The
government would take financial assistance from the Japan
Bank for International Cooperation (JBIC) and would soon call
for tenders for the project. Huda has also identified land
for setting up the digital entertainment city and will soon
form a special purpose vehicle for the purpose. It
is also planning a health city with participation from global
players. The government is also intent on developing townships
along the Outer Ring Road. While one project has already begun
at Tellapur, the other is being planned on about 800 acre
at Srinagar near the international airport. L
Trivitron to set up medi tech park
Trivitron, a Chennai-based medical technology company, has
partnered three foreign companies, Aloka, Japan, Biosystems,
Spain, and Brandon of UK to set up India's first Medical Technology
Park (MTP) with a investment of Rs 250 crore in the first
phase at the Sipcot Industrial park in Irungattukottai near
Chennai. Construction of the new plant has started and commercial
production will being by January 2009. The facility would
create employment for 1,000 people by 2010-11.Trivitron will
invest Rs 170 crore while the balance Rs 80 crore will be
invested by the three foreign partners. The company has so
far acquired 23 acres for the project and is awaiting government's
approval to acquire 2 acre more to convert the MTP into a
special economic zone (SEZ). The company proposes to manufacture
critical care equipment (cardiac care) using in-house technology.
L
Nalagarh bids for project in HP
Nalagarh Steel Rolling Mills Private Ltd has bid for a hydro
power plant in Himachal Pradesh (HP). This is part of its
attempt to diversify into the power sector. Currently, the
company manufactures steel and structural products like angles,
channels and patties. The company has also announced setting
up of a new rolling unit at Nalagarh with proposed investment
of Rs 20-25 crore. The money would be raised through internal
accruals as well as financial institutions. Ravinder Bansal,
Managing Director of the company, said the company was looking
to enhance the production capacity from 6,000 metric tonnes
of steel per month to around 9,000
metric tonnes of steel per month. The company caters to
25-30 per cent of steel requirement of the HP government
and around 40 per cent of the demand by the Jammu and Kashmir
government.
Maps to set up new plant
Maps (India), the Ahmedabad-based biotechnology company, plans
to expand by adding submerged fermentation to its solid state
fermentation (SSF) facilities. The foray is aimed at catering
to the food and beverage industry and will see the company
setting up a new manufacturing plant in March 2009. To be
set up at Prantij taluka in Sabarkantha district, the company
is banking on financial assistance from the Department of
Biotech (DBT). “We intend to start the submerged fermentation
project before March 2009. The investment would be around
Rs 15 crore. Of which, the government has already sanctioned
Rs 10 crore and we would be investing the rest through internal
accruals,” said Piyush Palkhiwala, chairman, Maps India.
The existing plant at Prantij, which was shifted from Vatva,
has a capacity of 1.5 tonnes per month, with the end product
of 550-600 metric tonnes per month. “We are more volume-based
than value-based. The capacity of the fermenters for this
plant would be 20,000 litre. We plan to use three enzymes
- Amylases, Proteinase and Cellulase - for this venture,”
Palkhiwala added.
.
| |
