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Avaada Group inks MoU with REC for a $1.8 bn Green Ammonia Project Financing

The MOU was executed with due ceremony in Bhubaneshwar, graced by the presence of CMD Vivek Kumar Dewangan of REC and Hemant Kumar Sharma, Principal Secretary, Industries Department, Govt. of Odisha.Read more

Jindal Steel & Power set to become India's largest single-location steel manufacturing facility

The steel plant in Raigarh will also undergo an expansion of up to 9.6 MTPA from the current 3.6 MTPA, the company said in a statement.Read more

OMC and Hindalco join forces for Odisha's industrial growth

The deal is signed in the presence of Chief Minister Naveen Patnaik. It aims to accelerate progress on the construction of a two-million ton alumina refinery in Rayagada.Read more

Jindal's Stainless Steel Park in Odisha set to attract Rs 10,000 cr Investments, 20,000 jobs

In December of the previous year, Odisha Chief Minister Naveen Patnaik ceremoniously laid the foundation stone for this groundbreaking project.Read more

ESR Group invests Rs 360 cr in Cuttack Logistics Park Expansion

This strategic move aims to facilitate the development of a state-of-the-art logistics park known as the ESR Cuttack Logistics Park.Read more

Tata Steel launches fully automated Construction Service Centre in UP

The fully automatic downstream manufacturing facility has a production capacity of 3,500 TPM (tonnes per month), and the company plans to set up another 10 such centres at different locations in the country.Read more

AVAADA Group partners with Tata Steel SEZ for Green Hydrogen & Ammonia Unit in Odisha

The unit will be set up at Gopalpur Industrial Park in Ganjam district in Odisha. The project is expected to generate around 1,600 direct and 4,000 indirect employment opportunities and aims to curtail nearly 2 million tonne of Co2 emissions annually.Read more

GeM to implement penal interest for delayed payments by govt departments

Provision to enable public procurement portal GeM to impose penal interest for making delayed payments to vendors by ministries and dpts will be fully operational from Sept end, a senior official said.Read more

ArcelorMittal Nippon Steel plans Rs 380 bn Paradip plant in Odisha

ArcelorMittal Nippon Steel (AMNS) India to construct a seven million tpa Paradip plant on a 1,485 acres of land.Read more

Tata Motors inaugurates 2nd vehicle scrapping facility in Bhubaneswar

Minister of Water Resources, Commerce and Transport, government of Odisha, Tukuni Sahu inaugurated Tata Motors’ second Registered Vehicle Scrapping Facility (RVSF) at Bhubaneswar, Odisha. The state-of-the-art facility uses environmentally friendly processes and has the capacity to disassemble 10,000 end-of-life vehicles safely and sustainably each year.Read more

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