Business Bytes

Tata Steel plans to add 6 mt in capacity

Tata Steel plans to add 6 million tonne steel output to its existing 13 mt capacity across two facilities at Jamshedpur and Kalinganagar through brownfield expansion over the next few years. Of the proposed expansion, 1 mt would be added to the 10 mt steel mill at Jamshedpur, and the capacity of the newly commissioned Kalinganagar steel project would be ramped up by 5 mt.
Tata Steel has received environment clearance for the expansion at Jamshedpur.


Rail projects to be monitored by drones

Railways has opted for the state of the art surveillance devices such as drone and geo-based spatial based satellite technology to monitor the crucial projects without visiting the site. Besides monitoring through drones, Internet protocol based cameras are also being used to have an effective and constant monitoring for speeding up the project execution, as per sources. Currently six major rail projects are being monitored through the latest equipment like drones. Progress in Bilaspur-Seawood-Uran Brihan Mumbai rail link project in Maharashtra, Sultanpur-Lambhua line project in Uttar Pradesh, Mortald - Nizamabad line in Telangana and Mudkhed - Porbhani line in Maharashtra are being monitored through the use of drone technology.


Green nod sought for Rs 10k cr power plant

To concretize its plan to set up about Rs 10,000 crore worth power plant in Odisha, CIL arm Mahanadi Coalfields has approached the Environment Ministry to seek green clearance for the 1,600 MW coal-based thermal plant.
Also Central Electricity Authority - the nodal agency of the power ministry - has recommended the ministry for consideration of coal linkage for the project. A special purpose vehicle, Mahanadi Basin Power Ltd (MBPL), has been incorporated as a wholly-owned subsidiary of MCL for setting up the project. The report said that MBPL has achieved several milestones towards installation of power plant.
High Level Clearance Authority (HLCA) of Odisha has approved the project in principle.

Water Allocation Committee of Odisha has recommended 49 cusec of water from Hirakud reservoir to the proposed thermal power plant.


Daimler showcases 'Made in India' trucks

Having plans to expand the market for its India-made trucks, German automaker Daimler AG showcased a couple of products produced at its Chennai plant at international commercial vehicle show in Germany. The company, which is present in India through wholly-owned subsidiary Daimler India Commercial Vehicles (DICV), showcased BharatBenz3723R, a five axle rigid truck with a gross vehicle weight of 37 tonne at the 66th IAA International Commercial Vehicles exhibition.
The components of the truck are largely produced in India and assembled at DICV's Oragadam plant near Chennai. Daimler has made an initial investment of Rs 4,400 crore for the truck manufacturing and additional Rs 425 crore for the bus plant at the facility, which is spread over 400 acre, as per reports.


Cabinet okays Rs 6,461 crore NH interconnectivity project

The government has approved a Rs 6,461-crore project for development of national highways in five states under NHIIP programme. The Cabinet Committee on Economic Affairs (CCEA) has given its approval for development of 1,120 km of National Highways in the states of Karnataka, Odisha, Bihar, Rajasthan and West Bengal.

The work for development to two-lane standards are under Phase-I of the National Highways Interconnectivity Improvement Project (NHIIP) with World Bank assistance. The projects are already taken up for implementation and 429 km has been completed. The civil works are expected to be completed by July 2019, and maintenance works are expected to be completed by July 2024.


L&T gets contract to turn Nagpur into smart city

Larsen & Toubro (L&T) has been selected as the implementation partner to make Nagpur the first large-scale integrated smart city of the country.

The scope of work in phase 1 for L&T's Smart World Communications business vertical, which is part of L&T Construction, will cover laying of 1,200 km of optical fibre network, creating 136 city wi-fi hotspots at key locations, setting up 100 digital interactive kiosks and developing city surveillance systems with 3,800 IP-based cameras, as per reports.

 Further, the city has identified a strip of approximately 6 km (from Japanese Garden Square to Orange City Hospital Square) to be developed as a Smart Strip with state-of-the-art systems powered by smart ICT (information and communications technology) tools like smart transport, solid waste management, smart lighting and the like.


Sagarmala may save logistics cost worth Rs 40,000 cr

A Shipping Ministry study has claimed that the Sagarmala project could lead to an annual saving of Rs 40,000 crore by optimising logistics. The study estimates the potential to save around Rs 35,000-40,000 crore per annum by optimizing logistics flows for key commodities by 2025. Some of the key drivers identified for this are promoting coastal shipping of bulk commodities like coal, setting-up coastal clusters for bulk commodities like cement & steel and providing last-mile connectivity of ports with national highways and railway network, as per reports.


10 small airports to come up in Maharashtra

The Civil Aviation Ministry and AAI will collaborate with Maharashtra Government to develop 10 small airports in the State as part of the government's Regional Connectivity Scheme, add reports. An agreement to the effect was signed making the state the first in the country under the Civil Aviation Ministry's ambitious National Civil Aviation Policy announced earlier this year to boost RCS.

The 10 selected airports are at Shirdi, Jalgaon, Nashik, Ratnagiri, Sindhudurg, Kolhapur, Solapur, Nanded, Amravati and Gondia. Of these, Shirdi Airport will begin operations from November, while an AAI team will conduct a preliminary study of the proposed Greenfield international airport at New Chakan, Pune, as per sources.

As per the MoU, all the upcoming airports shall be provided with infrastructure like roads, railways, metro and waterways and the state government would provide various amenities at concessional rates.