Search: Look for:   Last 1 Month   Last 6 Months   All time

Vedanta, Larsen and Toubro plans mega steel plant in Orissa

Bhubaneswar, Fri, 22 Jan 2010 ANI

Bhubaneswar, Jan 22 (ANI): UK-based Vedanta Resources Plc and India's Larsen and Toubro (L and T) plan to set-up a mega joint venture steel projects in Orissa.

 

Chairman of Vedanta group Anil Agarwal called on Chief Minister Naveen Patnaik to update him about the status of ongoing initiatives of Vedanta for the people of Orissa.

 

Talking to reporters after the meeting Agarwal said: "We are in advanced stage of discussions and a formal announcement for the project would be made soon."

 

Agarwal also said that the first unit of a 2400 MW power plant at Jharsuguda in Orissa would be commissioned by summer.

 

"We also discussed about the Jharsuguda (project), five hundred thousand tonnes of aluminium is under production, 1.5 million tonne under construction. We are putting first total power, 3,800 MW power is being built out of which 600 - first in India - Mega Watts...will start this summer," he added.

 

He further said that Vedanta's one-million-tonne-per-annum aluminium refinery has started production at Lanjigarh in Kalahandi of Orissa district.

 

Agarwal said he has informed Patnaik that the Lanjigarh refinery is fully operational by sourcing bauxite from other states, incurring a huge opportunity loss for both states as well as the company.

 

Vedanta is also constructing Vedanta University in Orissa's Puri city, the Bill for which was already passed in July 2009.

 

As per Vedanta, the company has already invested 39,000 crore rupees in various projects in Orissa. (ANI)

 


Read More: Puri

LATEST IMAGES
Manohar Lal being presented with a memento
Manoj Tiwari BJP Relief meets the family members of late Ankit Sharma
Haryana CM Manohar Lal congratulate former Deputy PM Lal Krishna Advani on his 92nd birthday
King of Bhutan, the Bhutan Queen and Crown Prince meeting the PM Modi
PM Narendra Modi welcomes the King of Bhutan
Post comments:
Your Name (*) :
Your Email :
Your Phone :
Your Comment (*):
  Reload Image
 
 

Comments:


 

OTHER TOP STORIES


Excellent Hair Fall Treatment
Careers | Privacy Policy | Feedback | About Us | Contact Us | | Latest News
Copyright © 2015 NEWS TRACK India All rights reserved.