Bengal scraps IT township project

October 8th, 2009 KOLKATA - JSW Steel, part of the Sajjan Jindal-owned JSW Group, aims to raise Rs.6,600 crore through debt for financing its Rs.11,000-crore steel project in West Bengal's Salboni, a senior official said here Thursday. "Sixty to 65 percent of the total project cost will be funded through debt.

October 6th, 2009 KOLKATA - The West Bengal government has appointed Jurong Consultants India to prepare the master plan for the state's first auto component park in Guptamoni of West Midnapore district. "We have appointed Jurong as our master plan consultants.

September 16th, 2009 KOLKATA - West Bengal's ruling Left Front Wednesday said the IT township project involving giants Infosys and Wipro has only been kept on "hold" and not cancelled. "The state government has not abandoned the township project.

September 7th, 2009 KOLKATA - The projects proposed by Infosys Technologies and Wipro in a township just outside the state capital has been scrapped, the West Bengal government informed the two IT majors Monday. The projects were to come up in the proposed IT township at Rajarhat near Salt Lake but had become controversial in recent weeks following allegations that land sharks had been involved in acquisition of plots there.

September 7th, 2009 KOLKATA - With West Bengal's Left Front government scrapping the proposed 1,200-acre IT township project near here, Congress leader Manas Bhuniya Monday lamented that youths of the state would not be able to see the light of the IT boom. "This decision to scrap the project will again push back West Bengal in industrialisation.

September 7th, 2009 KOLKATA - The West Bengal government Monday scrapped the proposed IT township projects involving companies like Infosy and Wipro at Rajarhat near here following allegations that the land had been forcibly and illegally acquired. "The government does not want to be involved in any illegal activity," the state IT department said in a statement.

September 7th, 2009 KOLKATA - Infosys board member T.V. Mohandas Pai Monday said the West Bengal government's decision to scrap a proposed IT hub project on the state capital's northeastern fringes was a "sad day" for the state.

September 7th, 2009 KOLKATA - The West Bengal government on Monday scrapped plans for an IT-related township in the Rajarhat area near Salt Lake City in the wake of a land scam involving land sharks and government officials. The State Government had revealed last month that it had acquired land for the Infosys and Wipro complexes.

September 1st, 2009 KOLKATA - Auto major Tata Motors, which pulled out its small car Nano project from Singur in West Bengal last October amid controversies, Tuesday said it would return the factory land to the state government if it was paid the money it had spent on the now-abandoned plant. "If they compensate the total investment we put into the land, we may return it," company chairman Ratan Tata told reporters on the sidelines of the annual general meeting of group company Tata Tea here.

May 29th, 2009 KOLKATA - With the opposition Trinamool Congress, now part of the central government, having said it would oppose the Nayachar chemical hub project, West Bengal's ruling Left Front government Friday said it had not received any notice yet from the central government to scrap it. "The United Progressive Alliance (UPA) government had given us the green signal to set up the Nayachar project.

May 20th, 2009 KOLKATA - West Bengal is keen to take up a hydel power project in Bhutan and wants the central government's help in this regard, a senior government official said here Wednesday. 'We want to set up a project, with our own investment, in Bhutan and we have asked the government of India to help us,' power secretary Sunil Mitra told reporters here.

May 18th, 2009 NEW DELHI - Realty major Parsvnath Developers has got environmental clearance from the Haryana government for its Parsvnath Paliwal City project at Panipat, the company announced Monday. 'After getting environmental clearance (from the State Environment Impact Assessment Authority), Parsvnath is now in a position to start the construction of the township project soon,' a company statement said.

April 8th, 2009 KOLKATA - The uncertainty over the proposed Durgapur Aerotropolis project was removed Wednesday with the West Bengal government agreeing to shift it eastward besides relocating three yet-to-come-up industrial units to protect a considerable portion of the coal reserves of Eastern Coalfields Limited. The project, being developed by a special purpose company, Bengal Aerotropolis Projects Limited (BAPL), in joint venture with West Bengal Industrial Development Corporation (WBIDC), comprises an airport, an industrial zone, including an IT park, and a township in the Durgapur-Asansol region of Bardhaman district.

February 3rd, 2009 KOLKATA - A township proposed by realty major DLF in West Bengal is facing uncertainty because of the general economic downturn that has hit the country's real estate market as well as possible backlash over land acquisition. 'DLF has asked for some more time to start its work in the state,' West Bengal Urban Development Minister Asok Bhattacharya said, referring to the project proposed at Dankuni, about 20 km west of the state capital.

January 20th, 2009 KOLKATA - Chinese steel major Sinosteel has got land in Haldia in West Bengal for its cold forged steel rolls manufacturing unit, a top official said here Wednesday. 'We will take another one year for the commissioning of the project.