Anil Ambani Group agrees to gas marketing margin under protestOctober 9th, 2009 NEW DELHI - The Anil Dhirubhai Ambani Group has agreed to pay under protest a marketing margin to Reliance Industries for the gas supplied from the Krishna-Godavari basin, over and above the price formulae of the government. In a letter to the oil ministry, the group has queried if the Mukesh Ambani-led Reliance Industries was entitled to charge the margin, as neither the company has undertaken such an exercise nor has the government's price formulae enabled such a provision.
Chhattisgarh justifies action against Steel Authority unitSeptember 16th, 2009 RAIPUR - Chhattisgarh Chief Minister Raman Singh Wednesday justified the commercial tax department's decision Monday to attach a bank account of Bhilai Steel Plant (BSP) to recover Rs.408 crore due as entry tax amount. "The government has right to levy entry tax and Bhilai Steel Plant should have abided by government decision," Singh told reporters here.
Chhattisgarh not taking development to Maoist areas: Rahul GandhiAugust 21st, 2009 RAIPUR - Maoist violence was continuing in certain parts of the country because development was not reaching the troubled areas, particularly in states like Chhattisgarh, Congress general secretary Rahul Gandhi said here Friday. Accusing Chhattisgarh's Bharatiya Janata Party (BJP) government of failing to reach the fruits of development to vast Maoist-hit areas, Gandhi said: "If the government fails to reach people, then problem begins, and this is the case in Chhattisgarh."
"See how Andhra Pradesh tackled the Maoist problem, it actually took the central government welfare schemes to problem-hit areas, but in Chhattisgarh the government is not reaching trouble-hit areas," the Congress leader told a press conference here.
Chhattisgarh minister hoists national flag upside downAugust 15th, 2009 RAIPUR - A Chhattisgarh minister Saturday hoisted the national flag upside down at the Independence Day function in Dantewada town of the state. However, the mistake was immediately spotted and rectified.
Chhattisgarh to get power from new NTPC projectJuly 23rd, 2009 RAIPUR - Power utility NTPC Ltd has agreed to provide 35 percent of the electricity produced at its upcoming 500 MW stage-III Korba project to Chhattisgarh, a government statement said Thursday. "NTPC (formerly National Thermal Power Corp) has agreed to provide 175 MW power to Chhattisgarh from its 500 MW stage-III Korba project that will begin generation by February 2010," the statement said.
BSP leader's institute polluting Gomti river: officialsJuly 14th, 2009 LUCKNOW - An educational campus, owned by Bahujan Samaj Party general secretary Akhilesh Das has been charged with polluting the Gomti river, where thousands of fish have died due to discharge of hazardous effluents from it, officials said Tuesday
Situated on the outskirts of the state capital, the campus has two engineering colleges, a dental college and a management school named after Das's father, late Banarsi Das, a former chief minister of the state. Das is considered close to Uttar Pradesh Chief Minister Mayawati.
Prakash Industries to raise 100 million dollars through FCCB issueJuly 8th, 2009 NEW DELHI - Prakash Industries Ltd (PIL), a business house with interests in steel and power, is in the process to raise around 100 million dollars through an FCCB issue. The funds to be raised would be utilized to put up 625 MW thermal power plant at Champa, Chhattisgarh.
Power to Chhattisgarh's polluting industries cutJuly 5th, 2009 RAIPUR - A Chhattisgarh environment panel has ordered that power supply to three sponge iron units here be cut after residents of the surrounding villages protested that industries were responsible for large scale pollution in the area, officials said Sunday. A team of Chhattisgarh Environment Conservation Board (CECB) raided Siltara and Urla industrial areas on the outskirts of Raipur last week amid complaints of gross neglect to pollution control measures and also for not using mandatory electro-static precipitator (ESP) machines.
Calif. Air Resources Board ready to vote on carbon fee on industry to fight global warmingJune 25th, 2009 Calif. board weighs pollution tax on industriesSACRAMENTO, Calif. — California regulators are considering a proposal to impose the nation's first statewide carbon fee on utilities, oil refineries and other polluting industries.
Sterlite Industries (India) Limited notice of FY 2009 resultsApril 25th, 2009 MUMBAI - Sterlite Industries (India) Limited, India's leading diversified mining and metal company with interests and operations in aluminium, copper, zinc and lead and commercial power, will announce its results for the fourth quarter and full year ended March 31 on April 28. The results will also be available on the company's website, www.sterlite-industries.com.
Political instability leading to job loss: Goa industryApril 5th, 2009 PANAJI - The Goa Chamber of Commerce and Industry has said growing political instability and a 15 percent drop in the tourism sector have led to nearly 100,000 people in the state losing their jobs. Alongside, according to chamber president Nitin Kunkolienkar, 'rising civic unrest' was proving to be a deterrent for setting up new industries in this picturesque Goa.
'Undue benefits' to companies cost Chhattisgarh Rs.1.85 bnFebruary 22nd, 2009 RAIPUR - The Chhattisgarh government suffered a revenue loss of over Rs.1.85 billion (Rs.185 crore)) during 2007-08 because of 'undue benefits' provided to various companies, a report by India's audit watchdog said. The Comptroller and Auditor General (CAG) of India in its report on Chhattisgarh said: 'The state government stood to lose revenue of Rs.185.71 crore due to undue benefits to the allottees such as allotment of land at reduced rates.'
The report has widely criticised Chhattisgarh State Industries Development Corp (CSIDC) for its its inadequate monitoring of the implementation of several state-sponsored projects.
BSP to contest all 11 Lok Sabha seats in ChhattisgarhFebruary 7th, 2009 RAIPUR - The Bahujan Samaj Party (BSP) will put up candidates for all 11 Lok Sabha seats in Chhattisgarh in the upcoming general elections, the party's state chief said here Sunday. 'The party will contest all 11 Lok Sabha seats on its own,' Dauram Ratnakar, BSP's Chhattisgarh president told IANS.
Chhattisgarh to supply 300 MW power to KarnatakaJanuary 17th, 2009 RAIPUR - In an attempt to end the power crisis in Karnataka, Chhattisgarh will supply about 300 MW electricity to the southern state, an official said Sunday. 'We have formally approved the Karnataka government's request.
Chhattisgarh electricity board split into five companiesDecember 31st, 2008 RAIPUR - The Chhattisgarh government Thursday announced that it has split the state electricity board into five entities - one holding company and four others to manage transmission, distribution, production and trading. The new companies are - Chhattisgarh State Power Transmission Co.