Satluj Jal Vidyut declares Rs.320 crore as dividendOctober 8th, 2009 SHIMLA - Hydropower major Satluj Jal Vidyut Nigam that owns and operates the 1,500-MW Nathpa-Jhakri project in Himachal Pradesh has declared a dividend of Rs.320 crore for 2008-09. "We have declared a dividend of Rs.320 crore for 2008-09.
Flood losses Rs.12,000 crore, Andhra seeks helpOctober 5th, 2009 HYDERABAD - The worst floods in over a century have left a trail of destruction estimated at Rs.12,225 crore, the Andhra Pradesh government has said while asking New Delhi for immediate assistance of Rs.6,000 crore. In a memorandum to United Progressive Alliance chairperson and Congress president Sonia Gandhi, Chief Minister K.
Centre okays four-laning of Himachal highwayOctober 2nd, 2009 SHIMLA - The central government has approved a road project costing Rs.5.49 billion for the four-laning of the Parwanoo-Solan National Highway 22 in Himachal Pradesh, state Public Works Minister Gulab Singh said Friday. "The central government Thursday gave green signal for four-laning of Parwanoo-Solan section of the national highway.
Satluj Jal Vidyut, NHPC to set up power project in ManipurSeptember 30th, 2009 SHIMLA - Hydropower majors Satluj Jal Vidyut Nigam Ltd (SJVNL) and NHPC Ltd will jointly set up a mega power project in Manipur at an investment of Rs.9,000 crore. "SJVNL is executing the 1,500-MW Tipaimukh hydropower project in Manipur in partnership with NHPC and the Manipur government," H.K.
Himachal gets Rs.243.43 crore for rural roadsSeptember 22nd, 2009 SHIMLA - The central government has sanctioned projects worth Rs.243.43 crore that would help strengthen the rural road network in Himachal Pradesh, an official statement said Tuesday. "In order to strengthen the rural road network in the state, the central government has approved Rs.243.43 crore under the Pradhan Mantri Gram Sadak Yojana," Himachal Pradesh Public Works Minister Thakur Gulab Singh said in the statement.
Himachal Pradesh clears 13 industrial proposalsSeptember 9th, 2009 SHIMLA - Himachal Pradesh has cleared 13 industrial proposals worth Rs.330 crore including those of Dr. Reddy's Laboratories and Johnson and Johnson, Chief Minister Prem Kumar Dhumal said here Wednesday.
Himachal firm goes for Rs.143-crore expansionAugust 24th, 2009 SHIMLA - Himachal Pradesh-based knitting and weaving products firm Winsome Textile has outlined a Rs.143-crore expansion programme after banks approved its debt restructuring plan, a top company official has said. "After getting clearance from banks for debt restructuring, we have plans to invest Rs.143 crore in three divisions -- spinning, dyeing and power," managing director Ashish Bagrodia told IANS.
Ranbaxy to set up third unit in Himachal PradeshJuly 27th, 2009 SHIMLA - Pharmaceutical major Ranbaxy and fast moving consumer goods manufacturer Proctor and Gamble (P&G) are among nine companies that have been allowed to set up units in Himachal Pradesh, a senior official said Monday. "Ranbaxy and Procter and Gamble (P&G) Monday got permission from the state government to set up units in the state," industries director Manoj Kumar told IANS.
Himachal to get Rs.135 crore for rural infrastructureJuly 27th, 2009 SHIMLA - The National Bank for Agriculture and Rural Development (Nabard) has sanctioned Rs.135 crore to the Himachal Pradesh government for developing rural infrastructure, an official statement said Monday. "Nabard has sanctioned Rs.135 crore to Himachal Pradesh for the year 2009-10.
Himachal Pradesh to set up thermal plant in West BengalMay 29th, 2009 SHIMLA - Himachal Pradesh Friday entered into an agreement with Kolkata-based Eastern Mineral and Trading Agency (EMTA) for setting up a 500-MW thermal power plant in West Bengal, from where the electricity generated will be transmitted back home. The plant will be established at Raniganj.
Kerala to set up modern dairy farms to meet milk shortageApril 28th, 2009 THIRUVANANTHAPURAM - The Kerala government is working towards self-sufficiency in milk production by setting up four state-of-the-art dairy farms in the state on an outlay of Rs.20 crore. Work on the first farm has begun at Kulathupuzha in Pathanamthitta district, Animal Husbandry Minister C.
Amul notches Rs.6,700 crore turnoverApril 2nd, 2009 ANAND - Gujarat Co-operative Milk Marketing Federation (GCMMF), which owns the Amul brand of dairy products, posted a turnover of Rs.6,705 crore (Rs.67.05 billion) in 2008-09, reflecting an increase of around 28 percent, the company announced Thursday in a statement. The federation's turnover has almost doubled over the last three years, the statement said, adding that the group turnover of GCMMF and its dairy 13 cooperatives, all members of the federation, has touched Rs.10,000 crore.
Plan panel allocates Rs.27 bn for Himachal PradeshMarch 1st, 2009 SHIMLA - The Planning Commission has allocated Rs.27 billion for Himachal Pradesh for 2009-10, Chief Minister Prem Kumar Dhumal said Saturday. 'The annual plan for Himachal Pradesh has been fixed at Rs.2,700 crore (Rs.27 billion), which is Rs.300 crore (Rs.3 billion) more than last year,' Dhumal told reporters.
Rs.3.5 bn sanctioned for new rail track in Himachal PradeshFebruary 27th, 2009 SHIMLA - The central government has sanctioned over Rs.350 crore (Rs.3.5 billion) for the proposed Bhanuppali-Bilaspur railway line in Himachal Pradesh, Chief Minister Prem Kumar Dhumal said in the state assembly Thursday. 'The Railways informed us (the government) yesterday that Rs.350.33 crore has been sanctioned for starting work on first 20-km stretch of the railway line,' Dhumal said while making a suo-motu statement.
Himachal firm plans agro-food unit in GujaratJanuary 14th, 2009 SHIMLA - Himalaya International Ltd (HIL), a Himachal Pradesh-based frozen food manufacturer, will invest Rs.1.4 billion (Rs.140 crore) to set up an export-oriented unit in Gujarat, a company official said Thursday. 'We will invest Rs.140 crore for establishing an export-oriented agro-food processing facility in Gujarat.