Jindal Steel Chhattisgarh Ltd signs MoU with state government for projects worth Rs 105358 crore
Aimed at driving economic growth, generating employment, and fostering sustainable industrial development, the agreements were signed for the projects including a 500 MW solar power plant, a 2400 MW thermal power plant, and a steel plant with a capacity of 7.5 million tonnes per annum (MTPA).
A proposed investment of Rs 1,05,358 crore will be allocated for the projects in Raigarh, the company stated.
Jindal Steel Chhattisgarh Ltd will set up a 7.5 MTPA integrated steel plant with an investment of Rs 73,000 crore. Jindal Power Ltd will set up a 3x800 MW thermal power plant with an investment of Rs 30,780 crore and a 500 MW solar power plant with an investment of Rs 1,578 crore.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Indian Express
11 minutes ago
- Indian Express
Dhan-Dhaanya Krishi Yojana: Scheme to develop 100 agri districts across country gets Cabinet go-ahead
The Union Cabinet on Wednesday approved the 'Prime Minister Dhan-Dhaanya Krishi Yojana' (PMDDKY), which envisages development of 100 agricultural districts through the convergence of existing schemes with an annual outlay of Rs 24,000 crore per year. 'The scheme will be implemented through convergence of 36 existing schemes across 11 departments, other State schemes and local partnerships with the private sector,' said an official statement issued after the Cabinet meeting. At a briefing on the Cabinet's decisions, Information and Broadcasting Minister Ashwini Vaishnaw said the scheme would be implemented for six years beginning from 2025-26. 'A master plan will be prepared for each district. It will include agriculture and other allied activities,' Vaishnaw said. He said the scheme would benefit about 1.7 crore farmers. The scheme was first announced by Finance Minister Nirmala Sitharaman in her Budget speech earlier this year. Saying that the government was 'motivated by the success of the aspirational districts programme', she had said the scheme would cover '100 districts with low productivity, moderate crop intensity and below-average credit parameters'. Cropping intensity is a measure of how efficiently land is used — the number of crops grown in the area in an agricultural year (July-June). 'One hundred districts will be identified based on three key indicators of low productivity, low cropping intensity, and less credit disbursement. The number of districts in each state/ Union Territory will be based on the share of net cropped area and operational holdings. However, a minimum of one district will be selected from each state,' the official statement said on Wednesday. 'The scheme aims to enhance agricultural productivity, increase adoption of crop diversification and sustainable agricultural practices, augment post-harvest storage at the panchayat and block levels, improve irrigation facilities and facilitate availability of long-term and short-term credit,' it said. According to the statement, committees will be formed at the district, state and national levels for effective planning, implementation and monitoring of the scheme. Central nodal officers will be appointed for field visits, review and monitoring. A district agriculture and allied activities plan will be finalised by the District Dhan Dhaanya Samiti, which will be headed by the district collector and include progressive farmers as members. 'The district plans will be aligned to the national goals of crop diversification, conservation of water and soil health, self-sufficiency in agriculture and allied sectors as well as expansion of natural and organic farming,' the statement said. In addition, Central and State agriculture universities will be assigned each district as technical knowledge partner. The scheme is designed on the lines of the 'Aspirational Districts Programme' that was launched by Prime Minister Narendra Modi in January 2018 in 112 most under-developed districts across the country. In PMDDKY too, the Dhan-Dhaanya districts will be ranked based on their performance. A portal/ dashboard will be developed to monitor the progress of the scheme in each district on 117 key performance indicators on a monthly basis, said the statement. 'As the targeted outcomes in these 100 districts will improve, the overall average against key performance indicators will rise for the country. The scheme will result in higher productivity, value addition in agriculture and allied sector, local livelihood creation and hence increase domestic production and achieve self-reliance (Atmanirbhar Bharat). As the indicators of these 100 districts improve, the national indicators will automatically show an upward trajectory,' it said.
Indian Express
12 minutes ago
- Indian Express
Rose Valley chit fund scam: More RS 10.5 crore returned to depositors
The ED on Wednesday said the Asset Disposal Committee (ADC) has disbursed an additional Rs 10.5 crore to 11,883 victims or depositors of the Rose Valley Ponzi scheme. 'With this latest round, the total amount disbursed so far to 72,760 victims has reached an Rs 55.45 crore,' the ED said, adding the agency has been instrumental in facilitating the attachment, possession, and disbursement of assets belonging to the Rose Valley Group, thereby streamlining and accelerating the restitution process for thousands of victims across West Bengal, Odisha, Assam, and other states. The ED said it is actively assisting the ADC in surveying and valuing confirmed attached properties and facilitating their expeditious monetization to ensure timely disbursal to the affected investors. 'As of now, the ADC has processed 72,760 claims, leading to the substantial funds disbursed. The restitution process is expected to intensify in the coming months as more claims are scrutinized. Through comprehensive investigations, the ED has successfully attached movable properties worth Rs 494 crore and immovable properties valued at 1,069 crore.
Time of India
24 minutes ago
- Time of India
UP ties up with UNDP for better disaster mgmt
1 2 Lucknow: The Relief Commissioner's Office and the United Nations Development Programme (UNDP) signed an MoU on Wednesday to work collaboratively on making disaster management in the state more effective and scientific. The agreement, signed in the presence of CM Yogi Adityanath, aims to strengthen the state's institutional capacity and create a multi-tiered disaster management system based on a technical approach. Insisting that disaster management is a priority, Yogi said, "By coordinating technical expertise, training, and preparedness, we can mitigate the impact of disasters. This partnership will elevate the state's disaster management capacity to a world-class level and enable scientific decision-making in governance and administration." "These efforts will give new direction to UP's disaster reduction efforts, making it easier to work on an integrated strategy to protect life, property, and infrastructure, positioning UP among the leading states in disaster management," said the CM. UNDP's India head and resident representative Angela Lusigi, who was also present on the occasion, met the CM and assured all possible technical support from her organisation. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like AirSense 11 – Smart tech for deep sleep ResMed Buy Now Undo As per the MoU, the UP govt and UNDP will implement a comprehensive range of disaster risk reduction programmes at various levels in the state. Initiatives will include developing disaster management plans at district and departmental levels, risk assessment, strengthening information systems, training, resource capacity building, establishing early warning systems, and project management. "This partnership will help align the state with global disaster reduction standards while catering to local needs. Key points of the agreement include developing district disaster management plans in 75 districts and departmental disaster management plans for 15 departments. Detailed project reports will be prepared for 10 state departments, and risk and vulnerability assessments will be conducted in 20 major cities, with urban disaster management plans developed for these cities," said a govt spokesperson. The UP govt has approved a budget of Rs 19.99 crore for the project, to be spent over the next three years. This amount will be spent in phases, and implementation will be ensured according to the technical proposals presented by the UNDP. The state govt is implementing this programme in line with the recommendations of the National Disaster Management Authority, which has authorised UNDP for technical cooperation in this area.
