3,000-MW power project to come up in Dhubri or Goalpara: Himanta
Two plots of land in Dhubri and Goalpara have been identified for setting up a 3,000-MW thermal power project, with foundation for it likely to be laid by November, Assam Chief Minister Himanta Biswa Sarma said.
Also read: Concern over push for Adani power project in Assam
He said though the State government was mulling establishing the project in Kokrajhar to ensure greater benefits for the district, it is unlikely to push for it as a section of people has blamed the dispensation of "trying to take away tribal land".
"This 3,000-MW thermal power project will be coming up in our state. A sum of ₹40,000 crore will be spent on it and the tender will be issued soon," Mr. Sarma said at a press conference here on Sunday.
He said the Assam government had mooted allocating the project to Kokrajhar so that it can reap benefits of a major investment, which is set to create one lakh direct and indirect employment opportunities.
"The ₹26,000-crore semiconductor unit (of the Tata Group) is coming up in Jagiroad. We thought that a project of similar investment should come to Kokrajhar, too," Sarma said.
"But, we don't want to go ahead with it by taking the blame that we are after tribal land," the CM said, referring to criticism in some sections that the government was "plotting to hand over" tribal land to corporates.
He said two plots of land in Dhubri and Goalpara districts have been identified for the project.
Sarma claimed that the "4,000-bigha" plot considered for the project in Kokrajhar district is under the possession of "only 80 families".
"The land may not be given for the power project, but I think it is not correct for only a few people to have possession of so much land. Some institution like a hospital or a college can come up there," he added.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
&w=3840&q=100)
Business Standard
an hour ago
- Business Standard
Trent rallies 9% in 2 days to five-month high; brokerages see more upside
Trent share price today: Shares of Trent hit a five-month high of ₹6,214.55, as they rallied 5 per cent on the BSE in Monday's intra-day trade in otherwise a weak market. In the past two trading days, the stock price of Tata Group-backed Trent has surged 9 per cent. It is quoting at its highest level since February 2, 2025. At 02:16 PM, Trent was quoting 4.6 per cent higher at ₹6,176.85, as compared to a 0.44 per cent decline in the BSE Sensex. The average trading volumes on the counter jumped fourfold, with a combined nearly 2 million shares changing hands on the NSE and BSE. The inclusion of Tata Group-owned Trent in the benchmark 30-stock BSE Sensex index with effect from today is expected to see an inflow of $330 million, according to Nuvama Alternative estimates. Track LIVE Stock Market Updates Here Trent Outlook In the last few years, the Trent business platform has emerged stronger, having navigated through the challenges of the pandemic. Driven by a sustained focus on the company's brands, customer experience, and strong store network expansion, the business has maintained growth momentum. Trent, in its FY25 annual report, said the company see strong growth opportunities. The company's key strategic initiatives are aimed at accelerating the differentiation of its propositions. Supported by an integrated platform comprising supply chain, technology stack and support services, Trent's growing operating leverage would continue to drive performance and results, the company said. Trent will expand the current footprint of over 14 million sq ft. (including Star) across the country with unique brands such as Westside, Zudio and Star to address multiple customer segments and value positioning. Brokerages see more upside for Trent According to analysts at Elara Capital, Trent has the right mindset to nurture a house of brands. Choices such as organic brand growth, customer acquisition, full price selling, and foraying into high-frequency categories will sustain growth. Benefits from faster inventory turns, celebrity-less A&P, and common tech infra shall pare costs. Trent aims to be operationally India-first and foray into high-frequency categories. Fast fashion brand Zudio to remain the leader, gaining market share with a strong brand recall. Trent has a high single-digit market share in the overall fashion industry; thus, the room to grow, the brokerage firm said. It retains a 'buy' rating on the stock with a target price (TP) of ₹8,300 per share. Meanwhile, Trent's business model over the years has increasingly tilted towards building consumer brands (such as Zudios) that will attain certain scale with growing traction, leveraging supply efficiencies, and delivering consistent performance in the long run. Trent is aspiring for a 25 per cent compounded annual growth rate (CAGR) revenue growth in the medium to long run, driven by higher store additions (expected to add 200-220 stores per annum), share gain in micro markets and building new brands focusing on new categories. Zudio will be the key pillar of growth with close to 40 per cent growth over FY25- 27, analysts at ICICI Securities said. Strong sourcing ability and a large focus on gaining share through expanding reach and value-centric product profile will help Trent to stay ahead of the industry in the coming years. The brokerage firm expects its revenues and PAT to grow at a CAGR of 30 per cent and 35 per cent over FY25- 27. Analysts recommended 'buy' with a SoTP-based value of ₹6,625 per share.
News18
3 hours ago
- News18
AI Orders Aircraft Audit, Forms Panel To Monitor Ops After Ahmedabad Crash: Sources
Last Updated: AI Ahmedabad crash: Sources privy to the meeting chaired by Tata Sons Chairman N Chandrasekaran said the board has initiated a safety overhaul, including an audit of all aircraft In the wake of the recent runway mishap and Ahmedabad crash, the Air India (AI) board on Wednesday held a crucial internal meeting in Mumbai to assess operational risks and strategy. It was chaired by Tata Sons Chairman N Chandrasekaran. Sources privy to the meeting confirmed that the board has initiated a major safety overhaul, including a comprehensive audit of all aircraft in the airline's fleet. On June 10, an Air India flight from Delhi to Ahmedabad skidded off the taxiway during landing amid heavy rain. While no lives were lost, the incident raised critical questions around safety compliance. On June 12, Air India's London-bound plane crashed in Ahmedabad on June 12. The Boeing 787-8 Dreamliner plane first hit the mess building of BJ Medical College Civil Hospital and then crashed into the Atulyam Hostel, where senior residents doctors stayed. Both buildings suffered heavy damage and casualties. As first reported by News18, the Directorate General of Civil Aviation (DGCA) had directed Air India to submit the complete health report of its aircraft fleet. Sources indicate that the airline is in the final stages of compiling this report and is likely to submit it soon. In another significant decision, the board has constituted a high-level internal committee to monitor all aspects of Air India's operations. This committee will be empowered to take final decisions on flight routes, frequency, and other business-related matters. A senior Air India source: 'This is not just a cosmetic move. The committee has real authority to act swiftly in the interest of operational efficiency and passenger safety." To aid the ongoing investigation by the Aircraft Accident Investigation Bureau (AAIB) into the Ahmedabad incident, the board also approved the formation of a coordination task force. This group will facilitate all support required by AAIB, ensuring smooth access to documents, technical data, and staff interactions during the investigation. The AI has suspended three routes until July 2025 and reduced flight frequency on 19 other routes. These reductions are aimed at strengthening Air India's network-wide operational stability and minimizing last-minute inconvenience to passengers. Despite these temporary reductions, Air India will continue to operate close to 600 daily flights with its narrowbody aircraft on 120 domestic and short-haul international routes. As per sources, these steps reflect a decisive effort by the Tata Group-owned national carrier to regain public trust, enforce accountability, and raise internal safety benchmarks. First Published:
The Hindu
4 hours ago
- The Hindu
97 'anti-nationals' arrested post Pahalgam terror attack in Assam: Himanta
Two people have been arrested for allegedly being "anti-Hindu" from different parts of Assam following the Pahalgam terror attack, taking the total number of arrests to 97 so far, Chief Minister Himanta Biswa Sarma said on Monday (June 23, 2025). In a post on X, Mr. Sarma said one person each was apprehended from Tinsukia and Nagaon districts. "Crackdown on anti-Hindu elements continues... 97 anti-national and anti-Hindu culprits behind bars now," he added. Crackdown on Anti-Hindu elements continues 🚨 1️⃣@TinsukiaPolice arrested Md Anisur Rehman for sharing an objectionable content on Hinduism. 2️⃣@nagaonpolice arrested Farijul Islam for a derogatory comment on Lord Ram. 97 anti-national and anti-Hindu culprits behind bars now. — Himanta Biswa Sarma (@himantabiswa) June 23, 2025 The arrested person from Tinsukia had shared objectionable content on Hinduism on social media, while the accused from Nagaon made a derogatory comment on Lord Ram, the CM stated. Earlier, Opposition AIUDF MLA Aminul Islam was arrested on sedition charges for allegedly defending Pakistan and its complicity in the Pahalgam terror attack. After getting bail in the case, Islam was again detained under the National Security Act (NSA). On May 2, Mr. Sarma threatened to break the legs of those who raised the 'Pakistan zindabad' slogan in the aftermath of the Jammu and Kashmir terror attack. Addressing a campaign rally for the panchayat elections, he had appealed to the people to pray and give strength to Prime Minister Narendra Modi and the Indian Army so that Pakistani terrorists hiding anywhere in the world can be brought for "breaking their legs". Terrorists struck a prime tourist location in Pahalgam in south Kashmir on April 22 killing 26 people, mostly tourists, and injuring several others.
