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HLCA clears investment proposals worth Rs. 2, 04,069 Cr

The 20th High Level Clearance Authority (HLCA) meeting held under the Chairmanship of Hon’ble Chief Minister, Shri Naveen Patnaik in newly inaugurated Kharavel Bhavan conference hall on 19th August, 2019, has approved five investment proposals envisaging investment of Rs. 2,04,069 Crore. With the 5T initiative devised by the Odisha Govt.,where transformation goals will be achieved through teamwork, transparency and technology ...

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Sridhar Patra to take over as CMD, Nalco

 Sridhar Patra has been selected by the Public Enterprises Selection Board (PESB) for the post of Chairman cum Managing Director (CMD) of National Aluminum Company (Nalco). Patra is currently serving as its Director (Finance). Patra will take over as CMD of the navaratna PSU on December 1 this year upon the superannuation of the incumbent CMD Dr. Tapan Kumar Chand. ...

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NALCO apprentice trainee died, family compensated

Apprentice trainee at NALCOs Smelter Plant, Angul Shri Rajanikant Parida breathed his last yesterday, August 8,2019 at Aswini Hospital, Cuttack. He had sustained burn injury at Angul plant. Earlier on August 06, Dr. Tapan Kumar Chand, CMD and Shri B.K. Thakur, Director (HR) visited the hospital and discussed with the doctors on treatment of Parida. During their visit to the ...

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Odisha to produce 100 MTPA steel by 2030 More than 50% value addition of the primary metal produced in Odisha

Prominent steel manufacturers met today at Bhubaneswar and interacted on the vision of achieving 100 MTPA capacity for steel production in Odisha. Addressing more than 60 steel manufacturing companies, Dibya Shanker  Mishra, Minister of Industries, Odisha mentioned that the state provides an unparalleled conducive ecosystem for the steel industries to expand their manufacturing facilities. He also stated that the State ...

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NALCO, NIT-Rourkela & NITRAA supported by IIT, ICT, Dept. of Science & Technology, come together to set up Centre of Excellence to promote entrepreneurship for Start-up companies  

   In yet another step of NALCO’s Journey of Excellence, the Navratna PSU has inked a Memorandum of Understanding (MoU) with NIT, Rourkela & NIT Rourkela Alumni Association (NITRAA) for creation of a Centre of Excellence with the objective of collaboration to develop entrepreneurs by supporting technology-driven start-up companies to improve manufacturing & service delivery competitiveness. The partnership among the 3 ...

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Exchange Rates Notification No.52/2019-Custom (NT) dated 18.07.2019 

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the notification of the Central Board of Indirect Taxes and Customs No.48/2019-CUSTOMS (N.T.), dated 4th  July, 2019 except as respects things done or omitted to be done before such supersession, the Central Board of Indirect Taxes and  Customs hereby determines ...

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Chemical Industrial cluster spurred by ICT Bhubaneswar to increase depth of industrialization in the State

The Executive M. Tech Programme in Process Engineering was inaugurated at the Institute of Chemical Technology (ICT,) Bhubaneswar campus . Gracing the occasion as the chief guest, Dr. Tapan Kumar Chand, Chairman-cum-Managing Director of aluminium major – National Aluminium Company Limited (NALCO), greeted and motivated the first batch of Industry Executives by addressing them as the first movers in Industry-Academia ...

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Ministry of Skill Development & Entrepreneurship launches 

Commemorating World Youth Skills Day on July 15, 2019 and celebrating 4th Anniversary of the Skill India Mission, the Ministry of Skill Development & Entrepreneurship has announced launch of “Kaushal Yuva Samwaad” (A Youth Dialogue).  To be organized between 8th and 10th July 2019, Kaushal Yuva Samwaad is aimed at creating an open dialogue with the youth across all skill ...

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Commerce & Industry Minister Addresses International Conference on Quality Infrastructure

Union Minister of Commerce & Industry and Railways, Piyush Goyal, has called for giving thrust to quality so that India can be recognized for its superior products. Addressing anInternational Conference for Engineering Services on Quality Infrastructure for Clean & Sustainable Development in New Delhi today he expressed hope that India can be recognized world over not only for its comparative ...

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FDI inflows into India remained robust in 2018-19 

The Union Minster of Finance and Corporate Affairs, Nirmala Sitharaman said that FDI inflows into India have remained robust despite global headwinds. Presenting the Union Budget 2019-20 in Parliament today, she said that India’s FDI inflows in 2018-19 remained strong at USD 64.375 billion marking a 6% growth over the previous year. The Finance Minister proposed the following steps to ...

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