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February 17, 2021
The National Handloom Fair is being held at the exhibition grounds

Bhubaneswar: The National Handloom Fair organized by Boynika at the Unit-3 Exhibition Grounds in Bhubaneswar has been inaugurated today under the auspices of Epidemic Covid-19. The fair, which began on January 20, ended today after a long 29-day journey. The National Handloom Fair was especially popular among customers. The attractive decor of the fair, especially the open space within the fair, encouraged customers to walk around the fair and shop at the stalls.

The fair saw a turnover of over Rs 9 crore, with only Boynika making a turnover of Rs 1.51 crore, while Odisha handloom worth about Rs 3 crore was sold. In addition, Cox of Tamil Nadu, ‘Ako’ of Andhra Pradesh, ‘Mriganayani’ of Madhya Pradesh, and ‘Kafab’ of Kashmir have shown their happiness by doing better business this year than last year. The buyer-seller conference was held on the last day of the fair today.

On the day of the celebration, the stewards of each stall were honored with a north, sweets and honors. Mr. Jyoti Prakash Das, Director, Managing Director and Managing Director, Boynika was the chief guest at the inaugural function. Officers from the Directorate of Textiles, Boynika and Weavers Service Centers, Bhubaneswar and all the spectators and customers thanked the audience for the success of the fair.

February 12, 2021
NALCO scripts turnaround story; Net profit jumps by 123 % to Rs. 240 crore in 3 rd Qtr of FY21

Bhubaneswar,National Aluminium Company Limited (NALCO), the Navratna PSU, under Ministry of Mines, Govt. of India and country’s leading manufacturer and exporter of alumina and aluminium, clocked a net profit of Rs.240 crores for the 3 rd quarter ended December 2020. The net profit has jumped by 123 % over the previous quarter of current fiscal, which was Rs.107 crore.

The net profit for the nine months ended December 2020 has grown more than ten-fold to Rs.364 crore as against Rs.35 crore in corresponding period of last year. The total income in Q3 of FY21 witnessed substantial growth, clocking Rs.2,415 crores compared to Rs.2,137 crores in Q3 of FY20.

On sales front, the net sales of alumina hydrate for Q3 of FY21 was 3.44 lakh tonnes compared to 3.33 lakh tonnes achieved in the corresponding period of last year. Aluminium export also registered impressive growth, with sales volume of 1.38 lakh tonnes during the first nine months of FY21 as compared to 0.50 lakh tonnes during the
same period of FY20.

On production front, the Company achieved strong growth in Q3 of FY21, with Bauxite production of 19.34 lakh tonnes, Alumina hydrate production of 5.55 lakh tonnes while metal production achieved was 1.02 lakh tonnes. During the first nine months of the current fiscal, NALCO achieved production of 53.48 lakh tonnes of bauxite, 15.07 lakh tonnes of alumina hydrate while metal production was 3.06 lakh tonnes.

Shri Sridhar Patra, CMD, NALCO, said, ‘’NALCO has shown overall growth and resilience to script a turnaround after the peak period of COVID19 outbreak. The employees and workers delivered, when it mattered under challenging circumstances. The Company is geared up to meet the increase in demand with the gradual opening up of the market and the economy. 

The Company is also focused on operationalizing the ongoing projects, viz. Utkal-D Coal block, 5 th Stream Alumina Refinery & Caustic Soda JV projects etc., which will substantially bolster the bottomline of the Company.’’

February 08, 2021
Samajbadi Party has demanded that the increase in bus fares by 6 paise be considered unreasonable

Bhubaneswar, Bus fares have been hiked by 6 paise per km, express bus fares by 7 paise, deluxe bus fares by 2 paise and AC deluxe fares by 8 paise per km, super premium bus fares by 2.17 paise. He argues that the state government has increased bus fares in view of the rising petrol and diesel prices in the market.

While the economic backbone of the common people has been shattered by the coronavirus infection, and the daily routine has not yet returned to normal. But the price of one item after another is rising. The state committee of the Samajwadi Party alleges that the increase in bus fares by 6 paise per km is like a nalita bida on the burden for the common man.

Ravi Behera, the party's state president, said in a press statement today that the increase in bus fares was "unreasonable and unreasonable" and demanded that the state government reduce the bus fare by 6 paise per km in the interest of the people. "If the government does not reconsider bus fares in the interest of the people, the mass movement will intensify in the coming days," Behera said in a press release.

February 05, 2021
Indigenous fairs in 11 days, interest in buying tribal coffee

Bhubaneswar, In some states of South India, especially in Kerala and Tamil Nadu, coffee farming is considered a major source of livelihood. The sight of coffee growing in large parts of the two states attracts tourists. But it was unthinkable that the tribal sections of Koraput district, inhabited by the tribal-dominated tribal areas of Odisha, could move forward on the path to self-reliance by cultivating coffee. But the Koraput tribe has not only succeeded in cultivating coffee today, but the demand for coffee produced by them is increasing at home and abroad.

They pack their own coffee and send it to the market for sale. As a result, they are able to earn quite a bit of money. While small-scale business groups and big farmers around the world are involved in coffee cultivation, Koraput's poor tribal coffee cultivation has set a good example. The Tribal Development Cooperative Corporation (TDCC) has extended a helping hand to the people of the tribal areas towards coffee cultivation.

Customers are flocking to the 'Adivasi Coffee House' stall, which opened at the fair premises, to buy coffee, which is made by the Adivasis and packaged in packets. The packet weighs 100 grams and 250 grams. As the quality and taste of Koraput coffee is higher than that of other coffees, the demand for it is on the rise. The Indigenous Coffee House, which has been in the coffee business since 2019, has achieved significant success in two years. Not only are coffee packets on sale at this stall, the audience is clearly explained about its preparation methods and quality standards.

With the tribal fair reaching its eleventh day today, trade is also on the rise. In the afternoon, many people came to the fairgrounds to buy household items. Although there was no food market or cultural program, it did not deter the interest of the audience.

February 05, 2021
Meeting focused on power generation and distribution, with an emphasis on power supply to every village

Bhubaneswar, A meeting of the House Committee on Energy Production and Distribution was held today in the Assembly Hall. Bachchupati Dr. The meeting, chaired by Surya Narayan Patra, discussed in detail the overall situation in Odisha on power generation and distribution. "We will take all necessary steps to protect the interests of consumers with the provision of high-quality electricity," he said. The vessel ordered Tata Power. During the meeting, Chief Secretary of the Energy Department Nikunj Bihari Dhal and Odisha Chief of Tata Power Sanjay Banga presented information on the state of the state in the field of electricity.

Energy Secretary Dhal revealed that while the state is generating 4,050 MW of energy, 2,950 MW is being invested and the rest is wasted. Is happening. As a result, there are losses in this direction. He emphasized that the central government was committed to developing renewable energy, with a target of 19 per cent by 2021 and 22 per cent by 2022. "It simply came to our notice then. However, MLA Amar Prasad Shatapathi opined that renewable energy should also be developed in accordance with the policies pursued at the national level to prevent environmental pollution problems.

Opposition chief whip Mohan Charan Majhi opined that proper power generation and distribution rules in the state should be prevented. MLA Kishore Mohanty expressed concern over the closure of four power generation projects in Chipilima and Burla for the past six years. The Odisha chief said that Tata Power's approach was to provide continuous electricity services. Tata Power will work with improvements in the system, collection of electricity arrears and social responsibility, and according to the agreement, by 2023, the company will reduce its losses by 3 percent, while the company will pay Rs 30 crore in compensation.

The meeting also discussed various government-initiated schemes. NTPC and PTCL are implementing electrification schemes in 15 Lekhaye districts of the state. Dr. Bachchupati Dr. to keep the village and family information on the real situation. The vessel ordered. The Sub-Committee on Energy will immediately visit various districts to discuss the power supply system.

The meeting was attended by Indian National Congress Legislative Party Leader Narasimha Mishra, Opposition Chief Whip Mohan Charan Majhi, Kishore Kumar Mohanty, Amar Prasad Shatapathi, Santosh Singh Saluja, Subash Chandra Panigrahi, Sukant Kumar Nayak, Assembly Secretary Dashrathi Shatapathi and Senior executives of the company attended.

February 04, 2021
Tribal fair on the tenth day. A picture of the livelihood and empowerment of the tribe

Bhubaneswar, Odisha, various schemes and programs have been taken up by the government to bring the economically poor and marginalized tribals into the stream of progress. Achieving this goal has created a major challenge for the tribal people to find a way to make a living or earn a living.

That is why the government has been implementing two major programs for the welfare of the tribals in the tribal-dominated districts in the last few years. A scheme called Odisha Tribal Empowerment and Livelihood Plus was first launched in Koraput and Malkangiri districts in 2011 and now includes eight other districts: Nabarangpur, Gajapati, Kandhamal, Kalahandi, Rayagada, Kendujhar, Mayurbhanj and Sundergarh.

The program includes strengthening tribal skills, improving livelihoods and providing development funds. The plan aims to create a variety of products through the use of indigenous know-how among the tribals, to promote the non-agricultural sector for the livelihoods of the poor tribal families, and to partner with various government and private institutions and phachayatiraj institutions. Similarly, another scheme called 'Odisha Tribal Empowerment and Livelihood Improvement Program' has been launched from 2017-18 to change the livelihoods of the tribals in the state.

The Agricultural Development Fund (IFAD) has extended a helping hand to the program. Sixteen micro-project development agencies have been set up for the 13 indigenous communities identified in the state and are operating in 12 districts. The success of these two programs, which are aimed at making a living, is reflected in this year's Adivasi Mela at the capital's Adivasi Exhibition Grounds.

With the financial support of these two programs, various developmental tribal development agencies have come up with interesting products made by them. Today is the tenth day of the Thula Tribal Fair. More spectators came to the fairgrounds in the afternoon than in the morning to buy their favorite household items. Some women were seen holding their baby in their arms and shopping at various stalls.

February 02, 2021
On the eighth day, the tribal fair is a perfect sign of tribal art in the capital

Bhubaneswar, Today, 42 tribal communities living in Odisha are struggling to break free from poverty and exploitation and join the flow of progress. For this reason, they are anxious to thwart the success of various development schemes being implemented by the government. In the meantime, the art of the peaceful, innocent tribal community has not been lost, nor has the traditional signature of their traditional paintings and handicrafts been lost. Some of the most beautiful stalls opened at the capital's tribal fairs showcase paintings, handicrafts and handicrafts from the state's tribal-dominated areas.

In some stalls, the paintings and sculptures made by the artists are so captivating that the audience spontaneously comes forward to buy them all and does not hesitate to interact with the artists involved for a moment. The ITDA of the concerned district. With the help of the tribal artisans and artisans, they have the opportunity to come to the capital and sell their wares. Whether it's a wooden pottery and a flute made by a cottage-based artist, or a bamboo-shaped centerpiece made by a Sabra artist, all of the tribal artisans' unique artistry blossoms.

The woodwork, drawings and other materials displayed at one of the stalls of the fair beautifully reflect the integrity of the ancient heritage and handicrafts of the tribal community. Indigenous artists' paintings, terracotta materials, bamboo and iron crafts have been exhibited at various stalls. In some mandapas, young artisans from the indigenous community are immersed in painting on canvas. Indigenous jewelry, toaster, and sari-making techniques are also on display at some of the stalls.

Overall, the tribal fairs are a reflection of the level at which tribal paintings and handicrafts have reached the brink of extinction. Today, on the eighth day of the fair, crowds of spectators were seen in various stalls. People lined up to sign up. Many spectators continued to enjoy the sale.

February 01, 2021
Bhubaneswar,
Everyone is happy that the Toshali fair customers and sellers are happy

The 15th Toshali Handicrafts Fair has been held at the Janata Maidan on January 21 on behalf of the Department of Handlooms, Weaving and Handicrafts of the Government of Odisha. The fair has a total of 140 handicraft stalls and 116 handloom stalls. Today, Mrs. Ranjana Chopra, Principal Administrative Secretary, Department of Scheduled Tribes and Scheduled Castes Development, attended the Toshali Fair as a guest. Mrs. Shubha Sharma, Administrative Secretary, Department of Handlooms, Weaving and Handicrafts, was also present on the occasion. On the eleventh day, the Toshali fair was heavily crowded due to Sunday.

Customers visited the fairgrounds in compliance with all Covid rules. Sanitary and thermal levels were arranged at the fair gate. Wearing masks during the fair was mandatory for everyone. More than a million people gathered at the fair yesterday. As of January 31, the fair had more than Rs 3 crore in handicraft stalls and more than Rs 4 crore in handloom stalls. Odisha's paper masks, straw handicrafts, canopy work, paintings, dokra, sabai grass, brass and brass in the handicraft zone at the fair are attracting customers.

In addition, the bamboo work in Tripura and the wood carving in Mysore have attracted more and more people. The elephant carving of Dharmagarh in Kalahandi is captivating the audience. At the Toshali fair, two chairs are provided with special helpless facilities for the differently abled. Stalls have also been set up at the fairgrounds to facilitate their marketing. Utkalika stalls attract all kinds of handicrafts in Odisha and are selling well. At the Toshali fair, a hand-made bag stall was opened at the fair, which has become quite popular with the audience.

At the Toshali Mela, the stone, stone, sandalwood and sandstone workmanship of Mughunipathar in Mayurbhanj is well-received by the audience. Jackets from Himachal Pradesh, leather work from Shantiniketan, bamboo work from Assam, honeymoon work from Bihar, flowering industries from Punjab from outside Odisha are captivating the audience at the Toshali fair. The Toshali fair, held at Janata Maidan, will run until February 7. Every day the fair is open to the public from 2 to 9 p.m.

January 30, 2021
On the 5th day, the Adivasi Mela Sabai grass is amazing

Bhubaneswar, In the tribal-dominated Mayurbhanj district of Bhubaneswar, sabai grass is one of the main sources of livelihood. Everyone has an idea about the extensive use of sabai grass in the manufacture of paper and rope. But this year's Adivasi Mela at the Rajdhani Adivasi Exhibition Grounds has given a shining example of how high-quality and attractive handicrafts can be made from Sabai grass. Handicrafts made of sabai grass by women from various self-help groups are on display in some of the pavilions of the fair.

The audience's interest is growing as these items are made in a very perfect and attractive style. Among the items made from sabai grass are flowers, sacks, bags and various household items outside the state. Indigenous people cultivate sabai grass in their villages and bring it all and make various items. Not only is she exhibited and sold in the fairgrounds, but women in self-help groups can be seen sowing it with her own hands. Women in the Moradabad and Shuliapada blocks of Lodha, who used to live in extreme poverty and poverty, are now able to earn a lot of money by making various items made of sabai grass.

Some self-help groups have made flower aunts, dustbins, mats, shopping bags, bottles, bags, etc. on sabai grass. Indigenous women informed at the fair mandapa that Sindoor Farua, Pen Stand, Kanful, Mudi, File Cover etc. are being made of sabai grass. In 13 micro projects in Mayurbhanj district. Mamata Grahacharya, the female superintendent in charge, said the preparations were underway.

Today was the fifth day of the tribal fair. As it was a holiday, there was a lot of buzz around the fair. Thousands of spectators enjoyed shopping in the winter afternoon. The stalls, which display a variety of handicrafts, were overcrowded. Niara was seen returning with a bouquet of flowers and other household items in her hands.

January 28, 2021
Third evening of the Adivasi Mela is in a hurry to buy goods made by the Adivasi

Bhubaneswar: After independence, the state government has launched various programs to bring the tribal people into the stream of progress. All efforts by the government are reflected in this year's tribal fair, which is being held at the number one tribal exhibition grounds. In general, the stalls show the progress and changes in the socio-economic and trade situation of the tribals in the open stalls. Demand for this specialty has grown significantly as a result of recent corporate scandals.

Housewives are keen to buy it from the fair, which is held once a year, as it is difficult to make it available in urban areas. In addition, the stronghold in the minds of the people that the products made by the aboriginal society are pure and its biological properties are still intact is well presumed from the interest of the housewives. Despite the enforceability of the curfew, many people come to the fairgrounds in the afternoon with their families to buy items made by the tribals with enthusiasm and enthusiasm.

In some stalls, indigenous women are making handicrafts. Some of the stalls that have become the center of attention for housewives have been overcrowded, although social distance has been tightened due to the corona. On the third evening, housewives showed interest in buying foodgrains produced by the tribals, such as Basumati rice, mung beans, beans, mandia, palua, and rashi.

Similarly, many families were interested in visiting stalls selling light forest products such as honey, lakhs, jhunas, harida, bahada and ala. Urban Garakh was in no hurry to buy badi, pompad, turmeric, pickles, etc. prepared by some tribal development agencies. Some women were seen returning from the fair grounds holding bouquets of flowers and turmeric in their hands.

January 22, 2021
Review meeting of the district horticulture officials. The emphasis is on the success of the plan

Bhubaneswar, The state has ample opportunities for horticulture. Farmers' incomes can be multiplied by diversifying crops and cultivating local soil and climate-friendly fruits and vegetables. In view of this, the farmers of Horticulture need to create awareness among the farmers towards the cultivation of fruits and vegetables, ”said the Minister of Agriculture and Farmer Empowerment, Fisheries and Livestock Development, Higher Education. Said Arun Kumar Sahu.

Attending a review meeting of horticulture officials held at the Krishi Bhavan today, Minister Dr. Sahu instructed the officials to implement the 5 'T and My Government' program in a coordinated manner with the officials of other departments and to implement the horticulture schemes successfully.

While the state has had to deal with natural disasters such as storms, floods, droughts, pests etc. at various times, farmers in Odisha have been left behind in the state’s rice production due to hard work and improved seeding, agricultural machinery, modern know-how. Eggplants are second in production and third in cashew nuts.

Horticulture has the potential to benefit more from less land. In this regard, farmers need to change their mindset to grow more horticulture-based farming and financial crops. The Horticulture Officers of the district have held regular meetings with the officials of other ancillary departments to formulate plans for integrated agriculture in the district. Sahu said. Deputy Directors and Assistant Directors of the Horticulture Department He directed the department to prepare a plan for the next three months and send it to the department for the next three years, so that Odisha could become self-sufficient in horticulture and export to other states.

In addition, the officials visited the area on a regular basis to closely monitor the tree planting program at AGNRREGA. Sahu said. At the meeting, the Chief Administrative Secretary of the Department of Agriculture and Farmer Empowerment, Dr. The Panchayat level meeting every Monday and the block level technical meeting held on the first and third Saturdays at the block level every Monday to play a key role in resolving the problems of the local farmers, said the horticulture officer should attend the regular meeting. He emphasized the need to create more clusters of horticulture and nurseries for the production of saplings.

"Therefore, horticulture can make agricultural products more valuable and increase employment opportunities and increase farmers' incomes," he said. Said Garg. The meeting was attended by Shri Suresh Kumar Basishta, Special Administrative Secretary, Department of Agriculture and Farmer Empowerment, Shri Rohit Kumar Lenka, Director, Horticulture, Dr. K.S. M. Muthukumar, Deputy Director of Horticulture, Assistant Director of Horticulture, including Mr. Hemant Kumar Panda, Director, Soil Conservation and Watershed Development, were present.

January 20, 2021
National Lifting Day will be celebrated and a high-level committee will be formed for lifters

Bhubaneswar, On the occasion of National Lifting Day, the state-level National Lifting Day was celebrated at Unit-1 on behalf of the Perfect Utkal Small Business and Vending Zone Protection Trust. At first, a large procession of protesters rose from Rajmahal Square to Unit 1. The function was presided over by Pratap Kumar Sahu, Founder President of the Trust, and was attended by Ashok Chandra Panda, Minister for Social Security, Differential Empowerment, as the chief guest.

Speaking as the keynote speaker, Rajya Sabha MP Subhas Singh said, "I have seen for myself the long 30-year relationship with the Uthadokani and all your problems. The state government will try to evacuate the remaining lifters immediately. He promised that the exterminators would be evacuated soon.

Anant Narayan Jena, an adviser to the trust and an Hon'ble MLA, said: "During my tenure as mayor, many activists have been ousted and will continue to be so in the future." No shopkeepers and sisters wait anxiously. Individuals from all over the world, including India, have come and praised the vending zone and set up vending zones in his country. ACP Vishnu Prasad Patra, one of the guests, added that the lifeguards earn their living and feed their families.

He also commented on road safety. Among the guests were Labor leader Sanatan Behera, former corporator Rajkishore Sahu, Ramchandra Pradhan, Navkishore Behera among others. The program was organized by Bipin Bihari Das, Suryamani Sahu, Jaydev Sahu, Niranjan Pand, Bharat Sahu, Bipin Jena, Satyaranjan Mohapatra, P.S. Hundreds of members, including Sudarshan Pristi, Shantan Kumar Kumar, Manoj Kumar Sahu, Suresh Patnaik, Anu Mishra and Banambar Patnaik, contributed. Finally, Anuj Kumar Pradhan, General Secretary of the Trust, offered his thanks.

January 11, 2021
kerejanga- Anugul doubling commissioned in record time

After persistent hard work and dedicated efforts, the doubling between Kerejanga-Anugul of 13.51 km has been commissioned on 10.01.21. This is done in a record time. CCRS has authorized to run the trains at a maximum speed of 100kmph for the new double line. This is a great achievement as getting 100kmph for a newly commissioned line is a rare event. By this completion, doubling between Rairakhol to Angul is now completed for Sambalpur-Talcher Doubling project. This is 85.3km out of 168.2 km of doubling.

On 28.12.2020, CCRS inspection was conducted in this section. Pre Non interlocked work started on 05.01.21 and ended on 07.01.21. Non- interlocked working started on 08.01.21.

On 08.01.21, a mega traffic block of 8 hrs was taken to connect UP existing main line to R3 of Angul. The work involved heavy machineries to be deployed for cut and connection work. Excellent unison and synchronization was seen between different departments of Railways.

On completion of the NI work, speed trial with inspection special train fitted with OMS 2000 hauled by Electric Locomotive was conducted between Kerjung and Angul section at a maximum speed of 110 kmph. Based on the speed trials, inspections, and interpretation of OMS results and by utilizing the power delegated to the Chief Commissioner of railway Safety, by section 28 of Indian Railway Act, the broad gauge line has been sanctioned for passenger and goods upto a maximum speed of 100 kmph.

General Manager East Coast Railways Sh Vidya Bhusan, has congratulated the entire team for showing the determination and grit for the completion of the work.

January 11, 2021
East Coast Railway has carried 150.86 million tonne of freight traffic up to 10th January

East Coast Railway has carried 150.86 million tonne of freight traffic up to 10th January, 2021 of the current financial year, i.e. from 1st April, 2020 and became the 1st Zonal Railway to reach 150 MT freight loading in the current fiscal.

Up to 10th January, 2021 of the current financial year; East Coast Railway has carried 84.10MT of Coal, 20.50MT of Iron Ore, 13.03mt of Iron & Steel, 5.67mt of raw materials for Steel Plants, 5.30mt of fertilizer, 2.29mt of container, 2.05mt of food grains, 2.03mt of Petroleum Products and 15.88mt of other commodities.

In last 10 days, i.e. from 1st to 10th January, 2021, East Coast Railway has carried 6.58 million tonne of freight registering a growth of 15.6% from the corresponding period of last year, i.e. from 1st to 10th January, 2020. From 1st to 10th January, 2020, East Coast Railway had loaded 5.69 million tonne of freight traffic.

East Coast Railway has carried 20.53 million tonne of freight in the month of December, 2020 only of the current financial year by increasing 11.8% more than the corresponding period of 2019. In December, 2019, ECoR has loaded 18.36 million tonne of freight. 

Up to the end of December, 2020 of the current financial year; East Coast Railway has carried 144.25MT of freight. This include 80.50MT of Coal, 19.50MT of Iron Ore, 12.44mt of Iron & Steel, 5.25mt of raw materials for Steel Plants, 5.16mt of fertilizer, 2.21mt of container, 1.93mt of food grains, 1.95mt of Petroleum Products and 14.77mt of other commodities.

To achieve this loading figure, East Coast Railway has utilised 9945 Wagons per day in December, 2020 as against 8864 wagons during the correspondence period of last financial year. Similarly, up to the end of December, 2020; East Coast Railway has utilised about 7899 wagons per day from 1st April, 2020 and aims to load more rakes to achieve the goal.

This has been achieved despite lockdown and closure & less workforce in industries and in mineral units under East Coast Railway jurisdiction. To get this remarkable performance, East Coast Railway has utilized its manpower and rolling stock items with proper planning and coordination with Govt Sectors and Industries.

Under the able leadership & guidance of its General Manager Shri Vidya Bhushan, East Coast Railway has achieved the remarkable performance. Apart from this, the Business Development Units of East Coast Railway integrating innovative policy making with stability and certainty in the logistics sectors by attracting new avenues for modal transit from rail to road

 

January 07, 2021
NALCO to invest Rs.30,000 crores for expansion and business diversification

Bhubaneswar,  “It is indeed commendable that NALCO, which started with a modest investment way back in 1981 continues its leadership position with excellent performance for more than four decades. Forty glorious years of sustainable growth reflects the fact that NALCO has matured in the business cycle and now exponential growth and expansion will take this CPSE to the next level of business excellence,” said Shri Pralhad Joshi, Hon’ble Union Minister of Parliamentary Affairs, Coal Mines while addressing the 41 st Foundation Day celebrations of the Company, today at Bhubaneswar.

The Union Minister appreciated the dedication, hard work of the management and employees for continuing their efforts for optimizing production and productivity, particularly during the last few months wherein there has been a slump in metal prices and onset of COVID 19 pandemic. On this occasion, the Hon’ble Union Minister Shri Joshi also stressed on the fact that there exists a huge scope for increasing the per capita consumption of Aluminium in the country and it is the right time for the Indian Aluminium industries to ramp up their production and leverage this opportunity. 

“The annual consumption is stated to grow many fold with demand picking up under Government of India’s Atmanirbhar Bharat initiative in sectors like power, building construction, packaging, automobile manufacturing and transportation”, he said.

On NALCO’s growth plans, he said that, for NALCO to remain a significant contributor in the alumina and aluminium sectors, it is essential that NALCO must go for its planned expansion, with an estimated investment of around Rs. 30,000 Crores in the next 7 - 8 years. “This will help the company for its sustainability and competitiveness. 

Moreover, Aluminium industry being one of the fastest growing sector among all metals has the potential to attract huge investments in the near future”, he added.

“The Rs. 30,0000 Crores expansion plan of NALCO, spread over the next 7 – 8 years will include the expansion of its Refinery by one million tonne capacity, adding 3.5 million tonne capacity Pottangi bauxite mines and operationalization of Utkal D & E Coal Blocks. Further to this, enhancement of Aluminium Smelting capacity by 0.5 million tonne and Captive Power Plant by another approximately 1200 MW through brownfield expansions at Angul district of Odisha has been envisaged in this growth plan”, he added.

Worth mentioning that NALCO is in the advanced stage of obtaining mine opening permission after execution of lease deed for 2 MTA of Utkal D coal block in the 1st quarter of 2021-22. Further, Hon. Minister added that all clearances have been given by MOEFCC to Utkal-D Coal Block. Similarly the company is concurrently in the process of obtaining statutory clearances for 2 MTA of Utkal E coal block with a plan to open the mine in 2022-23. 

The Hon’ble Minister appreciated the fact that in spite of all odds, NALCO has met 75% of its CAPEX target for the FY 2021-22 within 31 st December 2020.

Addressing the occasion, Shri Sridhar Patra, CMD, highlighted the company’s significant performance in last fiscal, wherein he shared about the export earnings of NALCO that accounted for about 59% of the sales turnover in the 1st half of this financial year. 

He also informed regarding caustic soda plant that has been set up in JV with Gujarat Alkalies & Chemicals Ltd, which. is likely to be commissioned in early part of 2021-22 and this will secure a steady supply of caustic soda to NALCO. Shri Sridhar Patra thanked the Hon’ble Minister and the Ministry of Mines for their wholehearted support in all endeavours of NALCO. 

He also thanked the state Government for the support extended by them for fast tracking the completion of various projects including the 5 th stream Refinery at Damanjodi. Shri Sridhar Patra attributed the performance of NALCO to the team work and dedication of all employees and cooperation of various stakeholders.

Hon’ble Union Minister Shri Pralhad Joshi unfurled “The Employee of the Month Scheme”, a motivational scheme for improving employee performance. Also, the ‘Best Performing employees’ of NALCO were rewarded on the occasion.

January 07, 2021
State Electricity Regulatory Commission refrains from attempting to hand over state assets to Tata

Bhubaneswar, The Odisha Electricity Regulatory Commission (OERC) has made a profit by selling Tata companies to companies like Cesco, Southco and Wesco in violation of all policy rules. "It is against the interests of the people of the state," said Pradeep Majha, the acting president of the state Congress. "It is also a dictatorship in capitalism," Majha told a news conference at the state congressional office. According to Section 21 of the Electricity Act 2003, it is difficult to say that a builder cannot sell one company to two companies.

Similarly, Section 40 of the Electricity Act states that no single private entity can control all electricity markets. It is alleged that the ambassador provided the information to Hussein. At the time of the sale, 10 percent of the employees' shares had been illegally liquidated. In this regard, the state government has also paved the way for private companies by promoting the OERC.

Even now the government and the OERC have licensed the Tata company. Has ignored the interests of the people of the state. Mr Majha demanded the immediate repeal of the illegal act in the interest of the people of the state. As the country is now in the midst of a crowded crisis, it is highly unfortunate that the regulatory commission is urgently calling on private companies.

The motive is to show sympathy for the Tata company by ignoring the advice of others in this regard. "The arrears on various industries need to be recovered soon and the people of the state need to enact a new law like Suhaila," he said. Rashmi Mohapatra, Sritirekha Pahi and lawmaker Akash Bhuyan were present at the press conference.

January 07, 2021
Revised timings of Rajdhani special train at koderma station

It has been decided to revise the timings of all three Rajdhani Special Trains from Bhubaneswar at Koderma Railway Station under East Central Railway jurisdiction w.e.f. 9th January, 2021 onwards as per the following_

A. 02855 Bhubaneswar-New Delhi Special Rajdhani Express via Angul, Sambalpur City, Jharsuguda and Rourkela from Bhubaneswar on every Saturdays w.e.f. 9th January, 2021 will arrive at Koderma Station at 2058hrs and will leave at 2100hrs towards New Delhi instead of earlier arrival time at 2133hrs & departure time at 2135hrs.

B. 02825 Bhubaneswar-New Delhi-Bhubaneswar Special Rajdhani Express via Adra from Bhubaneswar on every Wednesdays & Sundays w.e.f. 10th January, 2021 and 02823 Bhubaneswar-New Delhi Special Rajdhani Express via Tata from Bhubaneswar on every Monday, Tuesday, Thursday & Friday w.e.f. 11th January, 2021 will arrive at Koderma Station at 2058hrs and will leave at 2100hrs towards New Delhi.There will be no change of timings of these above trains at all other Stations.

January 06, 2021
PM-CARES-Fund-Trust-allocates-Rs-201-58-crores-for-installation-Medical-Oxygen-Generation-Plants

New Delhi, PM Cares (Prime Ministers Citizen Assistance and Relief in Emergency Situation) fund has provided an additional 162 dedicated press swing absorption (PSA) medical oxygen preparations at various government health centers across the country.

Out of the total project cost, Rs 137.33 crore will be spent on the supply of plants and start-ups and the management fee of the Central Medical Supply Store (CMSS). A detailed annual maintenance contract of Rs 64.25 crore will be made. The material will be procured by the Central Medical Supply Store (CMSS), an independent body under the Ministry of Health and Family Welfare.

A total of 162 plants with a total capacity of 154.19 million tonnes will be connected in 32 states / union states (Companion-I). Government hospitals to be connected to the plant have been selected in consultation with the respective states / union states. The warranty of these plants will last for the first three years. The CMC (Comprehensive Annual Management Agreement) has been provided for the project for the next 7 years.

Regular management and maintenance will be done by hospitals / states. Hospitals / states will be responsible for the full management and maintenance of the CMC. This will make the public health system stronger. In addition, the availability of affordable medical oxygen can be increased.

Continuous oxygen supply is essential in the case of general and severe COVID-19. Oxygen use is also required for other health problems. It is an important step to connect a specific PSA oxygen production plant to government hospitals. This will increase their ability to generate their own oxygen and they will have a way to store and supply it where needed. 

This will increase the total oxygen availability pool of states and union states as well as help in the timely supply of oxygen to patients in government health centers. 

Distribution of Plants of Attachment-State / Union Territory Warrior PSA Oxygen Concentrator.

201.58 crore from PM Care Fund Trust for 162 PSA Medical Oxygen Plant Connections


201.58 crore from PM Care Fund Trust for 162 PSA Medical Oxygen Plant Connections

201.58 crore from PM Care Fund Trust for 162 PSA Medical Oxygen Plant Connections

201.58 crore from PM Care Fund Trust for 162 PSA Medical Oxygen Plant Connections

December 26, 2020
World’s 3rd largest cryptocurrency crashes after lawsuit

San Francisco, The value of XRP, worlds third largest cryptocurrency after Bitcoin and Ethereum, crashed more than 40 per cent after the US Securities and Exchange Commission (SEC) sued both the founder and current CEO of tech company Ripple for raising more than $1.3 billion through an “unregistered securities offering” after selling their cryptocurrency XRP.

According to CoinMarketCap, the XRP’s declined more than 42 per cent in the past 24 hours and was down more than 63 per cent from its 30-day high of $0.76.

It now sits at just $0.27.

The lawsuit which said that XRO is a security not currency, claimed that Ripple’s former CEO and founder Christian Larsen and its current CEO Bradley Garlinghouse violated securities laws by selling XRP over a seven-year period starting in 2013.

According to the company, “The SEC is completely wrong on the facts and law and we are confident we will ultimately prevail before a neutral fact-finder”.

“XRP, the third largest virtual currency with billions of dollars in trading every day, is a currency like the SEC has deemed Bitcoin and Ether, and is not an investment contract,” Ripple argued in a blog post.

The company said that the other major branches of the US government, including the Justice Department and the Treasury Department’s FinCen, have already determined that XRP is a currency.

“Transactions in XRP thus fall outside the scope of the federal securities laws. This is not the first time the SEC has tried to go beyond its statutory authority. The courts have corrected it before and will do so again.” Michael Kellogg, Kellogg, Hansen, Todd, Figel & Frederick

Garlinghouse said that “although the SEC’s decision brings an even greater sense of urgency to our decision whether to move our HQ outside the US, we also look forward to working with the new Biden administration to see if we can find a rational path forward here”.

The SEC in the past had ruled that Bitcoin and Ethereum are currencies.

XRP, however, differs from Bitcoin and Ethereum as the rest of the two cryptocurrencies are created through a “mining” process which is ongoing.

“Ripple started XRP by creating 100 billion units all at once” and this may be why the US SEC has called it a security, not a currency.

Ripple was recently valued at $10 billion following a $200 million funding round.

December 26, 2020
NewDelhi,
FM holds 1st pre-budget talks with top industrialists

With the union budget-making process getting underway, Finance Minister Nirmala Sitharaman held her first pre-budget consultation with top industrialists on Monday. The meeting assumed importance as it would bring industry and government together to identify critical areas of reform that would pave the way for reinvigorating growth in the economy hit hard by the pandemic this year.

The ideas from the industry would go as valuable inputs for government budgetary exercise for FY22. Sources said that the who’s who of India Inc., including Uday Kotak from Kotak Mahindra Bank, Biocon’s Kiran Majumdar Shaw attended the meeting organised through video conferencing.

Along with Finance Minister, Finance Secretary A.B. Pandey, Secretary, DEA, Tarun Bajaj, Chief Economic Advisor K. Subramanian besides other senior officials were also present in the meeting.

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