The GenNext 'Smart Basics' Hotel from The Indian Hotels Company
The Indian Hotels Company (IHCL) has unveiled its GenNext 'Smart Basics' hotel — Ginger — at Plot No H, Jaidev Vihar in Bhubaneshwar. The chief minister of Orissa, Mr Naveen Patnaik and Chairman, Tata Group, Mr Ratan N Tata, inaugurated the hotel in the presence of Mr Raymond Bickson (MD and CEO, The Indian Hotels Company), Mr Prabhat Pani (CEO, Roots Corporation) and other dignitaries.
The Tata Group plans to set up an SEZ focused on the Electro-Metallurgical business in over 2,500 acres of land that it owns in Gopalpur, Orissa. the focus of the Gopalpur SEZ would be on downstream steel and aluminium projects, titanium dioxide ancillaries and processing of cold-rolled steel sheets.
A pellet plant with an annual production of 8-million tonnes will be set up by Essar Global, the overseas investment arm of the Essar Group. The pellet plant will require an investment of Rs.800 crores and will be a part of Essar's integrated steel unit, costing a total of Rs.10,700 crores.
A new ship building facility & SEZ is proposed to be built of 1,500 acres of land near Haldia in West Bengal. Mr. P.K. Ruia the promoter is seeking an allocation of 1,500 acres of land from the government for this purpose. The project entails an investment of Rs. 1,000 crore.
In the meantime, Tata Steel has proposed an SEZ on 3,000 acres of land in Gopalpur, Orissa. The focus of the SEZ woiuld be metal manufacturing and ancillary development. The project is expected to cost Rs. 8,000 crore.
New Delhi, July 07, 2006 : The Union Minister of Shipping, Road Transport and Highways, Thiru T. R. Baalu has approved ten road improvement works under Central Road Fund (CRF) proposals in the State of Orissa at a total cost of about Rs. 5829.10 lakh.