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PARADIP IN ODISHA
ACME Green Molecules, Mitsubishi Gas Chemical sign $1 billion green methanol supply dealIndia's first global green marine fuel pact sees ACME Green Molecules partnering with Japan's MGC to supply 100,000 tonnes of green methano...- Odisha signs pact with Japanese co, ACME Group for Rs 67,000-cr investmentOdisha has inked a significant Memorandum of Cooperation with ACME Group and Japan's IHI Corporation, committing an investment of Rs 67,000...
- ACME-IHI JV secures $5 billion Japanese support for Odisha green ammonia projectA significant boost for India's green energy ambitions! ACME Group's joint venture with Japan's IHI Corporation has secured a massive $5 bi...
- India's Russian oil imports rise in May as refiners boost purchasesIndia continued its strong demand for Russian fossil fuels in May. The nation emerged as the second-largest buyer globally, importing hydro...
- Hopeful JSW's Rs 65,000 cr steel plant will be completed by 2029, to boost industrialisation: MajhiOdisha's Chief Minister Mohan Charan Majhi is optimistic that JSW's massive Rs 65,000 crore integrated steel plant near Paradip will be ope...
- 'Fuel scarcity' hits livelihood in Odisha, govt assures people of situation normalisation by MondayOdisha faces fuel scarcity, impacting daily wage earners and transport operators. The state government attributes the situation to panic bu...
- L&T wins largest domestic metals order from JSW Steel for major expansionLarsen & Toubro's Minerals & Metals division secured its largest domestic metals order from JSW Steel, valued between Rs 10,000 crore and R...
- CM Majhi announces Rs 46,000 crore investment plans for new port, shipbuilding project in OdishaOdisha Chief Minister Mohan Charan Majhi announced significant development plans. A new port will be established at Bahuda in Ganjam distri...
- Indian Oil to invest Rs 61,000 crore to build petchem complex in OdishaIndian Oil is set to invest Rs 61,000 crore in Paradip, Odisha, to establish a major petrochemical complex. This marks the company's larges...
- IOC to invest Rs 61,077 crore in petrochemical complex at ParadipThis is a part of its transition plan including boosting petrochemical intensity to help protect against volatility. Petrochemical intensit...
- Taiwanese company CPC Corp proposes $6.6 billion investment in IndiaA Taiwanese delegation today discussed investment in the petrochemical cracker and downstream units.
- Coastal shipping of coal to double in 6 years: Crisil ResearchBulk of the coastal movement of coal in India happens along the eastern coast, from the mines of Mahanadi Coalfields (MCL), via the Paradip...
- IOC pays Rs 2,935 crore to Odisha government to resolve tax issueLast month, the state government agreed to give Rs 700 crore per annum of interest-free loan for 15 years to IOC.
- Indian Oil, Odisha reach compromise on Paradip refinery tax incentivesOdisha withdrew the incentive this year and sought to recover value-added tax (VAT) from Indian Oil, which obtained a stay from the Cuttack...
- Fast track development of Paradip, Dhamra ports will boost India's economy: Amitabh KantThe two ports that together handle a capacity of 145 MTPA are strategic as they act as a gateway for trade with the ASEAN region.
- Punj Lloyd bags Indian Oil Corporation's Rs 367 crore-contract in OdishaPunj Lloyd said it has bagged Rs 367 crore contract from Indian Oil Corporation at Paradip Refinery in Odisha.
- Paradip Refinery commercial commissioning very soon: IOCL"The Paradip refinery is an important project for us and we are going to commission it very very shortly," IOCL Chairman B Ashok said.
- GAIL drops plan to set up LNG terminal at Paradip coastGAIL was looking for a strategic partner for the 4 million tons a year floating liquefied natural gas (LNG) terminal off the Paradip coast.
- No plans to shelve Odisha project: Posco-India CMD Gee Woong SungPosco-India today said it has no plans to withdraw from the proposed mega steel plant project worth Rs 52,000 crore near Paradip in Odisha.
- India to have 4 more strategic oil reserves: Petroleum Minister Dharmendra PradhanThe strategic oil reserves would enable the country to meet the requirement during any crisis as India depends heavily on crude imports, Pr...
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