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| Gujarat News - June - 2009 |
Gujarat Industrial Corridor Corporation to act as a Regulatory Authority for Dholera SIR |
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| For monitoring the industrial corridor, Government of Gujarat has now formed a new company in the name of Gujarat Industrial Corridor Corporation (GICC), as a wholly-owned company of the State Government. The company would act for development of the project for the Delhi Mumbai Industrial Corridor, with an authorized capital of Rs.1,000 million and paid up capital of Rs.100 million. It is informed that recently, GICC has received the letter of registration from the Registrar of Companies. The Company will have 11 board members with Principal Secretary in charge of Industries & Mines Deptt., Government of Gujarat as Chairman; and Chief Executive Officer-Gujarat Infrastructure Development Board as Managing Director. Dholera SIR and PCPIR would be developed on a priority basis, for which the newly formed company would act as a Regulatory Authority, the sources added. |
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| Rs.11 billion furniture hub coming up near Kandla |
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| Kolkata based business house – M/s. Theme International is reported to have decided for setting up of a Rs.11 billion first-of-its-kind furniture hub near Kandla in Gujarat, on 114 acres of land. The group has been engaged in sourcing and processing timber for the manufacture of a wide range of contemporary wooden furniture items, as OEM supplier, for renowned furniture retain chain. The Group is also reported to have manufacturing facilities in West Bengal and Meghalaya, and would now retail its products under the brand name of “Theme”. |
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| GERC decides upper tariff for wind power |
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| With a view to facilitating the wind power producers, Gujarat Electricity Regulatory Commission (GERC) has fixed up the tariff for electricity generation from wind energy projects @ Rs.3.55 per unit. This has evoked good response from the windmill makers, as a result of which windmill makers and others made a beeline during the last Vibrant Gujarat Global Investors’ Summit held in January, 2009. Sources further informed that GERC is also considering preponing of execution of the revised tariff. |
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| Oil and Gas reserves found in Kheda district |
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| As informed by sources, Oil & Natural Gas Corporation, India’s largest producer of oil, has discovered oil and gas reserves at three new locations viz. Nadiad and Matar in Kheda district and Charada in Mehsana district of Gujarat. The estimated reserves at these new sites, however, are yet to be assessed. It may be mentioned that ONGC has drilled a large number of oil and gas fields in Ahmedabad district (31 fields producing 4,520 tonnes of oil per day), whereas the fields in Mehsana district produce approx. 6,000 tonnes of oil per day. Ankleshwar in Bharuch district also produces 6,000 tonnes of oil per day. Sources further added that Gujarat alone contributes about 20 per cent to ONGC’s total production in the country. |
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| Five upcoming Shipbuilding Parks help Gujarat to emerge as a Leading Shipbuilding Destination |
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| It has been informed that Gujarat Maritime Board (GMB) has decided to set up five shipbuilding parks in proximity to Dahej, Bhavnagar, Khambhat, a location between Jodiya and Navlakhi ports and Mandvi in Kutch district with an estimated investment of Rs. 150 billion. Sources informed that GMB would design these mega parks on the lines of cluster model of Alang Ship breaking Yard. The proposed shipbuilding parks, as informed, would be jointly developed by Gujarat Maritime Board (GMB) and Gujarat Industrial Development Corporation (GIDC), with GMB to act as the Nodal Agency. It is also planned to house shipbuilding skill development centre, service provider companies, engineering and polytechnic colleges, ship machinery suppliers and ship technology centre to help the units to avail of common infrastructure facilities in the parks. |
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| Disclaimer: The above items of news are based on news paper clippings only and not necessarily reflecting the views of state/central Government or iNDEXTb. iNDEXTb in no way therefore would be considered responsible for authenticity. |
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