Page 3 - Hemant Kumar Rout

CAG flags ₹1,662 cr DMF spend outside norms, mining-affected areas

Audit finds ₹983.32 crore spent in villages not affected by mining and ₹679.14 crore sanctioned for projects outside the permissible PMKKKY framework

CAG flags weak GST recovery, ₹2,500 crore demand gap in Odisha tax net

Audit finds only around ₹110 crore recovered against over ₹2,500 crore in GST demands, while flagging excess input tax credit and gaps in e-way bill monitoring

Nalco to supply 50,000 tonnes of molten aluminium a year to Angul park

The Angul Aluminium Park offers downstream manufacturers access to molten metal from Nalco's smelter, along with industrial infrastructure and utilities.

Naveen takes MMDR fight to streets, urges Odisha to oppose implementation

BJD chief says amended mining law will erode Odisha's taxation powers over mineral rights; party plans district campaign and economic blockade if law is not withdrawn

Coast Guard averts tanker mishap off Paradip weeks after Ocean Winner sank

Belize-flagged MT Seagull 9, carrying around 9,000 tonnes of palm oil and 23 crew members, developed a dangerous list after engine failure and flooding

Tribals vow to oppose renewed mining push in Odisha's Niyamgiri hills

Tribal representatives say their position remains unchanged since 2013, when 12 gram sabhas unanimously rejected the proposal to mine bauxite in the sacred hills

Vedanta urges Odisha govt to accelerate ₹1 trillion investment proposals

Vedanta has urged Odisha to accelerate its proposed ₹1 trillion investment in aluminium projects, including a smelter in Dhenkanal and a refinery in Rayagada.

Adani firm gets approval for ₹1.04 trillion Odisha data centre park

The Adani Group is set to deepen its presence in India's rapidly expanding data-centre industry as the proposal by one of its subsidiaries to develop a Rs 1.04 trillion integrated data-centre park has

Odisha tightens norms for Supplementary Budget for FY27 amid slow capex

The government has set a longer-term objective of transforming the state into a $500 billion economy by 2036

Aquapulse eyes threefold revenue growth, expands footprint in Andhra

The aquaculture firm plans to expand its farmer network to 10,000 and shrimp procurement to 5,000 tonnes as it deepens its presence across key producing regions

Odisha clears industrial projects worth Rs 2.47 trillion at one go

Data centres, AI and power projects dominate Odisha's record investment pipeline; 27 projects across 15 districts involving Rs 2.47 trillion are expected to generate 50,162 jobs

NTPC, Adani Power get nod for nuclear plant feasibility studies in Odisha

Odisha has approved feasibility studies by NTPC and Adani Power at several potential nuclear plant sites, including Deogarh, Balimela and Manjore; no plant has yet been sanctioned

Borosil Renewables targets ₹2,500 crore revenue as capacity rises 60%

The solar glass maker plans to add 600 tonnes per day through two new furnaces at its Bharuch plant, taking total production capacity to 1,600 TPD by Q1FY28

₹19,000 crore Talcher fertiliser project in Odisha turns a corner

The company's board has also sought a ₹3,508 crore financial incentive under the Ministry of Coal's newly launched surface coal gasification scheme, sources said

First under Samudra Manthan: ONGC strikes gas in Mahanadi offshore

ONGC on Monday announced that it made the discovery on September 18 at the MN-DW18-1-H-D well, which was drilled to a target depth of 1,623 metres

Industry seeks wider use of degraded forests for compensatory afforestation

Industry bodies want private projects in forest-rich states to undertake compensatory afforestation on twice the area of degraded forest when non-forest land is unavailable

India's first indigenous long-range attack drone KAL tested at Pokhran

The vehicle-launched drone has a range of 1,000 km, endurance of up to eight hours and a 50 kg payload capacity, and is designed for precision strikes on designated targets

RAPP-8 begins fuel loading, commercial operations targeted this fiscal

The 700 MWe indigenous pressurised heavy water reactor will next approach criticality and begin power generation before entering commercial operation in FY27 at Rawatbhata

Odisha unveils Silicon Valley, gets ₹23,600 cr semiconductor proposals

The proposed 870-acre Silicon Valley at Naraj will serve as a dedicated semiconductor, electronics and IT hub as Odisha seeks to build an integrated ecosystem

India's first vertically integrated SiC semiconductor unit nears production

RIR Power Electronics has installed key equipment at its Rs 618 crore Bhubaneswar facility, which is expected to begin operations within the next three months.