Business Economy


Telangana's Singareni Seeks Odisha Support for Proposed Thermal Power Plant, Naini Mine Infra

Hyderabad, Oct 27 (UNI) Singareni Collieries Company Limited (SCCL) has sought Odisha government's support for land acquisition and infrastructure development for its proposed thermal power plant near the Naini coal mine, rehabilitation of displaced families and coal transportation facilities in Angul district (Odisha).
SCCL Chairman and Managing Director Buddhaprakash Jyoti met Angul District Collector Mohammad Abdaal Akhtar on Tuesday and discussed the land and other requirements for the proposed projects.
The Collector responded positively and assured necessary cooperation, the state-owned mining company said in a release.
The CMD sought suitable land for a rehabilitation and resettlement colony for 40 families displaced by the Naini coal mine and requested an early meeting of the Rehabilitation and Periphery Advisory Committee (RPDAC) to decide on the rehabilitation package and related land acquisition issues.
Singareni has identified land in Tukuda and Jarapada villages for the proposed thermal power plant and sought the district administration's assistance in acquiring it.
The company has already deposited Rs 35 crore towards a proposed bypass road connecting Chandipara and Jarapada villages to facilitate coal transportation from the Naini block to the nearby Jarapada railway junction.
The road could also serve other coal-producing industries, the company said.
The CMD also sought land for a Singareni office and staff colony in Odisha and requested support for constructing the Majhika bypass road to transport coal without inconveniencing local residents.
The company has offered to fund the land acquisition required for the road.
Earlier, the SCCL CMD and senior officials visited Jindal's coal gasification plant in Angul district and studied the process of producing gas from domestic coal and its use in steel manufacturing.
The team also discussed the feasibility of using coal from Singareni's closed underground mines for gasification and the incentives offered by the Central government.
Coal from Singareni's Naini mine is also supplied to the Jindal plant.
SCCL Directors Gowtam Potru and L.V. Suryanarayana, Executive Director (Coal Movement) B. Venkanna, General Manager (Coordination) T. Srinivas and other officials participated in the discussions and visit.
UNI KNR CDS
More News

REC declares interim dividend of Rs 3 50 per share for FY27

28 Oct 2026 | 1:22 PM

New Delhi, Oct 28 (UNI) State-owned REC Ltd has declared a second interim dividend of Rs 3.50 per equity share for the financial year 2026-27, the company said in a regulatory filing.

see more..

BharathCloud to recruit 500-plus employees, set up network operations centre in Hyderabad

27 Oct 2026 | 9:50 PM

Hyderabad, Oct 27 (UNI) Hyderabad-based BharathCloud, a sovereign AI cloud services provider, plans to recruit more than 500 employees and establish a Global Network Operations Centre (GNOC) as part of its expansion with a new office at Mindspace IT Park in HITEC City, the company said on Tuesday.

see more..

AM Green, JERA sign Ppact for annual supply of 70,000 tonnes of green ammonia to Japan

27 Oct 2026 | 9:01 PM

Hyderabad, Oct 27 (UNI) Hyderabad-based AM Green and Japan's JERA Co. have signed a binding heads of agreement for the long-term supply of around 70,000 tonnes of green ammonia annually for five years, supporting India's clean energy exports and the decarbonisation of maritime transport.

see more..

Telangana's Singareni Seeks Odisha Support for Proposed Thermal Power Plant, Naini Mine Infra

27 Oct 2026 | 8:49 PM

Hyderabad, Oct 27 (UNI) Singareni Collieries Company Limited (SCCL) has sought Odisha government's support for land acquisition and infrastructure development for its proposed thermal power plant near the Naini coal mine, rehabilitation of displaced families and coal transportation facilities in Angul district (Odisha).

see more..

Tata Motors completes takeover of Italian truckmaker Iveco

27 Oct 2026 | 7:30 PM

Mumbai, Oct 27 (UNI) Tata Motors Ltd officially informed the stock exchange here on Tuesday that it secured nearly 88 per cent of the shares of Italian truckmaker Iveco.

see more..