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TP Odisha Explains Additional Security Deposit on Power Bills

ASD is mandatory under law, linked to usage and refunded with interest, say DISCOMs Bhubaneswar: The Tata Power–run Odisha electricity distribution companies (TP Odisha DISCOMs) have clarified that the levy of Additional Security Deposit (ASD) on electricity bills is a legal and regulatory requirement. The companies said the provision is mandated under the Electricity Act,…

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Odisha Attracts ₹38,700 Crore Investment at Hyderabad Meet

Pharma, green energy, manufacturing sectors drive strong participation Bhubaneswar: The Odisha Investors’ Meet held in Hyderabad on Thursday received a strong response from industry leaders, with investment intent worth ₹38,700 crore recorded on the first day. These proposed investments are expected to create employment opportunities for more than 20,200 people across various sectors. The two-day…

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Centre Clears ₹1,298 Crore Fisheries Projects for Odisha Under PMMSY

Harbours, cold storage, fisher welfare and infrastructure get major boost Bhubaneswar: The Central Government has approved fisheries and aquaculture development projects worth ₹1,298.25 crore for Odisha under the Centrally Sponsored Scheme component of the Pradhan Mantri Matsya Sampada Yojana (PMMSY). The approval marks a major step towards strengthening the state’s fisheries sector, improving infrastructure, and…

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Odisha to Set Up ₹400 Crore Semiconductor Centre at IIIT Bhubaneswar

New Centre of Excellence to boost chip research, digital governance, and high-tech skills Bhubaneswar: Odisha has taken a major step towards becoming a centre for advanced technology and digital innovation. Chief Minister Mohan Charan Majhi has announced the establishment of a Centre of Excellence in Semiconductor Materials and Devices at the International Institute of Information…

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