Indian Metals & Ferro Alloys Acquires Tata Steel’s Odisha Ferro Alloys Plant

Company Approves ₹610-Crore Deal, Reports Q2 Results, and Declares Interim Dividend Bhubaneswar : Indian Metals & Ferro Alloys (IMFA) on Tuesday announced that it will acquire Tata Steel’s ferro alloys plant located in Odisha, marking a major expansion move for the company’s core business. The decision was approved during the board meeting held on November…

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Jio Strengthens Market Leadership in Odisha with Record Subscriber Growth

Adds 1.96 lakh new users in September, expanding 4G and 5G dominance across the state Bhubaneswar: Reliance Jio has reinforced its position as the most preferred digital service provider in Odisha, achieving yet another milestone in subscriber growth and network expansion. According to the latest telecom subscription data released by the Telecom Regulatory Authority of…

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OPGC Suffers ₹3,452 Crore Loss Due to Repeated Shutdowns and Poor Maintenance

Jharsuguda-based power corporation records 9,864 million unit production shortfall over five years Bhubaneswar : Odisha Power Generation Corporation (OPGC), located at Banharipali in Jharsuguda district, has suffered a staggering loss of ₹3,452 crore due to operational inefficiencies and frequent plant shutdowns. Between April 2020 and September 2025, the state-run thermal power producer recorded a cumulative…

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India Launches 14th Round of Commercial Coal Mine Auctions with Focus on Underground Gasification

Ministry of Coal introduces underground coal gasification for the first time to boost energy security and sustainability Bhubaneswar : In a major move to strengthen India’s energy security and promote sustainable coal utilisation, the Ministry of Coal launched the 14th round of Commercial Coal Mine Auctions in New Delhi on December 29, 2025. A total…

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NTPC Green Energy Expands Wind Capacity, Partners with Paradip Port for Green Hydrogen Projects

MoU marks NTPC’s major push into low-carbon energy and maritime decarbonisation Bhubaneswar : In a major stride toward clean energy transformation, NTPC Green Energy Ltd (NGEL), a wholly owned subsidiary of NTPC Ltd, has strengthened its renewable energy portfolio by commissioning new wind capacity and signing a landmark agreement with the Paradip Port Authority to…

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OSL Group to Invest ₹200 Crore in Multiplex Project at Paradip as Odisha Sees ₹1.06 Lakh Crore Port-Linked Investments

Paradip emerges as a key hub for maritime and industrial growth under India Maritime Week 2025 Bhubaneswar: In a major boost to Odisha’s infrastructure and entertainment sector, the OSL Group (Odisha Stevedores Limited) is set to invest ₹200 crore to develop a state-of-the-art multiplex complex in Paradip. The announcement came during the second day of…

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Odisha Charts Course for a Port-Led Economic Transformation: CM Majhi at India Maritime Week 2025

State aims to become India’s Eastern Maritime Gateway with ₹70,000 crore port projects and global partnerships Bhubaneswar : Odisha is steering toward a new era of maritime-driven economic growth, firmly positioning itself as a key player in India’s coastal and industrial development. “Odisha is committed to building a strong port-led and port-based economy and will…

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Prohibitory Orders Clamped in Dhinkia Amid Rising Tension Over JSW Project

District administration imposes restrictions under Section 163 of BNSS to prevent clash between rival groups Bhubaneswar : Amid renewed tension over the proposed JSW steel project in Dhinkia, the Jagatsinghpur district administration has imposed prohibitory orders under Section 163 of the Bharatiya Nagarik Suraksha Sanhita (BNSS) for one month. The restrictions have been enforced at…

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JSW Steel Eyes Paradip for Major Expansion to Reach 50-Million-Tonne Capacity by 2030

Port-based infrastructure and cost efficiency make Odisha a strong contender for next steel plant Bhubaneswar : Paradip in Odisha has emerged as a frontrunner for JSW Steel’s next major expansion project as the company moves closer to its ambitious goal of achieving 50 million tonnes (mt) of steel production capacity within this decade. The Sajjan…

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