Karnataka approves projects worth Rs 13k cr amid Covid-19 second wave
ECONOMY & POLICY

Karnataka approves projects worth Rs 13k cr amid Covid-19 second wave

The Karnataka government has cleared projects worth Rs 13,175 crore across the state amid the Covid-19 pandemic, with a JSW liquid oxygen production project being one of the prominent one.

The generation of liquid oxygen by Jindal Steel Works (JSW) is a prominent project which includes a major investment.

At a time, when JSW was the single biggest source of medical oxygen in the state, nearly 440 million tonne (mt) at full extent, an added facility is expected to help Karnataka in the long run and add to the capability of the steel manufacturing major.

The project, sub-leased from JSW steel Ltd will be performed by a subsidiary of its under the name of JSW Techno Projects Management Ltd at Rs 892 crore in Toranagallu, Ballari.

Another important project which obtained approval from the state high level clearance committee (SHLCC) was that of a single unit complex of Indian Oil Corporation Ltd (IOCL) in Chitradurga for accommodation and dispatch of petroleum on a 130-acre land parcel.

Apart from this, the government also sanctioned a major real estate construction of an integrated township at Yelahanka on a land parcel of 211 acre, which will be constructed by Rasasri Tech Park Ltd.

Overall, the government sanctioned 10 projects in the state with three of them being in rural Bengaluru and one in urban districts of Bengaluru. In total, the projects are spread over seven districts.

Image Source


Also read: Property registrations across Karnataka halted as state announces lockdown

Also read: Bengaluru Metro Rail Corp extends Metro Airport line tender due to lockdown

The Karnataka government has cleared projects worth Rs 13,175 crore across the state amid the Covid-19 pandemic, with a JSW liquid oxygen production project being one of the prominent one. The generation of liquid oxygen by Jindal Steel Works (JSW) is a prominent project which includes a major investment. At a time, when JSW was the single biggest source of medical oxygen in the state, nearly 440 million tonne (mt) at full extent, an added facility is expected to help Karnataka in the long run and add to the capability of the steel manufacturing major. The project, sub-leased from JSW steel Ltd will be performed by a subsidiary of its under the name of JSW Techno Projects Management Ltd at Rs 892 crore in Toranagallu, Ballari. Another important project which obtained approval from the state high level clearance committee (SHLCC) was that of a single unit complex of Indian Oil Corporation Ltd (IOCL) in Chitradurga for accommodation and dispatch of petroleum on a 130-acre land parcel. Apart from this, the government also sanctioned a major real estate construction of an integrated township at Yelahanka on a land parcel of 211 acre, which will be constructed by Rasasri Tech Park Ltd. Overall, the government sanctioned 10 projects in the state with three of them being in rural Bengaluru and one in urban districts of Bengaluru. In total, the projects are spread over seven districts. Image Source Also read: Property registrations across Karnataka halted as state announces lockdown Also read: Bengaluru Metro Rail Corp extends Metro Airport line tender due to lockdown

Next Story
Infrastructure Transport

Anand Vihar and Punjabi Bagh Flyovers Ready

Work on two major road infrastructure projects, the Anand Vihar flyover and the Punjabi Bagh flyover, has been completed but are yet to be opened for public use, according to officials. Located in highly congested areas, work on these projects started around two years ago. "The work on the flyover is complete and it is ready for opening," said a PWD official on Wednesday. According to sources, both the flyovers are likely to be inaugurated closer to the assembly elections in Delhi, scheduled for early next year. During the time the work was under way, motorists faced heavy traffic congestion ..

Next Story
Infrastructure Transport

RDSO finalise oscillation trials on Indore Metro

Indore Metro Phase 1 advances with the completion of oscillation and brake performance trials on the Yellow Line through three coaches manufactured by Alstom conducted by Research Design and Standards Organisation (RDSO). The oscillation trials were conducted with an aim to evaluate the stability and performance of the three different coaches during the movement, ensuring that the commencement of operation on Indore metro meets the safety and performance standard. The Emergency Braking Distance (EBD) was also reviewed by the RDSO team to evaluate the efficient stopping of trains during the op..

Next Story
Infrastructure Urban

IIT Guwahati develops sustainable geopolymer

A research team at the Indian Institute of Technology Guwahati, led by Prof. Anil K. Mishra from the Department of Civil Engineering, has developed an innovative solution to two major global challenges: industrial waste management and sustainable construction. Their research focuses on creating a geopolymer using industrial byproducts and waste materials, such as water treatment sludge (WTS), fly ash (FA), and ground granulated blast furnace slag (GGBS). “With the rapid pace of urbanisation and industrialisation, managing industrial waste has become a critical global issue," said IIT Guwaha..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000