Daily Archives: April 10, 2012

McNally Bharat bags order Rs 1.5 bn from Bhushan Power & Steel

McNally Bharat Engineering Company announced Tuesday it has received an order worth Rs 1.5 billion from Bhushan Power & Steel, Rengali, Sambalpur, Orissa.

For supply of equipments (shop manufactured mechanical items) and technological structures, detail design, engineering (mechanical), erection and construction of civil, structural & mechanical work of the recovery coke oven plant & by product plant of Bhushan Power & Steel.

Shares of the company gained Rs 2.05, or 2.11%, to trade at Rs 99.05. The total volume of shares traded was 18,227 at the BSE (10.26 a.m., Tuesday).

‘UN’s forest protection scheme fails miserably’

The State Government had received `2 crore under the United Nations Development Programme (UNDP) through the Ministry of Forest and Environment to execute self-employment schemes for forest-dwellers in protecting reserve forests from timber smugglers with support of the local people.

The programme was implemented in the Brahmapur Forest Division at Brahmapur, Sambalpur Forest Division at Sambalpur and Khurda Forest Division at Banpurt in the year 2008-09.

Sources said training and exposure visit programmes, construction of reservoirs, wells etc were carried out and also seeds were supplied for agriculture besides many other programmes taken up for the people. But due to drafting of impractical scheme, it failed miserably, the sources alleged.

Stating that the people of the concerned localities could not stop timber smuggling, the sources informed that even though they were aware about many incidents of smuggling, they would not inform about it to the Forest department as they were benefited by the smugglers.

Though the Forest department is claiming success in the programme, the objective of the programme was a casualty, the sources said.

The sources found that during the last two years, the Forest department seized many timbers from smugglers from the project areas and the seizures are worth about `15 crore while the timbers that could not be seized may be worth about `50 crore.

Decks cleared for Angul bus terminal

Milan Developers and Builders has bagged the contract to develop the bus terminal at Angul on a 9.72 acre land.

The company will will spend Rs 56.31 crore to develop the terminal and it will pay a concession fee of Rs 7.50 crore to the government. Of the total amount, Rs 13.95 crore will be spent on the terminal and Rs 42.36 crore will be spent to create the commercial facility.

While the bus terminal will be use up 5.83 acre land, the commercial component will come up on the rest of 3.89 acre. Notably, the government had decided to develop 27 bus stands in phases in 2008. In the first phase, terminals at Cuttack, Dhenkanal, Angul and Sambalpur were to be developed but the project got delayed due to recession.

High temperature makes life uneasy

The city recorded 38 degree Celsius on Monday sending a clear message that summer is going to be very hot. “It was too hot to come out of the house after 10 am today. The hot wind is making it very difficult to drive a motorcycle,” said Bikas Swain, a company executive, who had tied a handkerchief over his head to escape the heat.

“Summer is yet to peak. The heat hasn’t set in yet,” said an officer at the local meterological department. “People may be complaining about the hot conditions but there was nothing unusual in the weather as reflected by the temperature in the past few days,” he said.

Weather officials said temperature starts to peak in the second half of April. “In Bhubaneswar, summer is on a high from second half of April to mid-May. But the summer is yet to set in with temperature hovering around 38 degrees Celsius,” said duty officer A Naik.

Met sources also added that the temperature in the afternoon is not very high because of the wind and formation of thunder clouds in some parts of the state. However, places like Angul, Talcher, Sambalpur and Titlagarh have recorded temperature above 40 degree Celsius in the last few days.

But people “We are feeling uneasy during the day because of the scorching heat. Even the evenings are quite unpleasant in Bhubaneswar due to the heavy wind. We are loitering outside home till late in the night,” said Saswati Tripathy of Sastri Nagar.