Gujarat NRE To Invest Rs 300 Cr In Gujarat Over 4 Years

Gujarat NRE To Invest Rs 300 Cr In Gujarat Over 4 YearsAt the Vibrant Global Investers Summit 2009, Ahmedabad, Gujarat NRE Coke Ltd, country’s largest independent coke producer, announced that it is all set to invest around Rs 300 crores in Gujarat over the next 4 to 5 years.

The metallurgical coke producer said that it will invest Rs 12 billion in a 200 megawatt (MW) wind power project and Rs 10 billion in a 200 MW thermal power plant.

Gujarat NRE would also invest Rs 5 billion on adding additional capacity at its coke and coal preparatory plants and Rs 3 billion on a 60 MW heat-based power plant.

Binani Cement To Raise Production By 2011-12

Binani Cement To Raise Production By 2011-12Binani Cement Ltd has decided to make an investment of more than Rs 900 crore for establishing greenfield plants both in India as well as abroad to raise its overall production capacity to 15 million tonnes by the next three years (2011-12).

The company plans to invest around Rs 800 crore on the construction of a new plant in Gujarat, which would have an installed production capacity of about 2.5 million tonnes.

Moreover, the company is also eyeing a unit in Mauritius with a proposed capacity of two million tonnes.

Satyam scam prompts Advani to call for ethics in business

Satyam LogoAhmedabad (Gujarat), Jan. 10 : Senior Bharatiya Janata Party (BJP) leader and the party''s prime ministerial candidate in the forthcoming general elections this year, L. K. Advani, on Saturday said ethics and values are inseparable elements of every business.

Advani was speaking at the global summit of the Jain International Trade Organization (JITO).

Commenting on the financial fraud of IT major Satyam Computer Services, he said business without ethics is a sin.

Uttarayan brings people together in Gujarat

GujaratAhmedabad, Jan. 8 : Uttarayan or Makar Sankranti is one of the biggest Hindu festivals celebrated in Gujarat. A large number of people here mark it as a kite festival, in which people from all communities participate.

These kites are chiefly made by members of the Muslim community. Ahead of the festival, there is usually high demand for kites that are made available in the in attractive hues and sizes in the markets.

Many Gujaratis believe that Uttarayan festival is not just about an occasion when people fly kites but it is a time which also promotes and strengthens harmony among Hindus and Muslims in communally sensitive State.

Gujarat announces solar power policy'09

Gujarat announces solar power policy'09Gujarat government has announced a new solar power policy for state to promote solar power generation as an alternative source of energy. The government would extend financial help to set up solar power units in the state and offer solar power generators (SPGs) at subsidized prices.

Modi demands a military air base in Gujarat

Narendra ModiNarabet (Gujarat), Jan. 3 :Gujarat Chief Minister Narendra Modi has said that his state, which shares its border with Pakistan, needs a strategic airbase for security reasons.

After meeting Border Security personnel at the Narabet check post along the India-Pakistan border and reviewing security arrangements, Modi said he would urge the UPA Government at the Center to focus on developing more strategic airbases in the state.