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Flood fear in central Bihar

-The Telegraph   Chief minister Nitish Kumar today conducted an aerial survey and National Disaster Response Force (NDRF) teams rushed to the central Bihar districts for rescue operations after over 8.39 lakh cusecs of water was suddenly released from the Vansagar dam in Madhya Pradesh. The water released from the MP-based dam has put enormous pressure on the Indrapuri Barrage in Rohtas and several places on the embankment along the river Sone. The...

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Hungry tide threatens state by Subhashish Mohanty

The next 72 hours will be crucial for the state as it battles to keep its head above rising floodwaters in the Mahanadi basin. Authorities kept an anxious watch on the situation today as Hirakud town was cut off from Sambalpur and the Pipli-Konark road was closed with several rivers still in spate. The government directed collectors of the 19 flood-hit districts to close down schools and colleges in the marooned...

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Talks with Posco on MoU renewal inconclusive

-The Business Standard   The road to renewal of Memorandum of Understanding (MoU) with Posco India seems to be bumpy with the officials of the steel firm and the Orissa government failing to reach a consensus even though the pact lapsed on June 21 last year. In the latest of their series of interactions with the state government, the Posco India officials on Wednesday met state Chief Secretary B K Patnaik and steel...

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Posco not to export iron ore, but swap ore within state

-The Business Standard   Even as Posco India is yet to submit a written response on the draft prepared for renewal of Memorandum of Understanding (MoU) with the Orissa government, the company is understood to have raised certain reservations over the omission of the iron ore swapping clause in the revised pact. While Posco has verbally agreed not to export iron ore from Orissa, the steel maker has requested the state government to...

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Posco MoU renewal under cloud of uncertainty

-The Business Standard   Steel maker yet to submit its written response. The renewal of Memorandum of Understanding (MoU) between the Orissa government and Posco India continues to be mired in uncertainty with the company yet to officially respond to the MoU renewal draft sent by the government one month back. The renewal of the pact for a 12 million tonne steel project in the state by the South Korean company that expired on...

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