Tuesday, February 27, 2007

Gujarat State budget 2007-08


Gujarat State budget for 2007-08 has some good news for the common man., which means reduction in power bills, registration charges for immovable property and stamp-duty, and simplified motor vehicle tax.

Electricity duty is reduced to 20% from 30 % for following category.

vegetable shop owners,
Xerox machine operators,
STD/PCO operators, tailors,
hair-cutting saloons,
laundry owners,
panshop owners,
groceries,
cutlery provision stores,
stationery,
toys,
hosiery,
book stall,
small shops of milk products,
cyber cafes,
internet service providers,
cable operators,
petrol pumps,
farsan shops,
water kiosks,
pathology laboratories,
godowns,
private blood banks and hospitals,
cemeteries,
private libraries...

Government also offers the stamp duty relief of Rs 126 crore by bringing it down from 5.95 % to 4.9 %.

Proposed motor vehicle is to do away with the present fuel-based classification of vehicles, this tax now will be on the sale price of vehicles, this will reduce the present 67 tax rates to 18.

Government plans to provide domestic piped natural gas to towns like Vapi, Valsad, Navsari, Sarigam, Nadiad, Chandkheda, Motera, Rajkot, Morbi, Ahmedabad, Anand, Mehsana and Himmatnagar.

CNG stations will be set up at 20 places on the State highways by 2008 including Vapi, Valsad, Navsari, Bharuch, Nadiad, Kalol, Mehsana, Chandkheda, Bamanbor, Morbi, Rajkot, Amreli, Jamnagar and Bhuj.

 

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Brip

Wednesday, February 21, 2007

Jamnagar - Chevron chief in town

Chevron Corp Chairman and Chief Executive David J o'Reilly is in Jamnagar to review the progress of Reliance Petroleum Ltd's 580,000 barrels per day refinery, where it has a 5 per cent stake, Chevron has future rights to purchase additional shares to increase its equity ownership to 29 per cent.
 
RPL currently operates a 660,000 barrels per day refinery in Jamnagar.
RPL plans to invest 6B USD in the new refinery, which is expected to begin operations in December 08.

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Brip

Jamnagar - Chevron and Bhatinda - Mittal


On Tuesday Luxembourg-based Mittal agreed to a 0.7 B USD stake in  Guru Gobind Singh Refinery Ltd. refinery, which has a capacity of 180,000 barrels per day. Under the deal Mittal will own 49 percent , HPCL will own 49 percent, and the rest will be offered to financial institutions.

The deal with Mittal comes amid speculation that Chevron will expand its stake in privately owned RPL's proposed 27 million-ton, 580,000 barrels-per-day export refinery in Jamnagar, from 5 percent to 29 percent.
 
The $6 billion refinery is expected to begin operations in late 2008.
 
Chevron and Reliance may also partner on the KG Basin`s D6 deep-sea gas block,  which is believed to hold 35 trillion cubic feet of reserves.
 
HPCL and Mittal are exploring overseas refining and marketing opportunities and are looking to bid for foreign oil and gas assets.

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Brip

Tuesday, February 20, 2007

Dwarka - Medieval age city found

Underwater wing of Archaeological Survey of India (ASI) has recovered some of the remains of medieval age city, off the coast of this pilgrim town Dwarka in the Jamnagar District.

Recent discovery has once again raised hopes of the discovery of Lord Krishna's legendary city of Dwarka that is reported to have submerged.

The recent excavation revealed a structure of stone blocks with post holes to fit wood, team found coins, pottery, pieces of bangles and toys.

The discovery is an important landmark as it set to rest the doubts expressed by historians about the very existence of the legendary Dwarka city, the third excavation began on January 1, 2007.

Current excavation would definitely help them reach some conclusion.
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Brip

Mehul Kumar summoned by Court

Film maker Mehul Kumar has been summoned by a court over dishonoured cheques.

Jayantilal Gada, Director of Popular Entertainment Network (PEN) has filed 12 criminal complaints against Kumar over bounced cheques for Rs 14.19 million , Bandra court in has issued 12 summons to Mehul Kumar.

PEN has accused the producer and director of films like Mrityudaata, Krantiveer, Lahoo Ke Do Rang and Kohram, of diverting the money borrowed from the company to set up a multiplex in Jamnagar, Gujarat, it was later agreed that Kumar would "peacefully" give possession of Mehul Multiplex in Jamnagar, before April 15, 2006 or he would raise a loan and pay back 90 per cent of the loan amount before February 28, 2006.



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Brip

Parsvnath Developers to build a Jamnagar Township

Parsvnath Developers Ltd will develop townships, group housing, commercial complexes, IT Parks amongst others at Ahmedabad, Bhavnagar, Rajkot, Vadodra, Surat, Jamnagar and other districts in Gujarat, company signed a MoU with Government of Gujarat for developing various projects at an investment of Rs 1600 crore over a period of 2-3 years.
 

The MOU between Parsvnath Developers Ltd (PDL) and Government of Gujarat (GOG) was singed. Mr. Ashim Gandhi, Vice President, (Gujarat and Strategic Planning) of Parsvnath Developers Ltd signed the MOU with Mr. K. Srinivas, Managing Director of GUDC at Ahmedabad in the presence of Chief Minister Narendra Modi.

The Government of Gujarat in the Vibrant Gujarat Urban Summit 2007 had invited investment from real estate developers to develop townships.


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Brip

Harappan site discovered at Jamnagar

A Harappan site has been discovered at Pithad village in Jodia taluka of Jamnagar district in Gujarat, experts says, could be as big as the Lothal site and had existed around 4,500 years back.

So far, the MSU excavation programme team has unearthed a huge wall, kilns to make clay utensils, and ovens to melt metal.
The study of configuration of the wall revealed the Harappan village was spread over about 11 hectares, site is located on a mound, locally known as Jedak Ni Tekri. There are over 300 Harappan civilsation sites in Saurashtra, which are called Sorath Harappan. 

Ajith Prasad, a reader with MSU says that its a huge wall which appears to have been constructed to protect the village. with 270 metre in length and 90 metre in width. The village was spread over the an area of 11 hectares.



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Brip

Tuesday, February 13, 2007

Mid Air collision averted by ATC

A mid-air collision between a passenger plane and chartered flight of reliance was averted on Tuesday afternoon near Rajkot.

Jet Airways flight with around 100 passengers was on its way to Rajkot from Mumbai, the pilot reported a plane flying at the same altitude. ATC had to instructed the pilot who flew down his plane and a mishap was avoided.

The chartered flight was going to Jamnagar from Mumbai and was hired by Reliance. 



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Brip

Budget approved for JMC


Rajkot and Jamnagar Municipal Corporations have approved budgets for the financial year 2007-08.

JMC had proposed new taxes to earn additional Rs 60 crore. However, the standing committee of the JMC has rejected the proposal of imposing new taxes. The committee has approved total budget of Rs 174.47 crore for the fiscal 2007-08.


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Brip

Petron Begs more order from Jamnagar and Nirma

Petron Engineering Construction bagged two orders for a total amount of Rs 100 million from Reliance Petroleum, Jamnagar
 
these orders are for electrical jobs in sulphur with an estimated value of Rs 55.7 million and electrical jobs in coker amounting Rs 44.3 million.
The company is engaged in construction and project engineering. Its plant is located in Vadodara.

The company on Dec. 15, 2006 received a letter of intent (LOI) from Nirma for fabrication and erection of validation project expansion and mechanical piping for LAB plant at Alindra, Baroda for a contract value of Rs 12.5 million.

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Brip

Fire broke at Essar Refinery

Essar Oil at Khambhalia Police Station in Jamnagar district, by the relative of a person who died in the fire which broke out in the pipeline of Vadinar terminal of the company on Feburary 1.

Ratakumar Mandal whose relative was one among four persons who died in the fire registered the complaint on Saturday, police said.

 
 
The complainant has said that four persons died and 18 were injured when they were working to repair the pipeline which was already leaking. Four labourers were killed and 16 others injured when a fire had broke out in a pipeline of Essar Oil's Vadinar terminal.

However, the fire was quickly doused by fire tenders of the company and the injured contract workers were rushed to hospital for treatment.

The fire has not affected the functioning of the refinery and it continued working normally as the pipeline where the fire broke out was far from the terminal.



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Brip

Fire in Essar oil refinery

Essar Oil is in trouble, a Compalint is filed at Khambhalia Police Station in Jamnagar district.
By the relative of a person who died in the fire which broke out in the pipeline of Vadinar terminal of the company on Feburary 1.
 
Ratakumar Mandal whose relative was one among four persons who died in the fire registered the complaint on Saturday. 
 
Four persons died and 18 were injured when they were working to repair the pipeline which was already leaking.
Four labourers were killed and 16 others injured when a fire had broke out in a pipeline of Essar Oil's Vadinar terminal.

 

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Brip

Do you know - Reliance Jamnagar Township

Nita Ambani was in-charge of Reliance Jamnagar Township construction and of-course for the Reliance greens, which produces best and highest quality of mangoes in Asia.

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Brip

Asiatic Lions will have new home


State Government has decided to introduce big cats to the region of Barda Hills lying between Porbandar and Jamnagar, this eliminates the possibility of shifting the Gir lion to Madhya Prades, Barda with the 192.35 sq km of undulating terrain is declared as Sanctury, but is yet to get its share of lion population.

As a preparation for this, breeding centre for antelopes and hare was started sometime ago.
The region already has a healthy population of blue bull and wild boar.

The minister said apart from Barda, the area between Savarkundla and Mahuva spread over 125 sq km too was being strengthened as a lion habitat.

Asiatic lion population is spread over 1450 sq km in the State, with the last census pegging the figure at 359.

 

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Brip

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