Jamnagar - Reliance Retail Rocks

Reliance Retail will launch its first hypermarket in March in Ahmedabad.

Its hypermarkets, will be called Reliance Mart, will house boutique hotels. Of the company's 1,500 hypermarkets, 30 will come up in Gujarat.

The first hypermarket, earlier scheduled for December at Iscon Mega Mall near SG Highway in the city, will now roll out in the first quarter of next year.

Parimal Nathwani, group president, corporate affairs, Reliance Retail, said: "Our first hypermarket is scheduled to be launched in March on SG Highway."

Sources added that Reliance Retail has purchased 2 lakh sq ft at Iskon Mall in Ahmedabad for Rs 9 crore. The company has paid Rs 7 crore as stamp duty, the highest paid by any construction firm in the state, sources added.

"The refinery in Moti Khawadi is spread over 5 lakh sq ft and will house a hotel and multiplex. The company has roped in foreign architects for this project," a realtor from Jamnagar said.

Besides, Reliance will open retail outlets in Jamnagar, Rajkot, Surat and Bhavnagar as well, sources said. Reliance has also leased 1.25 lakh sq ft at a shopping location in Greater Noida.

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Brip

Jamnagar - Essar begs 1000 MW Plant

Essar Power has finally bagged a power project from the Gujarat government after a long bidding process.

The project estimated at Rs 40 billion, essentially envisages a 1,000 MW imported coal based power project in Jamnagar.

 

Essar Power had quoted Rs 2.40 per unit as the lowest bid for the power project as against China Light & Power Hong Kong, Tata Power, Torrent Power who were also in the race.

Recently, the appellate electricity tribunal set aside the Central Electricity Regulatory Commission`s (CERC) order prohibiting Essar Power from selling electricity to trading companies and entering into pacts with distribution companies directly for its 1,500 MW project in Gujarat.

Essar, which is likely to commission 750 MW capacity by April 2007, had entered into a memorandum of understanding (MoU) with PTC in August 2004, under which it agreed to sell the entire power to the trading company for 25 years. PTC, in turn, was to sell the electricity to state utilities.


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Brip

Jamnagar - 1K MW RIL Power plant

Reliance Industries (RIL) is planning to set up India's first integrated gasification combined cycle (IGCC) plant in Jamnagar at an investment outlay of Rs 10,000 crore.

 

RIL will use petcoke, a refinery residue which is usually blended with coal to be used as fuel for power plants.

 

The IGCC technology would provide for the petcoke to be gasified before it can be used to produce heat and electricity, fertilisers, hydrogen and petrochemicals this powerplant will generate at least 1,000 mw

 

The increased power capacity will be utilized by RIL to meet its increased requirement, and also by other players setting shop within the RIL SEZ.


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Brip

Privatisation of Drinking Water System

THE BJP government in Gujarat has, it seems, decided to privatise the drinking water distribution system in entire Gujarat. 

 

In fact, all the concerned officials and others have been alerted to remain prepared for it. They want to keep the people in dark on this issue and suddenly embark upon water supply privatisation silently. 

 

Four main districts selected for such sudden introduction of water privatisation are Bhavnagar, Jamnagar, Surat and Kutch.

  

Drinking water distributions privatisation is being suddenly taken up in the background of the idea of developing a total of 33 special economic zones (SEZs), 8 of which have already been sanctioned.

 

One of these SEZs to come into existence will be in Jamnagar with its hinterland, covering ten thousand acres, under the joint tutelage of Reliance and a giant multinational. One so-called Gujarat Water Infrastructure Development Company (GWIDC) had prepared a proposal and plan for Maliya Kutch area, for water distribution from Bhachau (Kutch) to Maliya. The people's guess is that the said proposal has already been sanctioned.

 

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Brip

Crude found from water well

it seems Jamnagar has something to do with Crude and Petrol,

 

Farmers of Thavaria and Moda village , which are 20kms from Jamnagar reported Crude oil is coming out of water well in their farms, nearby villages like Alia bada, Moda , theba etc do have reported the same incident.

 

This oil is supposed to come from a leakage in I.O.C pipeline near this farms, however Regional I.O.C. officers declined this assumption, which leads to a theory that there is crude oil deposit beneath this wells ( and that also can be extracted from normal water table level ) :)

 

It would be ideal to send the Oil to Laboratory and analyse the results

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Brip

Jamnagar - Judge terminated

8 Fast Track Judges were terminated by State Law yesterday,

This includes Chetnaben Shah ( Jamnagar Judge - Fast Track court) , along with her Upleta, Rajkot, Kutch, Godra and Nadiad judges were also Terminated from service

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Brip

Jamnagar Refinery Glares embresses Iran

As Iran is planning a massive expansion of its refining infrastructure, it called on India's No 1 private sector company Reliance Industries (RIL) to set up a greenfield refinery complex and a gas-to-liquid (GTL) plant in the country.

Iranian delegation had a meeting with Reliance international operations president Atul Chandra. RIL , whol also operates a 33 mmtpa (metric million tonnes per annum) refinery in Jamnagar, is in process of setting up another 27 mmtpa refinery through its subsidiary Reliance Petroleum.

 

Iran is the second largest importer of gasoline (over 40% of its total consumption) due to refining capacity constraints.

A high level delegation from Iran led by the energy department head had visited India last month. Members of the delegation held meetings with Reliance officials to discuss the proposal. M Marvi, head of energy department, technology co-operation office, said that "We have discussed the proposal to set up a refinery complex and a gas to liquid plant with RIL. Their response was encouraging."  When asked about the capacity of the proposed refinery, Mr Marvi said, "It would be capable of processing at least one lakh barrels of crude oil per day."

Gas derived liquids being free from sulphur, aromatics and metals will help the refineries in meeting new guidelines for cleaner fuels and environmental standards.

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Brip

72yr old dies after son hits him with plank

A 72 year-old man succumbed to head injuries allegedly sustained when he was attacked by his son with a wooden plank on December 14, at the Rajkot Civil Hospital on Wednesday. His son, Vikramsinh Jadeja is absconding. His son beat up his father, Ghelubha, following a dispute over some property at their home in Balva village in Jamnagar's Jamjodhpur.   Vikramsinh had recieved 10 bigha land from his father, but wanted an additional 2.5 bigha from the land his father had kept for himself and his wife. Nanduba, Ghelubha's wife, told police that her husband had given their two sons 10 bigha of land each, from their total property of 25 bigha, and had reserved five for himself. The couple has two sons and a daughter.   Their younger son Vikramshinh had been pressurising his father to allot him 2.5 bigha more, she says. Father and son had had a heated exchange about the issue on December 14, after which Vikramsinh attacked his father with the plank.

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Brip

NRG To Invest In Jamnagar

The unprecedented interest shown by NRGs in realty back home, has real estate developers even in dusty Saurashtra towns of Rajkot and Jamnagar not just designing exclusive schemes but also opening up overseas marketing offices to woo deep-pocketed diaspora.

 

"Given the large number of queries we have been receiving from NRGs, we decided to launch exclusive housing schemes in upmarket areas,"

explains Kishore Kotecha of Rajkot-based DK Group, who has conceptualised 'NRGs only' schemes in Jamnagar and Rajkot.  

 

 

While Kotecha, who has marketing offices in Middlesex and Leicester, claims the Rajkot scheme is already 'house full', the Jamnagar one is booked over 50 per cent.

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Brip

ADAG - Saurashtra Entertainment Industry is new Target

Anil Dhirubhai Ambani Group (ADAG) venture Adlabs Films Limited (AFL) has bought a closed cinema hall -– 'Dharam Cinema' -- of Rajkot for a price tag of Rs 7 crore, the group said on Wednesday. 

With this purchase of closed cinema hall in Rajkot, which remained non-operational for four years, the ADAG group has marked its presence across the vertical and horizontal entertainment landscape of the Saurashtra-Kutch region after its presence at Jamnagar and Gandhidham, Saurashtra-Kutch region with their spending power, he added. 

Company plans a retail venture on the ground floor of this property and three screen multiplex on its upper floor. 

The purchase of the Rajkot-based cinema hall is the third such addition to the ADAG-AFL venture in the entertainment space of Saurashtra after the group bought one such multiplex — Mehul Cinemax in Jamnagar, owned by cinema director and producer Mehul Kumar and another multiplex —Madhuban 3 Go of Gandhidham. 

ADAG and AFL have envisaged the blueprint of establishing a chain of 55 screens across 13 multiplexes in the country this fiscal and Dharam cinema hall's purchase is part of the same agenda, said an eminent figure from the entertainment sector of Rajkot. 

Dharam cinema is a prime property sprawling over 2,200 square yards and is located in the heart of Rajkot. The company plans to open two retail outlets in the ground floor and three multiplex screens in the purchased property at Rajkot. 

ADAG-AFL venture purchases prime properties for their entertainment venture and a few too, which includes Rajkot deal too.Yet no clear-cut format of operating the Rajkot-based project has been chalked out by the company, as the Jamnagar's Mehul Cinemax property purchased by the company runs on a partnership model and Gandhidham's Madhuban 3 Go property is a leased property. 

Source from ADAG-AFL venture also speculated that the property purchased at Rajkot will serve as the platform for the FM venture of the company The Big 92.7 FM, for which Rajkot has also been short-listed and requires manpower has also been recruited for the said project, as the company plans to strategically strengthen its presence in the FM Radio space of the nation by plugging its FM circuit on IP (Internet Protocol) Network across the 45 cities of country. 

 

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Brip