Published on Tue, Nov 11, 2008 at 08:47 | Source : Business Line
Updated at Tue, Nov 11, 2008 at 09:06
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East Coast Energy secures nod for Rs 600-cr jetty
East Coast Energy Ltd, now in the process of securing clearances for a 2,640 MW coal-based plant near Bhavanapadu in Srikakulum district of the State, has received nod to create a Rs 600-crore jetty to meet the fuel evacuation needs.
The State Government staff will get additional dearness allowance at the rate of 6.59 per cent which works out to cumulative rate of 42 per cent of basic pay with effect from July 1, 2008. This entails a total financial commitment of Rs. 847 crore per annum and benefit over 13.45 lakh staff.
In another decision, the cabinet approved additional payment for beedi leaf collectors during 2008 season onwards.
HIKES PROJECT COST
The Government today approved increase in cost of the Pranhitha-Chevella lift irrigation project from Rs 34,860 crore to Rs 38,500 crore by adding another 4.2 lakh acres to the earlier planned 12.2 lakh acres to be brought under cultivation.
WORLD BANK LOAN
The Cabinet today accorded permission to seek World Bank loan of Rs 1,000 crore to meet additional requirements for Society for Elimination of Poor, whose mandate is to empower women self help groups.