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Odisha

Pinaka rockets test-fired successfully

India’s Multi-Barrel Rocket Launcher (MBRL)–Pinaka rockets, capable of decimating hostile targets at 40kms-range with rapid salvos, successfully test- fired thrice at an armament base in Chandipur, Odisha. The rockets, which have been subjected to several tough tests since 1995, have been already inducted into the armed forces and the current trials were performed with some improvements in the weapon system. Three rounds of Pinaka rockets were successfully tested from the Proof and eXperimental Establishment (PXE) at Chandipur.

Indigenously developed by DRDO, Pinaka is an unguided rocket system meant to neutralise large areas with rapid salvos. With a battery of 6 launchers, the system can fire a salvo of 12 rockets in 44 seconds and neutralise a target area of 3.9 sq km. It gives an edge to the army with its quick reaction time and high rate of fire, thus, supplementing artillery guns.

DRDO successfully test-fired Akash supersonic missiles

Akash air defence missiles were test-fired successfully by Defence Research and Developmet Organization (DRDO) off the coast of Balasore in Odisha. Three Akash missiles were fired from the Integrated Test Range (ITR) at Chandipur (Odisha), on tow body target of Lakshya Pilotless Target Aircraft (PTA) moving at “low altitude for boundary” and ripple mode missions. The missiles were successfully guided by multi-function phased array radar developed by Electronics and Radar Development Establishment, a DRDO Lab and produced by Bharat Electronics Ltd (BEL).

Naveen Patnaik takes oath as fourth time CM in Odisha

Naveen Patnaik was sworn-in as Chief Minister of Odisha for the fourth term in a row. Mr. Patnaik was administered the oath of office and secrecy by Governor S.C. Jamir.

It was in 2005 when Mr. Patnaik, head of Biju Janata Dal (BJD), became the CM for the first time when the BJD-BJP alliance came to power defeating the Congress.

Mr. Patnaik continued his second term from 2004 to 2009 when the BJD separated itself from the BJP and contested the elections by having seat sharing arrangements with Communist Party of India, Communist Party of India (Marxist) and Nationalist Congress Party.

Adani Ports buys Dhamra Port of Odisha

Adani Ports and Special Economic Zone acquired the strategic Dhamra port in Odisha on the east coast of India for an enterprise value of Rs 5, 500 crore. The company inked a definitive pact to acquire the port from a 50:50 joint venture of Tata Steel and Larsen & Toubro. After the 2005 acquisition of Pipapav Port in Gujarat by APM Terminals BV from SKIL Infrastructure, the Dhamra deal is the largest port sector deal in India.

Dhamra Port:

Dharma Port - Odisha1Dhamra port is one of the deepest ports on the eastern coast of India. It was granted the rights by the Odisha government in 2004 to develop and operate for 30 years. The port is considered strategic as it is located to serve the mineral belt of the eastern states and in between competitors and government-controlled Haldia and Paradip ports.

Adani Ports and SEZ:
Gautam Adani-led Adani Ports and SEZ is listed on Bombay Stock Exchange (BSE) and is 75% owned by Adani Enterprises, the flagship of Adani group. The company owns and operates 5 ports, of which three— Dahej, Hazira and Mundra—are in Gujarat. Dhamra port will help the company enhance its capacity to over 200 million tonne by 2020, making it a leader among private sector port operators in the country. Adani’s family firm also operates a coal loading terminal at Abbot Point in Queensland in Australia.

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