An agency report quoted Basant Poddar, Vice President of Federation of Indian Mineral Industries (FIMI) as saying that the use of low-grade iron ore by steel firms may raise the operational cost of these firms. On the back of acute shortage of iron ore in the country, steel firms are forced to use low-grade ore to run
Author: admin (Infratructure Today)
Post
Post
Use of low-grade ore raises cost of steel firms
An agency report quoted Basant Poddar, Vice President of Federation of Indian Mineral Industries (FIMI) as saying that the use of low-grade iron ore by steel firms may raise the operational cost of these firms. On the back of acute shortage of iron ore in the country, steel firms are forced to use low-grade ore to run
Post
OMCs may decide individually on diesel price change
Reports suggest that oil marketing companies (OMCs) may decide on hiking diesel prices individually as collective decision invites suspicion of cartelisation from the Competition Commission of India (CCI). In 2010, Reliance Industries had petitioned CCI, alleging the government OMCs acted as a cartel while pricing their aviation turbine fuel supply for Air India, on a te
Post
OMCs may decide individually on diesel price change
Reports suggest that oil marketing companies (OMCs) may decide on hiking diesel prices individually as collective decision invites suspicion of cartelisation from the Competition Commission of India (CCI). In 2010, Reliance Industries had petitioned CCI, alleging the government OMCs acted as a cartel while pricing their aviation turbine fuel supply for Air India, on a te
Post
OMCs post losses during Apr-Dec 2012 period
Even though state-run oil marketing companies (OMCs) announced profit during the quarter ending December 31, 2012, they posted losses on a nine-month period between Apr-Dec 2012. This is because the government did not make timely payment of subsidy amount to these firms (in the Apr-Jun 201
Post
OMCs post losses during Apr-Dec 2012 period
Even though state-run oil marketing companies (OMCs) announced profit during the quarter ending December 31, 2012, they posted losses on a nine-month period between Apr-Dec 2012. This is because the government did not make timely payment of subsidy amount to these firms (in the Apr-Jun 201
Post
KPT fails to attract EoI for terminal project
Even after extending the deadline for bidding, the Kandla Port Trust (KPT) has not received any response from private players for its proposed development of marine liquid terminal facilities. The port authority plans to engage a private party to set up the facilities consisting of single point mooring (SPM) and two product
Post
KPT fails to attract EoI for terminal project
Even after extending the deadline for bidding, the Kandla Port Trust (KPT) has not received any response from private players for its proposed development of marine liquid terminal facilities. The port authority plans to engage a private party to set up the facilities consisting of single point mooring (SPM) and two product
Post
Hapag-Lloyd, Zim change service route for India
Shipping lines like Hapag-Lloyd and Zim, the Israeli line announced changes in their service route to India. While the German container line Hapag-Lloyd proposes to expand its China-India service with the intro
Post
Hapag-Lloyd, Zim change service route for India
Shipping lines like Hapag-Lloyd and Zim, the Israeli line announced changes in their service route to India. While the German container line Hapag-Lloyd proposes to expand its China-India service with the intro