JSW Ispat Steel is the second largest steel company in the country with a capacity of 14.3 million tonne per annum. The company became the second largest steel producer following the merger of Sajjan Jindal-led JSW Steel with JSW Ispat (formerly Ispat Industries). JSW Steel acquired Ispat Industries from the Mittals in December 2010 for Rs 2,160 crore.
Author: admin (Infratructure Today)
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Contractual opportunities in iron ore segment
The increasing capacity of steel production in the country coupled with ban on illegal mining in some of the states have caused shortage of iron ore in the country. In this backdrop, several companies are looking to hire contractors for activities related to mining and supply of iron ore.
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JNPT loaded 4.32 mn standard containers
Jawaharlal Nehru Port (JNPT) loaded 4.32 million standard containers from three separate container terminals in 2011-12. Out of this, Gateway Terminals handled 1.89 million standard containers. Gateway is the biggest of the three container loading facilities by volume operating at JN port.
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PPT plans to expand cargo handling capacity
Paradip Port Trust (PPT) plans to expand its cargo handling capacity to 237 million tonne by the year ending 2020 in order to cater to the increase in EXIM trade. PPT is one of the major ports of India serving the eastern and central parts of the country.
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RBI allows loan recast for mining firms
Agency reports suggest that Reserve Bank of India (RBI) said it does not have any objection for banks restructuring the loan of the mining industry in Goa if they are based on the prescribed guidelines.Ban on mining in the state affected around 22,000 trucks and 400-odd ships in the state transporting ore from different parts of Goa to
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Sreedharan asks Gujarat govt to rethink metro rail project
India's Metro Man E Sreedharan suggested Gujarat government to rethink its approach to the Ahmedabad-Gandhinagar metro rail project. Speaking at MS University's 61st annual convocation in Vadodara, Sreedharan said Gujarat has lost the chance to get funding from Japanese government for the project. Sreedharan, who was the former managing director of Delhi
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Govt to offload stake in NMDC, OIL, NTPC
Reports suggest that government may offload its 10 percent stake in National Mineral Development Corporation (NMDC) before December 15.The NMDC issue may be followed by Oil India (OIL) and then National Thermal Power Corporation (NTPC), reports suggest. Besides, government also plans to offload some of its st
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Jharkhand seeks Rs 25 cr from Centre for airport work
To promote tourism in its hilly Pithoragarh district, the Uttarakhand government is seeking a special plan assistance (SPA) of Rs 25 crore from the Centre for the expansion and modernisation of Naini-Saini airport in the district.
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ONGC develops 2 projects
Oil And Natural Gas Corporation (ONGC) currently has two projects under development namely Carabobo 1, in Venezuela, which is likely to commence early production by end of 2012-13 and Blocks A1 & A3 in Myanmar, which are likely to commence production in July 2013.
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ONGC develops 2 projects
Oil And Natural Gas Corporation (ONGC) currently has two projects under development namely Carabobo 1, in Venezuela, which is likely to commence early production by end of 2012-13 and Blocks A1 & A3 in Myanmar, which are likely to commence production in July 2013.