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Author: admin (Infratructure Today)

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AP’s domestic airports ask for CISF security

AP’s domestic airports ask for CISF security

With bare minimum security cover for domestic airports, sometimes as low as 15 security personnel for each airport, they are virtually sittings ducks in case of a terrorist attack. As the security at some domestic airports in the state is not foolproof, the Andhra Pradesh police have requested the Union government to provide Central Industrial Security Force (CISF) cover, a case in point being the recent terror strike at Dilsukhnagar.

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Tata Steel posts best output, sales performance in FY13

Tata Steel posts best output, sales performance in FY13

Production of hot metal and crude steel by Tata Steel expanded 14 per cent to 8.85 million tonne (mn t) and 8.13 mn t during 2012-13, the company said in a press release. During the year, the firm achieved 14 percent growth in the output of saleable steel at 7.94 mn t. The company posted 13 per cent growth in sales at 7.48 mn t

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RSP to complete expansion, modernisation project

RSP to complete expansion, modernisation project

Rourkela Steel Plant (RSP) may be able to increase its steel output as it is almost completing the Rs 12,000 crore expansion project, which would double its production capacity from 2 mn t to 4.5 mn tpa (million tonne per annum) of hot metal. The project would also increase its crude steel and saleable steel capacity. The company is also expected to commission the new 4,060 cubic metre blast furnace, large

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Tata Steel expects demand to expand 6-8 % in FY14

Tata Steel expects demand to expand 6-8 % in FY14

Agency reports indicate that Tata Steel expects the country's demand for steel to grow 6-8 per cent in 2013-14 assuming the economy to expand 6 per cent. The company expects major steel consuming sectors to grow well in the ongoing fiscal year, unlike last year when the growth was

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Iron ore price expected to be weak

Iron ore price expected to be weak

Some industry watchers expect the price of iron ore in the global market to remain weak in the coming months after rising during Jan-Mar 2013. Iron ore price is expected to be weak because of a combination of anticipated lower steel output and continuous supply growth from the major iron ore miners

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SAIL to focus on research and development

SAIL to focus on research and development

State-run Steel Authority of India (SAIL) plans to focus on research and development and technological upgradation in the areas of raw materials and product development in order to increase its efficiency. As part of this plan, the leading steel maker in the country decided to raise its R&D spending to 1 per cent of gross sales every year from the current level of arou

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Study shows steel firms must attain raw material security

Study shows steel firms must attain raw material security

Long-term success of steel companies would be determined by investment in raw material security, capital project management, customer centric measures, a study by consulting firm Accenture shows. The study also laid emphasis on building differentiated supply chains and securing human capital for t

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SAIL’s special product output rises 4% in FY13

SAIL’s special product output rises 4% in FY13

Steel Authority of India (SAIL) produced over 5 million tonne (mn t) of special steel products designed for specific end-use in 2012-13. This is a growth of 4 percent over the last fiscal. SAIL's Bokaro unit introduced ultra high strength hot rolled and cold rolled (CR) steel, for use in auto body components in

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Home ministry gave opinion on security nod for APSEZ

Home ministry gave opinion on security nod for APSEZ

The union home ministry is learnt to have given its opinion on granting security clearance to Adani Ports and Special Economic Zone (APZEZ) for participating in the proposed terminal project in Chennai port. In a representation submitted to the Chennai port late December, the APSEZ sought a review of the governmentÂ’s earlier decision to deny it security clearance

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Legal experts find loopholes in lease deed

Legal experts find loopholes in lease deed

Legal experts warned that the Cochin Port Trust (CPT) may lose 26 acre of prime land at Bolgatty island if the lease holder raises loan against the land and fails to repay it. On July 26, 2011, the port authority leased out the land to a private developer by signing a lease deed. According to the deed, the lessee may seek permission from the port authority to raise loan against the la