India has asked state-controlled National Aluminium Co Ltd (Nalco) to re-think its overseas expansion plans including a proposal to set up a $2 billion smelter unit in Iran
Tag: Balvinder Kumar
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Slow progress of auctioned blocks worries ministry
The Union Mines Ministry has expressed displeasure over the unimpressive progress of mineral blocks auctioned by states, reports the Business Standard. Post auctions, little has been done to secure clearances to enable commencement of mining from such blocks.
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NALCO may have to revisit Iran smelter unit plan
India has asked state-controlled National Aluminium Co Ltd (Nalco) to re-think its overseas expansion plans including a proposal to set up a $2 billion smelter unit in Iran, a top official has said.
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Mines Min propose scrapping export tax on iron pellets
The mines ministry has written to the finance ministry to propose scrapping a 5 per cent export duty on iron ore pellets, Mines Secretary Balvinder Kumar said, adding the government could also look at abolishing duty on low-grade iron ore.