Somdeb Banerjee, a top official of Tata Steel for South Africa expects India's steel production capacity to rise threefold between 2010 and 2020 to 179 million ton a year. The increase in capacity may raise India's import of coal coal to at least 37 million ton in 2012-13 from 31.8 million ton in 2011-12, reports suggest. Reports also indicate that domestic coking coal ou
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Landed in trouble
GMR entered the Maldives after realising the lack of potential in India for large airport projects. The relatively new global infrastructure is reportedly not insured against political risk—only to find itself stranded after a government change in that country.Pro China sentiments along with commercial disputes used by some extremists and political parties in Maldives have provoked anti-India sentiments which resulted in GMR’s Male airport confl ict.
NMCC asked to probe import from China
Following complaints from industry players, the Standard Board of Safeguards asked National Manufacturing Competitiveness Council (NMCC) to study the impact of import of raw materials for stainless steel products from China. NMCC is asked to study the impact of such imports on the competitiveness of the user industry of the product under consideration. The Board has also sought clarifi
Leadership and governance
Vinod Bahety argues that leadership in India has been too domesticated to be anywhere near globally applicable. Leadership is a key differentiator, whether it’s a perfect or imperfect world. Over the last 10-15 years,
Risk appreciation: A work-in-progress
Effective leadership envisions results in the long term, so even exceptional leadership qualities can at best limit the impacts of immediate issues such as economic slowdown, but not much more.
Growth with responsibility
If growth is looked at as a number without relative comparison with the general life improvement of the common man, it remains an anomaly, an evasive terminology for showing
Solar cost and tariff may converge by 2017: Experts
India’s National Solar Mission aims to increase solar capacity from 250 MW at the end of 2011 to 20 GW of grid-connected solar alone by 2022. The total installed capacity of grid-connected solar power in India is reported to be 503.9 MW so far.
Polavaram project
In Andhra Pradesh, work on the Rs 16,000 crore Polavaram project will begin in three months. The contract will go to a consortium consisting of China based CGGC
Shale gas exploration bids by Dec 2013
Oil Minister S Jaipal Reddy said that India will launch its first-ever bid round for exploration of shale gas by December 2013. Six basins, namely Cambay, Assam-Arakan, Gondawana,KG onshore, Cauvery onshore and Indo Gangetic basins, have been identified that may have shale gas potential.
Putting infra ducks back in a row
Much has been said about the now popularly termed policy paralysis over the past two years that has led to uncertainty in implementation of and financing to infrastructure sectors. With the single exception of the roads sector, none of the major sectors have met expected growth levels this year.