In a letter to steel ministry, coal ministry has reportedly denied grant of special status to the proposed Ultra Mega Steel Plants (UMSPs) for priority allocation of coal linkages. Indian steel firms meet upto 70 percent of their demand for coking coal, used as a raw material in steel-making, through imports. The steel industry consumed 43 mn t coking coal last fiscal. By 2017, reports suggest that demand from steel plants may
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SunCoke, Visa Steel JV seen in 2013
By the first quarter of 2013, Visa Steel expects to set up a joint venture coke manufacturing firm in collaboration with American firm SunCoke Energy Inc. SunCoke Energy Inc, which is one of the largest independent producers of metallurgical coal across North and South America, is said to have entered into an agreement with Visa in this regard. According to the agreement, which requires approval of shareholders of Visa Steel, SunCoke Energy will have a 49 p
SunCoke, Visa Steel JV seen in 2013
By the first quarter of 2013, Visa Steel expects to set up a joint venture coke manufacturing firm in collaboration with American firm SunCoke Energy Inc. SunCoke Energy Inc, which is one of the largest independent producers of metallurgical coal across North and South America, is said to have entered into an agreement with Visa in this regard. According to the agreement, which requires approval of shareholders of Visa Steel, SunCoke Energy will have a 49 p
MPT complains about GSPCB
P Mara Pandiyan, Chairman of Mormugao Port Trust (MPT) complained that the Goa state pollution control board (GSPCB) stopped coal operation at the port in the absence of baseline data on its impact on pollution level in the atmosphere. The board declined to give its 'consent to operate' for handling coal and coke at berth no 10 and 11 in the port. In a letter to Chief Secretary B Vijayan, Pandiyan said that the board would study technically and scientifically to fin
CIL arm calls for new pricing regime
Coal India (CIL) subsidiary Western Coalfields argues that its proposed 25 new projects with a capital investment of about Rs 4,000 crore would not be viable unles
Assocham seeks solution to coal linkage issue
In order to ensure fuel for the upcoming power projects, the newly appointed Minister of State for Power Jyotiraditya Scindia must immediately resolve the coal linka
It is always important to have a perspective planning
We look at bringing in efficiencies at all levels in the supply chain and this is a continuing process,
Rail freight traffic to grow 5.2%
Railway freight traffic is likely to clock a 5.2 per cent growth this fiscal on higher demand from coal and iron ore meant for domestic steel plants
Essar captive power plant
Owing to severe shortage of natural gas, Essar Oil decided to run the 20-million tonne Vadinar refinery in Gujarat on coal-based power instead of gas-based.
Adani Power eyes int’l opportunities
Adani Power is actively evaluating opportunities in different parts of the world, espÂecially in developing nations. Adani Power, which currently has an installed capacity of 4,620 mw,