By 2014-15, state-run steel maker plans to complete its proposed Rs 3,800 crore environment protection-related projects at its iron ore mines, media reports indicate. The projects, which is part of the over Rs 10,000-crore modernisation and expansion programme, includes improvement in ore processing for zero discharge, minimising generation of tailings, reduction in use of water and land
FlashNews:
Electricity futures key to managing power price volatility”: NSE’s Sriram Krishnan
InfraPandit Awards to Honour Doctoral Excellence in Infrastructure
REC Wins Leading CSR and Sustainability Award for Healthcare Support
HAL Set to Enter New Global Space Race with SSLV Contract Win
Multimodal Logistics: Optimising Assets, Strengthening Supply Chains
Gadkari Announces FASTag Annual Pass to Ease Private Vehicle Movement from Independence Day
Air India 171 Crash: A Definitive Inflection Point for Indian Aviation
REC Reports Strong Profit Growth
GAIL Reports Record Profit Surge
India Calls for Inclusive Energy Governance at BRICS Meet
Mumbai-Ahmedabad Bullet Train’s 300 km Viaduct Milestone
India Revokes Security Clearance to Turkish Firm Çelebi
Major Ports Handle Record Cargo Throughput in FY2025
India Committed to Unlocking Energy Potential: Puri
Gaganyaan Scheduled for 2027 Launch
Defence Budget Set for Rs.500 Billion Top-up
Operation Sindoor: The Indigenous Edge
Securing India’s New Crown Jewels
Logistics parks, multimodal cargo hubs poised for rapid growth
Port acquires land for cargo storage
Port Taranaki, which is a port complex located in New Plymouth, New Zealand, has acquired a 21.5 hectare power station site from Contact Energy for $24 million. Methanex New Zealand has also participated in the acquisition of the land, which could be used to store more bulk dry and liquid cargo and logs. Of the $24 million deal, the Taranaki Regional Council-owned port paid $15.5 mn for the majority stake, while Methanex New
Steel production capacity rises 36% to 90 mn t
Union Steel Minister Beni Prasad Verma informed that capacity of steel production in the country has risen from 66 million tonne (mn t) in 2009 to about 90 mn t in 2012, which is a 36 per cent growth. He said this during a meeting of the Parliamentary Consultative Committee attached to his ministry. Steel output in the country expanded 4.3 per cent in 2012, he informed members of the committee
SAIL chief optimistic on steel demand in India
CS Verma, Chairman of state-run steel maker SAIL said the consumption demand for steel in India remains better than that in the western world and so, no private or public sector steel company has decided to either curb or abandon expansion plan. India's steel capacity remains just 10 per cent of China's with only of 80-82 million tonne. Per capita consumption in India is just per 55 kg vs 220 kg global aver
SAIL conducts study for Rs 15 bn project
CS Verma, Chairman of SAIL informed that the company is conducting environment impact study for its Rs 1,500 crore iron ore nugget plant in Durgapur, which it plans to implement in a joint venture with Japanese steelmaker Kobe Steel. Verma said this will be the second such project in the world after USA. The JV agreement has been finalised, he told reporters. He said it would take five to six
SAIL chief inaugurates coke oven battery
CS Verma, Chairman of the state-run SAIL recently inaugurated a coke oven battery at the Rourkela Steel Plant, which is being modernised at an investment of Rs 12,000 crore. The battery is top charged having compound twin flue, under jet, regenerative heating with partial recirculation of waste gases. SAIL invested around Rs 1,40
SAIL may complete most of expansion project by end FY14
According to a news agency report, Steel Authority of India (SAIL) may complete major portion of its ongoing expansion project by March 2014. While presently the company has a production capacity of 13.82 mn tpa of hot metal, it aims to expand it to 19.5 mn tpa by the end of 2013-14. Since 2006-07, the company has been implementing its Rs 61,870 crore mega capacity expa
SAIL invests Rs 424 cr in April 2013
State-run Steel Authority of India (SAIL) invested Rs 424 crore on its capacity expansion project during April 2013, the company's internal note shows. It may be noted that the country's largest steel maker has been expanding capacity at all its major steel plants in Rourkela, Bokaro, Durgapur, Bhilai and IISCO. In the last seven years, the firm invested Rs 44,536 crore, out of the proposed 61,870 crore to raise the annu
Govt completes 517 JNNURM projects
In its annual report card, the UPA government said it completed 517 projects under JNNURM, including 231 projects under Urban Infrastructure Development Scheme for Small and Medium Towns (UIDSSMT). The government listed these projects under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and expansion of metro network in various cities as achievements during the year
Govt completes 517 JNNURM projects
In its annual report card, the UPA government said it completed 517 projects under JNNURM, including 231 projects under Urban Infrastructure Development Scheme for Small and Medium Towns (UIDSSMT). The government listed these projects under the Jawaharlal Nehru National Urban Renewal Mission (JNNURM) and expansion of metro network in various cities as achievements during the year