State-run firm Steel Authority of India (SAIL) has been in discussion with POSCO for setting up a FINEX technology based steel plant of around 3 Million Tonne Per Annum (mn tpa) hot metal capacity as a joint venture at Bokaro Steel Plant. It is estimated that around 1,100 acre land would be required for this purpose. SAIL and POSCO have not reached an agreement on the share holding structure of the j
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SAIL imports 75% of coking coal requirement
Steel Authority of India (SAIL) imports 75 percent of its requirement of coking coal from foreign countries and the rest through captive mines and domestic sources. This information was given by the Minister of State for Commerce & Industry, D Purandeswari in a written reply in the Lok Sabha. The company has to rely on imports for substantial consumption of coking coal because of the limited availa
KCC mines being modernised at Rs 533 cr
Khetri Copper Complex (KCC), which is part of Hindustan Copper, produced 10.00 lakh tonne of ore in 2011-12 compared to 9.72 lakh tonne in the previous year. Hindustan Copper has taken steps to enhance the ore production of KCC mines from the current 10 lakh tonne to 31 lakh tonne with modern equipment and technology in the next five years at an estimated cost of Rs 533.00 cror
Expansion of inter-village roads begins in Manipur
In Manipur, expansion of inter-village roads (IVRs) and district roads passing through Andro Assembly Constituency has kick-started from March 2 under the supervision local MLA Th Shyamkumar. It is said that all IVRs would be expanded up to 20 feet and district roads passing through the Assembly segment up to 60 feet. The road expansion has been taken up in view of the population growth.
Minister announces Rs 75 bn outer harbour project at Tuticorin port
In a move that would add 42 million tonne capacity to Tuticorin port, the union budget 2013-14 announced the Rs 7,500 crore project to set up an outer harbour. The Finance Minister P Chidambaram announced while presenting his eighth budget on February 29. The minister also said a new port will come at Andhra Pradesh. Three Southern states including Tamil Nadu, Andhra Prad
Plan panel suggests PPP model for Vizhinjam project
Minister for Ports and Excise in Kerala K Babu informed that the planning commission suggested the state government to go ahead with the PPP model to develop the Vizhinjam international seaport port. The state government plans to carry out the port development, along with the external infrastructure wor
Plan panel suggests PPP model for Vizhinjam project
Minister for Ports and Excise in Kerala K Babu informed that the planning commission suggested the state government to go ahead with the PPP model to develop the Vizhinjam international seaport port. The state government plans to carry out the port development, along with the external infrastructure wor
Tuticorin port setting up 4 berths
In order to handle more quantity of cargoes like coal, copper concentrates, rock phosphate, the VO Chidambaranar Port at Tuticorin decided to set up four cargo berths. S Natarajan, Chairman of the port said construction of the north cargo berth (NCB)-II is in progress and it would be c
Tuticorin port setting up 4 berths
In order to handle more quantity of cargoes like coal, copper concentrates, rock phosphate, the VO Chidambaranar Port at Tuticorin decided to set up four cargo berths. S Natarajan, Chairman of the port said construction of the north cargo berth (NCB)-II is in progress and it would be c
Paradip Port may post growth in cargo handling
Reports indicate that Paradip Port may handle more cargo in 2012-13 that what it handled in 2011-12. However, the port may not be able to meet the target of 63 million tonne (mn t) set by the union shipping ministry. In 2011-12, the port registered 54.2 mn t cargo handling. During Apr-Dec 2012, the port handled 45 mn t car