While IndiaÂ’s infrastructure investment is likely to provide a boost to steel demand over the long term, there could be challenges to the raw material availability. Iron ore related uncertainties could be sorted out in the medium to long term,
Tag: Goa
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Tribunal quashes directive of GCZMA
Terming violation of the principle of natural justice,
the National Green Tribunal has set aside the order of
Goa Coastal Zone Management Authority (GCZMA) on the jetties project of Sesa Goa in the northern district of Goa. It may be noted that in March 2011, GCZMA directed the company to stop all activity over the alleged illegal part of the jetties and to remove the unau
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Mormugao Port expects 17.3 mn t cargo in 2012-13
The Mormugao Port located in Goa, is a premier iron ore exporting port on the west coast of India. This port lies midway between the ports of Mumbai and New Mangalore.
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KPMG works on revenue model for Mopa airport
Reports indicate that KPMG, the financial consultant for the proposed international airport at Mopa in Goa, is working on the revenue model for the airport. The state government plans to implement the project on the public-private-partnership (PPP) model and it set up a special PPP cell for the purpose of handing such PPP projects
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Goa govt prepares draft investment policy
Goa government prepared a draft investment-cum-industrial polic, which laid a special thrust on development of Special Investment Regions (SIRs). The SIRs will attract large investments, economies of scale and world class infrastructure arrangements. SIRs involves special areas demarcated for development with their own industrial, social and urban infras
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Goa exported Rs 610 bn ore in 3 years
Union Mines Minister Dinsha Patel informed Parliament that over the last 3 years, iron ore worth over Rs 61,000 crore was exported from Goa. Giving year-wise break-up of iron ore export from the state, the minister said in 2009 to 2010 Rs 22,809 crore worth ore was exported from Goa, in 2010 to 2012 it wa
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Congress wants auction of 96 mining leases in Goa
Instead of just renewing 96 iron ore mining leases in Goa, the state government must auction them on the lines of the telecom spectrum auction so that it stands to benefit financially, state Congress spokesperson Sudip Tamankar said to reporters. He said the state government could mop up Rs 300 lakh crore over 20 years of the lease period and this could offset the loss of revenue to the state government beca
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COP orders new tug vessel
Goa's Captain of Ports (COP) has ordered a new tug vessel which is being built at the cost of 5.65 crore in order to replace the existing one. The new tug vessel is 12 metric ton bollard pull compared to the pulling capacity of only 4 metric ton bollard of the present vessel. The new vessel is being built at Mandovi dry dock in Pilgaon
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Goa govt mulls ban on fresh ore mining
According to an affidavit filed by the Goa government in the Supreme Court, the state government plans to ban completely all fresh excavation of mineral ore. The affidavit, which was filed in response to a public interest litigation (PIL) seeking action against rampant illega
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Goa govt mulls ban on fresh ore mining
According to an affidavit filed by the Goa government in the Supreme Court, the state government plans to ban completely all fresh excavation of mineral ore. The affidavit, which was filed in response to a public interest litigation (PIL) seeking action against rampant illega