The finance ministry is working on a road map to divest stake in seven big state-run companies, which include Coal India, SAIL, MMTC, NMDC, NHPC and Nalco.
Tag: MMTC
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NINL commissions steel billet plant
Neelachal Ispat Nigam (NINL) commissioned its Rs 1,650 crore billet-making facility at Kalinganagar in Odisha. The company set up the facility to manufacture billet, which is a value added product compared to pig iron and which gives better sales realisations. NINL, whose main activity is manufacturing of pig iron, said
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Paradip ore terminal project faces inordinate delay
The proposed iron ore terminal project at Paradip Port Trust (PPT) is facing inordinate delay because of lack of environment and forest clearances, and court cases over relocation of iron ore plots. Blue Water Iron Ore Terminal, a special purpose vehicle floated by the Hong Kong-based Noble Group, in partnership with Gammon Infrastructure Projects and MMT
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10% more coal supply in FY13
The Power Ministry expects Coal India and its subsidiaries to supply 347 million tonne (mt) of coal this financial year, compared with 312 mt in 2011-12, a rise of 10.1 per cent
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Mining logistics Motion sickness
A recent mining ministry report recognises logistics as one of the several problems clogging the sector.It's yet another wake up call for the sector.It's raining mining reports out of the Pandora's Box that Justice Santosh Hegde opened.
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NTPC invites bids for coal
NTPC issued a Rs 3,500-crore global tender seeking supply of four million tonne imported coal for its power projects.