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Minister seeks special dispensation for gas to power plants

Minister seeks special dispensation for gas to power plants

Central government must give special dispensation for allocation of natural gas to power and fertiliser sectors, union Minister of State for Power Jyotiraditya Scindia informed reporters at Toronto. Scindia asserted that in terms of pricing, either in the form of subsidies or differential pricing, government must give special dispensation for supply of gas to these two sectors, the minister said

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JSW hopes to operationalise new plant by Dec

JSW hopes to operationalise new plant by Dec

Sajjan Jindal, Chairman and Managing Director of JSW Steel informed that the firm would begin production at its upcoming 2.3 million tonne plant in Bellary, Karnataka from December 2013. The company is setting up the plant specifically for the auto-industry and it would produce high-grade automotive steel

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Steel output rises 6% for SAIL in June quarter

Steel output rises 6% for SAIL in June quarter

During Apr-Jun 2013, output of saleable steel rose 6 percent to 3.2 million tonne (mn t) from the year-ago period for Steel Authority of India (SAIL). Production of value added steel touched the best ever Q1 mark, at 1.28 mn t, a year-on-year growth of 4 percent. Across the company's various units, new projects worth around Rs 2,700 crore commenced operation betw

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Govt begins trial run on STP at Muttathara

Govt begins trial run on STP at Muttathara

Reports indicate that the government began trial runs on the sewage treatment plant (STP) at Muttathara in Thiruvananthapuram. The government would conduct the trial run for the first three months, reports indicate. The original capacity of the plant is 107 million litre per day, but only 42 mn ld sewage reach the STP from the core areas of the city

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RINL, APMDC to ink pact on steel plant

RINL, APMDC to ink pact on steel plant

AP Choudhary, Chairman and Managing Director of Rashtriya Ispat Nigam (RINL) said the firm would enter into an agreement with the AP Mineral Development Corporation (APMDC) to set up an iron ore and steel plant at Bayyaram in Khammam. He informed reporters that the firm almost completed formalities with regard to the agreement. Meanwhile, Kudremukh Iron Ore Company (KIOCL) would invest about Rs 1,000 to Rs 1,500 crore to set up beneficiation and pellitization plants of 1.2 million tonne per annu

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Expert panel suggests renewal of green nod for Posco project

Expert panel suggests renewal of green nod for Posco project

An Expert Appraisal Committee suggested the renewal of the environmental clearance for the proposed steel plant of the South Korean giant Posco at Jagatsinghpur, Odisha. Posco wants to set up a 12-mn tpa steel plant in the area. In the interim, it will be starting off with 4 mn tpa capacity and add another 4 mn t in the second phase. The committee

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IOC to sign pact with Ennore Port for Rs 43 bn LNG project

IOC to sign pact with Ennore Port for Rs 43 bn LNG project

Indian Oil Corporation (IOC), which has proposed to set up a Rs 4,320-crore liquefied natural gas (LNG) plant at Ennore would soon enter into an agreement with the Ennore Port to secure 132 acre of port land for the project. The project would enable supply piped gas in the southern region, which does not have adequate supply of piped gas

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RINL to invest Rs 25 bn on iron ore project

RINL to invest Rs 25 bn on iron ore project

State-run steel maker RINL plans to set up an iron ore beneficiation plant and a 2 million tonne pellet plant in Bhilwara, Rajasthan at a cost of Rs 2,500 crore. Through the proposed beneficiation plant, the company would make value addition of the iron ore mined from the block awarded to it by the Rajasthan government recently at Bhilwara. The value added output would be used at RINL's Vizag steel plant

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SAIL to complete Rs 38 bn project by FY15

SAIL to complete Rs 38 bn project by FY15

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