Media reports suggest that public sector trading firm MSTC plans to set up a automotive and white goods steel scrap shredding unit in Dahej at a cost of Rs 120 crore. The plant, to be located at Dahej, may be operationalised in the first half of 2013-14. For installing the unit, to be built on a 20-acre plot, selection of an EPC contractor would be done through a global tendering
Tag: plant
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Bauxite shortage to halt operation in Lanjigarh refinery
Media reports quoted a top executive of Vedanta Aluminium (VAL) as saying that the company is forced to shut down its one-million-tonne (mn t) alumina refinery in Odisha because of shortage of bauxite. The company had issued a three-month advance notice in September to close the refinery, as it had no bauxite stock to run the plant beyond the deadline. Meanwhile, the state steel & mines Minister Rajani Kant Singh
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Bauxite shortage to halt operation in Lanjigarh refinery
Media reports quoted a top executive of Vedanta Aluminium (VAL) as saying that the company is forced to shut down its one-million-tonne (mn t) alumina refinery in Odisha because of shortage of bauxite. The company had issued a three-month advance notice in September to close the refinery, as it had no bauxite stock to run the plant beyond the deadline. Meanwhile, the state steel & mines Minister Rajani Kant Singh
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Posco determined to set up world-class plant
YW Yoon, CMD of Posco India, the local arm of South Korean steel major Posco, remarked that the firm was determined to move ahead and construct a world class steel facility for the benefit of all stakeholders in Odisha. POSCO will do its best efforts to construct a state-of- the-art steel plant in Odisha, Yoon said, while awarding the POSCO Asia Fellowship on behalf of POSCO TJ Park Foundation at
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Posco determined to set up world-class plant
YW Yoon, CMD of Posco India, the local arm of South Korean steel major Posco, remarked that the firm was determined to move ahead and construct a world class steel facility for the benefit of all stakeholders in Odisha. POSCO will do its best efforts to construct a state-of- the-art steel plant in Odisha, Yoon said, while awarding the POSCO Asia Fellowship on behalf of POSCO TJ Park Foundation at
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AOSF urges govt, miners to supply stocked ore
All Odisha Steel Federation (AOSF) urged the state government and miners to liquidate idle iron ore stock and thereby resolve what it claims the "artificial crisis of iron ore". AOSF claims that there is 100 million tonne (mn t) of iron ore stacked up at different mine leases in the state and even the Shah Commission of enquiry has drawn the attention of the government and mine owners on this
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ITI to pump in `2,380 cr for biz revival
ITI is planning to invest over Rs 2,380 crore to re-start its manufacturing units and
diversify into other businesses. The proposal to clear these funds for ITI's revival is with the Board for Industrial and Financial Reconstruction (BIFR
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Jaypee's hydro power project to come up by Aug 15
Jaypee Group's Rs 7,000-crore Karcham Wangtoo hydro power project in Himachal Pradesh is expected to be opeÂrational by August 15, much ahead of schedule.