Iron And Steel Industry

Order of the National Green Tribunal regarding an illegal cracker unit in Thanjavur district, Tamil Nadu, 29/05/2025

Order of the National Green Tribunal in the matter of News Item titled "2 killed in blast at illegal cracker unit in Thanjavur appearing in The Hindu dated 19.05.2025". The application is registered suo-motu on the basis of the news item titled 2 killed in blast at illegal cracker unit …

Bhushan, Ispat pacts scrapped

Ranchi, Oct. 3: Chief minister Arjun Munda today ordered scrapping of six more MoUs, which could have translated to investments to the tune of Rs 2,000 crore in the steel and captive power sector, taking the number of pacts cancelled so far to 33. The axe fell on big players …

UP govt extends support to power projects with a rider

LUCKNOW: The Uttar Pradesh government on Wednesday assured full support to upcoming power projects in the state provided all formalities -- environmental clearances and coal linkages -- are completed before the power plants are set up. A high level meeting of the state government led by infrastructure and industrial development …

Coal India chalks out plan to step up output by 50%

New Delhi In a bid to protect its revenue stream and maintain margins while fulfilling its obligations to supply higher level of coal to the power sector under the new fuel supply agreement, Coal India is going in for an aggressive strategy to step up output. The focus will be …

CBI yet to register inquiry into allocation of coal blocks in 2005

New Delhi The CBI probe into the coal block allocation scam took a new turn last week as the agency was given the mandate to probe all allocations made since 1993 and also investigate those made to PSUs. However, surprisingly, the CBI still hasn’t registered any inquiry into the coal …

Durgapur Steel output up 5% in first-half

SAIL unit, Durgapur Steel Plant (DSP), recorded a five per cent steel output growth in the first half of 2012-13 against the first-half production of the previous year. The production of special steel and value-added products, however, grew by 17 per cent over H1 of last year and constituted 77 …

CBI coalgate probe begins from 1993

Expanding the scope of the investigation into the Coalgate, the Central Bureau of Investigation on Thursday began a probe into alleged irregularities in allocation of coal blocks between 1993 and 2004. It has registered a ‘preliminary enquiry’ against companies that got blocks during that period and the government officials who …

Mines can’t be doled out as largesse

New Delhi: While agreeing with the constitution bench that auction was not the only constitutionally permissible mode for distribution, Justice J S Khehar in a separate opinion referred to the Mines and Minerals (Development and Regulation) Act to say the law allowed for allocation of coal blocks through auction alone. …

6 more coal blocks to be cancelled

New Delhi: Stepping up action, the government on Monday decided to cancel six more coal blocks allocated to private companies and deduct bank guarantees of seven others for failing to develop the mines within the time-frame. “Coal minister Sriprakash Jaiswal on Monday approved the IMG’s recommendation to de-allocate six more …

4 Jindal firms gave same fake address

‘28, Najafgarh Road, New Delhi’. This was the address used by four companies of Congress MP and industrialist Naveen Jindal that applied for coal blocks between 2006 and 2009. Two of them — Nalwa Steel and Gagan Sponge — got the blocks using what has now turned out to be …

Australia issues 6.37 million CO2 units

Australia on Thursday issued 6.37 million free carbon units to companies seeking compensation from the country's CO2 pricing mechanisms, the government said, the first ever emission rights to be issued under Australia's carbon scheme. The units were issued via Australia's emissions unit registry to alumina refiner Alcoa and ammonia and …

Durgapur Steel holds users’ meet

Durgapur Steel Plant, a unit of SAIL, on Wednesday met a number of downstream coal chemical (tar and benzol products) users in an interactive session. A cross section of the customers from across the country attended the meet to provide their inputs. P. K. Singh, CEO of DSP said: “This …

Mesco Steel to start 1.2 mn tonne finished steel unit by 2015

Mideast Integrated Steel Ltd (MISL), a Mesco group company having an one million tonne pig iron plant at Kalinganagar in Jajpur district of Odisha, plans to upgrade the unit to a 1.2 million tonne finished steel product facility by the end of December 2014. “The company has begun upgrading its …

India for control is Posco, Severstal JV

New Delhi The Steel Ministry today said Posco and Severstal cannot have majority stakes in their proposed joint ventures with state-run SAIL and NMDC respectively, envisaging a total investment of Rs 36,000 crore. "Talks are going on. There are problems in regards to the shareholding. But, we can't give them …

Assembly panel for keeping tabs on PepsiCo water use

Complaints of overexploitation of groundwater The Assembly Committee on Environment, which visited the bottling plant of PepsiCo at Kanjikode on Tuesday, directed the Groundwater Department to monitor and restrict strictly the use of groundwater by the company. The committee, on complaints from various organisations that the soft-drink giant was overexploiting …

Mines ministry missive may hit Posco's swapping plan

Posco India may have to abandon its proposal for swapping of high alumina content iron ore found in the state with high grade ore from outside to meet the quality parameters of its proposed 12 million tonne greenfield steel project in Odisha. Even the steel behemoth’s plan to swap iron …

BJP seeks CBI probe into coal block allocations

Bhubaneswar: Demanding a CBI probe into the role of Odisha government in coal block allocations to private companies, senior BJP leader Bijay Mohapatra on Saturday alleged that the BJD government did not follow norms. The BJD government headed by Naveen Patnaik is not above suspicion. The government maintained no procedure …

NMDC to review iron ore prices on Oct 1

NMDC has also decided to rope in an international consultant for devising a proper and professional pricing policy in place of the pricing formula currently followed Public sector mining company NMDC Ltd will take a call on iron ore pricing for the December quarter at its board meeting on October …

PowerMin under CBI scanner

Agency seeks details of the period when Sushilkumar Shinde headed the ministry After proceeding against a number of private companies given coal blocks, the Central Bureau of Investigation (CBI) is now questioning the power ministry. It has sent questionnaires to the ministry, to know the basis on which it had …

Gujarat Ambuja, Grasim and Lafarge blocks under a cloud

The government’s Inter-Ministerial Group (IMG) reviewing progress of coal blocks is understood to have recommended cancelling two more acreages being developed by five companies, according to people close to the development. A final view on the recommendation will be taken by Coal Minister Sriprakash Jaiswal soon. The two blocks include …

De-allocation of 2 more coal blocks recommended

The Inter-Ministerial Group (IMG) on Thursday recommended de-allocation of two more coal blocks and deduction of bank guarantee (BG) of two more blocks. Thursday’s action concludes the IMG scrutiny of 29 blocks in the first phase. The blocks deallocated on Thursday are: Bhaskarpara, allotted to Kumarmangalam Birla-promoted Grasim Industries and …

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