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 …

Cos Ready Green Army to Push Mining Approvals

Energy and metal cos with mining interests setting up environment team for sustainable mining State-owned energy and metal companies having mining interests have begun hiring people to manage the environment around mines and enable them to make progress through a minefield of approvals. Making a tentative attempt to bridge a …

KIADB violated HC order, say farmers

Better compensation demanded for land taken for steel plant The KIADB is alleged to have violated the order of the High Court of Karnataka, asking it to call a meeting of farmers who have demanded that the compensation amount for the land acquired for the steel plant proposed to be …

State starts transferring 1500 acres to Posco

Bhubaneswar: After seven years of delay, the Posco steel project will start rolling soon as the Odisha government has started transferring around 1,500 acres to the Korean steel major to set up an 8-million tonne plant in the first phase, steel and mines minister Raghunath Mohanty said today. However, the …

Steel ministry seeks status report on mega steel projects in Odisha

With mega steel investors in Odisha facing a litany of hurdles beginning from land acquisition to grant of mineral concession, the Union steel ministry has sought information on action taken by the state government to ease their problems. The ministry will take stock of the concerns of steel investors ahead …

Odisha Govt Set to Sign Tripartite Agreement for Posco’s Steel Plant

The seven-year wait to set up the greenfield steel project in Odisha’s Jagatsinghpur district may be over for Posco, the fourth-largest steelmaker in the world. The Odisha state government is all set to approve the much-awaited tripartite agreement with South Korean steelmaker and its subsidiary Posco India. The Memorandum of …

Govt allocates 116 coal blocks to CIL for expansion

CIL had asked for 138 mines, but Coal Ministry directed the PSU firm to recast its plans The government has allocated 116 mines to Coal India for expansion to help it boost production capacity amid the PSU firm drawing flak for coal shortages across the country. "The Coal Ministry allotted …

Posco tripartite agreement after Naveen's nod

All formalities for signing of a tripartite agreement between Odisha government, Posco and its Indian subsidiary Posco-India has been completed and only Chief Minister Naveen Patnaik’s nod is awaited to go ahead with the process, according to state steel and mines and industries minister, Raghunath Mohanty. “Posco has agreed upon …

India to contest US countervailing duty on export of steel products

The commerce ministry has decided to seek consultations with the US under the Dispute Settlement Understanding of the WTO on the countervailing duty (CVD) measures imposed by the Obama administration on India’s export of carbon steel flat products. The US Department of Commerce had contended that India is extending subsidy …

Posco plant: Process begins for MoU renewal, fast-tracking steel project

After a delay of two years since the memorandum of understanding (MoU), signed between the State Government and Posco India for establishment of a steel plant near Paradip, lapsed in June 2010, process has started for signing of an instrument of renewal. Steel and Mines Minister Raghunath Mohanty said the …

Vizag steel plant ignored safety alerts

The Vizag Steel Plant (VSP), where one of the worst industrial accidents in the steel industry took place on Wednesday night, had been warned about its poor safety record but its management ignored all such warnings. The steel plant, ironically a Navaratna company, was rated the last for its safety …

Steel plant top brass didn’t care for own safety, died

As the Andhra Pradesh government ordered an inquiry into Wednesday night’s explosion at the plant of the Rashtriya Ispat Nigam Limited (RINL) which left at least 12 people dead, it emerged that senior officers, on learning that pressure was building alarmingly in an oxygen storage unit due to a malfunction, …

Durgapur Steel Plant bags Greentech award

Durgapur Steel Plant, a SAIL unit, has bagged Greentech Safety Award 2012 in ‘Gold’ category within metals and mining sector, a DSP communiqué said. The annual safety awards are given in various categories by a Delhi-based non-profit foundation.

Australia cuts number of firms to pay carbon tax

Australia will levy a controversial carbon tax on about half the number of companies originally expected, a government list released on Friday shows, which may limit the economic and political impact of the tax which starts on July 1. Prime Minister Julia Gillard has pinned her government's survival on implementing …

Steel Plant Explosion in India Kills 11

An explosion in a state-owned steel plant in the southern Indian state of Andhra Pradesh has killed at least 11 people, police said Thursday. At least 16 other workers suffered serious burns in the blast and a massive fire that broke out late Wednesday in the plant in the coastal …

Tata Steel seeks extension of approval for Gopalpur SEZ

Tata Steel, the anchor tenant for the industrial park being developed on 3,500 acres of land at Gopalpur, has sought extension of the in-principle approval granted for the park, which is set to be notified as a Special Economic Zone (SEZ). “The registration of land lease for the Gopalpur industrial …

Australian co drops NMDC from JV to develop reserves

New Delhi In a setback to government-owned NMDC’s efforts to acquire assets abroad, Australian firm Minemakers has dropped the iron ore miner as its potential joint venture (JV) partner for developing the Wonarah rock phosphate reserves in Australia. Blaming “NMDC’s inability to make a timely decision” in forging a partnership, …

Centre may tweak MMDR Bill to retain control over allocation

New Delhi The central government may consider tweaking the proposed Mines and Mineral Development and Regulation (MMDR) Bill, 2011, to retain its control in allocation of mineral concessions. The existing MMDR Act, 1957, makes the Centre’s approval a must for grant of mineral concessions for most of the minerals, including …

MoU had automatic cancellation clause

The MoU between Andhra Pradesh Mineral Development Corporation and Rakshana Steels, which the state has decided to cancel, had an inbuilt clause that automatically made the agreement null and void in the absence of any mining rights to the state agency. As per rules, mines in tribal zones are declared …

AP cancels mining lease to firm of Jagan’s kin

The jailed YSR Congress Party president and MP YS, Jagan Mohan Reddy, received another jolt today when the Andhra Pradesh Government cancelled the mining lease to a company owned by one of his family members. The CBI has filed a petition in the court, seeking permission to conduct narco analysis …

Stained steel

The iron and steel sector is non-transparent, non-compliant with weak environmental norms and is getting away with it because of an even weaker regulatory framework When the Centre for Science and Environment (CSE) started its Green Rating Project in the mid-1990s, India had just liberalised its economy. There were fears …

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