This discussion paper builds on CPI’s earlier work, with a focus on the technologies, challenges, and current state of financing for the decarbonization of India’s iron and steel sectors, since this is
The agency grilled him on alleged misrepresentation by his companies while applying for coal blocks The Central Bureau of Investigation (CBI) today questioned Abhijeet Group Chairman Manoj Jayaswal in connection with its probe into the coal block allocation scam. The agency grilled him on alleged misrepresentation by his companies while applying for coal blocks, CBI sources said. They said the agency is also scrutinising documents provided by Jayaswals in their defence.
The steel ministry has said that there is no need to give any discount on the intrinsic value of coal blocks to steel companies to be auctioned through the impending competitive bidding process. The ministry’s move is in sharp contrast to the power ministry’s demand that the reserve price of coal blocks — to be offered through the bidding route — be set at 90 per cent discount on the intrinsic value of the mine.
Says CIL Doesn’t Have Capacity To Meet Demand Of 43,000 MW Power Plants New Delhi: Planning commission deputy chairman Montek Singh Ahluwalia has made a strong pitch for privatization of the coal sector to meet the growing coal demand from the industry. Ahluwalia, who advocated private investment in the coal sector, argued, “If petroleum, which is much scarcer than coal, is open to private sector, there is no reason why coal should not be opened up.” Ahluwalia maintained that Coal India doesn’t have the capacity to meet the coal demand of 43,000 MW power plants.
The Odisha Government today began consultations with villagers to acquire an additional 700 acre required for the Posco project, with a group opposed to it saying it was illegal. Though District Collector SK Mallick was confident of convincing the villagers to give up their land, Posco Pratirodh Sangram Samiti president Abhay Sahoo termed the government's efforts to acquire land as illegal. "The effort to acquire land is illegal as a case in is pending in the court of the National Green Tribunal," Sahoo said.
Visakhapatnam Steel Plant is setting up a 240Mw (120X2) captive power plant to meet its future power requirements. At present, it has a coal-based power plant -- about 18 Mw -- to run the 3-million tonne capacity steel plant. VSP is expanding its capacity to 6.3 million tonnes and this will be ready during the next fiscal. In view of this, the company is setting up the first 120 Mw blast furnace gas-based captive plant with an investment of Rs 677 crore. AP Choudhary, chairman and managing director of VSP, launched the works related to the power plant on Wednesday.
The All Odisha Steel Federation (AOSF), an association of secondary and finished steel makers, has urged the ministerial panel on raw material supply to address issues pertaining to pricing and availability of minerals ahead of the next meeting of the committee on Thursday. It said, though the recent state government notification to reserve half of the iron ore output for local units was beneficial for the industry, the mine owners were deliberately quoting higher rates.
Posco, Asia’s third-largest steelmaker, agreed to buy a stake in ArcelorMittal Mines Canada Inc, Chung Jae Woong, a Seoul-based spokesman at Posco said. The Korean steelmaker hasn’t decided on the amount of stake it will purchase or for how much, Chung said on Tuesday. The Maeil Business Newspaper reported earlier on Tuesday Posco will buy a 15 per cent stake in the mine for $1.1 billion. Yonhap News reported a group, including Posco and China Steel Corp, will buy the stake for $1.1 billion. China Steel will invest $540 million, while Posco will spend $270 million, the Korean-language news agency said, citing people it didn’t identify.
The Comptroller and Auditor General (CAG) of India has rapped the Karnataka government for its failure to initiate any time-bound action plan to monitor the implementation of the Karnataka Mineral Policy (KMP), 2008. “Even after a lapse of three years of formation of the committee under the chairmanship of secretary, commerce and industries department, the government of Karnataka has not formulated any time-bound action plan to monitor the implementation of the KMP so that the desired objectives of the policy are achieved in a time-bound manner,” CAG said in its latest report, ‘Controls and Systems for Sustainable Mining in Karnataka.’
In this study, size-segregated particulate matter samples were collected in Raipur, India from July 2009 to June 2010 by using eight-stage cascade impactor sampler. The annual average concentrations and
Sustainability reporting is one of the key elements of sustainability management for Essar Steel India and plays an important role in its mission to create value for the stakeholders and resolve risks
