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
New Delhi: The government is looking at cancelling 53 captive coal block allocations that have come under the coal ministry’s scanner for the failure of allottees to meet timelines for starting production,
The sprawling ILVA steelworks has loomed over the skyline of Taranto and dominated the city's economy for 50 years, but toxic pollution has transformed the site from a symbol of postwar prosperity to an
Mumbai Sesa Goa, owned by miner Vedanta Resources, must shut its 280,000 tonnes per year metallurgical coke unit in Goa after complaints about pollution, a State Pollution Board official said. Shares of Sesa Goa extended losses by 3.73% at R180.45 per share on the news. “We have issued directions for closure of the coke unit of Sesa Goa,” Levinsons Martins, member secretary of the Goa State Control Pollution Board (GSPCB), said. The plant would remain shut at least until then.
New Delhi Coal minister Sriprakash Jaiswal on Monday said that no coal block was given away to companies during his tenure and only a few allotment letters were issued in respect of blocks that were awarded during the first term of the UPA government. In reply to allegations levelled by an MP that Jaiswal cleared allocation of captive coal blocks in 2011 despite the government passing a law to allocate coal blocks only through auction in 2010, the coal minister said he only cleared allocation of two blocks that were approved earlier, but could not be offered to companies because of general elections.
Despite the Rs 52,000-crore Posco project, the largest single FDI of the country, being a non-starter even after seven years, Odisha still continues to be a favoured destination among overseas investors.
Shaken by the adverse comments made by the Comptroller and Auditor General (CAG) on the government’s captive coal blocks allocation policy, the coal ministry is planning to conduct a fresh audit of all
Land acquisition delay holding up mega projects, admits minister Projects proposed by steel players who have signed MoUs (memorandum of understanding) with the Odisha government are set to go under the scanner soon. The state steel & mines department intends to conduct a comprehensive review of such projects after the end of the state assembly's monsoon session, which is scheduled to be held from August 28 to September 7.
Faced with stiff margins pressure in iron ore fines exports due to poor demand and higher transportation cost and taxes, most of the miners of the state are now planning to foray into pellet production to cater to the rising demand of the domestic steel industry for the commodity. “Iron ore fines exports have come down to a level that is a fraction of what it used be a couple of years ago. Fines were being shipped out as the Indian steel industry did not have the technology to use it.
Battalions of para-military forces will stand guard around the naxal-affected mines of India’s iconic Bhilai steel plant as government workers slog it out in the pits. Twelve battalions of BSF, anti-naxalite
Document contains Judgement of National Green Tribunal (NGT) dated 24/8/12; Apeal No. 32/2011. The parties are Rana Sengupta, Kolkata verses Union of India & Ors.
