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 country's steel production capacity has reached 80 MT per annum with plans to ramp it up to 120 MTPA during the current fiscal An inter-ministerial panel will meet later this month to sort out issues impeding big-ticket investments in the steel sector. "An inter-ministerial group (IMG) on July 25 would review the current status of major steel investment projects and find out solutions to problems impacting them," a Steel Ministry official said. The group will have participation from ministries of steel, coal, mines, environment, railways and shipping among others.
The government is considering allowing power and steel companies to swap their coal linkages among group entities, subsidiaries and special purpose vehicles, in a bid to optimise fuel availability and cut down the restrictive transportation charges. At present, coal linkages given to companies (mainly in power, steel and cement sectors) are exclusive to a particular project. These linkages are non-transferable even between group companies. “We are examining a proposal on swap/transfer of allocated domestic coal linkages to reduce transportation cost and put domestic coal to best possible use,” said a coal ministry official.
Iron ore mining may resume by end-August in 14-15 leases in Karnataka’s Bellary region. The mines have a capacity of 4-5 million tonnes per annum. Resumption of operations is being allowed on findings
New Delhi Between 2006 and 2009, for a number of relatively obscure firms, getting hold of a coal block was akin to stumbling on a goldmine. The findings of an internal report conducted by the coal ministry on the allocation of resources to private players show that in order to bag a prized mine, applicants were willing to go to any extreme. Take the case of Shree Veerangana Steels, which was allocated three coal blocks in Yavatmal district in Maharashtra in 2005. This company simply does not exist any more.
An internal probe by the coal ministry into the allotment of blocks between 2006 and 2009 has found cases of obscure firms allegedly merging with other firms after getting their hands on the resource,
Miners are now pressuring the state government to lift the export ban to boost their business A two-year old ban on iron ore exports from Karnataka which has halved shipments from the world's No. 3 supplier will be the focus of an industry gathering in Bangalore as pressure mounts for the restriction to be lifted. Karnataka, where iron ore mining is also severely limited, has been the poster state for India's efforts to crack down on illegal mining.
Patnaik Steel and Alloys, a subsidiary of Patnaik Minerals, the lease holder of Banachapani iron ore mine in Keonjhar district, has been found to have violated several forest and environment rules. This is revealed from an enquiry conducted by the State Director of Mines into the issue. “The matter has been enquired into by officers of Directorate of Mines and basing on their report and verification, the following irregularities have been noticed along with other violations,” the state steel and mines department said while asking the state revenue and environment ministry to initiate action against the miner.
Just days after the Visakhapatnam Steel Plant came third in an environmental rating of the steel industry, a huge fire at the plant claimed 16 lives. The disaster at Vizag raises questions about standards
Environmental Impact Assessment and Environment Management Plan report for Iron Ore Beneficiation Plant, Muddavaram (V), Kurnool, Andhra Pradesh.
Centrepiece of the country's clean energy plans, the controversial tax has created uncertainty for business, divided opinion and slashed government approval. Can it succeed? Australia's controversial
