Judgment of the National Green Tribunal, May 27, 2025 in the matter of Sumit Saini Vs Shree Ram Steel Industries & Others. Sumit Saini, resident of village Damla, District Yamuna Nagar, Haryana had sent a letter petition dated May 14, 2022 to the NGT. The application said that around 25 …
Embargo on grant of mining leases also lifted; steel mills see significant boost in ore output. In a significant relief to iron ore miners and steel producers, the Supreme Court today allowed 18 more Karnataka mines to resume operations, while it cancelled the leases of 49 illegal ones. With this, …
The Supreme Court order is unlikely to bring any big relief to metal and mining companies. With the global markets in the grip of a slowdown, export of iron ore from the country has already hit an all-time low level of 18 million tonne in 2012-13 and any increase in …
The Supreme Court on Tuesday reserved its order on review petitions, filed by the Centre and others, against a verdict passed in 2010, directing the Karnataka government to consider applications of companies vying for the lease of iron ore mines in the Kumaraswamy range, within four months. A Bench of …
New Delhi: This might have looked improbable until a couple of years ago, but recent curbs on mining of iron ore in regions rich in this natural resource have prompted Indian firms to import this key input for the steel industry. The country’s largest iron ore exporter, the Goa-based Sesa …
JSW Steel has almost abandoned the transfer of its Mozambique coal mines to utility JSW Energy, breaching a promise it made to investors at the time of the initial public offering of the power producer. A study of the mine shows that it possesses more of coking coal, an input …
New Delhi: Sajjan Jindalled JSW Steel said on Thursday that it might challenge the government in court over de-allocation of the Gourangdih ABC coal mine and insisted that the company has “not done anything wrong”. Seshagiri Rao, joint managing director at the country’s third-biggest steelmaker, said legal recourse is one …
Union tribal affairs and panchayati raj minister V Kishore Chandra Deo says his ministry will take a closer look at mineral resource projects, bauxite, iron ore or any other mineral, in areas where the rights of tribals are protected by the Constitution. The minister said he would write to governors …
Three more coal blocks de-allocated. The Inter-Ministerial Group (IMG) on coal today recommended deduction of bank guarantee of two blocks, including Jitpur, given to Jindal Steel & Power Ltd (JSPL) in which Congress MP Naveen Jindal is Chairman-cum-Managing Director (CMD). The amount of the bank guarantee to be encashed was …
NEW DELHI, 14 SEPT: The alleged irregularities in coal block allocations came under judicial scrutiny today with the Supreme Court issuing notice to the government asking it to explain whether it had followed its own policies and guidelines in the allocation of 194 coal blocks. The Bench of Justices R …
South Korean steel manufacturer Posco faces a critical moment as India’s apex court takes up for hearing the grant of a captive iron ore mine in Odisha. Posco hopes, once some of the country’s leading lawyers have delivered their final arguments, the Supreme Court will clear the grant of a …
In Nov, AFISCO was chosen as preferred bidder for iron ore mining and a steel plant in Hajigak Aconsortium of Indian miners and steel companies that calls itself Afghan Iron & Steel Company, or AFISCO, has just completed its fifth and possibly final negotiations on Tuesday. A final contract prepared …
The domestic steel industry, reeling under high input costs, dipping domestic demand and rising interest rates has demanded that the government expressly place steel on the negative list in the Comprehensive Economic Partnership Agreements (CEPA) with South Korea and Japan failing which, it could bring about severe stress on capacity …
Calcutta, July 10: Work on Bengal’s largest industrial venture is likely to get under way in October as the Jindals and the Mamata Banerjee government have resolved differences over the Rs 35,000-crore steel and power project five years after it was conceived. Biswadip Gupta, the chief executive of JSW Bengal …
Better regulation of the sector is needed The environmental performance of the Indian iron and steel industry is poor, according to the latest indices released by the Green Rating Project of the Centre for Science and Environment. On a scale of 10 (the theoretical best), the global best practitioners score …
When the green rating results of steel sector were released recently by CSE, industry was quick to pass the buck on poor quality of Indian raw materials and other obscure and ‘uncontrollable’ technical factors. But are they the only reasons leading to poor performance? Surely not. As the two-year survey …
