World’s largest steelmaker ArcelorMittal may set up a solar farm on land alloted to it for a steel plant in Ballari district of Karnataka, in view of excess global steel capacity and delays in securing raw materials. The company had entered into a pact with Karnataka government for setting up …
BHUSHAN Steel will spend Rs 28,000 crore to build a 6 lakh tonnes steel plant in the Bellary region of Karnataka, a place other large steelmakers, including ArcelorMittal and Posco are also eyeing to build steel projects. Although a Bhushan Steel senior executive said it was a proposal that followed …
Education,Training Initiatives Help Firms Earn Trust Of Villagers Rakhi Mazumdar KOLKATA THERE was a time little Arsu Tadu hated going to school. She had to walk six kilometres every morning to reach a rundown shed, which was the local school in her neighbouring village near Rukka in mineral-rich Jharkhand. At …
Ishita Ayan Dutt / Kolkata February 18, 2010, 0:38 IST State-run mining major NMDC is in talks with ArcelorMittal for its proposed 10-million tonne steel plant in Karnataka. NMDC sources claimed there had been preliminary discussions with the steel major for the proposed plant.
Intensifying its efforts to secure a global footprint, state-run mineral giant National Mineral Development Corporation (NMDC) is understood to have signed a confidentiality agreement with ArcelorMittal for jointly developing the latter
SUMITOMO Metal and Bhushan Steel, which had recently agreed to build a steel project jointly in West Bengal, are now understood to be looking at Karnataka as a second destination, as the southern state is increasingly seen as being easier to operate compared to other traditional steelmaking states. If successful, …
Karnataka will set in motion today the process of acquiring 4,800 acres in Bellary for the mega steel plant being set up by ArcelorMittal, a top official said. "The government has approved the land acquisition at Kudathini in Bellary district and the preliminary notification will be issued tomorrow in the …
BANGALORE: The Karnataka government on Friday issued the preliminary notification to acquire 4,800 acres of land in Kudutini in Bellary district for a six-million-tonne steel plant worth Rs. 30,000 crore to be set up by the global giant ArcelorMittal.
Jaishankar Jayaramiah Bangalore: A team of officials from South Korean steel major Posco would visit Karnataka in mid-February to appraise the land parcels available in the state in order to set up their proposed integrated steel plant, a top Karnataka government official said. Talking to FE on the sidelines of …
STEEL giant ArcelorMittal, after facing stiff resistance at Khunti-Gumla area of Jharkhand for the proposed 12 mtpa greenfield project, is now contemplating to shift its site to some other location. A team of company officials recently visited Sindri in Dhanbad district, to explore the possibility of setting up a plant …
SCOTCHING all rumours, ArcelorMittal on Friday made it clear that it had no plans to abandon or scale down its multi-billion dollar Jharkhand and Orissa steel ventures, which have been hanging fire for months. Said ArcelorMittal India CEO Vijay Bhatnagar,
State Clears 38 Projects Worth Rs 1.38L Cr New Delhi: ArcelorMittal, whose steel projects in Orissa and Jharkhand are in limbo for many years now, on Thursday received a red-carpet welcome from Karnataka which cleared a Rs 30,000 crore proposal for an integrated steel plant by the world's largest maker …
The inordinate delay in land acquisition and tardy progress in clearing files at bureaucratic level has upset the chairman of Arcelor-Mittal Lakshmi Niwas Mittal. Talking to a private news channel, Mittal hinted that he was up upset over the inordinate delay in the progress of his proposed project in Odisha. …
Karnataka has cleared projects involving a mega investment of Rs 1.38 lakh crore, including Rs 62,300 crore from steel giants ArcelorMittal and Posco, Chief Minister Y S Yeddyurappa said here on Thursday. Karnataka Chief Minister B S Yeddyurappa honours NRI industrialist L N Mittal at Karnataka Bhavan in New Delhi …
Ajith Athrady, New Delhi, Jan 8, DH News Service: In what appears to be an undisguised means to woo global steel magnate ArcelorMittal chairman Laxmi N Mittal, the Karnataka Government has notified 300 hectares of mining area in Bellary district. All set: Chief Minister B S Yeddyurappa welcomes steelmaker ArcelorMittal …
NEW DELHI: Steel magnate Lakshmi N. Mittal on Thursday ruled out his exit from the proposed Rs. 1-lakh crore steel projects in Jharkhand and Orissa despite facing problems in acquiring land and delays in securing regulatory approvals. On the other hand, reports indicated that Mr. Mittal had proposed to the …
