Essar Steel

Judgment of the National Green Tribunal regarding plywood factories operating in Yamuna Nagar, Haryana, 27/05/2025

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 …

CSE finds major inefficiencies in iron and steel sector performance

Says sector severely wanting in pollution & regulatory compliance The Centre for Science and Environment (CSE), a non-government organisation based here and promoting sustainable development, today exposed major inefficiencies in the performance of India’s iron and steel sector. In a detailed rating, which took two years to compile, of the …

GoM favours forest nod for Chhatrasal, Mahan coal mines

A ministerial panel today recommended conditional forest clearances for developing Reliance Power's Chhatrasal and Essar-Hindalco's Mahan coal mines and also decided to do away with controversial 'go, no-go' classification of coal blocks. Sources said the group of ministers, headed by finance minister Pranab Mukherjee, took these decisions during their meeting …

Ministers' panel for forest nod with riders for Mahan, Chhatrasal coal mines

A Group of Ministers (GoM) headed by the Finance Minister, Mr Pranab Mukherjee, has recommended ‘forest clearance' for Mahan and Chhatrasal coal mines. But this comes with some riders. If approved by the Cabinet, this would pave the way for Reliance Power Ltd, Essar and Hindalco Industries Ltd, which have …

No change in granting forest clearance, says environment ministry

The environment ministry denied on Monday that it had effected any changes in the way forest clearances were granted in wildlife areas and said they would continue to be routed through the National Board of Wildlife's standing committee. Sources in the environment ministry also said that the group of ministers …

NMDC to set up steel plant in Bellary

The State-run National Mineral Development Corporation (NMDC) and Russian steel maker Severstal are likely to sign a final agreement to set up a steel plant in Bellary by the end of this year. “Both companies have appointed legal consultants to study the project structure, and based on inputs, both firms …

Centre Moves to Halt Open Sale of Ore Fines

Bid to prevent captive mine owners from selling byproducts; make them add value to ore. The Centre has moved to clear any ambiguity that could be misused by captive mine owners to sell iron ore fines in the open market. The move comes after the Jharkhand High Court in February …

Steel may be costlier on higher ore price

Chennai: State-run iron ore miner NMDC’s decision to increase ore prices by 10% has put the steel industry in a corner, most of whom were expected to announce price increases over the next few days. NMDC has said the prices of iron ore lumps have been increased by 10 % …

Posco wants Essar Steel to join its Orissa project

Mumbai: South Korean steel major Posco has sounded out unlisted Essar Steel for an alliance to build the planned $12 billion (12 million tonnes) steel plant in Orissa, which has run into repeated hurdles since the world’s fifth largest steel maker signed the construction agreement with the state government in …

Industries can now purchase power from open market

NEW DELHI: The government has invoked special powers under the Electricity Act and directed the central and state regulators to implement a long-pending reform to allow industrial consumers to buy cheaper power from the open market. The move will help 15,000 large consumers particularly the sick textile, cement and steel …

Finger raised at Mp forest allotment

Villagers living in Singrauli district of Madhya Pradesh have written to the ministry of environment and forests (MoEF) contending that handing over a sizeable section of the forests of Mahan will mean a loss to both the individual and community forest rights. The letter was written on March 15, 2012, …

Fate of two MP coal blocks hangs in balance

New Delhi: The Chhatrasal coal block in Madhya Pradesh is in the eye of a storm again, with the group of ministers (GoM) forcing the ministry of environment and forests (MoEF) to review its decision to deny forest clearance. The allocation of the block had evoked the CAG’s ire, and …

Steel prices may rise by over R1,000 per tonne

New Delhi The recent freight rate hike announced by railways and the increase in excise duty from 10% to 12% are likely to make domestic steel costlier by over R1,000 per tonne. Major steel companies including Jindal Steel and Power (JSPL), Essar and Rashtriya Ispat Nigam (RINL) on Wednesday announced …

Essar Steel to commission pellet unit in Odisha

Buoyed by its Hazira complex becoming the country's largest single location flat steel maker with 10 million tonne per annum capacity, Essar Steel is set to commission a pellet unit in a week in Odisha to pave the way for setting up of its proposed 6 million tonne integrated steel …

Orissa mega projects face green hurdles

Though the Orissa government is quite prompt in signing a number of memoranda of understanding (MoUs) with different MNCs and corporate houses for execution of different mega projects in the state, somehow due to the cumbersome procedure of the state administration in acquiring the land as well as handling issues …

Oilmin wants EGoM to approve gas supply cuts

New Delhi Companies in fertilisers and LPG, which are largely immune to the supply crunch on natural gas due to the stagnating output from the KG D6 block, could soon face serious input shortages. In a move that could worsen the investment scenario in the economy, the petroleum ministry has …

Mining curbs force iron ore imports

Steel industry worried, points to implications on downstream investment plans, taxation. With no sign of abatement in the ongoing mining crisis that has snapped iron ore supply to key infrastructure sectors, companies have started imports. Iron ore imports are happening from South Africa at $130 a tonne (cost & freight). …

Oil and Gas Production Stuck in Regulatory Mire

Bureaucratic apathy holds up any possible increase in oil and gas production State-run oil companies appear caught between the devil and the deep blue sea —while rising price of crude and fuel price revisions threaten to render them bankrupt, bureaucratic apathy is holding up any possible increase in oil and …

Essar moves SC over transmission charges

Essar Power (EPL) has moved the Supreme Court seeking to set aside the demand of around R400 crore raised by Gujarat Energy Transmission Corporation (GETCO) for transmission and wheeling of electricity from Essar Steel’s (ESL) captive power plants to its steel and power plants. The issue before the court relates …

Vizag to go green

Industries to chip in with 40 lakh plants and saplings To check pollution in the city, which has been listed as one of the most polluted places in India, an ambitious plan, “Green Visakha,” is being launched. Local industries will plant 40 lakh plants and saplings over five years in …

Steel consortium asks PMO for financial help in Hajigak project

The consortium of Indian companies, which has bid for the Hajigak iron ore mine in Afghanistan, has appealed to the Prime Minister’s Office (PMO) for financial assistance in executing the ambitious project. The move comes amid a growing realisation among the companies that they may not be able to mobilise …

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