Steel Authority of India (SAIL)

First food: business of taste

Good Food is First Food. It is not junk food. It is the food that connects nature and nutrition with livelihoods. This food is good for our health; it comes from the rich biodiversity of our regions; it provides employment to people. Most importantly, cooking and eating give us pleasure. …
  • 31/12/2028

Coal scam: CBI to probe role of PSU officials

New Delhi The Central Bureau of Investigation (CBI) will further widen the scope of its investigations into the coal block allocation scam by looking into the role of officials of Central and state sector PSUs, including NTPC, SAIL and a host of state mineral development corporations. These utilities had got …

Durgapur Steel output up 5% in first-half

SAIL unit, Durgapur Steel Plant (DSP), recorded a five per cent steel output growth in the first half of 2012-13 against the first-half production of the previous year. The production of special steel and value-added products, however, grew by 17 per cent over H1 of last year and constituted 77 …

Durgapur Steel holds users’ meet

Durgapur Steel Plant, a unit of SAIL, on Wednesday met a number of downstream coal chemical (tar and benzol products) users in an interactive session. A cross section of the customers from across the country attended the meet to provide their inputs. P. K. Singh, CEO of DSP said: “This …

India for control is Posco, Severstal JV

New Delhi The Steel Ministry today said Posco and Severstal cannot have majority stakes in their proposed joint ventures with state-run SAIL and NMDC respectively, envisaging a total investment of Rs 36,000 crore. "Talks are going on. There are problems in regards to the shareholding. But, we can't give them …

Ban on Ore Exports from Captive Mines

The central government has banned states from allowing sale or export of iron ore by companies granted mining leases for own steel production. “The entire ore produced in the mining operation (of captive mines) shall be used exclusively for own consumption in iron or steel making and cannot be either …

Diesel dearer by Rs 5/litre, 6-refill cap on LPG subsidy

Biting the fuel price hike bullet, the Manmohan Singh government today decided to increase diesel prices by Rs 5 per litre but left kerosene and petrol prices untouched. In a bid to partially plug the subsidy hole owing to cooking gas, the government also decided to limit the number of …

2 Blocks were Given After Coal Bill was Introduced in Parliament: BJP MP

Ahir alleges 2 ‘Coal To Liquid’ project allocated in 2009 without panel nod BJP has punched holes in the government’s claim that all allocations of coal blocks were cleared by the steering committee. It said allotments were made to two private companies for Coal To Liquid (CTL) project in 2009 …

Durgapur Steel Plant posts best Aug performance ever

Durgapur Steel Plant of SAIL achieved record August performance since its inception in all important product categories. The production of hot metal, crude steel and saleable steel were 105 per cent, 103 per cent and 96 per cent of the targets, respectively. The plant also witnessed the best August performance …

Iron units yet to act on govt’s offer of CBM

The state government had offered lucrative packages to sponge iron units to switch to coal-bed methane (CBM) as an alternate fuel, but none of the units came up with a proposal, rued state environment minister Sudarshan Ghosh Dastidar during the release of a report on the iron and steel sector …

Miners look to pellet making as iron ore fines exports drop

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 …

BSF personnel to guard Rowghat iron ore mine

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 Cobra force beside Chhattisgarh policemen will straddle the Rowghat iron ore mines in the state to ensure Steel Authority …

Stalemate on proposed SAIL-Posco, NMDC-Severstal JVs continues

However, Chairman of SAIL, NMDC positive about development Differences on shareholding issue continue to come in the way of formation of two steel-making joint ventures--SAIL-Posco and NMDC-Severstal--involving over Rs 35,000 crore investment, as both the overseas firms are insisting on owning majority stakes in them. Though differences between the two …

Hearings must for mine lease renewal

The ministry of environment and forests (MoEF) is planning to make public hearings mandatory for all mining licences coming up for renewal or where the mine is going in for expansion. The move is expected to add another layer of control over mining activities at a time when the Prime …

Greening steel-making

Perspectives of industries and non-government bodies often differ on environment protection norms. While NGOs insist on putting in place the most stringent environment safety standards, industries often find it difficult to comply with such norms. Similarly, the Centre for Science and Environment (CSE), a non-government organisation, and public sector steel …

SAIL to outsource development of Rowghat, Chiria mines

Kolkata Steel maker SAIL has decided to outsource development of two huge virgin iron ore mines at Rowghat in Chhattisgarh and Chiria in Jharkhand, a company official has said. ‘‘Rowghat—which will have a capacity of 14 million tonne per annum and Chiria— 15 mt are crucial for SAIL’s capacity expansion,’’ …

SAIL to outsource development of two virgin mines

Outsourcing would reduce SAIL's mine development investment by around Rs 2,500 crore Steel maker SAIL has decided to outsource the development of two huge virgin iron ore mines at Rowghat in Chhatisgarh and Chiria in Jharkhand, a company official has said. "Rowghat, which will have a capacity of 14 million …

ICVL and overseas acquisition

500 mn tonne worth of coal mines is target for acquisitions by 2020 International Coal Ventures Limited, or ICVL, was the epitome of India’s babudom running public sector undertakings (PSUs). Five major public PSUs — NTPC, SAIL, NMDC, Coal India and Rashtriya Ispat Nigam (RINL) — with a war chest …

Piped water hope for Saranda

Ranchi, July 24: The Saranda villagers’ wish of getting piped water and toilets at their houses may actually get fulfilled. Engineer-in-chief of the state drinking water and sanitation department (DWSD) Shardendu Narayan, who visited two panchayats — Lilor and Makranda — in Saranda forest area under West Singhbhum’s Manoharpur block …

Cabinet approves import duty on power equipment

New Delhi The government on Thursday approved a proposal for divestment of 10.82% government stake in steel major SAIL and decided to impose an effective duty of 22.3% on import of power equipment — a move that would help public sector BHEL and private firm L&T.; Sources said the Cabinet …

SAIL, Nalco & Hind Copper to jointly bid for Afghan gold, copper mines

Monnet Ispat and Jindal Steel have also been shortlisted by the Afghan Govt Aluminium producer Nalco, in consortium with steel major SAIL and Hindustan Copper, will submit a bid for developing gold and copper deposits in Afghanistan this month, a top company official said on Wednesday. The consortium of Indian …

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