Imports

Strategy paper on coal import substitution: Inter-ministerial committee report

The “Strategy paper on Coal Import Substitution” has been prepared as a report of the IMC (Inter-Ministerial Committee). The paper focusses on the present energy mix of the country, domestic coal production, trends and projections, import trends (sector-wise), coal import substitution measures already taken by the Government and most importantly, …

SAIL, Kobe Steel to enter JV for Iron Nugget Plant

Cos to use Kobe’s patented technology; plant to come up on SAIL’s alloy steels plant in Durgapur. India’s largest steelmaker Steel Authority of India Limited (SAIL) and Japan's Kobe Steel have signed an agreement to set up half a million tonne iron nugget plant using the Japanese steelmaker’s patented technology. …

Govt conducts census for 5 cr food operators in country

New Delhi In its bid to regulate the food sector, the government has launched a census for food business operators in the country. This exercise to collect basic information on major, medium and petty food business operators is being undertaken by the Food Safety and Standards Authority of India (FSSAI) …

Ban import of hazardous substances: SC to govt

New Delhi, 6 JULY: The Supreme Court today directed the Centre to ban imports of all substances identified and declared to be hazardous or toxic wastes under the Basel Convention and its protocols. A Bench of Justices Altamas Kabir and J Chelameshwar also asked the Central Government to bring the …

Ban toxic imports, SC tells government

NEW DELHI: The Supreme Court on Friday directed the government to ban the import of toxic wastes which had been identified and declared hazardous under an international convention. The court said this while disposing a petition by the Research Foundation for Science Technology and Natural Resources Policy. The petition sought …

Urea import rule eased for fertiliser use

The government last week allowed private companies to import urea for preparation of complex fertilisers used in agriculture. Till now, such companies could only import urea for industrial use, in preparation of chemicals. For agricultural purposes, private companies used to source urea from imports made by government canalising agents, such …

Posco submits revised land plan for 8 MTPA steel plant

Posco-India, which had initially proposed to invest $12 billion to set up a 12-million-tonne per annum (MTPA) steel plant on 4,004 acres of land near Paradip in Orissa, has submitted a revised proposal to the state government seeking transfer of 2,700 acre land in its favour for establishing a 8 …

Imported coal 4-times dearer, will jack up production cost

LUCKNOW: Even as chief minister Akhilesh Yadav has given a conditional nod to import of coal for the power plants in the state, experts claim the move would escalate the power cost by around 40-60%. The CM on Tuesday told the UP assembly that the government would consider the competitiveness …

India extends ban on milk import from China for one year

The government has extended ban on import of milk and its production from China for one more year. A notification to this effect was issued by the Directorate General of Foreign Trade late Monday evening which says that milk and its products would continue to be banned from China until …

Coal shortage, approval delays: Power cos look abroad

Mumbai Shortage of domestic coal, coupled with high cost of imports and delays in receiving approvals, are pushing Indian power producers to build plants overseas or bid for them. India's largest private power producer Tata Power is now evaluating Vietnam, Indonesia, Turkey, Africa and West Asia to build coal, gas …

R-Power loses case against discoms over Andhra UMPP

Procurers to encash bank guarantee, company appeals against single judge order applies for arbitration on the tariff issue In a setback to the Anil Dhirubhai Ambani Group-controlled Reliance Power, the Delhi High Court on Monday dismissed a writ petition against a Rs 400-crore penalty notice served by the power procurers …

Draft Bill on farmers’ welfare

Chandigarh: The Law Commission has prepared a draft Bill called “Farmers and Agriculture Labour Welfare Cess”. Amarjit Singh, member of the commission, says the draft will be on the commission's site soon. During an interaction session at the Centre for Research in Rural and Industrial Development (CRRID) here, Amarjit Singh …

NTPC agrees to sign fuel supply pact with Coal India

PMO is believed to have accepted the demand of Coal India to lower the minimum supply level to 65% from 80% State-run NTPC today said it would abide by the Prime Minister's Office directive of signing the fuel supply agreement with Coal India at a minimum assured supply of 65%. …

Power Min may finalise bidding norms for new projects this week

Norms' amendment will fast-track the awarding of new thermal plants Power Ministry may finalise the amended bidding guidelines for new electricity generation projects this week, a move that is expected to fast-track the awarding of new thermal plants. In an inter-ministerial meeting on June 28, the Ministry of Power is …

Essar reduces Iran oil imports, takes losses on SC verdict

Mumbai London-listed Essar Energy said it has reduced its dependence on crude imports from Iran for its refinery in Gujarat, amid mounting US pressure to curtail Iranian imports. “Our imports today from Iran is in very small quantities, as an expansion at our Vadinar refinery enables us process ultra-heavy crude …

US to Count its Chickens at WTO, Take on India For Banning Poultry

The US will formally fight India at the World Trade Organisation over import restrictions imposed by New Delhi on poultry products from countries reporting outbreak of low-intensity bird flu, hoping to grab the country’s growing market for chicken legs. The dispute settlement body of the WTO on Monday accepted Washington’s …

E-Waste law: New paradigm or business as usual?

The new e-waste rules notified by the government are an important step forward. However, loopholes which allow producers to evade their responsibility and the informal sector to evade environmental and health controls need to be addressed. It is also important to create mass awareness and make it easier for the …

Troubled US-India-Iran Triangle

New Delhi has to fully factor in its regional strategic and energy needs in its relationship with the US The US recently took the Iran-sanctions monkey off India’s back: it granted India — but not China and Singapore — an exemption from Iran-related financial sanctions in exchange for significant cuts …

GAIL wants US to relax norms for more LNG imports

On the heels of sewing the nation’s first gas import deal from the US, state-owned GAIL India wants Washington to relax rules so that it can buy more liquefied natural gas (LNG) to meet growing energy needs here. Gas-surplus US at present allows exports of small amounts of natural gas. …

Duty on power equipment set to be approved

New Delhi After being held up for over four months, the government will finally approve a proposal to levy import duty on power equipment to protect the interest of domestic engineering firms such as Bhel and L&T from an onslaught of cheap imports from China. The Prime Minister's Office (PMO) …

Power Ministry to float new note calling for duty on imported gear

The Prime Minister’s Office (PMO) has directed the Power Ministry to float a new Cabinet note on hiking the duty on the import of power equipment into the country. The move is aimed at countering the surge in imports, mainly from China, and to provide a level-playing field to domestic …

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