Last Updated: Tuesday, August 11, 2015, 19:57
It will initially build 1.5 million tonne per annum (MTPA) plant with a new technology from Posco at a cost of about USD 1.5 billion.
Last Updated: Sunday, July 26, 2015, 10:49
Mesco Steel through its arm Mideast Integrated Steels Ltd (MISL) had set up a steel plant of 1.2 MT per annum (MTPA) capacity in Kalinga Nagar, Odisha.
Last Updated: Sunday, June 7, 2015, 17:35
"The AFISCO project has been put in cold storage. There are several issues. First, it is about the security of the personnel in that country. Then there is a question of economic feasibility as it is difficult to operate there due to a continuous conflict hurting the basic infrastructure," the source said.
Last Updated: Tuesday, May 26, 2015, 18:11
The iron ore mines for the project was sent just three days before the new MMDR Act came into being, by then it was clear that mines would be allocated through auction route following modifications in the law.
Last Updated: Friday, May 22, 2015, 20:43
NRI billionaire Lakshmi Mittal-led ArcelorMittal on Friday partnered PSU giant SAIL to set up an automotive steel plant with an estimated Rs 5,000 crore investment, taking a fresh shot at entering India after nearly a decade-long wait for its earlier projects to take off.
Last Updated: Sunday, May 10, 2015, 16:50
India would have to work for increasing production, value addition to mineral resources and developing the skills of youths to fight poverty in the country, Prime Minister Narendra Modi said Sunday.
Last Updated: Sunday, May 10, 2015, 15:12
Modi said the government`s decision to auction coal has led to states getting richer and using the royalty money from the mines for the welfare of the people.
Last Updated: Sunday, May 10, 2015, 09:45
In his maiden visit to West Bengal as Prime Minister, Narendra Modi on Sunday dedicated the Rs 16,000-crore revamped and modernised IISCO Steel plant at Burnpur to the nation.
Last Updated: Saturday, May 9, 2015, 19:24
The event can be seen as a sign of renewed industrialisation drive in West Bengal after the revival of the steel plant.
Last Updated: Monday, May 4, 2015, 08:29
Union Minister of Steel, Mines, Narendra Singh Tomar on Sunday said the government has planned to set up four steel plants in Jharkhand, Karnataka, Odisha and Chhatisgarh.
Last Updated: Monday, April 20, 2015, 16:07
"SAIL and Posco recently discussed possible collaboration opportunities including setting up of an integrated steel plant," Minister of Steel and Mines Narendra Singh Tomar told Lok Sabha in a written reply.
Last Updated: Wednesday, April 15, 2015, 15:28
The plant is being operated at full capacity and has begun supplying power to the eight million tons per annum pellet plant, the company said in a statement.
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