PTI reported that Vedanta group is likely to close its one million tonnes alumina refinery at Odisha's Lanjigarh from December 5th 2012 a move which would impact about 7,000 jobs in the Eastern state. The mining conglomerate which runs ...
Tags: jobs in mining, copper mining news, mining, aluminium
Instances of ore production in excess of the tentative annual production quantity indicated in the Mining Plan/Scheme of mining come to the notice of Indian Bureau of Mines during inspections. In terms of section 5(2)(b) of the Mines ...
Tags: ore production, tentative annual production quantity, development work
Business Standard reported that as many as 54 mining leases in Odisha are operating under deemed extension following the expiry of their leases. The expiry period of the leases ranges from 4 to 25 years. According to information given by ...
Tags: expiry period, leases ranges, constitutional machinery
Business standard reported that with 6 out of 8 lessees moving the revision authority under Union mines ministry against the Odisha government in case of violation of Rule 37 under Mineral Concession Rules 1960, the state government is ...
Tags: iron ore price news, government of india, india business news, mining
In a significant move to ensure availability of raw material to industries in Odisha, the State Government has decided that it would be mandatory for mining lessees to sell 50% of iron ore lumps and fines extracted by them but not to put to ...
ON BSE,0.653 million shares were traded in the counter as against average daily volume of 1.194 million shares in the past one quarter. The stock hit a high of INR 139.90 and a low of INR 136.90 so far during the day.The stock had hit a ...
Tags: BSE, Hindalco, Aditya Birla, aluminium rolling
Reeling under serious raw material crises,steel makers in Chhattisgarh want Odisha model in the state for their survival. Mr Anil Nachrani President of Chhattisgarh Sponge Iron Manufacturer's Association said that"We demand the state ...
Tags: raw material crises, steel makers, Odisha model, iron ore
Steel companies that have entered into MoU with the Odisha government have generated direct employment for 27,690 people. Mr Rajani Kant Singh minister of steel&mines said that of this 19,304 jobs have gone to persons within the state ...
Tags: MoU, steel, employment, mines
In a special award ceremony organized,continuing the noble initiative like every year,the POSCO TJ Park Foundation Scholarship has been awarded to meritorious students of BPUT and KIIT University. This year,5 students each from BPUT and ...
Tags: POSCO TJ Park, Scholarship, BPUT, KIIT
Mr Arup Roy Chowdhury CMD of NTPC on the sidelines of PanIIT 2012 as saying that the West Bengal government to sort out land and coal linkage issues for the proposed(800xNTPC Ltd is engaged in discussion with 2)1,600 MW power plant at Katwa ...
Tags: NTPC, sort out land, coal linkage, Katwa project
PTI reported that L&T Infrastructure Development Projects has achieved financial closure for 2 of its road projects in Maharashtra. The company in a statement said that financial closure for the projects which will be funded by an ICICI ...
Tags: PTI, L&T Infrastructure Development Projects, road projects
A key resolution opposing FDI in retail was adopted on the inaugural day of the 8th National Conference of the CITU affiliated Steel Workers'Federation of India. The speakers at the 3 day conference flayed the economic policies of the ...
Tags: FDI, CITU, Steel Workers, conference
PTI reported that the National Green Tribunal has directed an iron and steel plant near an airport in Jharsuguda district of Odisha be not allowed to reopen till allegations against it of polluting the environment and being a hazard to ...
Tags: PTI, National Green Tribunal, iron plant, steel plant
Visa Steel, which went into a corporate debt restructuring program 2 months ago, might try to bring in a strategic investor in its core long steel business. Mr Vishal Agarwal MD of Visa Steel said that "In the special steel business, we ...
Tags: Visa Steel, core long steel, steel business, raw material
National Aluminium Limited the Bhubaneswar-based integrated PSU aluminium maker, is yet to resume operations at its bauxite mine at Panchpatmali in Koraput district of Odisha. Mine operations stopped on November 17th 2012 in the absence of ...