Business Line reported that the government of Odisha has asked the state's iron ore merchant miners to supply half of their mined lumps and fine to local standalone units. Early, it had directed merchant miners to allocate 50% of the ore to ...
Business Standard reported that the Odisha government recently found itself in a tight spot over the role of its PSU Odisha Mining Corporation in excess production with the opposition pointing out that the state owned miner had extracted ...
Tags: excess production, OMC, coal Mining
PTI reported that the Department of Steel and Mines in the Odisha government registered collection of mining revenue worth INR 374.76 crore in November. This is lower than the target for the month of INR 382 crore. The sources said that ...
Business Standard reported that with MoU of almost all steel companies pending for renewal and running units battling raw material crunch, the Odisha government has decided that it would not give any commitment on raw material supplies in ...
Tags: steel company, Odisha government, raw material, Metallurgy
Business Line reported that the government of Odisha has asked the state’s iron ore merchant miners to supply half of their mined lumps and fine to local standalone units. Early, it had directed merchant miners to allocate 50% of the ...
Tags: Directs Miners, Iron Ore, Mineral, government of Odisha
Business Standard reported that amid allegations of monopolization of chrome ore trade leveled by the All Odisha Steel Federation against state controlled miner Odisha Mining Corporation, the Odisha government has informed the Competition ...
Tags: chrome ore, chrome ore trade, ore, sponge iron
BS reported that after the shutdown of Vedanta Aluminium’s one million tonne alumina refinery at Lanjigarh on December 5th 2012 the Odisha government seems to have woken up, albeit belatedly to the raw material crisis that has ...
Tags: Vedanta Aluminium, tonne alumina, raw material, steel, mines
Business Standard reported that according to the Sponge Iron Manufacturers Association, the recent clamp down on miners by the Odisha government is likely to affect India’s sponge iron production by around 15% in the current financial ...
Tags: Sponge Iron Manufacturers Association, India, iron production, iron
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
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
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
ET reported that state owned aluminium producer Nalco has funded many educational institutions as part of its corporate social responsibility but no financial assistance has been given to any private university. Mr Dinsha Patel mines ...
Business Line reported that the Monnet Group is giving a re-look to its power business amid uncertainties in the sector. Mr Sandeep Jajodia CMD of Monnet Group said that an earlier target to establish 3,000 MW capacities by 2017 now seems ...
Tags: Monnet Group, power business, power, capacity