Untitled Document

Excon, Excon 2011 Biggest Construction Equipment Trade fair India.

 
EPC World
Find all the latest updates on construction, construction equipments, softwares, infrastructure news, global trade shows, and get deep insights into the construction & infrastructure industry.
   
 
breaking news IRB Infrastructure Forms JV with Reliance Infrastructure for NHAI project | JSW raises Rs1849 cr via warrants issue | NTPC may buy stake in Australian coal mines | RIL plansto invest US $4 bnover 3 yrs for broadband | TATA Metaliks to construct 3mt steel project in Karnataka | Vizag Port in pact with Sterlite SAIL and Essar for integrated logistics hub | Sarguja UPMM in Chattisgarh delayed due to environment clearance |Chhattisgarh to plant six crore saplings this monsoon |Reliance Ind to infuse $3 bn to expand petrochem unit in Gujarat | Govtfavors 10% disinvestment in Coal India, Hindustan Copper
www.epcworld.in
 
EPCworld Magazine
IVRCL Infra bags Rs 583 cr water projects | Govt signs agreements with World Bank for three projects |Thermax enters into JV with SPX Corp | HCL Tech, Optimation sign partnership deal | GEECL likely to bid for CBM-IV blocks
Steel  

Steel ministry hunts coal blocks for MOIL, KIOCL

 
7/18/2009 1:57:00 PM

New Delhi, Aug (EPC News): The steel ministry has sought coal blocks for two of its mining PSUs - MOIL and KIOCL - so that they meet the fuel requirement of various steel firms, reeling under the shortage of the dry fuel.

In a letter written to the coal ministry, the steel ministry has asked for coal blocks for the two firms, which will mine the blocks and supply coal to the steel firms. “We have asked the coal ministry to give coal blocks to Manganese Ore India Ltd (MOIL) and Kudremukh Iron Ore Company Ltd (KIOCL) which have experience in mining. Blocks given will cater to the fuel requirement of steel firms exclusively,” Steel Secretary, P K Rastogi said. Separately, the steel ministry has asked the two firms to apply for coal blocks with the ministry of coal, he said. Steel companies have been complaining of shortage of coal to run their plants. While coking coal is used in the process of steel making, non-coking or thermal coal is used to run the captive power plants. In a meeting of the inter-ministerial group on steel yesterday, leading steel producers such as SAIL, Tata Steel, JSW Steel pointed out coal shortage as one of the primary reasons hurting their production targets. The delay in allotment of coal blocks for captive was also hitting their growth plans. “They said that only 50% of their coal requirement is being met at present and the steel ministry should do something about it,” Rastogi added.

 
 
www.epcworld.in
 
 
subscribe online
Advisory Panel
Advisory Panel
 
 
www.epcworld.in