These units would soon turn older than 25 years and can't be retrofitted to meet new emission norms

Tata Power, Reliance Power, ArcelorMittal, Jindal Steel & Power and Monnet Ispat & Energy are among 60 companies that face the risk of cancellation of mining licences for being slow in

NEW DELHI: A seven-member consortium of Indian companies led by Steel Authority of India has bagged the rights to mine iron ore at Hajigak in Afghanistan, said to contain the world's second-largest

Public sector steel major SAIL has dropped its plan to set up a stainless steel special economic zone (SEZ) at Salem in Tamil Nadu. Instead, the company has decided to set up a wind energy plant to meet its renewable energy requirement.
The government-owned steel major has already invited the expression of interests (EoIs) from private energy firms to develop the wind energy unit, according to sources privy to the development.

Vedanta Aluminum Ltd (VAL) is open to make a fresh proposal to obtain environmental clearance for the expansion plans at its aluminum unit in Lanjigarh, Orissa. However, the company said it wanted the government to consider its application on par with other companies like Lavasa, Posco, SAIL and Jindal Power Ltd, who had recently got a green nod for their projects.

New Delhi The new mining Bill cleared by a group of ministers last week envisaging direct benefit to people from the minerals underneath the land they own, also has a provision for setting up a clutch of ultra mega mining plants (UMMPs) in the country.

As per the proposal, state governments will identify locations for large mines with respect to specific minerals such as iron ore, bauxite, chro

Move to incentivise steel plants that invest in improving iron ore facilities

State-owned Steel Authority of India Ltd (SAIL) is in talks with South Korean steel major Posco and Japan's Kobe Steel for technology tie-ups to jointly set up steel plants, Parliament was informed today.

SAIL and South Korea

Rebuffs private steel companies.

In a big setback for private steel companies, the Jharkhand government has written to Steel Authority of India Ltd (SAIL), agreeing to renew the Buddhaburu lease