The government of the Indian state of Orissa has received eight proposals from companies keen to start coal mining in the Angul district in the centre of the state. Terms and conditions have now been issued for four of the applications while four others are still under process.
Steel and mines minister Raghunath Mohanty said that Jindal Steel and Power Ltd (JSPL), Monnet Ispat and Energy Ltd., Utkal Coal, Kalinga Mines Ltd have been issued terms and conditions for coal mining while National Aluminium Company Ltd (Nalco), Tata Sponge Iron Ltd, Bhushan Steel Ltd and Mandakini Coal Ltd are all having their applications considered.
Jindal Steel and Power Ltd (JSPL) and Monnet Ispat and Energy Ltd both propose to set up steel plants in Angul district. JSPL has signed a memorandum of understanding (MoU) for the establishment of a 6 million tonne per annum (mtpa) splant while Monnet Ispat is to set up a 0.25 mtpa steel plant.
Showing posts with label monnet. Show all posts
Showing posts with label monnet. Show all posts
Wednesday, March 17, 2010
Monday, July 7, 2008
Indian Government Allocates 23 Coal Blocks
The Indian government is understood to have approved the allocation of 23 coking and non-coking coal blocks to leading steel, cement and power producers, including Essar, JSPL, Grasim, Monnet and Ispat.
While four coking coal blocks have been allocated in Madhya Pradesh, the other 19 non-coking blocks are in West Bengal, Madhya Pradesh, Chhatisgarh, Jharkhand, Maharashtra and Andhra Pradesh, according to the Press Trust of India.
In its meeting held last week, the Screening Committee of the Coal Ministry, headed by Coal Secretary H C Gupta, decided to allocate the Behrabandh coking coal block to Vinod Mittal-led Ispat Industries on a sharing basis with Essar, Mukund Steel and Ind Synergy.
Of the total 170 million tons reserves, Ispat Industries was allocated 70 million tons, while Essar and Mukund 53 and 25 million tons respectively. Orissa's Ind Synergy got the rest.
Coking coal is a major raw material for steel making in addition to iron ore.
The committee has also approved the Urtan coking coal block, which has an estimated reserves of about 42 million tons, to Jindal Steel and Power Ltd and Monnet Ispat on a sharing basis.
The Urtan North coking coal block with estimated reserves of about 54 million tons was approved for Bhushan Steel and Prakash Industries.
Of the major non-coking coal blocks, Moira and Madhujore (North and South) in West Bengal were allocated to Adhunik Group on a sharing basis with Uttam Galva, ACC, Vikas Metal and Power Ltd, Mideast Integrated and Ramsarup Lohh Udyog.
The block has a reserve of over 685 million tons, of which Adhunik Group was allocated the maximum 30 per cent of the total reserves.
Source: Press Trust Of India
While four coking coal blocks have been allocated in Madhya Pradesh, the other 19 non-coking blocks are in West Bengal, Madhya Pradesh, Chhatisgarh, Jharkhand, Maharashtra and Andhra Pradesh, according to the Press Trust of India.
In its meeting held last week, the Screening Committee of the Coal Ministry, headed by Coal Secretary H C Gupta, decided to allocate the Behrabandh coking coal block to Vinod Mittal-led Ispat Industries on a sharing basis with Essar, Mukund Steel and Ind Synergy.
Of the total 170 million tons reserves, Ispat Industries was allocated 70 million tons, while Essar and Mukund 53 and 25 million tons respectively. Orissa's Ind Synergy got the rest.
Coking coal is a major raw material for steel making in addition to iron ore.
The committee has also approved the Urtan coking coal block, which has an estimated reserves of about 42 million tons, to Jindal Steel and Power Ltd and Monnet Ispat on a sharing basis.
The Urtan North coking coal block with estimated reserves of about 54 million tons was approved for Bhushan Steel and Prakash Industries.
Of the major non-coking coal blocks, Moira and Madhujore (North and South) in West Bengal were allocated to Adhunik Group on a sharing basis with Uttam Galva, ACC, Vikas Metal and Power Ltd, Mideast Integrated and Ramsarup Lohh Udyog.
The block has a reserve of over 685 million tons, of which Adhunik Group was allocated the maximum 30 per cent of the total reserves.
Source: Press Trust Of India
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