An accident inside a furnace at a private steel plant in Chhattisgarh's Raipur resulted in the death of six people and injuries to several others. The incident occurred during cleaning work inside the furnace.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help India reduce fuel consumption, emissions, and improve equipment performance by using water in a fuel-oil-water emulsion.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water in fuel.
A Monaco-based fuel technology company, FOWE Eco Solutions, claims its patented Cavitech fuel emulsion technology can help industries slash fuel consumption, reduce emissions, and improve equipment performance by using water.
Tata Steel reported a significant 124.9 per cent year-on-year increase in consolidated net profit to 2,925.74 crore for the fourth quarter of FY26, driven by higher volumes and an improved product mix in India, alongside planned cost reductions across its global operations.
Chhattisgarh police have filed an FIR against Vedanta Group chairman Anil Agarwal and others following a deadly explosion at the company's power plant in Sakti district, which resulted in 20 fatalities and several injuries.
The death toll in the Vedanta power plant blast in Chhattisgarh's Sakti district has risen to 24, with one more worker succumbing to injuries. An investigation is underway to determine the cause of the explosion, which occurred in a steel tube carrying high-pressure steam.
A preliminary investigation into the Vedanta power plant explosion in Chhattisgarh points to excessive fuel accumulation as the primary cause, leading to a deadly pressure build-up.
Tata Steel is strategically positioned for growth, leveraging India's robust steel demand, significant cost transformation programmes, and favourable protectionist policies in the EU and UK. The company is expanding its India capacity and optimising operations in its European units to enhance profitability and reduce debt.
Chhattisgarh police have filed an FIR against management officials and others following a deadly explosion at a Vedanta power plant in Sakti district that resulted in 20 fatalities.
Jindal Steel has successfully deployed syngas in its galvanising and colour coating line furnaces to combat shortages of natural gas, LPG, and propane. This innovative approach allows the company to sustain operations and promotes energy self-reliance.
The death toll from the April 14 blast at Vedanta's power plant in Chhattisgarh's Sakti district has risen to 21, with several others hospitalised. Investigations are underway to determine the cause of the explosion, with preliminary findings pointing to excessive fuel accumulation in the boiler furnace.
During his visit to the Bastar district headquarters in the poll-bound state, the prime minister is scheduled to address a Bharatiya Janata Party rally.
The Tata group has decided to set up a mega steel plant in the naxal infested Bastar region of Chhattisgarh with an investment of about Rs 5000 crore (Rs 50 billion).
The plant, which will become operational in 50 months time, will be a joint venture between China's leading Wuhan Iron and Steel Group and the Guangxi regional administration's agency for the management of state assets. The setting up of the steel plant is a part of major moves by China to reorganise its steel sector to make it more competitive.
India's leading passenger vehicle manufacturers are significantly increasing investments and factory capacities, alongside planning major product launches for FY27, driven by strong confidence in sustained domestic demand growth despite global geopolitical tensions and supply chain risks.
The country's largest steel producer has targeted to install an annual production capacity of about 23 million tonnes against the present 14 million tonnes.
The company got possession of land in Karnataka for Rs 30,000-crore steel plant, six years after it announced grand India plans.
State-owned SAIL would set up a steel plant in joint venture with South Korean major Posco for which it had already inked an MoU, its chairman S K Roongta said.
Torpa is looking for a second chance to migrate from a poor village to a modern urban cluster but tension is building between those who want development and those against it. For two decades, National Hydel Power Corporation (NHPC) proposed, and some local tribal groups opposed, the setting up of the Koel-Karo hydro-electric project there, and it was finally abandoned last year.
Prime Minister Narendra Modi had in June dedicated the modernised and expanded Bhilai Steel Plant to the nation.
Jindal Steel is planning to set up a new steel plant in West Bengal at an investment of Rs 10,000-12,000 crore (Rs 100-120 billion).
NMDC Ltd has decided to set up its second steel plant in Chhattisgarh and is in talks with two companies to form a joint venture. One of them is Tata Steel.
With the government looking to divest loss-making steel assets, significant interest from secondary players is most likely this time apart from the anticipated list of large integrated primary steel producers, said industry experts. Rashtriya Ispat Nigam Limited (RINL), Neelachal Ispat Nigam Ltd (NINL), NMDC Integrated Steel Plant (NISP)-Nagarnar, Ferro Scrap Nigam Ltd and three units of Steel Authority of India (SAIL) - Alloy Steels Plant, Durgapur; Visvesvaraya Iron and Steel Plant, Bhadravati; and Salem Steel Plant, Salem - constitute the divestment list. All the three units of SAIL have been loss-making for more than five years.
The L N Mittal-led giant is also said to be looking for a tie-up with Grupo Villacero, a steel distribution company in Mexico.
The Tata Sponge Iron Ltd has plans to set up a Rs 1,000 crore (Rs 10 billlion) expansion project within the next ten years, including a 1 million tonne steel plant.
The Andhra Pradesh government on Thursday ordered an inquiry under the Factories Act into the blast that killed 11 people in the Visakhapatnam Steel Plant. Chief Minister N Kiran Kumar Reddy expressed "shock and anguish" over the incident and directed the authorities concerned to conduct an inquiry and submit a report immediately.
The Supreme Court on Friday cleared South Korean steel major Posco's plans to set up a Rs 51,000 crore (Rs 510 billion) mega steel plant and captive minor port in Paradeep, Orissa.A special environmental bench headed by Chief Justice K G Balakrishnan allowed Posco India Pvt Ltd, a subsidiary of Korea-based Posco, to go ahead with the project, for which an agreement was signed with Orissa government on June 22, 2005.
The leakage occurred from the blast furnace area-two of the steel plant and the affected were rushed to Bokaro General Hospital
Chandrababu Naidu has reorganised the Telugu Desam Party (TDP), appointing his son Nara Lokesh as working president and emphasising a blend of experienced and new leaders to strengthen the party.
After a gap of nine months, the Orissa government on Wednesday resumed land acquisition work for the Rs 52,000-crore (Rs 520-billion) Posco steel plant, amidst tight security even as those opposed to the project started thronging the area.
Altogether eight teams comprising six members each entered Gobindpur gram panchayat area in Jagatsinghpur district and conducted socio-economic and forest land survey without police protection, a senior official said.
Escalating geopolitical tensions in West Asia are beginning to disrupt India's automotive supply chain, leading to rising commodity prices, logistics bottlenecks, material shortages, and pressure on consumer demand, with two-wheeler makers already raising prices.
The report says that SAIL had started clearing forests, but since October, 2010, it could cut down only 12 trees till now.
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