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A SAIL plant fuels hope of industrial revival in Bengal

The modernisation of IISCO Steel Plant in Burnpur can be a big boost for the state's industry if ancillary units come up around the plant The event was the completion of the modernisation of SAIL's......

MoEF lifts moratorium on new projects in 8 areas

The Ministry of Environment and Forests, currently under attack for being allegedly too rigid in providing clearances to projects, has lifted an earlier moratorium in this regard on eight more......

SAIL plans 5,000 crore investment

Steel Authority of India said on Thursday it will invest Rs. 5,000 crore (Rs. 50 billion) to develop the mines in Chiria and start mechanised mining in the next three years to feed its plants in......

'We need level playing field in mine allocation'

A global steel producer is putting up 14-million-tonne capacity, Essar Steel aims to achieve a global capacity of 20-25 mt. In an interview with Ishita Ayan Dutt, its chief executive officer, Malay......

Posco turns to SAIL for India plant

After struggling to acquire land for a steel plant in Orissa since 2005, Korean steel giant Pohang Iron and Steel Company (Posco) has found a way of gaining a foothold in India. It has agreed in......

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