Latest headlines from leading Indian newspapers covering energy, environment, economy, and policy aspects.
The government has urged steel companies to take advantage of performance linked incentive (PLI) scheme to add new products that can boost exports. The Rs 4,000 crore is part of the total Rs 6,322 crore approved under the scheme for the industry. The Steel Ministry plans to bring in the second round of the PLI scheme by May-end.
Category : Iron and Steel
read moreDomestic steel demand is expected clock a double-digit growth of around 11.3% in FY2023, following an 11.5% growth recorded in FY2022, according to ICRA’s latest research note on the steel sector.
Category : Iron and Steel
read moreSteel CO2 emissions are about 7% of all global emissions, and steel sucks back about 8% of primary energy globally. It’s a big climate change problem and a big energy consumer.
Category : Iron and Steel
read moreJindal Steel & Power has received BIS certification to manufacture India’s First Fire Resistant Steel Structures at its rail mill and special profile mill in Raigarh, Chhattisgarh.
Category : Iron and Steel
read moreThe government on 17 March signed agreements with 27 companies, kick-starting the Rs 6,322-crore production-linked incentive (PLI) scheme for speciality steel which is expected to attract investments of up to Rs 30,000 crore over the next five years.
Category : Iron and Steel
read moreThe $15-billion Essar group is making a quiet but big comeback to the steel industry with a global footprint in three mega projects with an investment of $8 billion over three to four years.
Category : Iron and Steel
read moreThyssenkrupp, the German engineering giant with interests in high-grade electrical steel manufacturing in India, is in talks with the Indian government to explore possibilities for expanding its production capacity, a top company executive said.
Category : Iron and Steel
read moreUnion Minister of Steel and Civil Aviation Jyotiraditya Scindia said that large scale augmentation will be done to double production from present capacity of 150 million tonnes per annum to 300 million tonnes per annum by 2030.
Category : Iron and Steel
read moreUnion Steel Minister Mr Jyotiraditya Scindia said his ministry will push primary steel producers to use 50 per cent of their input from scrapped/recycled steel by 2047 to help achieve the government target of moving into a circular economy.
Category : Iron and Steel
read moreThe paper manufacturing industry wants interest-free loans to develop energy-efficient and environment-friendly technologies to become more competitive
Category : Pulp and Paper
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