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Thread: Ministry of Steel - Press Releases - 2011.

  1. #11
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    Thumbs up Greenfield and Expansion Projects.

    Press Releases

    03, February 2011

    Greenfield and Expansion Projects

    Steel is a deregulated sector. The role of Government is that of a facilitator. As far as the setting up of steel investments are concerned, the size and type of steel capacity expansion projects are decided by the individual investors on techno-commercial considerations. Currently, a large number of major steel investment projects are at various stages of progress, both in Greenfield (new projects) and brownfield (capacity expansion of existing plants) areas. Based on the information furnished by the individual companies, the likely scenario of steel production capacity in India has been prepared in the Ministry of Steel (Annexure-I).

    The details of Public Sector Steel Units is as under: -

    Steel Authority of India Ltd.(SAIL): - SAIL operates 9 captive iron ore mines to meet its requirement. These mines have been allocated to SAIL more than four decades ago. In order to meet increased iron ore requirement, capacity of existing mines is being expanded and new mines are proposed to be developed at chiria and Rowghat subject to availability of forest & environmental clearance for Chiria. In view of depleting iron ore reserves at Dalli-Rajhara mines, which supply iron ore to Bhilai Steel plant, SAIL has been granted Mining Lease (ML) for Rowghat deposite in 2009 as an alternative source of iron ore for Bhilai Steel Plant.

    Rashtriya Ispat Nigal Ltd.: - RINL has applied for 18 mining leases (ML) / prospecting leases(PL) in the state of Andhra Pradesh, Jharkhand, Orissa, Rajasthan and Chhattisgarh. The company has not been allocated any mining lease.

    NMDC Ltd.: - NMDC has applied to the Government of Chhattisgarh for grant of mining lease (ML) of deposit 4 at Bailadila, for its proposed steel plant in Chhattisgarh.

    As per the information available in the Ministry of Steel in respect of private sector, the details of requirement of iron ore (as per Memorandum of Understanding) and iron ore mining leases approved and lease to be executed in respect of major steel companies and are enclosed at Annexure-II.
    Annexure I

    Likely Steel Production Capacity by December 2012

    (Crude steel capacity in million tonne)

    Investor Existing Capacity Brownfield expansion
    Greenfield Total capacity likely by December 2012
    Steel Authority of India Ltd. 12.84 8.56 - 21.40
    Rashtriya Ispat Nigam Ltd. 2.90 3.40 - 6.30
    Tata Steel Ltd. 6.80 3.20 3.0 * 13.00 *
    Essar Steel Ltd. 4.60 3.9 6.0* 14.5*
    JSW Steel Ltd. 6.60 4.40 - 11.00
    Jindal Steel & Power Ltd. 2.40 4.80 3.25 10.45
    Ispat Industries Ltd. 3.60 0.60 - 4.20
    POSCO India Ltd. - - - -
    Arcellor-Mittal - - - -
    NMDC Ltd. - - - -
    Bhushan Power & Steel Ltd. 1.2 1.60 2.80
    Bhushan Steel Ltd. 0.80 2.20 3.00
    Others & Secondary 31.00 3.2 - 34.2
    Total 72.76 35.86 12.25 120.87

    * Tata Steel (Kalinga Nagar-Orissa) and Essar Steel(Paradeep-Orissa) greenfield projects are likely to be delayed beyond 2012.

    Annexure II

    A. Requirement of iron ore (as per Memorandum of Understanding)

    S. No. Name of the company location Requirement of Iron ore
    1 Essar Steel Ltd.,
    Jharkhand 79.00 lakh tonne per annum
    Chhattisgarh 51.20 lakh tonne per annum
    Orissa NA
    2. M/s. Jindal Steel & Power Ltd.,
    Jharkhand 91.25 lakh tonne per annum
    Chhattisgarh 19.60 lakh tonne per annum
    Chhattisgarh (Expansion) 51.20 lakh tonne per annum
    Orissa NA
    3. M/s. Bhushna Power & Steel Ltd.,
    Jharkhand 41.95 lakh tonne per annum
    Chhattisgarh 19.20 lakh tonne per annum
    Orissa 1.92 million tonne per annum
    4. M/s. Tata Steel Ltd.
    (Green Field Project)Jharkhand 36.40 million tonne per annum
    Chhattisgarh 80.00 lakh tonne per annum
    Orissa 4.8 million tonne per annum
    5. M/s. Tata Steel Ltd. (Expansion), Jharkhand NA
    6. M/s. Arcellor-Mittal, Jharkhand NA
    Orissa 9.6 million tonne per annum
    7. M/s. JSW Steel Ltd., Jharkhand 2.60 million tonne per annum
    West Bengal 16.00 million tonne per annum
    8. M/s. Posco India Ltd., Orissa NA
    Ispat Industries Ltd., Jharkhand 60.00 lakh tonne per annum
    9. Bhushan Steel Ltd. West Bengal 4.00 million tonne per annum
    Orissa NA
    (Source: Respective State Government)

    B. Approved and Lease to be executed to major iron and steel companies (Year 2008-2010): -

    S. No Name of the lease and State Mineral Location and district of the lease Area (Hect.) Approved on
    1. M/s. Jindal Steel and Power Ltd.,(PL) Chhattisgarh Iron Ore Bailadila Forest Range, Dantewada 1162 01.10.09
    2. M/s. Tata Steel Ltd.(PL), Maharashtra Iron Ore Maseli, Gadchiroli 131.1 22.12.08
    3 M/s. Ispat Industries Ltd.(PL), Maharashtra Iron Ore Bhamragad Range, Gadchiroli 463 25.09.09
    4 M/s. Essar Steel Ltd., (PL)Maharashtra Iron Ore Purhurmeta, Gadchiroli 400 25.09.09
    5 M/s. Ispat Industries Ltd.(ML), Jharkhand Iron Ore, Manganese Ore Latua R.F. / Raika Singhbhum (West) 520 08.07.08
    6 M/s. Arcellor Mittal india Ltd.(ML), Jharkhand Iron Ore, Manganese Ore Meghahatuburu, Singhbhum (West) 500 Acre 05.06.08
    7 M/s. JSW Steel Ltd.(ML), Jharkhand Iron Ore, Manganese Ore Ankua Reserved Forest, Singhbhum (West) 999.9 05.09.08
    8 M/s. Tata Steel Ltd. (PL), Jharkhnad Iron Ore Ankua (R.F.), Singhbhum(West) 1808 16.04.08
    9 M/s. Arcellor Mittal India Manganese Ore, Iron Ore Karampda, Singhbhum(West) 662.95 06.04.10

    (Source: Ministry of Mines website)

  2. #12
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    Thumbs up Vice President to Confer National Geoscience Award.

    Press Releases

    03, February 2011

    Vice President to Confer National Geoscience Award


    The Vice President, Shri M. Hamid Ansari, will confer the National Geoscience Award here tomorrow to various organizations working in the field of basic and applied geoscience in the country. Shri Dinsha J. Patel, Minister of States of Mines, will preside over the function.

    The National Geoscience Award is a prestigious award of Ministry of Mines in the field of basic and applied geosciences. Awards are given in sixteen fields covering Mineral Discovery & Exploration, Mining Technology, Mineral beneficiation, Sustainable Mineral Development, Basic Geoscience and Applied Geoscience including Geo-environmental Studies & Disaster Management etc. The Awards carry a certificate, citation, trophy and a cash prize. To encourage young talent “Young Researcher Award” has been introduced from this year.

    The selection of the awardees is done by Award Making Authority, chaired by the Secretary (Mines). Prof. Ashok Sahni would be honoured with the National Geoscience Award for Excellence-2009 for his lifetime achievement.

  3. #13
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    Thumbs up Manpower Strength in the Plants of the Steel Authority of India Limited.

    Press Releases

    09, February 2011


    Manpower Strength in the Plants of the Steel Authority of India Limited

    The manpower strength in the plants of the Steel Authority of India Limited (SAIL) as on 1.11.2010 is 103130. The plant-wise break up is given as under:

    Name of the Plants/Units Manpower
    Bhilai Steel Plant (BSP) 31815
    Durgapur Steel Plant (DSP) 13271
    Rourkela Steel Plant (RSP) 19134
    Bokaro Steel Plant (BSL) 22997
    IISCO Steel Plant(ISP) 11233
    Alloy Steels Plant (ASP) 1777
    Salem Steel Plant (SSP) 1375
    Visvesvaraya Iron & Steel Plant (VISL) 1528














    All Contract Labour engaged through contractors at SAIL Plants are covered under Employees Provident Fund (EPF). All the Contract Labourers are also covered under Employees State Insurance Corporation (ESIC) except at Salem Steel Plant.

    Salem Steel Plant is situated in an area where ESI Act has not been made applicable. However, Dr. B R Ambedkar Industrial Labour Co-operative Service Society, which is one of the major contractors of Salem Steel Plant has provided ESI coverage to its members since it has its registered establishment in an area covered by ESI.
    Last edited by ca_news; 18-08-2011 at 05:47 PM.

  4. #14
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    Thumbs up Scope for Growth of Employment Opportunities in Steel Sector.

    Press Releases

    09, February 2011

    Scope for Growth of Employment Opportunities in Steel Sector


    Steel sector in the country is a growing sector with annual production of steel rising continuously for the past 5 years. During the period of April-November of 2010-11, crude steel production of steel in the country has also risen by 5.9%. It is expected that the steel production capacity in the country would be around 120 million tonnes, from the current level of 72.76 million tonnes. Therefore, the scope for direct and indirect employment opportunity in India is likely to grow.

  5. #15
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    Thumbs up Parliamentary Consultative Committee of Steel Ministry Meets.

    Press Releases

    15, February 2011

    Parliamentary Consultative Committee of Steel Ministry Meets

    The Union Minister of State (Independent Charge) for Steel, Shri Beni Prasad Verma has said that steel remains critical for growth and development of our economy with its significant contribution towards infrastructural development and industrial base. He said that during January – December 2010, India has been placed as the fifth largest producer of crude steel in the world. India is also the largest sponge iron producer in the world since 2002.

    Chairing the meeting of the Parliamentary Consultative Committee attached to his Ministry here today, he said the Indian steel industry witnessed a robust growth during the 10th Plan with significant increases in both production for sale and consumption of total finished steel (alloy + non-alloy) by 9.5% and 10.4% respectively while imports were up by 29% and exports by 14%.

    Shri Verma said that while Indian economy posted near 9% growth each in both first and second quarters of 2010-11, for the first eight months of the year, i.e. April - November 2010-11, consumption of total finished steel recorded a robust 7% growth while production for sale during April - November 2010-11 has increased by 7.3%.

    The Minister hoped that in the next five years, demand of steel is likely to grow at a higher annual average growth of over 10% as compared to the average annual growth of 8% achieved between 1991-92 and 2009-10. He said that in order to meet the growing demand 222 MoUs have been signed with various States for planned capacity of around 276 million tonne by 2019-20. Major investment plans are in the States of Orissa, Jharkhand, Karnataka, Chhattisgarh and West Bengal. This is likely to result in an investment of Rs. 8,70,640 crore by 2020. Capacity for crude steel production expanded from 51.17 million tonne per annum (mtpa) in 2005-06 to 72.96 mtpa in 2009-10, the minister added.

    Shri Verma said that the Steel PSUs are in the midst of ambitious expansion plans. The major thrust of the modernization and expansion plans is to adopt the best modern technology, which in addition to being cost effective should also be energy efficient and environment friendly.

    The Steel Minister informed that the expansion plans would increase the capacity of SAIL from 12.84 million tonne (in 2006-07) per annum crude steel production to 21.40 million tonne in the first phase to be completed by 2012-13, at an estimated cost of around Rs. 70,000 crore, which includes Rs. 10,000 crore for mine development. The first of the new capacities of SAIL to come up is at the Salem Steel Plant which has been completed by September 2010, he added.

    He said, Rashtriya Ispat Nigam Limited (RINL) is at an advanced stage of commissioning its crude steel capacity expansion project from 2.9 million tonne to 6.3 million tonne per annum. The project is likely to be completed by 2011-12 at an estimated cost of Rs. 12,228 crore.

    The Minister said that National Mineral Development Corporation (NMDC) has signed an MoU with the Government of Chhattisgarh for setting up a green field integrated steel plant of 3 million tonne per annum capacity in Nagarnar, Chhattisgarh with an estimated cost of around Rs. 15525 crore. NMDC in December, 2010 has signed an MoU with Severstal – a Russian Steel Company for setting up a 2 Million Tonne steel plant in Karnataka.

    The Steel Minister said that RINL has under consideration a long term directional plan to increase the capacity to 20.0 million tonne by 2020-21 to be implemented in phases. During 2010-11 (April-December, 2010) production in major units exceeded 100% capacity utilization for the ninth consecutive year by achieving 110%, 110% and 111% capacity utilization for hot metal, Liquid steel and Saleable steel respectively.

    The Minister was concerned that RINL is the only PSU that does not have captive iron ore and coking coal mines and this is a major factor affecting the company’s competitiveness. He said that RINL has been making efforts for acquisition of mines since 2003 and submitted 20 Prospecting Licenses / Mining lease applications out of which 10 were made during 2010 for iron ore in the States of Orissa, Chhattisgarh, Andhra Pradesh, Rajasthan and Jharkhand. RINL has been very actively exploring various options to ensure its raw material security through acquisition/Joint Venture route.

    Some of the members, while appreciating the Corporate Social Responsibility work of the PSUs asked them to perform social responsibilities in the field of health, safe drinking water and education seriously.

    Members of Parliament who attended the meeting are: S/Shri Gorakhnath Pandey, Capt. Jai Narain Prasad Nishad, Jeetendra Singh Bundela, Naranbhai Kachhadia, Shivarama Gouda and Yashbant N.Singh Laguri from Lok Sabha and S/Shri Nandi Yellaiah, Naresh Chandra Agarwal, Ramdas Agarwal, Shri Sabir Ali and Tapan Kumar Sen from Rajya Sabha.

    The topic of the meeting was “Functioning of Rashtriya Ispat Nigam Limited – Visakhapatnam Steel Plant”.

    The Steel Secretary, Shri P.K. Mishra, senior officials of the Steel Ministry, SAIL and RINL attended today’s meeting.

  6. #16
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    Thumbs up Community Development Programme of Sail.

    Press Releases

    18, February 2011


    Community Development Programme of Sail

    The allocation for CSR activities including community development in the Steel Authority of India Limited (SAIL) is fixed as 2% of budgeted distributable surplus of the projected profit of previous financial year as per the CRS guidelines of the Department of Public Enterprises stipulated for the Central Public Sector Enterprises.

    The amount spent by SAIL and its subsidiary companies particularly Bokaro Steel Plant (BSL) on activities under Corporate Social Responsibilities (CSR) during the last three years and the current year is given as under :

    (Rs. in lakhs)
    Year Steel Authority of India
    Limited (SAIL)
    Bokaro Steel Plant (BSL)
    2007-08 11961.00 1081.00
    2008-09 8303.37 1168.91
    2009-10 7879.44 968.46
    2010-11
    (upto 30.9.2010)
    2256.12 423.85

    Details of village benefitted under peripheral/community development during the last three years and the current year

    Plant/Unit 2007-08 2008-09 2009-10 2010-11
    Bhilai Steel Plant (BSP) Utai, Bendri, Purai, Mohlai, Basin, Arasnara, ShankarPara, Supela, Umarpoti, Kotnighat, Dundera, Pippercheddi Utai, Karsa, Ghughwa, Dhaurabhata, Mohandi, Kuthrel, Pisegaon, Godpendri, Rawelidih, Chingri, Achanakpur, Kachandur, Pahandoor, Doomerdih, Khapri-Siloda, Mahakakala, Bodegaon, Pauwara & Borigarika, Anda, Janjgiri and Katro Deepaknagar,Durg; Katulbod, Durg; Katulbod, Durg; Pulgaon ward, Durg; Gayanagar, Durg; Padumnagar, Bhilai; Ramnagar, Bhilai; Kohka, Bhilai, Dhaba (Anjora), Daniya, Chetua,Devbaloda, Dhaurabhatha, Patora, Changori, Konari, Machandur Selud, Storepara, Purena, Utai, Janjgiri, , Kachandur, Pahandoor, Doomerdih, Khapri-Siloda, Mahakakala, Bodegaon, Pauwara & Borigarika, Anda and Katro
    Durgapur Steel Plant (DSP) Patsawara, Bijra, Labnapara, Radhamadhabpur, Kanksa, Saldanga, Shilampur, Jamdaha, Bhurkunda, Sovapur, Dignagar, Nadiha, Babnabera, Irkuna, Guhagram, Generaigram, Ramnagar, Brindabanpur, Ardhagram-Mejia, Purbachal-Barjora, Hat-Ashuria, Chhatna, Bisinda, Sanbandha-Bhutsahar, Barjuri-Amarkanan, Dhulai-Sonamukhi, Narrah-Makurgram, Akundra, Bouripara, Adivasipara & Ruidaspara; Da
    sirbandh
    Mankar, Ramharipur, Rangamati, Rakshitpur, Ranibandh, Pakhanna, Maliara, Barjora, Lassipora, Andal Leper’s Colony , Mahantobagan, Dhoananga, DVC Para (Bagan Para), Dum Para, Namo Ruidas Para
    Gopalpur, Amrai, Rupganj, Bandra, Barjora, Ardhagram, Dignagar, Hat Sarandi, Andalgram
    Akandra-Bouripara, Bankura, Dignagar,
    Rourkela Steel Plant (RSP) Chikatmati, Kuarmunda, Lathikata, Nuagaon, Jalda, Jajpur, Jhirpani, Lachhara, Jagdishpur, Bankibahal Jaidega, Bolangir, Kalahandi Bankibahal, Jagdishpur, Laing, Bijadihi, Pograbahal, Kapatmunda, Jalda and Chikatmati, Jhirpani, Jaidega, Jodabandha, Dumerta, Lathikata, Bijadihi, Dumermunda, Pograbahal, Barilapta, Sitapur (UP), Jaidega, Lachhada, Khurda Jaidega, Dumerjore, Ushra, Jabghat, Bankibahal, Dumerjore, & Laing, Jabaghat, Bijadihi, Pograbahal, Kapatmunda, Birkera, Laukera, , Jalda and Chikatmati

    Jabanposh, Jamsera and Dalposh, ****iatola, Bankibahal, Lachhada, Jabaghat & Kapatmunda, Dumerjore, Jagdishpur & Usra, Birkera, Bijadihi, Jamsera, Lodsara, baniguni, Jaidega, Bartoli, Luakera, Tangarpali, Jalda and Chikatmati
    Bokaro Steel Plant (BSL) Bansgora, Gorabali, Jhopdo, Khuntri, Maango, Khamarbendi, Tetulia, Kundori, Narayanpur, Satanpur, Simandih, Dumarjore, Patharkatta, Bhavanipur, Pathuria, Siarda, Maraphari, Hansabatu, Bansimli, Satanpur, Chikasia, Mamarkudar, Chandra, Bharra, Pindergari, Bandhgora, Kanari, Narkera, Balidih, Kashitand, Jaina, Tupkadih, Ranipokhar, Bhatua, Chouphand, Dhandabar, Sijua, Ghatiyali, Chainpur and adjoining villages.
    IISCO Steel Plant (IISCO) Gutgutpara, Dhairapada, Kankardanga (Leprocy Colony), Haramdih, Nakarasota, Bhallakzore, Purushottampur, Surjanagar, Saradapally, Kalajharia, Dhenua, Keradih, Kuilapur, Ramnagore Col., Chasnalla, Jitapur, Baradighari, Narsinghbandh, Alamnagar, Baogram, Madandih, Dihika, Dhrubdanga, Bortoria, Shyamdih, Jorepara, Rambandh, Azadnagar, Hirapur
    Alloy Steel Plant (ASP) Parulia, Jemua, Nadiha, Pratappur, Kalikapur Piala, Champadanga, Kalikapur Piala, Parulia, Domara, Champadanga, Kalikapur Kuldiha, Pratappur
    Salem Steel Plant (SSP) Thirumalaigiri,, Kanganiyur, Kollapatti, K.K. Nagar, Keerapapampadi, Naickenpatti, Kullanampatti, Thuttampatti, Athikatnoor, Thirumalaigiri, Thuttampatti, Kuppagoundan valavu, Latchumayur, Kollapatti, Elaguvampatti, Karumandhurai, Sivadhapuram, Thottiyanoor(tribal village), Narasakadu/Kttaimedu, Peria Soragai, Keerapapampadi, Kollapatty, Thalavaipatty, Vattamuthampatty, Thirumalaigiri, M Kollapatti, Alagusamudram, Maramangalathupatti, Perumampatty, Thottianoor, Krishna-pudur, Karukkalvadi Panchayat, Murungapatty, Pavalathanoor, Elaguvampatty, Latchumayur, Tharamangalam, Puthur, Mallamupampatti, Thumbathilipatty, Tharamangalam, Narasakadu, Kottaimedu, Narasakadu, Latchmayur, Peria - Karukkalvadi, Kuppagoundan valavu, Sivadapuram, Krishnapudur, Latchumayur, Latchumayur Kuppagoundanvalava, Pallikondaparrai, Andipatti, Elaguvampatti, Thirumalaigiri, Kolapatti, Kollapatti, Tharamangalam, Kanaaganiyur, Ellampillai, Chinnapoosaliyur, K.R.Thoppur, Ayyamperumampatti, Andipatti. Nallampatti, Thotianoor, Thumbathilipatty, Murungapatti, Thumbathilipatty, Narasa Kadu
    Visveswaraya Iron and Steel Plant (VISP) Anthargange, Hiriyur, Nanjapura, Hutha, Balemaranahalli, Hosa Siddapura, Donabaghatta, Aralehalli, Mavinakere, Bilika Thanda, Hosur Siddapura, Baballi , Hiriyur, Mosarahalli, Sankipura, Mattur Village, Karehalli, Barandur
    Raw Material Division (RMD) MANOHARPUR ORE MINES, CHIRIA (MOM) – Bimabera, Tinsiman, Mamar, Salai, Dodari, Timra, Jamkundia, Dhobil, Patharbasa, Kamarbera, , Munda Tola, , Kashipur, Dukurdih.

    BARSUA IRON MINES (BIM) – Bahamba Basti, Taldih, Sashyakela, Tensa, Dengula, Bhuiya, Raikela.

    KUTESHWAR LIMESTONE MINES – Jararoda , Hangrauta , Koniya , Itaura , Koylari , Dafai, Barhi , Karaundi Khurdh , Koilari.

    GUA ORE MINES: (GOM) - Jojogutu, Baihatu, Thakura ,Bichaikiri , Titlighat , Rajabera , Chotanagra, Lipunga, Roam.

    MEGHAHATUBURU IRON ORE MINES (MIOM) & KIRIBURU IRON ORE MINES (KIOM - Bunker , Karampada, Kumdih, Baraiburu.

    BOLANI ORE MINES (BOM) : Balagoda Basti, Nayak Sahi, Gowda Basti, Bukla Hutting, Kolho Basti, Mahanto Basti, Tatiba, Nimtur, Munda Sahi kolho Basti ,
    KALTA IRON MINES (KIM) : Jhirpani, Munda Tola, , Toda , Jhara Tola

    BHAWANATHPUR LIMESTONE MINES (BNP) – Sinduria, Tulsidamar
    Central Marketing Organization (CMO) Lidran, Malerna, Banihal, Kakori, Chhazzupur, Dhaulana, Simulia, Guskara, Jangipur, Kalikapur, Patharpratima, Narendrapur, Karuveli, Dopota Tinali, Charandih, Dummaguda, Manijanga, Borikina, Belapur, Gordhanpura, Yousufpur, Sultanpur Jangipur, Balasore, Berhampur, Bodhgaya, Hajipur, Midnapur, Bondam, Borikina, Kakori, lakhimpur, Hargaon, Kahamaria, Maholi, Mohammadi, Roshra, Simulia, Chhazzupur, Dhaulana, Cuddalore, Mokama, Mustafapur, Kuboliram, Jangipur, Khargam

    Nabagram, Jangipur, Mustafapur, Kuboliram, Mokama, Jalpaiguri, Bhaserdabri, Haripur, Kathila, Rohru, Barabanki, Gushkara, Labpur, Paruldaha, Putputia, Thiba, Bonra, Sangrampur, Sonakhali, Nimtita, Fatullapur, Sundarban, Naimisharanya, Satghara Debipur, Daulatpur, Gaigheta, Krishnachandrapur, Sikrakuligram, Bandikui, Baripada, Kamarpukur, Saharbani Chhapra, Pimpalgaon, Krishnadrap, Jalpaiguri, Kakdwip, Dankuni, Uttarpara, Krishnapur, Sampa, Mirzanagar, Putputia, Duder, Siwan, Siddharthanagar, Patharpratim, Kotagiri, Kamardanga, Gahar, Kullu, Peenami, Basanti, Bonra, Joka, Mandi
    Research and Development Centre for Iron and Steel (RDCIS) Tupudana , Hinoo, Hatia Hatia, Dilpathar Nagar, Kanke Tarup, Ratu Barkamoru, Burmu Block, Dom Toli, Hahap, hajam, Tupudana Hahap, Morabadi, Tupudana, Hatia,

  7. #17
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    Thumbs up Demand of RINL for Iron ORE Mines.

    Press Releases

    24, February 2011

    Demand of RINL for Iron ORE Mines

    The Minister of State for Steel Shri Beni Prasad Verma has said that Rashtriya Ispat Nigam Limited (RINL) had applied for grant of 2 (two) mining leases in the state of Andhra Pradesh and the same have been rejected by the Andhra Pradesh Government on the grounds that these two mining leases were granted to earlier applicant i.e. Andhra Pradesh Mineral Development Corporation (APMDC).

    In a written reply in the Rajya Sabha today he said, in October, 2006, October, 2010 and November, 2010, RINL has submitted applications for Prospecting License (PL) for three iron ore reserves in the state of Andhra Pradesh. These are:

    (i) Raidurg Section of Obulapuram Village in Anantapur District.

    (ii) Bayyaram Reserve Forest & Motlatimmapuram Reserve Forest of Kothagudem Division, Khammam District.

    (iii) Guduru reserve Forest of Warangal Sub Division, Warangal District.

  8. #18
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    Thumbs up Increase in Demand of Steel.

    Press Releases

    24, February 2011

    Increase in Demand of Steel

    The Minister of State for Steel Shri Beni Prasad Verma has said that demand for steel in the country has been rising continuously. Data on consumption and production of finished steel in the country during the last five years given below indicate that the consumption and production of finished steel in the country have been growing as per the Table below:-

    Finished Steel (in million tonnes)
    Year Consumption Production
    Quantity % change Quantity % change
    2005-06 41.43 13.9 46.56 7.0
    2006-07 46.78 12.9 52.52 12.8
    2007-08 52.12 11.4 56.08 6.8
    2008-09 52.35 0.4 57.16 1.9
    2009-10 59.88 14.4 61.27 7.2
    Source: Joint Plant Committee (JPC)

    In a written reply in the Rajya Sabha today he said, Steel is a de-regulated sector. In a de-regulated, liberalized economy, decisions related to capacity expansion and modernization of steel projects are taken essentially by the steel producing units depending upon various factors such as commercial merits, market trends, demand and supply etc. The Government in such an open market economy has the role of a facilitator only and in that capacity, it promotes/encourages growth of steel industry through suitable policy measures. The Government has constituted an Inter-Ministerial Group (IMG), under the chairmanship of Secretary (Steel) in 2007, to monitor and coordinate the issues concerning major steel investments in the country related to infrastructure, raw material supply, environmental clearance and other resource constraints.

    The Minister said, both the public sector steel companies namely Steel Authority of India Ltd. (SAIL) and Rashtriya Ispat Nigam Ltd. (RINL) are in the process of expanding their crude steel capacities. SAIL is planning for expansion of its capacity from 12.84 million tonnes to 21.4 million tonnes of crude steel. Similarly, RINL is carrying out expansion of its capacity from current 2.9 million tonnes to 6.3 million tonnes of crude steel. Another public sector company, namely NMDC Ltd., is to set up a 3 million tonnes per annum integrated steel plant at Nagarnar, Chhattisgarh. The Plant is likely to be commissioned in 2014.

  9. #19
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    Thumbs up Shri Beni Prasad Verma Inaugurates Steel Summit-2011.

    Press Releases

    25, February 2011

    Shri Beni Prasad Verma Inaugurates Steel Summit-2011

    The Union Minister of State for Steel (Independent Charge), Shri Beni Prasad Verma has said that growth in the Indian steel industry has been consistent over the years despite adverse external conditions. He said that India produced about 67 million tonnes of crude steel and was ranked 5th largest steel producer in the world in 2010.

    The Minister said this while addressing at the "Indian Steel: Moving to the Next Orbit` at CII Steel Summit 2011 in New Delhi today. He said that with a targeted production capacity of 120 million tonnes by 2012, India is expected to become the second largest steel producing nation very soon. It is indeed a matter of pride that India is the largest producer of sponge iron in the world, the minister added.

    The Minister said that during the last five years, the country has achieved a compounded average growth rate of over 9.2% in consumption of steel. With this consumption base and the targeted growth in GDP coupled with the emphasis of the Government on infrastructure, housing and other steel consuming sectors. He expressed the confidence that demand of steel would increase manifolds and said that we need to ensure that production also keeps pace with the level of consumption.

    Shri Verma said that substantial capacity is getting added in both Public as well as Private sectors. He said that most of the major steel projects, particularly those in the brown field sites are progressing as per schedule. New players are also emerging in the field of steel making with significant prospects. The mini steel sector has also been playing an important role in the economy in generating employment and meeting localized demand of steel. Substantial capacity has been also added in this sector and this segment is expected to grow further in years to come, the minister said.

    The Steel Minister informed that the government has launched infrastructure development plans on an unprecedented scale in areas such as power, road, ports, railways, communication and human resource development. However, a large responsibility lies with the industry and the industry associations. He urged the steel industry to come forward and share this responsibility.

    The Summit was jointly organized by the Ministry of Steel and Confederation of Indian Industry. The Summit has discussed the present problems and finds appropriate strategies to guide for sustainable growth of steel sector in India. The Secretary, Ministry of Steel, Shri P.K. Misra, the Chairman, SAIL, Shri C.S. Verma and the DG, CII, Shri Chandrajit Banerjee were also present on the occasion.

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    Thumbs up Beni Prasad Verma Condoles the Sad Demise of Shri Arjun Singh.

    Press Releases
    04, March 2011

    Beni Prasad Verma Condoles the Sad Demise of Shri Arjun Singh

    The Minister of State for Steel (Independent Charge) Shri Beni Prasad Verma has condoled the sad demise of Shri Arjun Singh who passed away here today.

    In his condolence message to Smt. Saroj Devi, wife of Late Shri Arjun Singh, the Minister said “I am really shocked to learn the sad demise of veteran leader, late Shri Arjun Singh ji, today. His death has created a vacuum in Indian politics, whose contribution in the service of the Congress Party and the nation-building is unforgettable. I convey my heartfelt condolences and pray to God that the departed soul may rest in eternal peace and Almighty gives the bereaved family enough strength and courage to bear this irreparable loss.”

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