ArcelorMittal Nippon Steel to Acquire Essar Group’s Assets worth 19,000 Cr.
ArcelorMittal Nippon Steel India (AM/NS India) has signed a deal with Essar Group to acquire several of its infrastructural assets.
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Metals, Minerals, Coal
News from the Metals, Minerals and Coal Industry
Hindalco Plans USD 8 Billion Capex Over the Coming 5 Years
Hindalco, one of India’s major Aluminium companies, plans to invest approximately USD 8 billion in the coming 5 years as
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NLC to Expand Mining Operations, Targets 17.8 GW Power Generation by 2030
Neyveli Lignite Corporation of India Ltd. (NLC India or Neyveli Lignite), has set definite targets for Power Generation and Mining
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NLC Sanctions 14,945 Crore for Lignite Mine and Power Plant Expansion
State-owned Neyveli Lignite Corporation India Limited (NLCIL or NLC India Ltd.) has accorded approval to investments worth Rs. 14,944.91 crore.
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Tata Steel Long Products Ltd Acquires Neelachal Ispat for Rs. 12,100 Crore
Tata Steel, through its subsidiary Tata Steel Long Products Ltd. (TSLP), completed the acquisition of Neelachal Ispat Nigam Limited (NINL)
Read MoreVedanta to Acquire Athena Chhattisgarh Power for Rs. 564 Crore
Vedanta Ltd. will be buying 100% of Athena Chhattisgarh Power Ltd. for Rs. 564.67 crore, and this acquisition will be
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Coal India to Diversify into Aluminium and Solar Power
Coal India Limited (CIL), the state-owned coal mining and refining company, will be diversifying its operations and will foray into
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Neyveli Lignite Proposes Rs. 4,400 Cr Lignite-to-Methanol Plant
Neyveli Lignite Corporation India Limited (NLCIL) is planning a Rs 4,400 crore Lignite-to-Methanol project, which will be implemented on a
Read MoreShreesatya Sponge & Power to Enhance Sponge Iron Capacity in West Bengal
Kolkata-based Shreesatya Sponge & Power Private Limited is planning to enhance the capacity of its sponge iron manufacturing unit from
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India Struggles as Power Demand Hits Record High, Power Deficit Widens
India might face a power crisis as peak power demand in the country hit record high of 207 GW on
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