Vedanta 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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Metals, Minerals, Coal
News from the Metals, Minerals and Coal Industry
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
Read MoreArcelorMittal Nippon JV to Develop Steel Processing Lines at Hazira
ArcelorMittal Nippon Steel India (AM / NS India), a joint venture between Luxembourg-based ArcelorMittal and Japan’s Nippon Steel, will be
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Vedanta Approves $1.5 Billion Capex in its Oil, Steel and Zinc Businesses
Vedanta Limited, the Mumbai-headquartered mining company, approved capital expenditure of approximately $1.5 billion across its Oil, Steel and Zinc businesses.
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Vedanta Launches Low Carbon Aluminium Brand ‘Restora’
Vedanta Ltd.’s Aluminium Business has launched ‘Restora’, its low carbon aluminium brand. The company unveiled two product lines – Restora
Read MoreGovernment Extends Duty Exemption on Steel Scrap
Union Finance Minister Nirmala Sitharaman in the budget 2022-23 presentation on 1st February 2022 has proposed to extend the customs
Read MoreAdani Group and South Korea’s POSCO Sign Pact with USD 5 Billion Potential
Indian conglomerate Adani Group has signed an MoU with South Korea’s Steel manufacturer POSCO to explore business opportunities in sectors
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