Odisha Govt. Clears Major Projects: AM/NS, Avaada, ACME Proposals Get Nod
Odisha Government’s High-Level Clearance Authority (HCLA) has cleared multiple projects with a cumulative value of about Rs. 1.53 lakh crore.
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Steel
JSPL to Invest Rs. 1,500 Cr to Operationalise Monnet Power Project
Jindal Steel and Power Limited (JSPL) will be investing about Rs. 1,500 crore over the next 12 to 18 months
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Shyam Metalics Expands its Steel Portfolio, 7,500 Cr. CAPEX Lined Up
Kolkata-headquartered integrated metal producer, Shyam Metalics and Energy Ltd. (SMEL), has planned a Rs. 7,500 crore CAPEX for the coming
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Jindal Stainless & ReNew Power Tie up for 300 MW Hybrid Power Project
In a joint press release dated 5th December 2022, Jindal Stainless Limited (JSL) and ReNew Power stated that they have
Read MoreL&T’s Metals and Minerals Business Secures AM/NS’ Orders worth over 7,000 Cr.
Larsen & Toubro, the Indian EPC major, stated in a press release dated 7th December 2022 that its Minerals and
Read MoreAaress Iron and Steel to Invest Rs. 19,600 Cr. in Karnataka
Aaress Iron and Steel Limited (AISL), a subsidiary of MSPL Limited (Baldota Group’s flagship company) has signed two Memoranda of
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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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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 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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