Public Sector

GAIL signs MoU with OIL India

SAIL To Spend Rs 1,000 Cr On Pellet Plants

Sushil Kumar Roongta Chairman SAIL
New Delhi: Steel Authority of India Ltd, State-run steel manufacturer has decided to invest around Rs 1,000 crore on establishing at least three greenfield pellet plants amounting 6 million tons to raise its production capacitance to over 24 million tons by the end of the 11th Plan.

Govt. Approves issue of Oil Bonds worth Rs 24,000 Crore

Oil Bonds

CIL plans to import Non-coking coal

Indian Coalfields
As the demand for coal increases in the country, Coal India Ltd is looking at importing coal to cater the domestic market. As per the industry resources, the rise in demand is due mainly due to coking coal. The country is falling short by 4-5% of the actual demand of coal.

Coal India is looking at Thai, Australian and Indonesian coal fields for importing non-coking coal. Steel companies import coal on their own.

RITES Registers A Record Rs 1.18 Bn Earnings

RITES Railways File Photo

SAIL will Spend more than Rs 49,000 Crore on Expansion of its Units

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