Odisha approves investment projects worth Rs 464.72 croreOdisha has approved investment projects worth Rs 1,19,214.72 crore since February.
18 Nov, 2020, 10.17 AM IST
ArcelorMittal completes Rs 2,350-cr acquisition of Odisha Slurry Pipeline InfrastructureLenders received the payment last week ensuring recovery of loans that were due for more than five years. Odisha Slurry runs a 253-km long ...
17 Jul, 2020, 07.33 PM IST
NCLT approves ArcelorMittal's Rs 2,360 cr bid for Odisha Slurry PipelineA two-member bench of the NCLT Cuttack gave a go ahead to the resolution plan of ArcelorMittal India, which had been approved by the Commit...
03 Mar, 2020, 09.22 PM IST
Odisha Slurry lenders pick ArcelorMittal bidOdisha Slurry owes financial creditors Rs 3,300 crore, of which Rs 2,350 crore is the principal amount.
03 Dec, 2019, 08.58 AM IST
J&K Bank’s OSPIL, Essar Steel loan selloff may see aggressive ARC bidsBanks have made a claim of Rs 49,000 crore for Essar Steel and Rs 1,670 crore claim for OSPIL.
21 Mar, 2018, 10.00 AM IST
IDBI Bank starts bankruptcy process against Odisha SlurryThis development comes at a time when Numetal, a joint venture between Russia’s VTB and Rewant Ruia has proposed to buy both Essar Steel an...
14 Mar, 2018, 07.41 AM IST
HC stays Odisha slurry pipeline stake saleThe ownership of the slurry pipelin is under dispute for the last two years.
14 Feb, 2018, 08.10 AM IST
Essar lenders to move court against Odisha slurry pipeline sale by SreiOdisha Slurry Pipeline ownership has changed hands twice in the past few years.
12 Feb, 2018, 10.09 AM IST
Maoists damage Essar Steel’s slurry pipeline from Dantewada to VizagPipeline is critical for Essar’s Visakhapatnam steel plant, bringing 22,000 tonnes of iron ore daily from state miner NMDC’s Bailadila mine...
22 Sep, 2017, 06.54 PM IST
After breach in ash pond, five power units of Vedanta ordered shutVedanta had been slapped with a show cause notice after a 800m breach in one of its ash ponds on August 28 led to huge amounts of ash slurr...
14 Sep, 2017, 09.31 PM IST
JSW Steel to set up Rs 2,100 crore pipeline in KarnatakaJSW Steel has been operating its 12 MTPA (million tonne per annum) integrated steel plant at Vijayanagar works in Karnataka.
29 Jun, 2017, 05.19 PM IST
JSW Steel to set up a slurry pipeline from coastal Karnataka to VijayanagarJSW Steel Limited has been operating its 12 million tonne per annum (mtpa) integrated steel plant at Vijayanagar works in Karnataka.
29 Jun, 2017, 04.41 PM IST
JSPL may bid for ore mines in OdishaTo ensure raw material supply to its plants, Jindal Steel and Power may bid for iron ore mines in Odisha in forthcoming auctions, which are...
23 Aug, 2015, 06.06 PM IST
People keep talking about our debt because it's a fad, says, Essar Steel, Vice-chairman Firdose Vandrevala'If I take a long-term view, we are in good shape... The Supreme Court has taken a policy if things are not right, stop the traffic, level ...
02 Dec, 2014, 04.00 AM IST
Essar Steel commissions Rs 6,000-cr pellet complex in OdishaEssar today announced commissioning of its Rs 6,000 crore integrated pellet complex in Odisha that will convert low-grade iron fines into p...
28 Nov, 2014, 07.48 AM IST
NGT permits Essar to start work on part of project in OdishaEssar also informed the bench that till date it has already laid 227 km of the pipeline and is awaiting FC for other sections of project si...
21 Oct, 2013, 07.10 PM IST
- NGT notice to Centre, Odisha, Essar Steel on river water use
In their plea, they have also sought NGT's directions to restrain construction of water intake wells and pumping stations by Essar Steel.
23 Dec, 2012, 12.59 PM IST