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UTKAL ODISHA EXPANSION
JSW Steel posts three-fold jump in profit, lines up capacity expansionJSW Steel achieved an impressive three-fold rise in its consolidated net profit for the September quarter, highlighted by a record-breaking...- JSW Steel and Japan's JFE to add 5 MT steel capacity at Odisha JV plant with Rs 7,500 cr investmentJSW Steel and JFE Steel have entered into a mutual agreement to enhance their joint venture steel initiative in Odisha. With a notable inve...
- Nalco shares surge on strong Q4 performanceShares of National Aluminium Co (Nalco) surged by over 5% as its Q4 revenues and profits beat market estimates. The Indian government-run f...
- JSPL plans largest & greenest steel plant in OdishaThe High-Level Clearance Authority of Odisha, headed by Chief Minister Naveen Patnaik, had approved JSPL's proposal to expand the capacity ...
- L&T commissions expansion project of Utkal alumina refineryWith this expansion, the alumina production capacity of the refinery has been upgraded from 1.5 MTPA to 2 MTPA, Larsen & Toubro said in a s...
- Nalco making efforts to operationalise Utkal D coal mine in Odisha in FY23The company executed the mining lease of Utkal D coal block on March 25. "All out efforts are being made for operationalisation of Utkal D ...
- Nalco gets mining lease for Utkal-E coal block in OdishaThe lease has been granted by the Department of Steel & Mines, Government of Odisha, through a notification issued on April 12. As per the ...
- NALCO to invest Rs 30,000 crore on expansion by 2027-28: Pralhad JoshiAn MoU was also signed between Odisha Mineral Exploration Corp Ltd (OMECL) and Mineral Exploration Corp Ltd (MECL) for exploration of miner...
- JSW Steel keen on acquiring more iron ore mines in OdishaIn January, a news agency report had said the Utkal Steel Project at Jagatsinghpur in Paradeep would cost Rs 53,700 crore. Reports earlier ...
- Centre reserves Pottangi mines for Nalco's new 1 MTPA refineryBesides, Odisha government has also taken an in-principle decision in this regard, Minister of State for Steel and Mines Vishnu Deo Sai sai...
- Nalco to invest Rs 5600 crore at alumina refinery in Odisha's DamanjodiNalco latest investment thrust comes on heels of allocation of Utkal D&E coal blocks by the Centre and the state government’s recommendatio...
- NALCO to invest over Rs 65,000 crore for new projectsAluminium giant NALCO is all set to invest over Rs 65,000 crore to launch ambitious projects in the country and abroad.
- Government allocates 2 coal blocks in Odisha to Nalco"The company's smooth operation and expansion plans hinged on the allocation of these blocks," said T K Chand, CMD, Nalco.
- Utkal D and E coal blocks allocated to NalcoIncidentally, Utkal E Coal Block was allotted to Nalco by Govt. of India in 2004. The company had spent Rs.126.34 crore for this block.
- Consider Utkal E coal block for Nalco: Parliamentary committee to governmentThe Utkal--E coal block is among the 204 de-allocated by the Supreme Court in September last year.
- Monnet Ispat shares gain over 8% as arm bags coal blockShares of Monnet Ispat & Energy surged over 8 per cent today after its subsidiary bagged the Utkal C mine in Odisha in the second phase of ...
- Coalgate will not come in way of JSPL's Odisha expansion: V K MehtaThe coalgate controversy will not come in the way of expansion of Naveen Jindal-owned Jindal Steel and Power Ltd at Angul in Odisha.
- Odisha asks State PSUs to clarify on coal block JV companiesOdisha govt has asked the concerned state public sector undertakings to clarify whether there was any irregularities in formation of JVs.
- JSPL plans Rs 12,000 crore investment this yearJindal Steel and Power said it plans an investment of about Rs 12,000 crore this year for its ongoing 6.5 million tonne steel plant in Odis...
- Parliamentary panel to Mines Ministry: Take up NALCO lease issue with OdishaThe Committee said it had asked Ministry to take necessary measures for commissioning of the project at the earliest but it is still facing...
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