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ODISHA SLURRY PIPELINE
Adani to enter alumina and iron ore businesses in Odisha, invest Rs 57,575 croreThe investment proposal by the conglomerate was cleared by a high-level clearance authority of the Odisha government, headed by Chief Minis...- Odisha approves investment projects worth Rs 464.72 croreOdisha has approved investment projects worth Rs 1,19,214.72 crore since February.
- 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 ...
- 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...
- Odisha Slurry lenders pick ArcelorMittal bidOdisha Slurry owes financial creditors Rs 3,300 crore, of which Rs 2,350 crore is the principal amount.
- NuMetal to take control of strategic pipeline of OdishaThe Mauritius-based investment vehicle has snapped a 70 per cent stake in OSPIL, which feeds raw material to Essar's Paradip steel plant.
- 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.
- 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...
- HC stays Odisha slurry pipeline stake saleThe ownership of the slurry pipelin is under dispute for the last two years.
- Essar lenders to move court against Odisha slurry pipeline sale by SreiOdisha Slurry Pipeline ownership has changed hands twice in the past few years.
- Numetal buys key pipeline provider, gains edge in race for Essar SteelThe consortium that is believed to be spearheading the Ruia family’s bid to retain Essar Steel, is buying a majority stake in Orissa Slurry...
- 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...
- 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.
- 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.
- 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...
- 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 ...
- 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...
- Essar, JSPL, KIOCL keen on joining RINL-NMDC pipeline ventureEssar Steel, JSPL and KIOCL have evinced interest in participating as the partner in the Rs 2,200-crore joint venture between NMDC and RINL.
- Naxal attacks force steel into pipeline-building"Compared to the forest route, the highway route will add 200 km to pipeline length and also raise the project’s capex. But we have no othe...
- NGT notice to Centre, Odisha, Essar Steel on river water useIn their plea, they have also sought NGT's directions to restrain construction of water intake wells and pumping stations by Essar Steel.
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