User: esg Topic: Issues
Category: KalingaNagar
1 new since Jan 19 2018 20:40 IST RSS 2.0
 
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Tata Steel to enhance Kalinganagar plant by increasing capacity by 5 MT 19.12.2017 All Companies Stories
As part of its long-term strategy to expand in the domestic market, the Tata Steel board today approved a plan for next phase of expansion at Kalinganagar in Odisha. The country's largest steel producer plans to add five million tonne capacity in Odisha taking the company's total domestic steel capacity to 18 million tonne over the next four years.In a BSE filing today, the company said the new expansion plan at Kalinganagar was expected to cost Rs 23,500 crore as it would include investment in raw material expansion, upstream and midstream facilities along with downstream units such as a cold rolling mill.The mode of financing for this second phase expansion at Kalinganagar would be a combination of debt and equity with project expansion expected to be completed in 48 months, informed Tata Steel. Currently, Tata Steel has a 13 million tonne capacity in India with 10 million tonne coming from Jamshedpur and balance three million from Kalinganagar phase I. The capacity utilisation ...
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Tata Steel to expand Kalinganagar plant by 5mt 19.12.2017 All News-IANS Stories
Tata Steel on Tuesday said its board has approved expansion of Kalinganagar plant's capacity by five million tonnes per annum at an estimated investment of Rs 23,500 crore and this is expected to be completed within 48 months.
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Tata Steel sets eyes on raising ₹12,800 crore via rights issue 19.12.2017 HBL: Markets
Funds to meet expansion plans of the steel major
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Tata Steel board clears rights issue 19.12.2017 Hindu: Industry
Steel major Tata Steel said its board has approved raising ₹12,800 crore through a rights issue to finance organic and inorganic growth plans.In its meeting on Tuesday, the board also approved a prop...
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India's Tata Steel board approves up to $2 bln rights issue 19.12.2017 Sify Finance
Dec 19 (Reuters) - India's Tata Steel Ltd has approved a rights issue to raise up to 128 billion rupees ($2 billion) to fund capacity expansion at a plant in the eastern state of Odisha, and to cut
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JSW Techno Projects buys 49% in pellets firm for Rs 1,000 crore 19.12.2017 News
Deal via promoter firm, perhaps with eye on possible bids for assets with NCLT
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JSW Group firm to buy 49% equity in BRPL, Stemcor's India asset 18.12.2017 Business Standard: Companies & Industry
JSW Techno Projects has signed a definitive agreement for buying a stake in BRPL
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GAIL to sign pacts with Tata Steel, JSPL, Vedanta for gas supplies 15.12.2017 Business Standard: Companies & Industry
GAIL (India) Ltd will enter into pacts with aluminum and steel majors in Odisha for supply of natural gas from December 2019. The gas major will sign term sheets with companies including Steel Authority of India Ltd (Rourkela), Tata Steel (Kalinganagar), Vedanta (Jharsuguda), Jindal Stainless Ltd (JSL), Jindal Steel and Power Ltd (JSPL) and Indian Metal and Ferro Alloys (IMFA). The memorandum of understanding (MoUs) with the companies would be signed on the occasion of the laying of foundation stone for new Dhamra-Angul 36 inch main line and Bhubaneswar-Cuttack-Paradip 12 inch spur line on December 17 by Dharmendra Pradhan, Union minister of petroleum & natural gas and skill development & entrepreneurship. "Our marketing team has identified 11 industries for supply of natural gas. We will sign the MoUs on the occasion. Together, 1.2 million standard cubic meters a day (mmscmd) gas will be supplied to these industries", said Ashutosh Karnatak, director (projects), .
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Jamshedpur's new man of steel 8.12.2017 Rediff: Business
'He was sought after because he delivered.'
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Odisha approves downstream parks by JSL, Welspun, Gitanjali 25.11.2017 Latest News
The parks are projected to generate employment opportunities for 7,900 people
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Govt assures support to green steel production: Union Steel Minister 24.11.2017 All Economy & Policy Stories
Electric arc furnace route emits less Co2 and cost of production is reduced compared to the blast furnace route
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Tata Steel's Kalinganagar plant to focus on import substitutes 21.11.2017 Business Standard: News Now
Tata Steel would focus on manufacturing steel products that help cut down the dependence on imports. Such import substitutes would be produced for an array of sectors like oil & gas, lifting & excavation and automobiles. The product portfolio is also to be made up by high grade precision instruments and high end tube products that are currently imported."We are raising the bar on products that are being made at Kalinganagar. For some of the import substitute products, we have conducted initial trials while there are others which we have already commercialized. These products are very important for the customers as well as for us", said Rajiv Kumar, vice president (operations), Kalinganagar project, Tata Steel.Tata Steel has conducted successful trials and started supplies to global leaders in lifting and excavation segment. It has also approvals from an oil marketing company for supply of API grade steel. Products manufactured at Kalinganagar would help establish Tata Steel as
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Tata Steel to leverage emerging technology to boost performance 18.11.2017 All Companies Stories
Company marks second anniversary of Kalinganagar project
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Tata Steel's Kalinganagar plant achieves full capacity 14.11.2017 All News-IANS Stories
Tata Steel on Tuesday said it has ramped up its capacity at its Kalinganagar greenfield plant in Odisha to 100 per cent and it is all set to go for second phase expansion shortly.
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Tata Steel achieves full ramp-up at Kalinganagar, plans cold rolling mill 14.11.2017 Latest News
The steel company has invested Rs 25,000 crore on Kalinganagar project
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Tata Steel SEZ may get environment nod for Gopalpur by month-end 13.11.2017 Business Standard: Companies & Industry
Tata Steel Special Economic Zone Ltd (TSSEZ) is likely to get letter of formal approval from the Union ministry of environment, forest & climate change (MoEF&CC) for environment clearance (EC) and CRZ (Coastal Regulatory Zone) by the end of this month.The grant of statutory clearances would pave the way for TSSEZ, a fully owned Tata Steel subsidiary, to start infrastructure related work on the SEZ spread over 500.15 hectares (or 1235 acres approximately)."The expert appraisal committee of the ministry had recommended for grant of EC and CRZ clearance to Tata Steel's Gopalpur SEZ on October 16 this year. The formal approval is expected anytime by November-end", said an official source.The Board of Approvals (BoA) under Union commerce ministry would take up the proposal on November 17. The Development Commissioner with the Falta SEZ has recommended TSSEZ's case for extension up to December 17, 2018.TSSEZ on March 24 this year, had applied for EC for its multi-product Gopalpur ...
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‘Focus on thyssenkrupp venture’ 9.11.2017 Hindu: Interview
European market is a matured one with priority on product mix: Tata Steel CEO
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Emerging segments to drive Tata Steel's Kalinganagar sales 7.11.2017 Latest News
Tata Steel's Kalinganagar greenfield steel project is looking to tap emerging, value added products and segments like construction & projects, pre-engineered buildings, oil & gas, lifting and excavation and shipbuilding. At full ramp-up, the new segments are expected to account for 30 per cent of total sales from the Kalinganagar plant.The steel maker is almost close to operating the plant at full Phase-I capacity of three million tonnes per annum.Tata Steel has conducted successful trials and started supplies to global leaders in lifting and excavation segment. It has also approvals from an oil marketing company for supply of API grade steel, said a source close to the development. Products manufactured at Kalinganagar would help establish Tata Steel as a major player in large diameter water pipeline segment besides strengthening its presence in the construction sector.Tata Steel did not respond to an e-mail questionnaire sent by this paper.Presently, the company's ...
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Tata Steel sets up largest CDQ facility at Kalinganagar 6.11.2017 Business Standard: News Now
CDQ is a heat recovery system to cool the hot coke from coke ovens
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Tata Steel sets up India's largest CDQ facility in Odisha 6.11.2017 All News-IANS Stories
Tata Steel has established India's largest Coke Dry Quenching (CDQ) facility, capable of handling 200 metric tonnes per hour, in Odisha, a statement said on Monday.
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