User: subbu Topic: Companies
Category: POSCO
Last updated: Nov 17 2017 02:58 IST RSS 2.0
 
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SAIL signs technical pact with POSCO to reap benefits for IISCO Steel Plant 8.10.2017 Business Standard: Companies & Industry
This is a result of an MoU on technical collaboration for operational improvement and human resource development
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Conflicts across India as states create land banks for industry, investment 19.9.2017 Business Standard: News Now
Up to 2.68 mn hectares of land have been set aside in land banks in the eight states
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Paradip Port fears JSW's captive port plan will impact its cargo biz 13.9.2017 Business Standard: Companies & Industry
Paradip Port, the second largest major port in the country after Kandla in terms of cargo volume, fears its operation may be affected by the proposed captive port of JSW group in its vicinity."Any port in our vicinity will affect our operation", said a top official of Paradip Port Trust (PPT).JSW group plans to build a captive port facility at Paradip to cater to the needs of its proposed 10 million tonne steel plant in the area."We have not been asked for our view by the government. We will certainly oppose the setting up of the port in our neighbourhood if asked to give our views", said the PPT official.To emphasise the impact of JSW's proposed port on Paradip port, he said, the cargo handling at Visakhapatnam port has been severely affected following the establishment of Gangavaram port close by.Though unlike Gangavaram, JSW's proposed port will be only meant for captive use, he said, still it would knock off 20 million tonne from Paradip port's cargo projection. Paradip port ...
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JSW to invest Rs 2,000 crore to set up captive port in Odisha 8.9.2017 Business Standard: News Now
??JSW Infrastructure, part of the Sajjan Jindal controlled JSW Group, has pledged an investment of Rs 2000 crore to set up a captive port in Odisha's coast at Jatadhari Muhan near Paradip. Initially, the port would have a capacity to handle 10 million tonnes of cargo and which could be subsequently raised to 20 million tonnes.Initially, JSW Group in its proposal to the Odisha government had evinced interest to establish a commercial port at Jatadhari Muhan. The site selected was the one chosen by Posco India for building its captive port. But, JSW dropped its interest for the commercial port as such a port can be set up only through the competitive bidding route as per the state's port policy."JSW Group had earlier proposed a commercial port but of late, they have come up with a revised plan for a captive port. The capacity of this proposed port can go up to 20 million tonnes a year", said a senior Odisha government official with direct knowledge of the matter.In a previous ...
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OMC open to long-term linkage pact with JSW Steel 4.9.2017 Business Standard: News Now
JSW Steel's proposed 10 million tonne steel project in Odisha has moved a step ahead with the state run miner Odisha Mining Corporation (OMC) keen to have a long-term iron ore pact with the steel company.In its proposal, the company has pitched for a long-term agreement for 50 years with state owned Odisha Mining Corporation (OMC) to supply 30 million tonne per annum of iron ore fines at IBM (Indian Bureau of Mines) declared price. JSW Steel has suggested that OMC may engage a Mine Developer cum Operator (MDO) on long-term basis to develop its large mines like Gandhamardhan and Dubuna. The objective is to secure long-term iron ore supplies for the steel plant."We already have the long-term linkage policy as approved by the government. We will be processing the JSW requirement accordingly", said a senior Odisha government official.Usually, OMC signs long-term linkage pact with its iron ore consuming industries for five years. In Odisha, Essar Steel, Visa Steel, Jindal Steel & Power
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Essar group goes back to basics 4.9.2017 Business Standard: News Now
Debt-laden group is focusing on operational efficiencies and hopes to rebid for its steel business
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Posco likely to bid for Rs 37,284-cr debt-ridden Essar Steel 25.8.2017 News
If bidding happens, the deal would benefit Posco in boosting its India plans
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Tata Steel, top global suitors eye Essar Steel under IBC regime? 23.8.2017 ET: Steel
Tata Steel is amongst numerous suitors which have expressed preliminary interest in Essar Steel and its assets.
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After Posco failure, Odisha to calibrate JSW Steel's land need 12.8.2017 Latest News
Posco wrote to the state government to surrender the land acquired for its project of equal capacity
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JSW Steel takes a beating on higher input cost 2.8.2017 Business Standard: News Now
Higher raw material prices of both iron ore and coking coal ate into the margins
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POSCO Q2 profit jumps 44 pct from year ago on improved profit margins 20.7.2017 TOI: Intl Business
POSCO-RESULTS/ (UPDATE 2):UPDATE 2-POSCO Q2 profit jumps 44 pct from year ago on improved profit margins
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Essar Steel insolvency case: Gujarat High Court to give verdict on Monday 14.7.2017 Business Standard: News Now
Essar Steel had moved the court against the June 13 RBI circular
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Odisha unlikely to transfer Posco project approvals to JSW 28.6.2017 Business Standard: Companies & Industry
Firm intends to set up 10 mn tonne steel mill in land vacated by Posco
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JSW loans to loss-making entity co-owned by Sajjan Jindal's wife draw ire 28.6.2017 Business Standard: Front Page Headlines
Proxy firm questions loans of Rs 100 crore to Sangita Jindal's JSW Techno
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Odisha unlikely to approve JSW mill in Posco land 28.6.2017 All Companies Stories
Firm intends to set up 10 mn tonne steel mill in land vacated by Posco
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JSW Steel’s steel plant gets nod 2.6.2017 Hindu: Business
The Indian state of Odisha said on Friday it had approved a plan by JSW Steel to set up a 10 million tonnes a year steel plant costing about 500 billion rupees ($7.8 billion).JSW, India’s biggest stee...
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JSW Steel, Paradip among 10 projects worth Rs 1.10 lakh cr okayed by Patnaik 2.6.2017 All News-IANS Stories
The Odisha government on Friday approved 10 major proposals, including of JSW Steel Ltd and Paradip Phosphates, with an investment of Rs 1.10 lakh crore which are aimed to create 46,000 jobs in the state.
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Odisha approves JSW Steel's $7.8 billion steel plant 2.6.2017 Sify Finance
BHUBANESHWAR, India (Reuters) - Odisha said on Friday it had approved a plan by JSW Steel to set up a 10 million tonnes a year steel plant costing about 500 billion rupees ($7.8 billion).
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JSW Steel gets nod for Rs 50,000-cr mega steel plant in Odisha 2.6.2017 Business Standard: Companies & Industry
Panel approves 10 projects worth Rs 1.10 lakh crore
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JSW Group wants to develop commercial port in Odisha 23.5.2017 Business Standard: News Now
The port project is proposed to be set up through JSW Infrastructure Ltd
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