Mtpa

Sandur Manganese is looking to scale up the iron ore capacity to 3.5 mtpa in two to three years, says Nazim Sheikh, Joint Managing Director of the company.

NMDC to invest Rs 40,000cr in 8 yrs for capacity expansion

NMDC plans to invest Rs 40,000 crore in the next 8 years to reach a target of 100 million tonnes per annum of iron ore production from the current levels of little over 30 MTPA.

Vedanta to shut Lanjigarh plant on high production cost

Aluminium prices globally have collapsed in the past few months and the current indications are that this trend will continue, a company filing said.

JSW Steel to raise Rs 4,000 cr through QIP

The company will take up the issue of raising a maximum of Rs 4,000 crore at its annual general meeting next month, July 28, it said in a BSE filing.

Binani Ind to divest up to 40% stake in Binani Cement

Binani Industries today said its Board has given in-principle approval to divest its holding in subsidiary firm Binani Cement by up to 40 percent.

Port mechanisation to increase revenue by 15%: Essar Ports

Essar Ports has commissioned its 16 million tonne per annum (MTPA) dry bulk terminal at Paradip in Odisha. CNBC-TV18 spoke to Rajiv Agarwal, CEO and MD, Essar Ports regarding the expectations from the project and the challenges ahead.

Posco to set up world-class steel plant in Odisha: Yoon

Notwithstanding delays in the implementation of its Rs 52,000 crore project in Odisha, the South Korean steel major Posco today said the company is determined to establish a world class steel facility near Paradip.

UIC Udyog files DRHP for Rs 108 cr IPO

UIC Udyog, proposes to set up facility for manufacturing of steel wires and wire products with an installed capacity of 1,80,000 MTPA including Galvanizing capacity of 1,00,000 MTPA at Bharuch in Gujarat with a total investment of Rs.50800 lakhs.

Brickwork gives AA- rating to JK Cement`s debentures issue

Brickwork Ratings has reaffirmed "BWR AA-" for J K Cement’s long-term secured Non-Convertible Debentures Issues of Rs 100 crore Rs 150 crore respectively with a tenor up to 10 years.

JSW committed to 10 MTPA steel project: Sajjan Jindal

JSW Steel today said it is committed to setting up a 10 million tonne integrated steel plant in West Bengal, to be constructed at an estimated cost of Rs 35,000 crore, within the time frame the company is discussing with the state government.