Articles tagged under: Steel

Gujarat CM lays foundation stone for India’s biggest Rs. 15,000-Cr steel plant at Mundra, Kutch

January 23, 2018

Ahmedabad: Gujarat Chief Minister Mr. Vijaybhai Rupani today laid a foundation stone for India’s biggest steel project having production capacity of 30-lakh tones per annum at Kundrodi and Rataliya villages near Mundra in Kutch. The project is an outcome of ‘Vibrant Gujarat – 2017’ event. It is a joint venture of Indo-China Company ‘Cromo Steel Plant and will be completed in five years’ span at an investment of Rs. 15,000-crore. The project will provide employment to 8-10 la...Read More

Rupani likely to perform groundbreaking for Chinese JV firm’s steel plant in Kutch on Tuesday

January 21, 2018
Rupani likely to perform groundbreaking for Chinese JV firm’s steel plant in Kutch on Tuesday

Bhuj: Gujarat Chief Minister is likely to perform groundbreaking for Chinese company's steel plant in Kutch on January 23. China based Sunrise Group is going to set up a steel plant near Kundrodi village of Mundra taluka in Kutch with initial investment of Rs 6,000 crore. Gujarat government has allotted 213 hectare land to Sunrise Group between Ratadiya and Kundrodi villages. Sunrise Group had signed memorandum of understanding(MoU) with Government of Gujarat in Vibrant Gujarat Global...Read More

Gujarat High Court disposes of Essar Steel plea without giving any relief in insolvency proceedings

July 17, 2017
Gujarat High Court disposes of  Essar Steel plea without giving any relief in insolvency proceedings

Ahmedabad: In a significant judgement for banking sector with regard to recovery of NPA, the Gujarat High Court today rejected the Essar Steel's plea against the Reserve Bank of India (RBI) circular of June 13 asking lender banks to act under Insolvency and Bankruptcy Code against the steel major and 11 other firms each having over Rs 5,000 crore of outstanding loans. Though the Steel major, which now faces the danger of liquidation for recovery of the loan of SBI, in all likelihood wo...Read More

Gandhinagar: Union Steel Minister assures reforms to increase steel production

January 24, 2015

Gandhinagar Steel Minister Narendra Singh Tomar today assured the industry of bringing in reforms to boost production of the alloy. "To increase the production of steel, we need to increase mining. Our country has the capacity to produce 101 million tonne (mt) of steel, but we are producing only 81 mt. Similarly in stainless steel sector, we are producing only 3.3 mt against our capacity of 5.3 mt," Tomar said. He was speaking at the global stainless ste...Read More

CM inaugurates world’s biggest steel exhibition show ‘INDINOX-2015’

January 24, 2015

Gandhinagar Gujarat Chief Minister Mrs. Anandiben Patel inaugurated world’s largest stainless steel exhibition and art-festival by lighting-up a lamp at Mahatma Mandir in Gandhinagar here, today. Union Minister for mines, steel and labour-employment Mr. Narendra Singh Tomar was also present on the occasion. This four-day long stainless steel exhibition and art-festival will remain open for the citizens till January 27, 2015. The exhibition and art fest...Read More

Narendra Modi inaugurates Rs 1100 crore expansion of Indian Steel Corporation plant at Bhimasar

June 21, 2012

Bhimasar, Anjar, 21 June 2012 Gujarat Chief Minister Shri Narendra Modi today inaugurated second phase of Indian Steel Corporation's Steel plant at Bhimasar near Anjar in Kutch district. ISC steel plant is joint venture of Ruchi Grup and Mitsui group. Phase - 2 expansion has witnessed investment of Rs 1100 crore. "Kutch alone has emerged as steel hub of India. You compare Kutch of 2001 with Kutch in 2012 and you will realize what's called development," Shri Modi said spea...Read More

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