SAIL’s hot strip mill at Rourkela plant likely to get completed by FY20 start

Steel Authority of India’s (SAIL) new hot strip mill at Rourkela steel plant (RSP) is likely to get completed by the beginning of financial year 2020, which will augment the unit’s hot rolled steel making capacity along with enabling RSP to produce advance grade HR coils. This will help RSP to cater to the high … Read more

Birla Corporation gets nod to start test marketing of construction chemicals, additives

Birla Corporation has received an approved for proposal to start test marketing of construction chemicals and additives to extend the M.P. Birla franchise. The new products belong to the construction industry and falls under construction chemicals and additives category. New products have business synergy with the company’s existing cement business and will be sold through … Read more

NTPC planning to start biomass co-firing at its thermal power stations

NTPC is planning to start biomass co-firing across all its coal-based thermal power stations in a view to reduce greenhouse gas emissions and cut pollution. Co-firing is the use of two different types of fuel for generation of electricity. The intension is to reduce air pollution caused due to burning of surplus agricultural residue in … Read more

Victory Paper gets nod to start Aluminium Roofing sheet production

Victory Paper and Boards India has received an approval from its board to start Aluminium Roofing sheet production. The company decided to purchase Aluminium roofing sheets and manufacturing machines from Anna Aluminium Company together with the factory for lease at Avinashi, Coimbatore, for roofing sheet business. The Board of Directors of the company at its … Read more

Sensex makes a muted start on profit-booking, mixed Asian cues

Mumbai, The BSE Sensex declined about 67 points in early session today on profit-booking by speculators amid mixed Asian cues on worries over a US-China trade war. The 30-share flagship index was down 67.80 points, or 0.18 per cent, to 35,621.80. The gauge had soared 257.21 points in the previous session on Friday. Sectoral indices led … Read more

Interim operations in Chabahar port in Iran to start by next week

Union Minister of State for Shipping, Mansukh Mandaviya informed in a tweet message. India has selected an Iranian company, Kaveh Port and Marine Services, for running the operations for 18 months till it selects a firm to manage and maintain the facility for long term. Chabahar port located in the Sistan-Baluchistan Province of Iran on … Read more

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