power-sector-news
Steel Ministry seeks availability of coking coal on long term basis
NEW DELHI .As steel companies feeling the heat from surge in coking coal prices, the Steel Ministry has approached Coal Ministry to seek availability of metallurgical coal on long-term basis, a top official said.
“What we are asking the Coal Ministry is that when they auction the coking coal mines they should do it long-term, so that if the private sector wants to invest upon the washeries they are free to invest upon it,” Steel Secretary Aruna Sharma said. Currently, domestic steel makers meet 70 per cent of their coking coal requirement through imports. Millennium post
Read Also : SJVN CMD Geeta Kapur Inaugurates Construction Works at Sunni Dam Project in Himachal Pradesh
News Must Read
- SJVN CMD Geeta Kapur Inaugurates Construction Works at Sunni Dam Project in Himachal Pradesh
- PESB Selects R Veerabahu as Director (Finance) for Braithwaite & Co. Limited
- Grew Energy bags largest order of 200 MW Contract of SECI's Auction
- CPCL Reports 39% YoY Drop in Q4 Net Profit, Declares Rs 55 per Share Dividend
- SJVN Limited inaugurates India's first Multi-purpose Green Hydrogen Pilot Project
- KRDCL, RVNL JV emerges as the Lowest Bidder for Redevelopment of Thiruvananthapuram Central Railway Station
- REC Ltd. has incorporated subsidiary company BPTL
- Hon’ble Vice President of India Confers `Outstanding PSU of the Year’ Award on HAL
- BharatPe Launches India’s first All-in-One Payment Device
- NBCC registers historical Performance in FY2023-24