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NALCO | Pralhad Joshi: NALCO to invest Rs 30,000 crore on expansion by 2027-28: Pralhad Joshi

Synopsis An MoU was also signed between Odisha Mineral Exploration Corp Ltd (OMECL) and Mineral Exploration Corp Ltd (MECL) for exploration of mineral blocks of OMECL. In order to expedite the auction of mineral blocks in Odisha, relaxation in norms is also being considered, Joshi said. The Mineral Laws (Amendment) Ordinance, 2020, in January 2020, that broadly mandated the state governments to take advance action for auction of mineral blocks so that the new lease holder could be decided before the existing lease gets expired. State-run NALCO will invest nearly Rs 30,000 crore on expansion and diversification plans, union coal and mines minister Pralhad Joshi said on Wednesday.

Aatmanirbhar bharatPralhad joshiOdisha mineral exploration corp ltdMinistry of minesMineral exploration corp ltdFoundation dayOdisha mineral exploration corporation ltdOdisha mineral corporationMineral lawsபிரல்த் ஜோஷிஓடிஷா தாது ஆய்வு கார்ப் லிமிடெட்அமைச்சகம் ஆஃப் சுரங்கங்கள்தாது ஆய்வு கார்ப் லிமிடெட்அடித்தளம் நாள்ஓடிஷா தாது ஆய்வு நிறுவனம் லிமிடெட்ஓடிஷா தாது நிறுவனம்

NALCO to invest Rs 30,000 cr on expansion by 2027-28, says Pralhad Joshi

NALCO to invest Rs 30,000 cr on expansion by 2027-28, says Pralhad Joshi ANI | Updated: Jan 07, 2021 17:56 IST New Delhi [India], January 7 (ANI): Union Minister for Coal and Mines Pralhad Joshi on Thursday said that NALCO will invest around Rs 30,000 crores by the financial year 2027-28 on the company s expansion and diversification plans. Joshi made the remarks while addressing the 41st Foundation Day of NALCO today at the company s headquarters in Bhubaneswar, Odisha, the Ministry of Coal said in a press release. Out of this proposed investment, the company will spend over Rs 7000 crores on the fifth stream refinery, Pottangi bauxite mines, bauxite transportation system from south block & Utkal D & E coal mines. Remaining Rs 22,000 crores will be spent on the smelter and captive power plant (CPP) expansions, which also include expansion of the company s smelter plant at Angul district in Odisha with the construction of a 1400 MW feeder

New delhiNarendra modiAatmanirbhar bharatMineral exploration corporation ltdMinistry of coalFoundation dayOdisha mineral exploration corporation ltdOdisha mineral corporationUnion ministerMines pralhad joshiPrime minister narendra modiAluminium parkSmelter plantபுதியது டெல்ஹிநரேந்திர மோடிதாது ஆய்வு நிறுவனம் லிமிடெட்

Nalco to invest Rs 30,000 cr by 2027-28: Minister

Nalco to invest Rs 30,000 cr by 2027-28: Minister
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Naveen patnaikAtmanirbhar bharatPralhad joshiMineral exploration corporationFoundation day of nalcoOdisha mineral exploration corporation ltdNational aluminium company limited nalcoOdisha mineral corporationNational aluminium company limitedUnion ministerMines pralhad joshiFoundation dayChief minister naveen patnaikMineral exploration corporation limitedOdisha mineral exploration corporationநவீன் பாதநைக்

NALCO Plans Around Rs 30,000 Crore Investment On Expansion, Diversification By FY28

NALCO Plans Around Rs 30,000 Crore Investment On Expansion, Diversification By FY28
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Narendra modiAatmanirbhar bharatMineral exploration corporation ltdMinistry of minesFoundation day of national aluminium company ltdUnion coalOdisha mineral exploration corporation ltdOdisha mineral corporationMines minister pralhad joshiFoundation dayNational aluminium company ltdPrime minister narendra modiMineral lawsAluminium parkநரேந்திர மோடிதாது ஆய்வு நிறுவனம் லிமிடெட்

Cap on steel prices not needed in an open economy: JSPL

Cap on steel prices not needed in an open economy: JSPL Addressing a webinar organised by Care Ratings, V R Sharma, the managing director of JSPL said the government should instead lead by example by asking PSUs like Steel Authority of India Ltd and Rashtriya Ispat Nigam Ltd to reduce prices Sumant Banerji | December 29, 2020 | Updated 21:06 IST With the mood turning against the industry, Sharma of JSPL admitted that prices need to get stable over the next few months and the industry needs to be cautious about any further hike As the clamour for curbing runaway prices of steel in the domestic market is gaining momentum, one of India s largest integrated steel companies Jindal Steel and Power Ltd has said the government should resist the temptation to cap prices of the commodity and not set a benchmark on profitability in an open economy.

Nitin gadkariNarendra modiVvikas bajajDharmendra pradhanNational mineral development corporationPower ltdAssociation of indian forging industryRashtriya ispat nigam ltdSteel authority of india ltdOdisha mineral corporationJindal steelCare ratingsSteel authorityIndia ltdNational mineral developmentPrime minister narendra modi