India’s Crude Steel Production Grows By 6% In 2017

India’s Crude Steel Production Grows By 6% In 2017

India’s crude steel production crossed the 100 million tonnes(mt) with a growth of 6.18 percent during last year. The government has taken various remedial measures to promote domestic steel sector which amongst others include trade measures such as anti dumping duties, safeguard duties and temporary introduction of Minimum Import Price

Budget 2018: Solar industry seeks clarity, relief in safeguard duty

Budget 2018: Solar industry seeks clarity, relief in safeguard duty

Budget 2018: Concerned over future of the sunrise industry which is facing threat due to the proposed imposition of 70 per cent safeguard duty on import of solar power equipment, sector experts are expecting some breather from the Union Budget 2018-19. Industry experts believe that the imposition will not only increase the tariff by almost Re 1.

Mathura Refinery Revamps Units Ahead Of BS-VI Fuel Rollout

Mathura Refinery Revamps Units Ahead Of BS-VI Fuel Rollout

Mathura refinery has decided to go for innovation and revamp of its two units to meet the challenge of 100 per cent production of BS-VI grade fuel by 2020, a director said. “With the addition of third reactor in series to the existing two reactors and furnace, Prime G (gasoline de-sulphurization) unit of Mathura refinery is being revamped for ensuring BS-VI petrol with sulphur content 8ppm (wt),” Mathura Refinery’s Executive Director Larry Wright Khongwir told reporters yesterday.

Indian Railways Status: 22 Trains Cancelled, 40 Running Late Due To Low Visibility In Northern Region

Indian Railways Status: 22 Trains Cancelled, 40 Running Late Due To Low Visibility In Northern Region

Foggy conditions continue to affect railway services in the northern region on Wednesday with 65 trains getting delayed, cancelled or rescheduled. According to the Northern Railways Chief Public Relations Officer (CPRO) Nitin Chowdhary, at least 22 trains have been cancelled, 40 trains were running late and three have been rescheduled owing to poor visibility due to the fog.

From Bharatmala, Sagarmala to Railways, in 2018, Assets Recycling Critical For Infrastructure Growth

From Bharatmala, Sagarmala to Railways, in 2018, Assets Recycling Critical For Infrastructure Growth

The irrepressible Nassim Taleb has coined the term ‘IYI, or Intellectual Yet Idiot’ to denote those prone to making lofty predictions, but without any skin in the game. Our company has 16 operational infrastructure assets in transport and energy sectors, and our complete skin is indeed in the game. Hence the following views, as a practitioner, on the outlook for 2018. These comments are for all infrastructure, not just for the small subset of PPP that gets disproportionate attention.

Bhushan Energy’s Plea to Change IRP Sustainable: NCLT

Bhushan Energy’s Plea to Change IRP Sustainable: NCLT

The National Company Law Tribunal (NCLT) on Friday held as sustainable Bhushan Energy’s (BEL) plea to change the insolvency resolution professional (IRP) from consultancy firm Deloitte as the IRP for its already-admitted parent, Bhushan Steel (BSL), is also from the same firm. The IRP had been nominated by State Bank of India.

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