TMI BlogSetting up of Steel PlantsX X X X Extracts X X X X X X X X Extracts X X X X ..... Setting up of Steel Plants - News and Press Release Dated:- 26-11-2012 - News - Press Information Bureau Government of India Ministry of Steel 26-November-2012 15:37 IST The Minister of Steel, Shri Beni Prasad Verma has said that Steel is a de-regulated sector and Memorandum of Understanding (MoU) is purely an understanding between the concerned State Government and the respective steel investors. Ministry of Steel does not monitor the progress of MoUs. As per the available information in the Ministry of Steel, the details of MoUs signed by various State Governments during the last three years are given at Annexure-A. In a written reply in the Lok Sabha today Shri Verma said, it is a fact that several companies could no ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t start setting up plants as per their respective MoUs. Major factors limiting the progress of the steel projects in the country include non-availability of adequate land, raw material linkages, environmental clearances besides the effect of market downswings and opposition by the local people. He said, although progress of each and every steel project is not monitored by the Ministry of Steel, some of the major steel projects where no noticeable progress has been made from date of signing of MoUs are as follows: Company State Capacity Year of signing of MoU Status Tata Steel Limited Odisha 6 mtpa 2004 Preliminary work on land acquisition, rehabilitation ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... and resettlement is on. Company has sought grant for mining lease from the State Government. Order for equipment and services has been placed and some consignments have already arrived. Chhattisgarh 5 mtpa 2005 Land has been acquired by State Government, approval received for drawing water from Sabri river, Ministry of Railways has granted in-principle approval for railway corridor, public hearing for the Environment Clearance successfully conducted. Prospecting License for iron ore granted in Bailadila-I deposits. JSW Steel Limited West Bengal 10 mtpa 2007 Financial closure is under planning Jharkhand 10 mtpa 2005 Approvals for setting ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... up the project are being pursued. Posco India Limited Odisha 8 mtpa 2005 Land Acquisition facing local protest; MoU expired, revived with capacity scaled down at 8 mtpa from 12 mtpa Arcelor Mittal India Limited Jharkhand 12 mtpa 2005 Land acquisition under-way Odisha 12 mtpa 2006 Land availability still a major issue. (Source: Joint Plant Committee) *** NSK/DB Annexure- A Details of MoUs in the Steel Sector for the last three years (a) Chhattisgarh S.No. Year No. of MoUs Company 1 2009 1 Sky Alloys Power Ltd. 2 2010 2 Godava ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ri Power Ispat Ltd. Rashi Strips Pvt. Ltd. 3 2011 - (b) Gujarat S.No. Year No. of MoUs Company 1 2009 14 Sainest Tubes Pvt. Ltd Sunrise Enterprise (Tsingshan Holding) Bedumutha Wire Com Ltd; Chandan Steel Limited(MoU No. 883) Chandan Steel Limited (MoU No. 7268) Gujarat Mint Alloys Limited(MoU No. 7272) Gujarat Mint Alloys Limited(MoU No.7273) Electrotherm (India)Ltd Global Hi-Tech Ind Ltd; Indian Steel Corporation Limited Ratnamani Metals Tubes Ltd(MoU No. 7306) Ratnamani Metals Tubes Ltd;(MoU No. 7307) Chandan Steel Limited(MoU No.5362) Chandan Steel Ltd.(MoU No.6789) 2 2010 - ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 3 2011 39 Samrat House Ware Pvt Ltd; Sathyam Steel Roof Structures Ltd. Shri Sai Auto Tubes Mill Ltd; Umiya metals pvt. Ltd RS Infra Transmission Ltd Jaybharatsteel Corportation M B Engineering Pvt Ltd Kaviish Focus Pipes Pvt. Ltd;(MoU No.2943) Kavish Focus Pipers Pvt. Ltd;(MoU No. 2941) Nildhara Limited Kavish Focus Pipes Pvt. Ltd.(MoU No. 2942) Rishi Laser Limited New castle Stainless Steel Limited Rajputana Stainless Limited ASR Multimetals Private Limited Veer Infrastructure Modern Tube Industries Ltd Jindal stainless steelway ltd; Steelcast Limited B D Overseas Fiscal Services Ltd. Welspun Corp Ltd; Sanghvi Forging and Engg Ltd Metropolitan steel Pvt. Ltd; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Umiya metals private limited(MoU No. 2948) Umiya Metals Pvt Ltd.(MoU No. 2947) Umiya Metals Pvty Ltd.(MoU No. 2874) Welspun Steel Ltd. Rajesh Exports(MoU No.5729) Rajesh Exports (MoU No.2832) Steel Cast Limited Good luck steel tubes limited Gyscoal Alloys Limited Sunflag Iron and Steel Co Ltd. Okay Tools Pvt Ltd. Steel cast ltd. Sree Balajee TMT Roo Mills Pvt Ltd. Annannya Impex Pvt. Ltd. Pennar Engineered Building Systems Ltd. M.V. alloys (c) Jharkhand S.No. Year No. of MoUs Company 1 2009 1 Jupiter Iron Industries Pvt. Ltd. 2 2010 -- 3 2011 2 Jai Balajee Industries Ltd. Balajee ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Industrial Products Ltd. (d) Karnataka S.No. Year No. of MoUs Company 1 2009 16 Prakash Sponge Iron and Power Ltd MSPL Ltd. E-Ramamurthy Minerals Metals Pvt. Ltd. SE Steel Ltd. Kasturi Ispat Pvt. Ltd Hazira Steel Ltd. Sri Kumaraswamy Mineral Exports Maharashtra Seamless Pvt. Ltd. Karnataka Steel Pvt. Ltd Shakti Steel Power Industries Ltd. JSW Steel Ltd JSW severfield Structures Ltd. NMDC Ltd. PBS Steel Power Industries Pvt. Ltd. Ravindra Trading and Agencies Ltd Artch Steel Industries Pvt. Ltd. 2 2010 49 VIC Steels Pvt Ltd. Aradya Steel Pvt. Ltd.(2) MSP Energy Ltd. Artech Steel Industries Pvt. Ltd S ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... urana Industries Ltd. PMB Metaliks Pvt. Ltd. PBS Steel Power Industries Pvt. Ltd. SLR Metaliks Ltd. Bhushan Steel Ltd. Bhadrashree Steel Power ltd. JSW Steel Ltd. JSW Severfield Structures Ltd. Jindal Saw Ltd Tata Metaliks Ltd. Kirloskar Ferrous Industries Ltd. Southern Ferro Ltd. Adhunik Metaliks Ltd. Posco-India Pvt. Ltd. Shree Renuka Energy Ltd. Ravindra Trading Agencies Ltd. Vishwanath Sugars Ltd. HRG Alloys and Steel Pvt. Ltd. Divya Jyoti Steels Ltd. (2) VSL Mining Co. Pvt. Ltd. `Upendran Mining MFG Pvt. Ltd Techno Fortune India Pvt. Ltd. Mahalakshmi Profiles Pvt. Ltd. Kalawati Ispat Power Pvt. Ltd. Karnataka Steel Pvt. Ltd. Mineral Enterprises Ltd. RBSSN Ferrous Industries ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Pvt. Ltd. Mittal Steels Ltd. Doddanavar Manjinzhao Mining Metallurgy Pvt. Ltd. Gallant Metal Ltd. UR Steels Pvt. Ltd. Supra Steel Power Pvt. Ltd. Kej Minerals Pvt. Ltd. Swastik Steel (Hospet) Pvt. Ltd. SBQ Steels Ltd. Arcelor Mittal India Ltd. Hazira Steel Ltd. Concast Infrastructure Pvt. Ltd. Amrutha Constructions Pvt. Ltd. Amereddy Steel Power Pvt. Ltd. Bramhani Industries Karnataka Ltd. NMDC Ltd. Varun Industries Ltd. 3 2011 08 KNK Corp Pvt. Ltd. Man Global Ltd. Shree Ram Electrocast Pvt. Ltd. Luxor Iron Steel Pvt. Ltd. Alucast Auto Parts Ltd. Zeenath Transport Company JSW Projects Ltd. Shantha Steel Power Pvt. Ltd. (e) Odisha S.No. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Year No. of MoUs Company 1 2009 -- 2. 2010 1 Amtek Metal Mining Ltd. 3 2011 -- ******* - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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