JSW Group explores acquiring of coking coal mines in offshore markets

31 May 2023 CW Team

JSW Group, a prominent homegrown firm, is actively exploring opportunities to acquire coking coal mines in offshore markets, according to industry sources. The steel-to-infrastructure group is targeting mineral assets in countries such as Australia and Mozambique. The acquisition of captive coking coal mines would enable JSW Steel, a subsidiary of JSW Group, to reduce its production costs and enhance its steel manufacturing capabilities. Currently, India heavily relies on imports to fulfill approximately 85% of its coking coal requirements, with distant countries like Australia, South Africa, Canada, and the US being the major sources. JSW Steel, being one of India's leading steel manufacturers, relies on imports for 60% of its coking coal needs.

Equipment

14 Jan 2026

Ingersoll Rand Launches RSbn Nirvana Screw Compressors

Ingersoll Rand (India) has launched the RSbn Nirvana Series screw air compressors in India, aimed at helping industries reduce energy consumption and operating costs. Available in the 7 kW to 250 kW range, the new series is equipped with an inbuilt Variable Frequency Drive (VFD) and a high-efficiency IE5 Permanent Magnet motor, designed for applications with fluctuating air demand.The RSbn Nirvana Series aligns compressed air output precisely with real-time demand, addressing energy losses associated with conventional load–unload compressor operations. This is particularly relevant for..

M3M India, Smartworld Partner ELIE SAAB for Branded Homes

M3M India and Smartworld Developers have partnered with global fashion and lifestyle brand ELIE SAAB to launch Signature Residences by ELIE SAAB in Gurugram and Noida, marking the brand’s first branded residential developments in India. The projects reflect a growing demand for globally benchmarked luxury living among Indian homebuyers.Planned as two distinct developments, the residences will be located at Sector 111, Smart City Delhi Airport (SCDA), Gurugram, and Sector 98, Noida. The collaboration brings together M3M India and Smartworld Developers’ regional execution expertise with ELIE..

AI-Powered Luxury Villas Redefine Tier-2 Living in Lucknow

Amor, the flagship residential development by CCS Infratech, has announced the launch of Lucknow’s one-of-its-kind AI-powered luxury villa community, setting a new benchmark for premium living in a Tier-2 city. Spread across approximately 10 acres, the LDA- and RERA-approved project will comprise 105 limited-edition villas, combining intelligent technology, refined architecture, and expansive green spaces.Positioned as one of the city’s first large-scale AI-enabled residential developments, Amor offers 3 and 4 BHK villas with servant quarters, private lawns, open terraces, and spacious bal..