Tata Steel stops coal purchase from Russia after April announcement

24 Jun 2022 CW Team

Tata Steel has not made any purchase of Pulverised Coal Injection (PCI) coal from Russia post its April announcement of severing business relations with Russia amid the ongoing conflict with Ukraine.

Tata Steel had said it would stop doing business with Russia on April 20. All its steel manufacturing sites in India, the Netherlands, and the UK have sourced alternative supplies of raw materials to end its reliance on Russia to ensure business continuity.

Tata Steel would like to clarify its view of the incorrect information floating around in some areas of the media concerning the buying and importing of coal from Russia.

In March 2022, a deal for the supply of 75,000 tonne of PCI coal was finalised, and the agreement became effective weeks before Tata Steel's April notification.

In May 2022, the shipment was received to honour the business commitment made before the notification.

Tata Steel has not made any fresh buy of PCI coal from Russia. As a responsible corporate, the firm has and will continue to remain determined to our stated outlook and resulting obligations.

The pulverised coal is employed by steelmakers in the blast furnace(BF) as an auxiliary fuel. Pulverised Coal Injection (PCI) is a method that involves injecting large volumes of fine coal particles into the BF raceway.

Image Source

Also read: Tata Steel to install its first EAF facility

Real Estate

04 Aug 2026

LML Realty Launches Cinema Campaign on Industrial Vision

LML Realty has launched a cinema advertising campaign in partnership with PVR INOX across 81 screens in Gurugram and Faridabad, showcasing the brand’s transformation from a mobility icon to an industrial infrastructure developer.The campaign features a cinematic brand film tracing LML’s journey since 1972, beginning with its iconic scooters and highlighting its evolution into creating infrastructure solutions that support India’s manufacturing growth.The film focuses on LML Industrial Park at Jhirka Valley, the company’s flagship industrial development approved under the Haryana Govern..

IIM Ahmedabad Publishes Case Study on HoABL’s Business Model

The Indian Institute of Management Ahmedabad (IIMA) has published a case study on The House of Abhinandan Lodha (HoABL), examining the company’s digital-first consumer journey and business model that created India’s branded land category.Titled “HoABL: Ready for Scaling Up”, the case study has been published by the IIMA Case Centre and co-authored by Sourav Borah, Associate Professor of Marketing at IIMA, and Dr Aparna Kansal of IMT Ghaziabad. IIMA case studies are used across management and executive education programmes to help students and business leaders analyse strategic decision..

Advait Energy and MEIL Partner for Energy Transition Projects

Advait Energy Transitions Limited (AETL) and Manipal Energy Infratech Limited (MEIL), a company of The Manipal Group, have entered into a strategic Memorandum of Understanding (MoU) to collaborate on power and energy transition opportunities across India and international markets.The partnership aims to combine AETL’s expertise in innovative energy technologies and manufacturing with MEIL’s EPC execution capabilities and project management experience. The collaboration will focus on opportunities across Power Transmission & Distribution, Renewable Energy, Battery Energy Storage Systems..