India, RAK Mull Long Term Deal For Limestone And Green Steel

03 Jul 2025 CW Team

Union Steel Minister H D Kumaraswamy met Ras Al Khaimah (RAK) ruler Saud Bin Saqr Al Qasimi in Dubai to discuss securing long term access to low silica limestone from the UAE and collaborating on green steel production. The talks coincided with the Minister’s inauguration of new overseas offices for state owned engineering firm MECON and miner NMDC.

Both sides examined opportunities in green hydrogen, value added steel exports from India, and setting up calcined lime plants in RAK that would use the emirate’s limestone and natural gas. Kumaraswamy invited RAK to join Indian ventures in infrastructure, energy components and raw material supply chains, calling steel “the backbone of our infrastructure, mobility, energy and manufacturing sectors”. RAK’s mineral resources and focus on clean energy, he said, make it a natural partner for India’s next generation steel strategy.

NMDC’s Dubai base will hunt for mineral asset acquisitions, joint venture partners, and diversified supplies of steel grade limestone, dolomite and other critical minerals for India’s clean energy transition. Dubai’s location at the junction of Asia, Africa and Europe positions the office as a hub for building international supply chains that feed Indian industry.

MECON’s new branch will lead on industrial project execution, oil and gas infrastructure design, steel plant expansion consultancy, green steel decarbonisation plans and digital twin technologies.

SAIL, India’s largest steelmaker, already imports about 2.5 million tonnes of limestone a year from RAK based Stevin Rock and plans to raise volumes as it increases capacity from 20 to 35 million tonnes per annum.

Infrastructure Urban

30 Oct 2025

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors...To read the full article Click Here..

Serene Communities, Prathima Group Invest Rs 4 billion in Hyderabad

Serene Communities by Columbia Pacific, India’s largest senior living operator, has partnered with Prathima Group to develop two senior living projects in Hyderabad, marking its entry into Telangana. The collaboration represents an investment of Rs 4 billion, combining Serene’s international expertise with Prathima’s local development experience. The first project, Serene BILVANI One, launched in Shankarpally, is Hyderabad’s first premium senior living community. Designed for independent and active ageing, it features senior-friendly architecture, barrier-free design, and wellness..

India remains our most important market

Foundamental, the world’s leading venture capital platform focused on the project economy, has launched its third fund to strengthen its presence in India, APAC, and other global markets. Led by Berlin-based Managing Partners Shubhankar Bhattacharya and Patric Hellermann, Fund III aims for a final close by the end of 2025. In an exclusive interaction with CW, Bhattacharya shares insights on the fund’s mandate, India’s role in their strategy, and the opportunities they see in the construction-tech and project-based sectors. Can you briefly explain Fund III’s mandate and how In..