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1.L&T plans ports in Gujarat and Orissa

L&T plans to develop two greenfield ports in India. The company sees huge opportunities in this space as both east and west coasts face substantial increase in overall traffic and lack of handling Capacities.

2.Coal Ministry nod must for Tata Steel's Power Project

An Environment Ministry's panel has made it clear to Tata Steel that its proposal to set up a power plant in coal-bearing region of Jharkhand will not be approved unless it is cleared by the coal ministry.

3.Tata Steel upgrades UK units

Tata Steel completed the £2 mn upgradation project at its hot-rolled strip processing units, located in the West Midlands of UK. The final investment has come from installing a leveller at a cost of £500,000, which will come on-stream in January 2012

4.Riversdale, Tata Steel to invest in Mozambique coal project

Tata Steel and Australian company Riversdale Mining are planning an investment of Rs 1,279 crore to undertake the initial phase-one development of the Benga Coal project in Tete province of Mozambique.

5.Tata Steel joins hands with two Canadian firms for ore project

Tata Steel has proposed to invest about Rs 1,300 crore in a joint venture for an iron ore project in Canada.

6.BOC India to invest Rs 600 crore in ASU at Tata Steel

BOC India, a member of The Linde Group, will invest Rs 600 crore to set up an air separation unit (ASU) at Tata Steel's plant in Jamshedpur.

7.Tata Steel plans Gopalpur port development

Tata Steel, which is developing a multi-product SEZ along with an industrial park near Gopalpur in south Odisha´s Ganjam district, is likely to participate in the upgradation

8.BHP raises coking coal prices 55 per cent

BHP Billiton has signed a coking coal deal with Indian steelmakers at $200 per tonne, up 55 per cent from last year's prices.

9.Tata Steel to commission Dhamra Port

Tata Steel Ltd plans to commission the first phase of the Rs 2,400 crore Dhamra Port in Orissa by July.

10.On the spot

HM Nerurkar, Executive Director, Tata Steel, who was recently appointed as the company’s new Managing Director, has over 35 years of experience in the steel industry. Gifted with a natural flair for nurturing innovation and strong business acumen, Nerurkar has also helped Tata Steel in being among the top 10 steel producers in the world with an existing annual crude steel production capacity of 30 million tonne per annum.

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