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.
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.
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
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.
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.