Salem Steel Plant's Unit 3 Privatization Put on Hold
Steel

Salem Steel Plant's Unit 3 Privatization Put on Hold

In a significant move, the government has decided to scrap the sale of the third unit of the Salem Steel Plant, which is under the Steel Authority of India Limited (SAIL). The privatization process, initially set in motion, has now been put on hold. This decision marks a crucial development in the country's industrial landscape, impacting the future trajectory of the Salem Steel Plant. The move to halt the privatization aligns with the government's strategic considerations for the steel sector. The Salem Steel Plant, a key player in the steel industry, has been a focal point for discussions surrounding privatization. The decision to stop the sale of its third unit has implications for both the plant itself and the broader economic context.

In a significant move, the government has decided to scrap the sale of the third unit of the Salem Steel Plant, which is under the Steel Authority of India Limited (SAIL). The privatization process, initially set in motion, has now been put on hold. This decision marks a crucial development in the country's industrial landscape, impacting the future trajectory of the Salem Steel Plant. The move to halt the privatization aligns with the government's strategic considerations for the steel sector. The Salem Steel Plant, a key player in the steel industry, has been a focal point for discussions surrounding privatization. The decision to stop the sale of its third unit has implications for both the plant itself and the broader economic context.

Next Story
Resources

Ajmera Realty launches tree drive on Environment Day

Ajmera Realty & Infra India marked World Environment Day with a large-scale tree plantation initiative—Plant-with-Purpose—across its projects in Mumbai and Bangalore. The drive was inaugurated at Ajmera Manhattan and Ajmera Greenfinity in Wadala, with senior company officials and residents in attendance. The campaign encourages residents to embrace eco-conscious, self-reliant lifestyles by growing useful plants and trees within their communities. Horticulture expert Devendra Bhekar guided residents on creating and maintaining green spaces. Ajmera Realty planted over 500 trees..

Next Story
Resources

Twaron®-reinforced tyre powers Brunel’s solar race car

Teijin Aramid’s Twaron® with circular content will debut in Bridgestone’s race tyres for the 2025 Bridgestone World Solar Challenge, supporting the Brunel Solar Team’s Nuna 13 car. This marks the first use of the recycled-content aramid in a high-performance race tyre. The Twaron®-reinforced belts help enhance durability, reduce rolling resistance, and maintain lightweight strength—critical for the 3,000-km solar race across Australia. Bridgestone combines this with ENLITENTM tech and other recycled inputs to maximise environmental and performance outcomes. Teijin Aramid, a..

Next Story
Building Material

Kamdhenu Paints launches new wood coating range

Kamdhenu Paints has launched a comprehensive premium wood coating range designed for both interior and exterior applications. The collection includes high-performance solutions like Kamwood 2K PU for a rich matt or high-gloss finish, Kamwood 1K PU for clarity and stain protection, and the Kamwood Melamyne system for a smooth, durable finish. Also featured are Kamwood Wood Stains, which enhance wood grains with vibrant colour, and NC Sanding Sealer for high-build grain filling. The range is supported by Kamwood Thinners for ease of application and optimal finish. Saurabh Agarwal, MD, ..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?