Steel minister inaugurates Steel Week at Expo 2020 in Dubai
Steel

Steel minister inaugurates Steel Week at Expo 2020 in Dubai

The minister of steel, Ram Chandra Prasad Singh, inaugurated Steel Week at the Indian Pavilion at Expo 2020 in Dubai earlier this month.

The event showcases the potential of India in the sector and invites investors from the UAE, said the Union government.

The event, reflecting India’s push for new investments in the sector, happened against the backdrop of ongoing unrest against a recently proposed steel plant near the Paradip port in Jagatsinghpur district, Odisha.

India's aggressive push for new steel represents everything askew with developmental ambitions, its global role in mitigating carbon emissions, its pretence about safeguarding the rights of indigenous communities, and its regard for public health and safety.

Moreover, the steel ministry is pushing for new investments when the production capacity of the country is already more than its current production and demand.

The integrated steel plant, with a production capacity of 13.2 million tonnes per annum (mtpa), will be supported by a 900-MW captive power plant that is proposed to be constructed by JSW Utkal Steel Limited. The Rs 65,000-crore project will need about 3,000 acres of common lands. The project will also have a cement plant of 10 mtpa and captive jetties with a handling capacity of 52 mtpa.

The project is proposed to be constructed at the same site where a South Korean company, POCSO, was to build a steel plant. The memorandum of understanding (MoU) between POCSO and the Odisha state government, signed in 2005, was greeted with stiff resistance from the locals. The conflict continued until 2016, leaving 10 civilians injured by the state’s security forces.

The movement pushed the National Green Tribunal for an environmental clearance relook given to the project. In its order in 2016, the tribunal criticised the government for considering only 4 mtpa in its environmental impact assessment while the project’s capacity was 12 mtpa.

Image Source

Also read: India produces 120 mt of crude steel in 2022: Steel Minister

The minister of steel, Ram Chandra Prasad Singh, inaugurated Steel Week at the Indian Pavilion at Expo 2020 in Dubai earlier this month. The event showcases the potential of India in the sector and invites investors from the UAE, said the Union government. The event, reflecting India’s push for new investments in the sector, happened against the backdrop of ongoing unrest against a recently proposed steel plant near the Paradip port in Jagatsinghpur district, Odisha. India's aggressive push for new steel represents everything askew with developmental ambitions, its global role in mitigating carbon emissions, its pretence about safeguarding the rights of indigenous communities, and its regard for public health and safety. Moreover, the steel ministry is pushing for new investments when the production capacity of the country is already more than its current production and demand. The integrated steel plant, with a production capacity of 13.2 million tonnes per annum (mtpa), will be supported by a 900-MW captive power plant that is proposed to be constructed by JSW Utkal Steel Limited. The Rs 65,000-crore project will need about 3,000 acres of common lands. The project will also have a cement plant of 10 mtpa and captive jetties with a handling capacity of 52 mtpa. The project is proposed to be constructed at the same site where a South Korean company, POCSO, was to build a steel plant. The memorandum of understanding (MoU) between POCSO and the Odisha state government, signed in 2005, was greeted with stiff resistance from the locals. The conflict continued until 2016, leaving 10 civilians injured by the state’s security forces. The movement pushed the National Green Tribunal for an environmental clearance relook given to the project. In its order in 2016, the tribunal criticised the government for considering only 4 mtpa in its environmental impact assessment while the project’s capacity was 12 mtpa. Image Source Also read: India produces 120 mt of crude steel in 2022: Steel Minister

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code