Raw Material Supply to RINL from Gangavaram Port Resumes
Raw Material Supply to RINL from Gangavaram Port Resumes
PORTS & SHIPPING

Raw Material Supply to RINL from Gangavaram Port Resumes

After a hiatus of over a month, the supply of raw materials from Adani Gangavaram Port to Rashtriya Ispat Nigam Limited (RINL) has resumed. The disruption, caused by worker agitation at the port, had severely impacted RINL?s operations, which rely heavily on coking coal to manufacture steel.

RINL, based in Andhra Pradesh and one of India's top steel producers, faced significant operational challenges due to the lack of this critical raw material. The company had sought intervention from the Andhra Pradesh government to resolve the issue and ensure the resumption of coal supplies. The port workers' strike, which began on April 12, halted the transportation of coal, putting RINL in a precarious situation. This prolonged disruption threatened both the equipment and financial stability of the company, as it struggled to meet statutory payment obligations and maintain its operations.

RINL?s management, including CMD Atul Bhatt, engaged with the agitating workers and local authorities to negotiate the resumption of coal supplies. The intervention by the district administration and the implementation of court orders facilitated the reopening of the supply channels. The resumed supply is expected to stabilise RINL?s production and mitigate the risks posed by the prolonged shortage of raw materials.

This resolution marks a significant relief for RINL, enabling it to continue its production activities and maintain its contribution to the steel industry.

After a hiatus of over a month, the supply of raw materials from Adani Gangavaram Port to Rashtriya Ispat Nigam Limited (RINL) has resumed. The disruption, caused by worker agitation at the port, had severely impacted RINL?s operations, which rely heavily on coking coal to manufacture steel. RINL, based in Andhra Pradesh and one of India's top steel producers, faced significant operational challenges due to the lack of this critical raw material. The company had sought intervention from the Andhra Pradesh government to resolve the issue and ensure the resumption of coal supplies. The port workers' strike, which began on April 12, halted the transportation of coal, putting RINL in a precarious situation. This prolonged disruption threatened both the equipment and financial stability of the company, as it struggled to meet statutory payment obligations and maintain its operations. RINL?s management, including CMD Atul Bhatt, engaged with the agitating workers and local authorities to negotiate the resumption of coal supplies. The intervention by the district administration and the implementation of court orders facilitated the reopening of the supply channels. The resumed supply is expected to stabilise RINL?s production and mitigate the risks posed by the prolonged shortage of raw materials. This resolution marks a significant relief for RINL, enabling it to continue its production activities and maintain its contribution to the steel industry.

Next Story
Infrastructure Transport

Vishnu Prakash R Punglia Wins Rs.90.89 Crore Railway Contract

Vishnu Prakash R Punglia Ltd. has announced the receipt of a significant letter of acceptance (LoA) from the Office of DYCE-C-BKN-ENGINEERING, North Western Railway, Bikaner. The contract, valued at ?908.9 million, encompasses a range of infrastructure works between Sadulpur and Churu as part of the Churu-Sadulpur Doubling Project. The project involves extensive earthwork including filling and cutting in formation, blanketing, construction of minor bridges, low-height subways (LHS), foot overbridges (FOB), platforms and platform shelters, as well as S&T structures, cable ducting, and other an..

Next Story
Infrastructure Urban

India and US to Lead Critical Tech Development, Says NSA Ajit Doval

India and the United States must stay at the forefront of developing critical technologies to protect their value systems and strategic interests, National Security Advisor Ajit Doval stated. Doval made these remarks alongside his American counterpart, Jake Sullivan, during the iCET (India-US initiative on Critical and Emerging Technology) industry roundtable hosted by the Confederation of Indian Industry (CII). Doval's comments followed the unveiling of a series of transformative initiatives aimed at deepening India-US cooperation in areas such as artificial intelligence, semiconductors, cri..

Next Story
Infrastructure Energy

NTPC Partners with Macawber Beekay for Green Coal Projects in India

State-owned power giant NTPC has enlisted Macawber Beekay to supply green coal, derived from municipal solid waste (MSW), to reduce carbon emissions in electricity generation, announced the waste-to-energy firm. Macawber Beekay Private Ltd (MBL) revealed in a statement that it has secured three NTPC Green Coal projects located in Noida (Uttar Pradesh), Bhopal (Madhya Pradesh), and Hubbali (Karnataka). Green coal, a type of charcoal produced through the thermal treatment process of torrefaction in an oxygen-deficient environment, will be manufactured in three new units. These units will treat 9..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000

Join us Telegram