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Epc World News Updates and Information on Steel Industry

Le 11 août 2014, 06:57 dans Humeurs 0

Geradu likely to inaugurate steel plant in Andhra in Oct

Hyderabad: Brazil’s special steel giant, Gerdau will inaugurate its Indian steel plant in October this year. This is the company’s first investment in Asia.

Spread across 846 acres, the steel plant will have an installed capacity of 300,000 tonnes. The plant located in Tadipatri in Anantapur district of Andhra Pradesh has been set up at an investment of $400 million.

Executives of Gerdau Special Steel on Wednesday met Chief Minister N. Chandrababu Naidu to invite him for the inauguration. The delegation was led by Executive director of the company Mark Marcucci, executive vice president and chief financial officer Andra Pires De Oliveira Dias and executive vice president Guilherme C. Gerdau Johannpeter. The officials also discussed expansion plans with the chief minister.

Steel production rises 7.9% in past five years

New Delhi: Indian steel production has registered compound annual growth rate of 7.9 % in the past five years on back of rise in consumption and high utlisation ratio, according to Economic Survey.

“In the last five years, domestic crude steel production grew at a compound annual growth rate of 7.9%. Such an increase in production was driven by 9.8% growth in crude steel capacity, high utilisation rates and a 7% growth in domestic steel consumption,” the survey added.

Construction segment accounts for 60% of India’s steel demand followed by automobiles accounting for 15% of steel consumption. Both these sectors had a bad run last fiscal.

The survey further added that during 2013-14 the capacity utilization stood at 82%; although the consumption grew marginally by 0.6%.

JSW Steel’s Vijaynagar Plant bags PM’s trophy for Excellence in performance

Mumbai: JSW Steel’s Vijayanagar plant situated in Karnataka has been bestowed with the prestigious Prime Minister’s Trophy for excellence in performance for the year 2012-13. The Vijayanagar unit is the first integrated steel plant in the country to produce 10 million tonnes of steel from a single location.

The trophy has been awarded for being the best integrated steel plant in the country based on overall performance and different parameters.

“Winning the Prime Minister’s Trophy for our Vijayanagar facility is a matter of great pride for us and reinforces our commitment to pursue excellence in all our endeavours. I am confident that this award will go a long way in setting new benchmarks in efficiency and practices,” expresses Dr Vinod Nowal, Deputy Managing Director, JSW Steel.

The award, intended to spur steel plants to achieve international standards of efficiency, quality and economy in operations, is evaluated by the panel of judges comprising technologists, economists, consumers of steel and workers’ representatives. The award is evaluated on a set of criteria covering operational, financial, market, export, quality, customer satisfaction, environment and human resource related parameters.

It is awarded annually by the Prime Minister of India and carries a trophy along with a cash prize of Rs2 crore. The award will be bestowed by Honourable Prime Minster Narendra Modi at a ceremony to be held in New Delhi.

EPC World News Bureau


Le 7 juillet 2014, 10:47 dans Humeurs 0

India, Iran join hands for skill development

New Delhi: India’s National Skill Development Corporation (NSDC) and Iran’s Technical and Vocational Training Organisation (TVTO) have joined hands to promote skill development in both the countries. The agreement was signed and skill partnership was discussed by both the organization on Sunday.

“This is an exclusive initiative to enhance collaborations in skill development in both the countries and share working models and experiences,” NSDC chief executive Dilip Chenoy said.

As per the pact, NSDC will support Iran’s not for profit organization in creating a vocational education and training system, undertake skill gap studies in various sectors and across geographies, set up sector skills councils, formation of national occupational standards and launching of special projects.

“Our partnership with India will focus on innovative approach to address skills shortage in both the countries, and explore long-term solutions for young people entering the workforce,” Iranian deputy minister Kourosh Parand said.

The sector skill councils will impart skill in construction, agriculture, handicraft, textiles, apparel, capital goods, automotive, IT-ITeS, healthcare, hydrocarbons, security, plumbing, electronics, mining, telecom, aviation and aerospace, food processing and hospitality.

APSEZ, CMA CGM Group ink pact to set up fourth Container Terminal at Mundra

Ahmedabad: India’s largest port developer, Adani Ports & SEZ Ltd today inked pact with France based CMA CGM Group to build up a new Container Terminal at Mundra Port, according to company statement.

“This new container terminal will be an absolutely world class facility that will stimulate the growth of cargo benefiting our customers as well as help accelerate the industrial development over the vast hinterlands that Mundra provides access to. This will make Mundra the largest container port in the country,” expresses Gautam Adani Chairman of the Adani Group.

This 650 m terminal along with 27 hectares of back area will be the fourth Container Terminal in Mundra. This world class terminal, with a capacity to handle 1.3 million TEUs per annum, will primarily have four Rail Mounted Quay Cranes (65 tonne) capable of handling 18,000 TEU vessels and Super Post and Ultra Large Container Vessels. Besides, the yard equipment will have twelve lift rubber tyred container gantry cranes (41 tonne).

Construction on the said project will commence immediately and is slated for completion in 24 months.

Seven new projects approved for development of North Eastern Region

New Delhi: The Ministry of Development of North Eastern Region (DoNER) has approved seven  new projects worth Rs87.88 crore during current financial year 2014-15 (up to 30th June 2014).The projects, sanctioned under Non Lapsable Central Pool of Resources(NLCPR) scheme, are in various sectors like road construction, irrigation scheme and renewing electric installations.

Around five projects have been approved in the road segment. These include construction of an approach road from Chokpot in South Garo Hills to Jetra (Rs1764.76 lakh), Construction of road from 52.0 km point of NH 154 – Katlicherra Grant of District Hailakandi to Veterbond – Dullavcherra NEC road of Dist Karimganj (Rs 1616.58 lakh), Construction of Nyodu Sibe Siru Road in West Siang District (Rs1949.98 lakh), Construction of road from Pakoti to Kamsha Village (Rs950.81 lakh) and Construction of road from Parsi-Parlo (Patuk ADC HQ (Rs500.52 lakh).

Besides, the government has approved Thengkhari Barhola Pathar Irrigation Scheme worth Rs410.32 lakh and Remodeling of Electrical Installation including System Improvement Works at Rhenock Bazar and adjoining areas in East Sikkim valued Rs1595 lakh.

EPC World News Bureau

ROAD and Bridges Construction and Development Infrastructure News

Le 30 juin 2014, 11:00 dans Humeurs 0

Uttar Pradesh highway projects fail to attract bidders

Lucknow: The seven highway projects in Uttar Pradesh have failed to attract any bidder despite the tenders being floated five times, states an official. The state government had invited tenders for repair and four laning of Balrampur-Gonda-Jarwal, Shahjahanpur-Hardoi-Lucknow, Muzaffarnagar-Saharanpur, Etah-Shikohabad, Akbarpur-Jaunpur-Mirzapur-Dudhi, Tarighat-Bara road and Aligarh-Mathura highways. However no private company or contractor came forward to take these projects.

“These roads are in bad shape and the state government wanted to repair and four-lane them before the onset of monsoons, but this is apparently not going to happen now,” said the official.

Although the traffic estimates on the roads, according to the study taken by the state government, were high, the interested contractors back downed because of bottlenecks in land acquisition procedures and in getting no objection certificates (NoCs). These highway projects were to be awarded on PPP model.

The chief minister’s office will now give directives on the situation, the official said.

Govt approves Rs40,000 cr road projects; targets to build 30 kms/day

New Delhi: In a move to accelerate highway construction, the Union Ministry of Road Transport and Highways have given nod to projects valued over Rs40,000 crore to be constructed across the country over the next two to three years.  Besides, Nitin Jairam Gadkari, Union Road Transport and Highways Minister has also set an ambitious target of building 30 kms of roads per day.

Of Rs40,000 crore, highway projects worth Rs20,000 crore would come up in Jammu & Kashmir, Rs 15,000 crore road projects in the North East, Rs 6,000 crore new road network in Uttarakhand and realigning roads in Himachal Pradesh.

“We have approved projects worth Rs 20,000 crore for Jammu & Kashmir. They include 2-laning and 4-laning of National Highways in the state some roads projects in Leh and Ladakh,” informed the Minister.

According to him, these projects, to be complete in the coming two-and-a-half years, will boost tourism in the state.

The ministry announced road projects over Rs15,000 crore for country’s north east region – Assam, Manipur, Meghalaya, Mizoram, Arunachal Pradesh, Nagaland and Tripura. For Uttarakhand, the minister plans brand new road network. “We will set up a new highway network in the state and will invest Rs6,000 crore for that,” he stated.

Further, one-way roads in the hilly state of Himachal Pradesh are also proposed by the government.

Road Minister Gadkari has also reviewed over 250 road projects worth about Rs60,000 crore which were on hold due to reasons such as land acquisition and environment and forest clearance.

“These stalled projects would be up and running in the next three months,” he updates adding that the ministry is trying to get faster clearances.

Accelerating held up highway projects top priority: Pal

New Delhi: Accelerating highway projects that were stalled during the UPA reign tops the list of the new government, Krishan Pal, Minister of State for Road Transport & Highways and Shipping expressed after assuming charge of his Ministry.

“The pace of development of highways sector took a hit during 10 years of UPA regime. My priority will be to accelerate highways building for a sound infrastructure of the nation,” Pal said.

Various bottlenecks have brought Rs1.5 lakh crore highway projects to a halt.

The Minister further stressed on improving the quality of roads, adding more highways to the network and focusing on safety. “Road safety will be another focus area for us,” he said adding that concerted efforts will be made to make Delhi congestion free and to minimize road accidents.

Pal who is also holds the Shipping portfolio stressed on expediting projects in the Shipping sector.


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