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Setting up of Steel Plants

November 26, 2012

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Press Information Bureau

Government of India

Ministry of Steel

26-November-2012 15:37 IST

The Minister of Steel, Shri Beni Prasad Verma has said that Steel is a de-regulated sector and Memorandum of Understanding (MoU) is purely an understanding between the concerned State Government and the respective steel investors. Ministry of Steel does not monitor the progress of MoUs. As per the available information in the Ministry of Steel, the details of MoUs signed by various State Governments during the last three years are given at Annexure-A.

In a written reply in the Lok Sabha today Shri Verma said, it is a fact that several companies could not start setting up plants as per their respective MoUs. Major factors limiting the progress of the steel projects in the country include non-availability of adequate land, raw material linkages, environmental clearances besides the effect of market downswings and opposition by the local people.

He said, although progress of each and every steel project is not monitored by the Ministry of Steel, some of the major steel projects where no noticeable progress has been made from date of signing of MoUs are as follows:

Company

State

Capacity

Year of signing of MoU

Status

Tata Steel Limited

Odisha

6 mtpa

2004

Preliminary work on land acquisition, rehabilitation and resettlement is on.  Company has sought grant for mining lease from the State Government. Order for equipment and services has been placed and some consignments have already arrived.

 

Chhattisgarh

5 mtpa

2005

Land has been acquired by State Government, approval received for drawing water from Sabri river, Ministry of Railways has granted in-principle approval for railway corridor, public hearing for the Environment Clearance successfully conducted.  Prospecting License for iron ore granted in Bailadila-I deposits.

JSW Steel Limited

West Bengal

10 mtpa

2007

Financial closure is under planning

 

Jharkhand

10 mtpa

2005

Approvals for setting up the project are being pursued.

Posco India Limited

Odisha

8 mtpa

2005

Land Acquisition facing local protest; MoU expired, revived with capacity scaled down at 8 mtpa from 12 mtpa

Arcelor Mittal India Limited

Jharkhand

12 mtpa

2005

Land acquisition under-way

 

Odisha

12 mtpa

2006

Land availability still a major issue.

(Source: Joint Plant Committee)

***

NSK/DB

Annexure- A

Details of MoUs in the Steel Sector for the last three years

(a) Chhattisgarh

 S.No.

Year

No. of MoUs

Company

1

2009

1

Sky Alloys & Power Ltd.

2

2010

2

Godavari Power & Ispat Ltd.

Rashi Strips Pvt. Ltd.

3

2011

 

-

(b) Gujarat

S.No.

Year

No. of MoUs

Company

1

2009

14

Sainest Tubes Pvt. Ltd

Sunrise Enterprise (Tsingshan Holding)

Bedumutha Wire Com Ltd;

Chandan Steel Limited(MoU No. 883)

Chandan Steel Limited (MoU No. 7268)

Gujarat Mint & Alloys Limited(MoU No. 7272)

Gujarat Mint & Alloys Limited(MoU No.7273)

Electrotherm (India)Ltd

Global Hi-Tech Ind Ltd;

Indian Steel Corporation Limited

Ratnamani Metals & Tubes Ltd(MoU No. 7306)

Ratnamani Metals & Tubes Ltd;(MoU No. 7307)

Chandan Steel Limited(MoU No.5362)

Chandan Steel Ltd.(MoU No.6789)

2

2010

-

 

3

2011

39

Samrat House Ware Pvt Ltd;

Sathyam Steel Roof Structures Ltd.

Shri Sai Auto Tubes Mill Ltd;

Umiya metals pvt. Ltd

RS Infra Transmission Ltd

Jaybharatsteel Corportation

M & B Engineering Pvt Ltd

Kaviish Focus Pipes Pvt. Ltd;(MoU No.2943)

Kavish Focus Pipers Pvt. Ltd;(MoU No. 2941)

Nildhara Limited

Kavish Focus Pipes Pvt. Ltd.(MoU No. 2942)

Rishi Laser Limited

New castle Stainless Steel Limited

Rajputana Stainless Limited

ASR Multimetals Private Limited

Veer Infrastructure

Modern Tube Industries Ltd

Jindal stainless steelway ltd;

Steelcast Limited

B D Overseas & Fiscal Services Ltd.

Welspun Corp Ltd;

Sanghvi Forging and Engg Ltd

Metropolitan steel Pvt. Ltd;

Umiya metals private limited(MoU No. 2948)

Umiya Metals Pvt Ltd.(MoU No. 2947)

Umiya Metals Pvty Ltd.(MoU No. 2874)

Welspun Steel Ltd.

Rajesh Exports(MoU No.5729)

Rajesh Exports (MoU No.2832)

Steel Cast Limited

Good luck steel tubes limited

Gyscoal Alloys Limited

Sunflag Iron and Steel Co Ltd.

Okay Tools Pvt Ltd.

Steel cast ltd.

Sree Balajee TMT Roo Mills Pvt Ltd.

Annannya Impex Pvt. Ltd.

Pennar Engineered Building Systems Ltd.

M.V. alloys

(c) Jharkhand

S.No.

Year

No. of MoUs

Company

1

2009

1

Jupiter Iron Industries Pvt. Ltd.

2

2010

--

 

3

2011

2

Jai Balajee Industries Ltd.

Balajee Industrial Products Ltd.

(d) Karnataka

S.No.

Year

No. of MoUs

Company

1

2009

16

Prakash Sponge Iron and Power Ltd

MSPL Ltd.

E-Ramamurthy Minerals & Metals Pvt. Ltd.

SE Steel Ltd.

Kasturi Ispat Pvt. Ltd

Hazira Steel Ltd.

Sri Kumaraswamy Mineral Exports

Maharashtra Seamless Pvt. Ltd.

Karnataka Steel Pvt. Ltd

Shakti Steel & Power Industries Ltd.

JSW Steel Ltd

JSW severfield Structures Ltd.

NMDC Ltd.

PBS Steel & Power Industries Pvt. Ltd.

Ravindra Trading and Agencies Ltd

Artch Steel Industries Pvt. Ltd.

2

2010

49

VIC Steels Pvt Ltd.

Aradya Steel Pvt. Ltd.(2)

MSP Energy Ltd.

Artech Steel Industries Pvt. Ltd

Surana Industries Ltd.

PMB Metaliks Pvt. Ltd.

PBS Steel & Power Industries Pvt. Ltd.

SLR Metaliks Ltd.

Bhushan Steel Ltd.

Bhadrashree Steel & Power ltd.

JSW Steel Ltd.

JSW Severfield Structures Ltd.

Jindal Saw Ltd

Tata Metaliks Ltd.

Kirloskar Ferrous Industries Ltd.

Southern Ferro Ltd.

Adhunik Metaliks Ltd.

Posco-India Pvt. Ltd.

Shree Renuka Energy Ltd.

Ravindra Trading & Agencies Ltd.

Vishwanath Sugars Ltd.

HRG Alloys and Steel Pvt. Ltd.

Divya Jyoti Steels Ltd. (2)

VSL Mining Co. Pvt. Ltd.

`Upendran Mining & MFG Pvt. Ltd

Techno Fortune India Pvt. Ltd.

Mahalakshmi Profiles Pvt. Ltd.

Kalawati Ispat & Power Pvt. Ltd.

Karnataka Steel Pvt. Ltd.

Mineral Enterprises Ltd.

RBSSN Ferrous Industries Pvt. Ltd.

Mittal Steels Ltd.

Doddanavar Manjinzhao Mining & Metallurgy Pvt. Ltd.

Gallant Metal Ltd.

UR Steels Pvt. Ltd.

Supra Steel & Power Pvt. Ltd.

Kej Minerals Pvt. Ltd.

Swastik Steel (Hospet) Pvt. Ltd.

SBQ Steels Ltd.

Arcelor Mittal India Ltd.

Hazira Steel Ltd.

Concast Infrastructure Pvt. Ltd.

Amrutha Constructions Pvt. Ltd.

Amereddy Steel & Power Pvt. Ltd.

Bramhani Industries Karnataka Ltd.

NMDC Ltd.

Varun Industries Ltd.

3

2011

08

KNK Corp Pvt. Ltd.

Man Global Ltd.

Shree Ram Electrocast Pvt. Ltd.

Luxor Iron & Steel Pvt. Ltd.

Alucast Auto Parts Ltd.

Zeenath Transport Company

JSW Projects Ltd.

Shantha Steel & Power Pvt. Ltd.

(e) Odisha

S.No.

Year

No. of MoUs

Company

1

 

2009

--

2.

2010

1

Amtek Metal & Mining Ltd.

3

 

2011

--

*******

Topics

Acts Income Tax
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