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        News and Press Release

        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

        --

        *******

        Deregulated steel sector: MoUs are state-investor understandings and the Ministry does not monitor project progress. Steel is a deregulated sector and MoUs are state-investor understandings; the Ministry of Steel does not monitor MoU progress. Principal impediments to project implementation include land acquisition and rehabilitation, raw material linkages, environmental clearances, infrastructure approvals, market downturns, and local opposition. The Ministry summarizes status updates for major projects-covering land acquisition, licensing, financial closure planning, local protests, and scaled-down capacities-and an annexure lists state-wise MoUs and companies arising over the prior three years.
                          Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
                            Provisions expressly mentioned in the judgment/order text.

                                Deregulated steel sector: MoUs are state-investor understandings and the Ministry does not monitor project progress.

                                Steel is a deregulated sector and MoUs are state-investor understandings; the Ministry of Steel does not monitor MoU progress. Principal impediments to project implementation include land acquisition and rehabilitation, raw material linkages, environmental clearances, infrastructure approvals, market downturns, and local opposition. The Ministry summarizes status updates for major projects-covering land acquisition, licensing, financial closure planning, local protests, and scaled-down capacities-and an annexure lists state-wise MoUs and companies arising over the prior three years.


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