JSW and Tata Steel bid for Bhushan Power on the final day
JSW Steel and Tata Steel bid for Bhushan Power & Steel on the final day for submission of bids. JSW Steel has gained an edge with an offer of Rs 13,000 crore over Tata Steel that has made an offer of Rs 11,500 crore to bid for the debt-laden company.
11th Indian Coal Markets Conference commences
mjunction services limited, a joint venture between Tata steel and SAIL, is hosting the 11th International Coal Markets Conference. The conference seeks to highlight the challenges plaguing the cmjunction services limited,oal industry this year and bring about a resolution for the same.
Tata Power Solar commissions 3 MW solar plant at Noamundi
With due consideration towards Tata Steel’s initiative to reducing carbon footprint, a 3 MW solar PV power plant has been commissioned at Noamundi - the first in any iron ore mine in the country. The project, covering 19 acres of land, was executed by Tata Power Solar and will help reduce CO2 emission by about 3,000 tonnes p.a.
Interruption of power supply has huge impact on steel plant
For a continuous process plant like an integrated steel plant, reliability and quality of power is very important. The quality of power is generally defined by the voltage variation, frequency variation, and number and duration of interruption.
Power of Quality
A lot of initiatives are being taken in the power sector for improving generation, transmission and distribution segments. In the generation segment, the focus is being shifted to renewable energy sources, with particular spotlight on solar, besides nuclear.
The genesis of coal mining
The bidding framework needs to have adequate risk mitigation measures in place for the bidders as well as procurers. None of us want to see another failed effort leading to cascading failure of assets from mines to power plants.
Coal bidding: Applications till June-end
The Coal Ministry has extended the deadline to June-end for submitting applications by companies for participating in the competitive bidding for three coal blocks. Earlier, interested companies were asked to submit applications by May-end. As of now, the government has received 36 applications from companies like Jindal Steel and Tata Steel in repose to the tender for allotment of mines.