Steel minister inaugurates Steel Week at Expo 2020 in Dubai
Steel

Steel minister inaugurates Steel Week at Expo 2020 in Dubai

The minister of steel, Ram Chandra Prasad Singh, inaugurated Steel Week at the Indian Pavilion at Expo 2020 in Dubai earlier this month.

The event showcases the potential of India in the sector and invites investors from the UAE, said the Union government.

The event, reflecting India’s push for new investments in the sector, happened against the backdrop of ongoing unrest against a recently proposed steel plant near the Paradip port in Jagatsinghpur district, Odisha.

India's aggressive push for new steel represents everything askew with developmental ambitions, its global role in mitigating carbon emissions, its pretence about safeguarding the rights of indigenous communities, and its regard for public health and safety.

Moreover, the steel ministry is pushing for new investments when the production capacity of the country is already more than its current production and demand.

The integrated steel plant, with a production capacity of 13.2 million tonnes per annum (mtpa), will be supported by a 900-MW captive power plant that is proposed to be constructed by JSW Utkal Steel Limited. The Rs 65,000-crore project will need about 3,000 acres of common lands. The project will also have a cement plant of 10 mtpa and captive jetties with a handling capacity of 52 mtpa.

The project is proposed to be constructed at the same site where a South Korean company, POCSO, was to build a steel plant. The memorandum of understanding (MoU) between POCSO and the Odisha state government, signed in 2005, was greeted with stiff resistance from the locals. The conflict continued until 2016, leaving 10 civilians injured by the state’s security forces.

The movement pushed the National Green Tribunal for an environmental clearance relook given to the project. In its order in 2016, the tribunal criticised the government for considering only 4 mtpa in its environmental impact assessment while the project’s capacity was 12 mtpa.

Image Source

Also read: India produces 120 mt of crude steel in 2022: Steel Minister
Redefine the future of urban mobility! Join us at the Metro Rail Conference 2025 to explore groundbreaking ideas and insights. 👉 Register today!

The minister of steel, Ram Chandra Prasad Singh, inaugurated Steel Week at the Indian Pavilion at Expo 2020 in Dubai earlier this month. The event showcases the potential of India in the sector and invites investors from the UAE, said the Union government. The event, reflecting India’s push for new investments in the sector, happened against the backdrop of ongoing unrest against a recently proposed steel plant near the Paradip port in Jagatsinghpur district, Odisha. India's aggressive push for new steel represents everything askew with developmental ambitions, its global role in mitigating carbon emissions, its pretence about safeguarding the rights of indigenous communities, and its regard for public health and safety. Moreover, the steel ministry is pushing for new investments when the production capacity of the country is already more than its current production and demand. The integrated steel plant, with a production capacity of 13.2 million tonnes per annum (mtpa), will be supported by a 900-MW captive power plant that is proposed to be constructed by JSW Utkal Steel Limited. The Rs 65,000-crore project will need about 3,000 acres of common lands. The project will also have a cement plant of 10 mtpa and captive jetties with a handling capacity of 52 mtpa. The project is proposed to be constructed at the same site where a South Korean company, POCSO, was to build a steel plant. The memorandum of understanding (MoU) between POCSO and the Odisha state government, signed in 2005, was greeted with stiff resistance from the locals. The conflict continued until 2016, leaving 10 civilians injured by the state’s security forces. The movement pushed the National Green Tribunal for an environmental clearance relook given to the project. In its order in 2016, the tribunal criticised the government for considering only 4 mtpa in its environmental impact assessment while the project’s capacity was 12 mtpa. Image Source Also read: India produces 120 mt of crude steel in 2022: Steel Minister

Next Story
Infrastructure Urban

Osaka Expo 2025 to Feature World’s Largest Wooden Structure

Osaka Expo 2025 will showcase the world’s largest wooden structure—a spectacular canopy encircling the 155-hectare exhibition grounds. Designed by architect Sou Fujimoto, the structure combines cutting-edge technology with Japan’s thousand-year tradition of wooden construction to create a futuristic yet sustainable landmark.“This is the biggest wooden construction in the world, so we used the latest technology alongside Japan's ancient craftsmanship to achieve a futuristic design,” Mr Fujimoto said. Rigorous testing ensured the strength of the beams and joints for the immense structu..

Next Story
Infrastructure Energy

India ranks 6th globally with 127 Net-zero firms

India has secured the sixth position globally in corporate climate action, with 127 companies committing to net-zero targets under the Science- Based Targets initiative (SBTi), according to the latest report from ICRA ESG Ratings.Although India contributes approximately 7 per cent of global emissions, its corporate commitments reflect a growing awareness of climate concerns. However, high-emission sectors such as power, energy, and cement are lagging in adopting these goals.The report reveals that fewer than 10 per cent of firms in these high-emission sectors, which contribute to 55 per cent o..

Next Story
Infrastructure Energy

Power prices fall 31% amid renewable push

The average price of electricity traded on India’s power exchanges during October-November 2024 fell by 31 per cent year-on-year (YoY) to Rs.3.61 per unit in the Day-Ahead Market (DAM), down from Rs.5.23 per unit in the same period last year. Similarly, Real-Time Market (RTM) prices dropped by 29 per cent to Rs.3.59 per unit, compared to Rs.5.04 per unit a year ago, as per industry data. The price drop was driven by a surge in renewable energy generation, particularly hydro and wind power, supported by favourable monsoon conditions. Improved fuel availability and government-led ini..

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