steel manufacturing India - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in/tag/steel-manufacturing-india/ Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra Mon, 30 Mar 2026 06:32:51 +0000 en-US hourly 1 https://wordpress.org/?v=6.8.3 https://newsmantra.in/wp-content/uploads/2019/05/cropped-newmantra-logo-32x32.png steel manufacturing India - newsmantra.in l Latest news on Politics, World, Bollywood, Sports, Delhi, Jammu & Kashmir, Trending news | News Mantra https://newsmantra.in/tag/steel-manufacturing-india/ 32 32 Coal India to Invest Rs 3,300 Crore in New Coking Coal Washeries to Boost Domestic Steel Industry https://newsmantra.in/coal-india-rs-3300-crore-coking-coal-washeries-steel-industry/ Mon, 30 Mar 2026 06:32:51 +0000 https://newsmantra.in/?p=79153 KOLKATA. Coal India plans to invest around Rs 3,300 crore to set up eight new coking coal washeries by 2029-30, adding a total capacity of 21.5 million tonnes per year to improve coal quality and reduce reliance on costly imports. The company will also spend Rs 300 crore on modernizing...

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]]> KOLKATA. Coal India plans to invest around Rs 3,300 crore to set up eight new coking coal washeries by 2029-30, adding a total capacity of 21.5 million tonnes per year to improve coal quality and reduce reliance on costly imports. The company will also spend Rs 300 crore on modernizing existing washeries to enhance efficiency.

Additionally, Coal India is monetizing some assets and collaborating with Tata Steel to increase domestic supply of quality coking coal, aiming to strengthen the steel industry and save foreign exchange.

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]]> Ministry Of Steel Signs MoUs For 85 Projects With Investments Of Over 11000 Crore https://newsmantra.in/ministry-of-steel-mous-85-projects-pli-11000-crore/ Tue, 10 Feb 2026 12:23:35 +0000 https://newsmantra.in/?p=76996 NEW DELHI. Ministry of Steel today signed Memorandum of Understanding (MoUs) for 85 projects with investments of more than 11 thousand crore rupees in New Delhi. The Ministry said that MoUs have been signed with 55 companies under the third round of Production-Linked Incentive (PLI) Scheme 1.2. Addressing the gathering...

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]]> NEW DELHI. Ministry of Steel today signed Memorandum of Understanding (MoUs) for 85 projects with investments of more than 11 thousand crore rupees in New Delhi. The Ministry said that MoUs have been signed with 55 companies under the third round of Production-Linked Incentive (PLI) Scheme 1.2.

Addressing the gathering after the MoU signing ceremony, Minister for Steel and Heavy Industries H.D. Kumaraswamy underscored that PLI 1.2 is a decisive step towards building a resilient and globally competitive speciality steel ecosystem. He noted that the scheme advances the twin national priorities of Make in India and Aatmanirbhar Bharat by encouraging domestic capacity creation in advanced and strategic steel products. The Minister highlighted that PLI 1.2 seeks to address the structural gap by incentivising domestic production, conserving foreign exchange, and positioning India as a reliable global supplier of advanced steel.

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