Govt Enforces ‘Melt and Pour’ Rule for All Steel in Public Projects Nippon Steel expected to finalize U.S. Steel acquisition at $55 per share NMDC Limited reports a 38% drop in Q4 FY24 consolidated net profit RINL to Raise $23 Million Through Land Sales Amid Crisis
Indian Coast Guard (ICG) and Hindalco Industries inked a Memorandum of Understanding (MoU) to manufacture and supply indigenous marine-grade aluminium to Indian public and private shipyards for ship construction. The MoU will also provide benefits such as quarterly pricing, priority in supplies, and a Turnover discount.
The ICG fleet is presently operating 67 ships with aluminium hulls with the capability of operating in shallow waters. To further boost coastal security, it has planned to induct more such vessels where the indigenously manufactured marine-grade aluminium will be utilised.
The MoU was signed by Deputy Director General (Materiel & Maintenance), ICG IG HK Sharma and CEO of Downstream Aluminum Business, Hindalco Shri Nilesh Koul, in the presence of senior officials of the ICG.
Also Read : Ministry of mines charts bold agenda at 63rd CGPB meeting Ministry of coal launches India’s first ever pilot project for underground coal gasification in Jharkhand
India’s Bharat PetroResources Ltd, the exploration arm of refiner Bharat Petroleum Corp is loo...
Oil & Gas 08-Feb-2024
State-owned GMDC announced that it has received approval to expand the capacity of its Surkha lignit...
Raw Material 10-Jan-2024
The Ministry of Heavy Industries has declared a new scheme to promote e-mobility in the country with...
Announcement 14-Mar-2024
Armed Forces Medical Services (AFMS) under the Ministry of Defence and All India Institute of Medica...
Defence 11-Jan-2024
Tata Steel Tubes Division crosses 1 million tonnes in FY25. Strong demand in infra, auto, and const...
Business 19-Apr-2025
· Land disputes and pending clearances have delayed RSP’s expansion and Rourkela...
Construction 07-Mar-2025