Featured Story – Chromeni Steels facility roars into stainless steel industry
Mr. Pratik Shah, Director of Chromeni Steels, has a prediction for 2020: “it’s going to be a good year for the company, for India, and for the global stainless steel trade.” Mr. Shah has cause for optimism. Early in 2019, construction had finished on Chromeni’s new production facility in record-breaking time, and their operation rang in the new year at full capacity.
Essar to complete stake sale
Essar will be completing the Rs 86,000 crore sale of Essar Oil's stake to Rosneft and the investment consortium led by Trafigura and UCP in July 2017.
Dahej petrochemical plant expansion
Reliance Industries Limited plans to expand the Dahej petrochemicals plant complex in Gandhar, Gujarat. The total project value of the expansion is estimated to be USD 1.8 billion over several years.
Solar photovoltaic plant in Gujarat
Tata Group has proposed to set up the country's largest single solar photovoltaic plant with a capacity of 50MW at Mithapur in Gujarat.
Pipelines in Gujarat
Cairn India is all set to lay three pipelines in Gujarat to evacuate crude from Mangala oilfield to the nearest refinery.