Speaking on the occasion, Sunil Duggal, Group CEO, Vedanta said: “We have a long-term approach to water management that aims to improve our performance, recognize the significance of water and contribute to sustainable water management. We will continue our journey by continuously improving this score.”
At 12.48 lakh tonne, JSW Steel's capacity utilisation climbed to 83 per cent in May.
The company recorded consolidated steel sales of 7,97,000 tonnes which saw a growth of 26% compared to sales of 631,000 tonnes during the same period in the previous year.
This is first case of confirmation at the company headquarters since the outbreak of the pandemic. The office has been closed for June 3 and June 4 and the employees have been asked to work from home.
The historic campus of SER headquarters at Garden Reach was left badly damaged by Cyclone Amphan which ravaged Kolkata and its suburbs on May 20, 2020.
The minister chaired a video conference with officials from Ministry of Steel, Ministry of Road Transport and Highways, Ministry of Railways, INSDAG, SAIL and steel fabricators from Bhilai to work out the details of the plan.
"Hans van den Berg, in his current role as vice-chairman of the Board of Management of Tata Steel Netherlands, will take over tasks from Theo Henrar as of 1 June," a spokesperson for Tata Steel Europe told ET. "There is no decision yet who will be the new chairman of this Board of Management," the official added.
AAI vice-chairman Rahul Sharma said in an official statement that the association feels it is apparent that price of solar RECs in the last one year have shot up by more than 125% from Rs 1000/MWhr to Rs 2250/MWhr, resulting in an additional burden of Rs 1.25/kwh of RE energy compliance for all consumers.
The company said this while sharing its outlook for domestic steel demand in the coming months, even as it reported a standalone EBITDA at Rs 1,562 crore during Q4FY20, a rise of 8% QoQ.
Several other manufacturers too said that even if there was an eventuality of employees testing positive, they will follow the standard operating procedures (SOP) and inform the local authorities, but production will continue.
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