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Russia's Steel Producer Severstal Sells U.S. Assets for $2.3 Billion

...Severstal will sell its North America steel plants to AK Steel and Steel Dynamics...
       Tuesday, July 22, 2014 Mining

EU, U.S. Tighten Grip with Sanctions on Russian Energy Firms

...The EU and U.S. have sanctioned Russian energy companies...
       Tuesday, July 22, 2014 Production

Reliance Industries' Pipeline to Ease Gas Supply in North-Central India

...Reliance Industries Limited's (RIL) (BSE: 500325) (Mumbai) upcoming $70-billion Shahdol-Phulpur gas pipeline may turn to be a major boon for the industrial consumers in Uttar Pradesh and Madhya Pradesh, as a host of gas-starved...
       Monday, July 21, 2014 Transmission

State Grid of China to Kick Off Construction of Eight Ultra-High-Voltage Transmission Lines

...State Grid Corporation of China will kick off construction of eight ultra-high-voltage transmission lines in a year's time...
       Monday, July 21, 2014 Power

Mining Ban in India Forces Steel Giants to Import Expensive Iron Ore

...Steel producers in India are forced to rely on expensive imported iron ore as scant domestic supply fails to meet the country's growing demand...
       Friday, July 18, 2014 Mining

India's Clean Energy Push May Attract $775-million Investment from World Bank

...India may see investment pouring into the country's clean energy sector as the new government's plan to give fiscal and policy support to attract international investors...
       Friday, July 18, 2014 Power

Russian Steelmaker Severstal Sells U.S. Subsidy PBS Coals to Corsa Coal

...OAO Severstal will sell PBS Coals to Corsa Coal Corporation...
       Friday, July 18, 2014 Mining

India to Double Gas Pipeline Capacity to Promote Cleaner Fuel

...In a bid to provide cleaner energy options to its people Government of India seeks to double its existing gas pipeline infrastructure of 14,805-kilometer (km). The new government in India has set a goal to add 15,000-km of new gas...
       Wednesday, July 16, 2014 Transmission

China's June Power Consumption Rises Up 5.9 Percent from Same Month in 2013

...China's power consumption in June grew by 5.9% over the same month last year...
       Wednesday, July 16, 2014 Power

Metals CEOs More Worried than Most Regarding Risks, Challenges

...Chief executives in the metals sectors are more downbeat than their peers in other industrial sectors regarding future risks and challenges, according to a new survey report...
       Tuesday, July 15, 2014 Mining

Indian Government to Infuse $84 Million in Large-scale Solar Power Projects

...To give impetus to solar power generation in the country the Government of India has proposed an allocation of about $84 Million budgetary support for the execution of ambitious Ultra Mega Solar Power Projects....
       Monday, July 14, 2014 Power

OECD Upgrades Turkey's GDP 2014 Growth Forecast to 3.3%

...The Organization of Economic Corporation and Development increased its growth forecast for the Turkish economy this year to 3.3% from an earlier estimate of 2.2%...
       Monday, July 14, 2014 Manufacturing

India Extends Tax Holiday for Power Companies to 10 Years

...India's Finance Minister, Arun Jaitely, has set a new trend in his maiden budget by extending the current tax holiday enjoyed by companies involved in the business generation, transmission or distribution of power for a straight ten years' period instead of an annual...
       Friday, July 11, 2014 Power

India Increases Budgetary Support to Power Sector by 11%

...In a bid to turnaround the country's crisis-plagued power sector Finance Minister, Arun Jaitely has increased the budgetary support for the power sector to $10 billion for the ongoing 2014-15 fiscal, from the revised...
       Friday, July 11, 2014 Power

U.S. No. 1 for Utility-Scale Solar Power, South Africa Joins Global Top 10

...A new report ranks the U.S. number one in utility-scale solar power, and puts South Africa in the top 10....
       Friday, July 11, 2014 Power

World Bank Lends $400 Million to Gas Sector Development in Turkey

...The World Bank has loaned $400 million to Turkey's Gas Sector Development Project...
       Thursday, July 10, 2014 Terminals

India's New Government on Power Reform Spree; Fast Tracks Critical Rail Links to Improve Coal Transport

...Giving another fillip to its power sector reform programs the newly formed Government in India has announced to expedite construction of three critical rail corridors to facilitate faster transportation of coal...
       Wednesday, July 9, 2014 Power

China Implements Strict Air Pollution Standards for Thermal Power Plants

...China has implemented new air pollutants emission standards for thermal plants, including special limits for key areas in the Beijing-Tianjin-Hebei, the Yangtze River Delta and the Pearl River Delta...
       Tuesday, July 8, 2014 Power

Wuhan Plans to Invest More than $2 Billion to Build 25 New Substations by 2017

...Central China's Wuhan will invest more than $2 billion to build 25 new 220-kilovolt substations by 2017, under a power plan approved by the city government June 30...
       Monday, July 7, 2014 Power

Thai Cement Manufacturers Look to Tap ASEAN Market, as Domestic Demand Slumps

...Marred by a dip in domestic demand and political instability in the country Cement manufacturers in Thailand are now revamping their business plans focusing more on...
       Friday, July 4, 2014 Mining

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