◆RIL, HPCL and two others to run sugar mills in Bihar
【Patna】The Mukesh Ambani-led Reliance Industries Limited (RIL), state-run oil firm Hindustan Petroleum Corporation Limited (HPCL) and two other companies, who had submitted financial bids for reviving 6 of the 13 state-owned sick sugar mills in Bihar, were awarded financial contracts.
◆The decision of the coal ministry disappoints the sponge iron units
【Kolkata】The Union ministry of coal has sanctioned 19.4 million ton of long-term coal linkages to the sponge iron sector. However the decision has not eliminated the supply shortage faced by 286 sponge iron units in the country.
【ニューデリー】インド政府は先月２８日、『１９６６年サトウキビ統制令(Sugarcane Control Order, 1966)』に修正を加え、「製糖工場にのみサトウキビからエタノールを製造することを認める」と通達した。最近ビハール州政府が経営する製糖工場を買収し、エタノールの製造に乗り出したReliance Industries Ltd(RIL)やHindustan Petroleum Corporation Ltd(HPCL)は、同通達により計画の見直しを強いられそうだ。（...続きを読む）
◆Govt puts a spanner in RIL, HPCL's ethanol-making plans
【New Delhi】The government issued a notification on 28 December 2007 amending the Sugarcane (Control) Order, 1966 that, in effect, allows only sugar mills to produce ethanol from sugarcane. This notification put a spanner in the plans of oil companies like Reliance Industries Ltd (RIL) and Hindustan Petroleum Corporation Ltd (HPCL) to make ethanol directly from sugarcane, without producing sugar.
【New Delhi】India's industrial growth plummeted to 5.3 per cent in November 2007, after notching a growth of 11.8 per cent in October last year. If it is compared to the 15.8 per cent growth registered in November 2006, it translates to a 66.45 per cent decline in growth rate year-on-year.
【Mumbai】Mumbai-based copper tube manufacturer Nissan Copper is mulling to start copper mining in Tasmania, a small island south of Australia, as the centerpiece of backward integration strategy with an estimated capital expenditure of Rs 800 crore.
◆GDP to grow at 8.7% in 2007-08 : CSO advance estimate
【New Delhi】The Indian economy is slated to grow by 8.7 per cent during the current fiscal. It marks a five-year dream run starting from 2003-04 and this level of growth may be unprecedented in India's recorded history.
【ニューデリー】全国気体包接化合物探査プログラム(NGHP:National Gas Hydrate Programme)の下、東海岸沖合で実施された初の高度な気体包接化合物探査プログラムの結果、インドには２０００兆立方フィートのガスハイドレートが存在することが明らかになった。（...続きを読む）
◆India has 2,000 trillion cubic ft gas hydrate reserves
【New Delhi】India has around 2,000 trillion cubic ft (tcf) of prognostic resources of gas hydrates. This is the results of the first advanced gas hydrate exploration programme conducted in the eastern offshore under the Indian National Gas Hydrate Programme (NGHP).
【ニューデリー】製造／鉱業／電力３部門の成長が揃って鈍化したことから２００７年１２月の工業生産指数(IIP:Index of Industrial Production)の伸びは７．６％と、前年同月の１３．４％に比べ大幅に減速した。（...続きを読む）
◆Industrial output growth plummets to 7.6% in Dec
【New Delhi】The Index of Industrial Production (IIP) growth has nose-dived to 7.6 per cent in December from 13.4 per cent in the same month in 2006 on account of widespread deceleration in manufacturing, mining and electricity, among other sectors.
【New Delhi】The 10 closed state-owned sugar mills, which did not fetch good response to an earlier tender issued in November, are set to be auctioned againe.The Bihar Government has decided to invite fresh bids for them.
【ニューデリー】石油省は、PMT(Panna/Mukta and Tapti)鉱区からReliance Industries Ltd(RIL)の石油化学プラントに対するガス供給を再開することを認めたが、RIL以外の消費者には同様の優遇措置は認められない見通しだ。（...続きを読む）
◆Reliance to receive 3.6 mmscmd gas from PMT fields
【New Delhi】The Petroleum Ministry has decided to restore gas supplies to Reliance Industries' petrochemical plants from Panna/Mukta and Tapti fields, but other consumers may not get such preferential treatment.
◆Fertiliser industry dissatisfied over budget proposals
【Chennai】Though the fertiliser industry will benefit from the reduction in duty on sulphur, which has been cut from 5% to 2%, and the Rs 60,000-crore ($15 billion) farm loan waiver package, the fertiliser industry has remained unimpressed over budget proposals.
◆Bankers anxiously awaiting details on loan write-off
【Mumbai】Bankers are now anxiously awaiting finer details on the proposal to write-off loans to the tune of Rs 60,000 crore extended to farmers announced by finance minister P Chidambaram in Budget 2008-09.
【コルカタ】インド政府が立案した『総合的エネルギー計画(Integrated Energy Plan)』の下、２０３１－３２年までに約２３億４０００万トンの石炭需要が見込まれ、原料炭の生産、炭層メタン等のクリーン・コール技術、技術労働者、石炭の輸入及びロジスティクス等、石炭関連事業に１０００億米ドルの投資が必要とされる。（...続きを読む）
◆Coal sector needs $100 billion in 23 years
【Kolkata】The Integrated Energy Plan formulated by the Centre has envisaged a coal requirement of about 2.34 billion ton by 2031-32 and the estimated investment on the overall coal sector by that period, which includes the investment on raw coal production, clean coal technologies like coal bed methane (CBM), technological manpower, coal imports and logistics, would be around $100 billion.
【New Delhi】The $8-billion India's first coal-to-liquid (CTL) project, proposed by Tata group and its partner Sasol of South Africa, the world's largest producer of oil from coal, has been cleared by an inter-ministerial group (IMG).
【New Delhi】In what seems to be a confirmation of an industrial slowdown, the growth of six core infrastructure industries fell to 4.2 per cent in January from 8.3 per cent in the corresponding month last year.
◆Govt to ask iron ore producers to cut their prices
【New Delhi】The Government will begin dialogue with iron ore producers next week to sensitise them on problems being faced by steel utilities so that steel makers are able to get raw materials at reasonable cost.
◆RIL invites EoIs for development of its gas and CBM blocks
【Mumbai】Reliance Industries Ltd (RIL) has invited two EoI(expression of interest)s for the development of its gas discoveries and for the supply of material and services for its coal bed methane (CBM) blocks.
【コルカタ】チャッティースガル州地質学鉱業総局(DGM:Directorate of Geology and Mining)は、最近の調査と探査活動 ﾊじ石炭、鉄鉱石、ボーキサイト、石灰岩の新鉱床を発見した。（...続きを読む）
◆New coal, iron ore deposits found in Chhattisgarh
【Kolkata】Chhattisgarh state's directorate of geology and mining announced that new deposits of coal, iron ore, bauxite and limestone had been discovered in the mineral-rich state in a recent survey and prospecting conducted by them.
【New Delhi】High growth in the production of coal, power and cement pulled up the Index of six core infrastructure industries output to 8.7% in February compared to 7.6% in the same month last year and much higher than a downwardly revised 3.1% in January 2008.
【Kolkata】If a steel company wants to import coking coal which accounts for 50 per cent of the raw material cost for steel, will have to shell out Rs 12,000 per tonne, 200 per cent, or Rs 8,000 a tonne, more than the price for the previous contract at $98 a tonne, or about Rs 4,000 a tonne.
【ニューデリー】オリッサ州とジャールカンド州に合計８万クロー(US$197.26億)を投じ、２つのメガ製鉄所の建設を計画するArcelorMittalは、Coal India Ltd(CIL)と５０：５０の合弁でコークス用炭を生産することを提案した。（...続きを読む）
◆Mittal proposes 50:50 JV for coking coal projects
【New Delhi】Lakshmi N Mittal, president & CEO, ArcelorMittal which plans to invest Rs 80,000 crore for steel plants in Orissa and Jharkhand, has proposed a 50:50 joint venture with Coal India (CIL) for coking coal projects.
【ニューデリー】政府が２週間前に閣議承認した全国鉱物政策(NMP:National Mineral Policy)には探査活動を促し鉱物の供給を拡大する方策が盛り込まれている反面、鉄鉱石等の鉱物輸出を規制し国内資源の保存を図る案は採用されなかった。（...続きを読む）
◆Mineral policy sidestepping the issue of capping export
【New Delhi】The Cabinet two weeks ago cleared the National Mineral Policy (NMP) which had suggested steps to push up mineral exploration to boost availability, while sidestepping the issue of capping export of minerals like iron ore and conserve it within the country.
【Chennai】Import of vegetable oils, for cooking and industrial use, in March 2008 at 5.02827 lakh tonnes were 28 per cent higher than March 2007. Cumulatively, overall shipments into the country during the first 5 months of the current oil year (November 2007-October 2008) at 22.64 lakh tonnes were 38 per cent higher against 16.43 lakh tonnes in the corresponding period of the previous oil year.
【ニューデリー】鉱物産地の州代表等から成る作業委員会が『１９５７年鉱山鉱物開発及び規則法(MMDR法：Mines and Mineral -Development and Regulation- Act, 1957)』の修正に関して依然として合意が得られないことから、新全国鉱物政策(NMP:National Mineral Policy)の発効は再度遅延するものと予想されている。（...続きを読む）
◆Mineral policy likely to be delayed again
【New Delhi】In a development that could act as the postponement of the implementation of the new National Mineral Policy (NMP), the working group comprising officials of mineral-rich states is yet to reach a consensus over the proposed amendments to the Mines and Mineral (Development and Regulation) Act, 1957 (MMDR Act).
◆Edible oil prices up, non-edible oils get scattered enquiries
【New Delhi】Select edible oil prices led by Soyabean mill delivery rose in the wholesale oils and oilseeds market during the week on heavy buying and strong global cues. On the other side, non-edible oils continued to be traded in a limited range on scattered enquiries from consuming industries.
【New Delhi】A steep hike in mineral prices, including iron ore, and increasing cost of food items led to the wholesale price index-based annual rate of inflation (WPI) rising 7.33 per cent in the week ended April 12, accelerating from the previous week's annual rise of 7.14 per cent and much higher than the 6.34 per cent in the same week last year.
◆India predicts record grain harvest in the year ended March, 2008
【New Delhi】India has forecast a record food grain harvest in the crop year ended March 31, 2008 which would total a record 227.32 million tonnes, up from 217.28 tonnes the previous year, with output of rice, wheat, pulses, oilseeds and other crops beating previous highs.
◆New coal distribution policy to be unveiled in 2 months
【Kolkata】The government will chalk out a plan within a couple of months to increase production beyond target and liquidate stocks to carry out its duty of making coal available even to small consumers.
◆Industrial growth sinks to six-year low at 3% in March
【New Delhi】The country's industrial output nose-dived to a six-year low of 3% in March 2008, compared with the 14.8% in March 2007, even as overall industry grew by a decent 8.1% during April-March of 2007-08. However it slipped from 11.6 per cent a year ago.
【New Delhi】Driven by finished steel and cement production, the index for the six infrastructure industries grew by a healthy 9.6 per cent in March 2008, although it was slightly lower than the previous year's 10.5%.
◆Central directive deals a blow to Bihar's ethanol hub plan
【Patna】Bihar government's plan to develop the state as an ethanol hub with five investment proposals amounting to Rs 14,000 crore has been inflicted a severe blow by a central directive that prohibits production of ethanol from sugarcane juice.
【Chennai】Coromandel Fertilisers Ltd (CFL) of the Murugappa group and Singapore-based Getex Ocean Trades Pte Ltd have floated a 50-50 joint venture company, Singapore-headquartered Coromandel Getex Phosphates Pte Ltd, to explore rock phosphate sources globally.
【ムンバイ】Coal India Ltd (CIL)は先端的地下採鉱技術を導入する狙いから国際入札を募集した。（...続きを読む）
◆Coal India invites global bid for technology
【Mumbai】Coal India Ltd (CIL) has floated a global tender to select the best state of art technology for underground coal mining.
【コルカタ】インド最大の鉄鉱石生産者で輸出業者でもあるNational Mineral Development Corporation Ltd(NMDC)が、国内市場向け供給を拡大し、輸出利益と国内販売利益の不均衡を是正する狙いから、日本の鉄鋼メーカーと韓国の浦項製鉄所(Posco)への鉄鉱石輸出政策に見直しを加える可能性が予想されている。 （...続きを読む）
◆NMDC reviewing iron ore exports to Japan, Posco
【Kolkata】National Mineral Development Corporation (NMDC) Ltd, India's largest iron ore producer and exporter, may review exports to Japanese steel mills and South Korea's Posco in order to increase availability in the domestic market and restore the anomaly in net realisations from exports and domestic prices.