Latest News

Union Steel Minister reviews capital expenditure of Steel PSUs

The Union Minister of Steel Ram Chandra Prasad Singh chaired a meeting to review the progress of Capital Expenditure (CAPEX) by steel PSUs

PSU Watch Bureau

New Delhi: The Union Minister of Steel Ram Chandra Prasad Singh chaired a meeting to review the progress of capital expenditure (CAPEX) by steel PSUs. Minister of State for Steel Ministry Faggan Singh Kulaste, Ministry of Steel's Secretary Pradip Kumar Tripathi (IAS) and the CMDs of steel PSUs viz. Steel Authority of India Limited (SAIL), National Mineral Development Limited (NMDC), Rashtriya Ispat Nigam Limited (RINL), Kudremukh Iron Ore Company Limited (KIOCL) and Manganese Ore (India) Limited (MOIL) and senior officers of the Ministry of Steel attended the meeting.

During the detailed review of projects under implementation, the Union Minister emphasised the importance of capital expenditure in building steel infrastructure to spur high and sustainable growth in the post-pandemic period. The Steel CPSEs were directed to step up the pace of their CAPEX and to also streamline the processes for the timely completion of projects.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

NHAI takes action against contractor, engineer for poor quality work

IEX trade volumes grow 6.5% to 10,852 MUs in June 2025

BEML hosts national conference to drive clean engine innovation for non-road machinery

SECL to raise underground mining share from 6.5% to 25% of total coal output by 2030: CMD

ONGC signs Heads of Agreement with Japan's Mitsui OSK Lines to develop ethane shipping infrastructure