On the last day of March, the Directorate of Revenue Intelligence (DRI), which comes under the Union Ministry of Finance, issued a "general alert" to fiftyodd customs establishments all over India highlighting the modus operandi of overinvoicing of imports of coal from Indonesia. The DRI has claimed that money was being "siphoned" outside the ...
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The DRI had alleged that overvaluing of coal might have been done to help power companies get inflated tariffs for their generating stations. Edited by Chitranjan Kumar Published on: Oct 17, 2019 ...
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Subscribe. Steel Raw Materials is a weekly market tracker that provides independent market analysis and price forecasting for all the key steel raw materials, including: ferrous scrap grades, pig iron, iron ore, DRI/HBI, freight, coking coal and coke, energy, zinc, tin, ferroalloys and energy. Latest Analysis.
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A new analysis shows that 81% of investments in greener energy are in counties with belowaverage wages, and former coal towns have been at the forefront of the influx. IE 11 is not supported.
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Purchase A Guide to Dry Bulk Operations. Some cargoes require little monitoring during the loaded sea passage, but others should be monitored closely. Alumina and salt do not require much monitoring from ship's staff, but coal should be monitored daily. Failure to monitor when required can have catastrophic consequences and may even result in ...
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"The FT's proposed story is based on the DRI's general alert circular.dated 30 March 2016," the company had said in that statement. It wasn't. The FT began its investigation on the premise that even though the DRI case had stumbled, there were reasons to believe that the group had not abandoned the practice of overinvoicing coal ...
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The Blast Furnace came up in a record time of 27 months, establishing new benchmarks in global steelmaking. The Integrated Steel Plant, initially envisaged as the country's first steel plant to be based on purely swadeshi raw material, involved setting up world's largest Coal Gasification Plant (CGP) for Steelmaking through the DRI route.
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The DRI investigation, started in 2009 and is still continuing, alleges overinvoicing of imported coal and powerplant equipment cumulatively amounted to around Rs 50,000 crore prior to 2008. Of this coal imports accounted for around Rs 29,000 crore, while powerplant equipment imports and "compensatory tariffs" claimed by a few companies is ...
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The hydrogenbased DRI steelmaking route is emerging both in Europe and worldwide as the preferred and potentially the most efficient path to carbon neutrality. In addition to Tata Steel Europe's moves in this direction, steelmaker ArcelorMittal and Liberty Steel Group are both developing hydrogenbased DRI steelmaking facilities in Europe.
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Amid an energy crisis, Germany turns to the world's dirtiest fossil fuel. The chimney of the Evonik coal plant in Marl, Germany, on Sept. 13. This coalfired power plant helps power a chemical ...
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The latest tweets from DELCOALERT
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Any coal with an ash melting temperature above 1050°C and a 10%40% VM content can be used in the Circofer. Coal with ash content <15% is preferable to keep the circulating load in the reactor, and in the case of direct charging into a smelter, the slag volume to a minimum (von Bitter et al., 1999). DRI produced by the Circofer process (>93% ...
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Pan Asia Tradelink, previously named Pan Asia Coal Trading, has supplied Adani with tonnes of coal for since September 2021, according to customs records reviewed by the FT. The ...
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Hotbriquetted iron. Direct reduced iron (DRI), also called sponge iron, is produced from the direct reduction of iron ore (in the form of lumps, pellets, or fines) into iron by a reducing gas or elemental carbon produced from natural gas or ores are suitable for direct reduction. Direct reduction refers to solidstate processes which reduce iron oxides to metallic iron at ...
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C Unnikrishnan Apr 8, 2016, 06:09 IST. MUMBAI: The Directorate of Revenue Intelligence (DRI) has issued a nationwide alert to its offices and customs formations to scrutinise coal imports for over ...
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The DRI probe against Adani and other firms began, after the agency issued a general alert to its field formations across India in March 2016, outlining the modus operandi of overinvoicing of coal imports from Indonesia. DRI alleged that money was being "siphoned" outside the country and the electricitygenerating firms were availing of ...
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Any coal with an ash melting temperature above 1050°C and a 10%40% VM content can be used in the Circofer. Coal with ash content <15% is preferable to keep the circulating load in the reactor, and in the case of direct charging into a smelter, the slag volume to a minimum (von Bitter et al., 1999). DRI produced by the Circofer process (>93% ...
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Cocaine worth ₹220 crore was seized from a ship at Paradip port in Odisha. The ship, MV Debi, arrived from Egypt and was scheduled to depart for Denmark. Police line tape. Crime scene investigation.
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ADEM alert is a compilation of public notices issued by the Alabama Department of Environmental Management (ADEM) in a given month.. It is ADEM's stated mission to assure a safe, healthful and ...
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The FT's proposed story is based on the DRI's General Alert Circular /2016/CI dated 30 March 2016. ... It also deliberately ignores the fact that coal procurement in India on longterm ...
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The DRI probe against all these companies began after the agency issued a general alert to its field formations across India in March 2016, outlining the modus operandi of overinvoicing of coal imports from Indonesia. DRI alleged that money was being "siphoned" outside the country and the electricitygenerating firms were availing of ...
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While Indonesian coal was shipped directly from Indonesian ports to India, the DRI's 2016 alert said, suppliers' invoices were "routed through one or more intermediaries based in Singapore, Dubai, Hong Kong, British Islands (UK) etc for the purpose of artificially inflating its value."
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Coal is an important, widelyused source of energy and a chemical raw material, which is transported globally in large quantities; more than a billion tonnes of coal per year are transported by sea (IEA International Energy Agency, 2020). However, its carriage as a cargo is associated with a number of hazards and coal must be carried in ...
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DRI: This iron production process directly reduces iron ore in solidstate with the reaction temperature below the melting point of iron. Reducing gases are produced from natural gas (gasbased DRI) or coal (coalbased DRI) called syngas, a mixture of H 2 and CO. Although DRI production is more energy efficient than pig iron production from BF ...
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December 3, 2023 8:55 am Bridge Service
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1. As received basis: Coal in the condition as received by the consumer or the laboratory analyzing the coal. (This kind of coal includes all contents: Organic constituent, inorganic constituent (Inherent moisture, free moisture). Use the coal as received basis to represent coal content) 2. Air dried basis: The coal has naturally dried in the open air until it cannot dry or dissipate any more ...
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The Middle East and North Africa (MENA) region is joining forces in direct reduction steel production (DRI) and green hydrogen development. Metallurgy expert Stanislav Kondrashov believes that this will allow MENA to become a leading global player in the field of environmentally friendly steel and green iron.
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يرغب أحد موردي المواد من بلجيكا في إنتاج مسحوق الحجر الجيري لملابسه...
الهند غنية بالموارد المعدنية المختلفة وهي سوق مهم لمعالجة المعادن
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