The Supreme Court is scheduled to hear in February next year a plea moved by the Directorate of Revenue Intelligence (DRI) challenging a 2019 Bombay High Court order that quashed the letters rogatory sent to Singapore and other countries during its probe involving Adani Group firms for alleged overvaluation of Indonesian coal imports. The top court is likely to consider a fresh rejoinder filed ...
Coal or coal briquettes enter the meltergasifier dome and are converted to char at 1100°C1150°C. Oxygen is blown into the melter gasifier and a reduction gas, mainly CO and H 2, is generated by gasifying the coal, which is fed to the upper reactor(s), reducing the burden. The reduced iron ore or hot DRI is charged into the melter gasifier ...
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% ...
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 Virgin Islands (UK) etc for the purpose of artificially inflating its value."
Sprawling across an area of 69,000 hectares, or 100,000 football pitches, almost 20 million tons of coal are mined here every year to satisfy the world's hunger for energy, and Germany's as well ...
Receive daily email alerts, subscriber notes personalize your experience. Register Now Iron ore miners such as Rio Tinto, Vale, Fortescue and BHP are working with steel companies in Asia and Europe to adapt products such as pellets, highgrade concentrates, sinter and lump ore for use in direct reduction iron (DRI) and blast furnaces to ...
High metallization cuts coal usage. DRI and HBI are usually made from highgrade iron ore pellets typically reduced by gas to provide a highlymetallized raw material for both electric arc furnaces and traditional blast furnaces. According to USbased DRI technologist Midrex Technologies, HBI, which is metallized beyond 90%, needs only to be ...
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% ...
On October 10, hearing a case regarding the alleged ove rinvoicing of Indonesian coal imported by the Adani Group, the Supreme Court clubbed the matter with another case related to alleged smuggling of dutyfree gold by a Hyderabadbased jeweller.. It was in November 2019, that the DRI had moved the apex court against a Bombay High Court order in favour of the Adani Group.
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 ...
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 ...
The DRI is probing at least 40 companies including two companies of the Anil Dhirubhai Ambani Group (ADAG), two Essar Group firms and a few public sector power firms for alleged overvaluation of coal imports from Indonesia pegged at Rs 29,000 crore between 2011 and 2015. In March 2016, DRI issued a general alert to its field formations across ...
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 ...
At present, fossil fuels are the steel sector's bloodstream: 27 EJ (10 18 J) of coal, 3 EJ of gas and 5 EJ (1400 TWh) of electricity are consumed annually for the production of the mostly widely ...
In March 2016, the agency issued a general alert to its field formations across India, outlining the modus operandi of overinvoicing of coal imports from Indonesia. The DRI alleged that money was being "siphoned" outside the country and the electricitygenerating firms were availing of "higher tariff compensation based on artificially ...
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 ...
Bad Press, King Coal, Joonam and Fantastic Machine are all awardwinning documentaries, yet in the race for Oscar recognition, they're underdogs. Despite the many honors they have collected at ...
A major scam involving several energy companies and traders, including some in the state sector, has been unearthed involving alleged overinvoicing of imported coal including through a tax haven to siphon off money abroad and charge higher power tariffs, according to DRI sources. The companies include some of the biggest names in the sector as also some state electricity boards and central ...
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.
On the Alert Recipients page, follow the steps in the Create a new alert policy article. Why duplicate alerts are triggered. A video alert and a harsh driving alert may both be triggered by the same event. For example, a driver may take a corner too quickly known as harsh cornering. This will trigger a video recording and a video alert, but ...
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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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 ...
The Supreme Court stayed the Bombay High Court's order quashing the Directorate of Revenue Intelligence (DRI) seeking information about the alleged Rs 29,000crore overinvoicing by Adani Enterprises Limited in connection with coal imports from Indonesia. The Solicitor General argued the high court order had prevented DRI from collecting evidence.
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