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The DRI's raids and the agency's subsequent investigations began to show their effects in March 2016, when it sent a circular to customs offices across the country issuing a "general alert" on coal imports from Indonesia by 40 companies. According to the circular, the companies were engaged in what it called "trade based money ...
The company has contracted the offset credits in its fullyear 2021 carbon removal portfolio, with the bulk of the volume coming from forestry projects which lock up atmospheric CO2 emissions. Of the million mt of offset credits, million mt were linked to forestry projects while a further 193,000 mt came from soil carbon sequestration ...
Two years ago, i n March 2016, the DRI had issued a general alert to its field formations across the country, outlining the modus operandi of overinvoicing of coal imports from Indonesia.
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 ...
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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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 ...
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 ...
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 average price of Indonesian coal with a gross calorific value of 3,8004,200 kCal/kg ranged between 38 and 49 a tonne on freeonboard (FOB) basis, according to most international indices.
New Delhi: An expert panel constituted by the government has suggested that India has enough potential to produce hydrogen from domestic coal and the country should strongly pursue this option. This assumes significance in the wake of Prime Minister Narendra Modi annoucing hydrogen mission on India's 75th Independence Day. Hydrogen is a clean fuel and can serve as a possible substitute to ...
FT report cites customs records and DRI circular to back up its claims. Adani Group stocks come under selling pressure after FT report on alleged overinvoicing of coal imports.
The coal power policy has been influencing the development of China's coal power industry from the aspects of quantity control, technological progress, and marketoriented reform. Meanwhile, the strategic coal power policy of the mid and longterm future is yet to be welldesigned under the carbon peak and neutrality targets. Therefore, it is necessary to have a comprehensive overview of ...
December 3, 2023 8:55 am Bridge Service
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 ...
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.
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 ...
The corresponding figures for the three previous years—in 201314, the country imported tonnes of coal worth Rs 92, crore; in 201213, tonnes of coal valued at Rs 86, ...
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 ...
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 ...
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 ...
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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