dri coal alert 2016

DRI unearths coal import scam India Today

News PTI feed DRI unearths coal import scam. DRI unearths coal import scam. Advertisement. PTI ...

Coal overinvoicing case: 4 years on, DRI vs Adani in SC to be heard ...

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."

Adani Groups alleges Financial times of attempting to ... Mint

"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 a longterm ...

Sebi 'concealed' DRI alert in 2014 over Adani Group firms, petitioner ...

The capital market regulator had "concealed a January 2014 DRI alert about Adani having siphoned off money and invested them in Adani listed companies through entities based in Dubai and Mauritius," petitioner Anamika Jaiswal said in her affidavit dated September 8. ... Rules 1957 by the Adani Group that was conducted from April 1, 2016, to ...

DRI investigation into Adani Group coal import cases halted

Written by Sailee Dhayalkar, Khushboo Narayan Mumbai | September 20, 2018 00:46 IST Follow Us An LR is a formal request seeking judicial assistance from a foreign country in investigating an offshore entity.

How OverInvoicing of Imported Coal has Increased Power Tariffs

The DRI has monitored the details of coal imports of these companies till 31 March 2016, information accessed by the authors suggests. Web of Scams. This revelation comes weeks after the DRI secured the first arrest of an accused person who was allegedly involved in overinvoicing of coal imported from Indonesia.

Fatality Reports | Mine Safety and Health Administration (MSHA)

August 18, 2023 Fatality. Accident Classification: Drowning. Location: Mcdowell, West Virginia. Mine Controller: ClevelandCliffs, Inc. Mine Type: Underground. Mined Material: Coal (Bituminous) Chargeback Date: 9/27/2023. On August 18, 2023, MSHA was informed of a miner's death at Twin State Mining, Inc.'s Mine No. 39 in Elbert, WV. MSHA ...

Forty coal importers under the DRI scanner for overinvoicing

Updated January 20, 2018 at 07:52 AM. | New Delhi, April 8 Firms of Adani, Anil Ambani, Essar, JSW Groups and some PSUs being probed By Our Bureau Comments Share READ LATER...

After Singapore Setback, Adani Firm Asks Bombay HC To Stall DRI Probe

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.

Adani being investigated for alleged involvement in US coal ...

Indian energy minister Piyush Goyal told Economic and Political Weekly that the DRI was "investigating cases related to misdeclaration of value (over invoicing) of coal imported from Indonesia...

COAL IMPORT The Economic Times

Having failed earlier, a foreign publication is "making another effort to financially destabilise the Adani Group by raking up an old, baseless allegation of overinvoicing of coal imports," Adani Group said in a statement. It said the proposed story by the publication is based on the DRI's General Alert Circular dated March 30, 2016.

Production share of sponge iron in India by process route

Jun 23, 2023. Around percent of the sponge iron produced in India in 2022 was under coal based process route. This was due to numerous coal based units present in the mineral rich states. The ...

Corex Process an overview | ScienceDirect Topics

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 ...

Notification for Coal Linkage MSTC ECommerce

SCCL coal linkage: Date Of prebid conference:, at 11 am for CEMENT CPP Sub sectors at venue: Hotel Golkonda, Masab Tank, Hyderabad. For Coal India Limited. CIL: Login detail for Preauction consumer conference for CPP subsector under 'Auction of coal linkages for nonregulated sector TrancheV'.

Adani Group hits out at Financial Times for trying to tarnish ...

"The FT's proposed story is based on the DRI's General Alert Circular /2016/CI dated March 30, 2016. ... It also deliberately ignores the fact that coal procurement in India on a longterm ...

Forty coal importers under the DRI scanner for overinvoicing

The inflated invoices were issued by intermediary invoicing agents in Singapore, Dubai, Hong Kong and British Virgin Islands, among other jurisdictions, according to the DRI alert notice. 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 ...

Adani group shares fall after media report on alleged overpricing of ...

The FT's brazen agenda is exposed by the fact that they have singled out the Adani Group, while the DRI's Circular, the raison d'être for the whole story, mentions as many as 40 importers...

Adani Group flags 'renewed' attempts to 'financially destabilise ...

"The FT's proposed story is based on the DRI's General Alert Circular /2016/CI dated 30 March 2016. ... the issue of overvaluation in the import of coal was conclusively settled by India's ...

'Overvaluation' of coal imports: DRI moves Supreme Court against Adani ...

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 ...

Gautam Adani | Adani Group imported coal well above market prices ...

"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 ...

Analysis: DRI steel margins benefit as coking coal surges, scrap firms ...

The current upturn in coking coal and coke prices alongside firming scrap may be improving the prospects for DRI steel mills accessing lowerpriced gas on longterm contracts. ... has been more resilient than the Platts China export rebar to iron ore and coking coal spread. The regional indicator DRI has performed better than for Turkey rebar ...

The mystery of the Adani coal imports that quietly doubled in value

The company said it has been vindicated by the DRI's decision this year to withdraw an appeal to the Supreme Court in a case against one of the 40 importers named in 2016.

Feature: Roaring Bangladesh economy a boost to Asian dry bulk shipping ...

Receive daily email alerts, subscriber notes personalize your experience. Register Now With a GDP growth rate of % in 2019 and forecast to expand by another 8% this year, according to the Asian Development Bank, Bangladesh's demand for dry bulk commodities has burgeoned, successfully drawing a sizable dry bulk shipping traffic to its shores.

DRI probes overvaluation of coal imports by power companies

The DRI has been investigating 40 powergenerating companies and traders for the past couple of years. It has flagged prominent public and private sector companies that are suspected to be inflating the import value of coal beyond that prevailing in the international market. According to the DRI alert, "the objective is to siphon off money ...

Lowcarbon production of iron and steel: Technology options, economic ...

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 ...

DRI Military and Government Acronym Finder

DRI: Development of Regional Impact: DRI: Detection, Recognition, and Identification (Surveillance, Reconnaissance and Intelligence Systems) DRI: Division des Relations Internationales (French: International Relations Division) DRI: Disaster Recovery Institute (Canada) DRI: Data Ready Indicator: DRI: Danish Road Institute (Denmark) DRI: Defense ...

Adani Group condemns Financial Times ... The Financial Express

Adani Group said in the case of Knowledge Infrastructure, one of the 40 importers mentioned in the General Alert Circular, the DRI's Show Cause Notice alleging overvaluation in the import of ...