Monthly archives: May, 2013

21st May, 2013 : Weak Rupee leaves Nifty cold

It was a highly-volatile market session with indices ending near the day’s low. This is the second straight day of losses for the benchmark indices. Sentiment was dampened after the rupee depreciated 30 paise against the dollar, touching a three-month low of 55.2975. Selling pressure further intensified as investors tracking weakness in the European markets …

Transmission of Surplus Power to Power Deficit States

The surplus power from the States can be transferred to a power deficit State through the Inter-State Transmission System (ISTS) from the source of supply depending upon the available transfer capacity (ATC) between the point of supply and point of drawl. Open Access in transmission (introduced by the Central Government through Electricity Act, 2003), trading …

Competition Commission to play an important role as a regulator of Competition and as a participant in the competitive process – Finance Minister P Chidambaram

Union Finance Minister Shri P.Chidambaram has stressed on the key role of Competition Commission of India (CCI) in defining the role of the government as a regulator of competition and as a participant in the competitive process. Delivering the Annual day Lecture of Competition Commission of India (CCI) in the Capital on 20th May, 2013, …

ArcelorMittal Ruhrort: RH facility to receive new vacuum pump

After 45 years of operation of the RH facility, the steam ejector pumping system is to be renewed by SMS Mevac ArcelorMittal Ruhrort, Duisburg, Germany, has contracted SMS Mevac GmbH to modernize the steam ejector pump system for the existing RH facility (Ruhrstahl-Heraeus process). Now that the facility has been in operation for 45 years, the wall thicknesses of the …

Disposal of Hazardous Waste

Under the Hazardous Waste (Management, Handling and Transboundary Movement) Rules, 2008, there is a provision for utilization of hazardous wastes as supplementary resource or for energy recovery by the units.               The guidelines on various aspects of environmentally sound management of hazardous wastes have been published from time to time. Guidelines for co-processing of hazardous wastes in …