"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 ...
WhatsApp: +86 18203695377Two 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.
WhatsApp: +86 18203695377Updated 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...
WhatsApp: +86 18203695377It is a case of overinvoicing of imported coal prices started from 2008 onwards. The DRI smelled a huge scam in coal imports from Indonesia, from where almost 8090 per cent coal is imported to India. In December 2014, the DRI had carried out series of searchandseizure raids across 80 locations in Delhi, Tamil Nadu, Gujarat, Karnataka ...
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WhatsApp: +86 18203695377Jun 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 ...
WhatsApp: +86 18203695377DRI went in for an appeal but the Supreme Court this year dismissed its petition. Adani Group in the statement said the DRI's show cause notice alleging overvaluation in the import of coal was ...
WhatsApp: +86 18203695377"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 ...
WhatsApp: +86 18203695377The Supreme Court (SC) Monday dismissed petition filed by the Directorate of Revenue Intelligence (DRI) challenging orders issued last year by the Customs, Excise Service Tax Appellate Tribunal (CESTAT), quashing cases pertaining to overinvoicing allegations levelled by the DRI against three Adani group subsidiaries. Between November 2022 and January 2023, the federal agency had moved the ...
WhatsApp: +86 18203695377CFD analysis of heat transfer in freeboard of rotary kiln was done with licence version of ANSYS, authorized by NIT Rourkela. ANSYS is an engineering simulation software (ComputerAided Engineering. Kiln of a typical Sponge Iron producing plant having capacity 500 Tons Per Day was modelled and simulated with CFD package (ANSYS ). This kiln is of length 80m. and inner diameter 4 ...
WhatsApp: +86 18203695377DRI claims much of the coal was imported through Adani's Singapore subsidiary. ... 2016 and forwarded to the competent authority in Singapore was challenged by the Adani group before the Bombay ...
WhatsApp: +86 18203695377Indian 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...
WhatsApp: +86 18203695377"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 ...
WhatsApp: +86 18203695377Direct Reduced Iron (DRI) is the product of the direct reduction of iron ore in the solid state by carbon monoxide and hydrogen derived from natural gas or coal. See more information about the production of DRI . Most gasbased direct reduction plants are part of integrated steel minimills, located adjacent to the electric arc furnace (EAF ...
WhatsApp: +86 18203695377In 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 ...
WhatsApp: +86 18203695377In this paper, an integrated process was developed to beneficiate low grade siderite ore and upgrade inferior coal simultaneously to yield DRI powder and semicoke. Based on bench scale results, the pilot scale verification tests were conducted and the final DRI concentrate assaying % Fe total, % metallization degree was obtained at ...
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WhatsApp: +86 18203695377Shangliao Sun. The production volume of coalbased sponge iron in India accounted for more than million metric tons at the end of 2022. It reflected an increase from the previous year's more ...
WhatsApp: +86 18203695377In this paper, the process of direct reduction roasting using magnetic separation to produce direct reduction iron (DRI) from highphosphorus oolitic hematite, using coal slime and blast furnace dust as reductant, is investigated. The possible use of slime coal and blast furnace dust as reductant and the dephosphorization behavior during the process of direct reduction was studied ...
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WhatsApp: +86 18203695377The 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...
WhatsApp: +86 18203695377directorate of revenue intelligence dri is seeking to restart a probe into adani group for alleged overvaluation of coal imports and has asked supreme court to allow them to collect evidence from singapore reuters reported dri has been trying since 2016 to procure transaction documents from singapore adani group has reportedly repeatedly ...
WhatsApp: +86 18203695377DRI (containing 9094% total iron) is an excellent feed stock for electric furnaces used by mini steel plants, allowing them to use lower grades of scrap for the rest of
WhatsApp: +86 18203695377The 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 ...
WhatsApp: +86 18203695377The 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 ...
WhatsApp: +86 18203695377The DRI is probing at least 40 companies, including two companies of the Adani Group, 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. ... According to a showcause notice issued by DRI to Reliance Infrastructure and Rosa Power in August 2016, the two ...
WhatsApp: +86 18203695377A 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 ...
WhatsApp: +86 18203695377A bench headed by Chief Justice Bobde issued notices to Adani Enterprises on the appeal filed by DRI in the DRI had initiated investigations in March 2016 against a few Adani group ...
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WhatsApp: +86 18203695377Having 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.
WhatsApp: +86 18203695377Adani Group by raking up old, baseless allegationan of overinvoicing of coal imports. The FT's proposed story is based on the DRI's eneral Alert Circular G /2016/CI dated 30 March 2016. 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
WhatsApp: +86 18203695377Coal 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 ...
WhatsApp: +86 18203695377Furthermore, dissimilar to blast furnace pig iron, which is nearly pure iron, DRI comprises some siliceous gangue, which has to be removed in the steelmaking process (Dutta Sah, 2016 ...
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