Business Daily from THE HINDU group of publications
Wednesday, Jun 11, 2008
ePaper | Mobile/PDA Version | Audio


News
Features
Stocks
Cross Currency
Shipping
Archives
Google

Group Sites

Logistics - Railways
Industry & Economy - Minerals
Iron ore traffic: Rlys mulls relaxation of paper work for steel plants

Eligibility for rail freight as stipulated in a circular


Hurdles

The steel plants have appealed to the Railways for such exemptions as they find it extremely difficult to arrange for all the documents stipulated in the circular.

One such document is the Industrial Entrepreneur Memorandum.


Our Bureau

Kolkata, June 10

The Indian Railways is mulling if some of the integrated steel plants could be exempted from submitting all the documents, as stipulated in a Railway Board’s recent circular, to be eligible for rail freight under 170 classification for transportation of iron ore.

Unless these documents are submitted, the circular makes it clear, the steel plants will not be treated as genuine consumers of iron ore.

They will, therefore, be charged railway freight for iron ore under 200X classification which is more than 250 per cent higher.

Plea for exemption

The steel plants have appealed to the Railways for such exemptions as they find it extremely difficult to arrange for all the documents stipulated in the circular.

One such document is the Industrial Entrepreneur Memorandum (IEM).

How can various steel plants under SAIL, or Jamshedpur plant of Tata Steel or Visakhapatnam steel plant of RINL hope to produce IEM which was enforced only from 1991, wonder these plants. Some of the integrated steel plants, particularly those in the public sector, may not have even a valid factory licence because such licences were not required when the plants were set up.

Valid licences

The Jamshedpur plant was set up 100 years ago, the SAIL plant nearly half a century ago and the Vizag plant more than a quarter century ago.

Did the Government’s own plants in those days really needed to have the kind of factory licences being insisted on today?

Problems are being encountered also with regard to the availability of the consent of operation from the pollution control board (PCB). Once the original consent has been obtained, every year, it is placed before the PCB for renewal.

However, the PCBs take their own time to grant renewals.

Some of the integrated steel plants have drawn the attention of the railway authorities to this but not with much success.

Inquires reveal that the Railways is believed to have already extended the deadline for the submission of the stipulated documents for some of the plants – from May 22 to May 31 and further to June 15.

Related Stories:
Gujarat NRE Australian arm lines up A$300-m investment for mining
Gujarat NRE Coke plans Rs 235-cr investments

More Stories on : Railways | Minerals

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page



Stories in this Section
Air India may post loss of more than Rs 2,000 cr


Airlines rationalising routes to ease high fuel charges
Jet’s daily services to Tirupati
Jet, Etihad announce code share pact
IDFC picks up 22% in Seaways Shipping
New Mangalore port handles record container traffic in a single voyage
ABG Q4 net at Rs 46 cr
Central Training can conduct exams for pilots
Iron ore traffic: Rlys mulls relaxation of paper work for steel plants
Minister seeks public help for better transport


eWorld



The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | The Hindu ePaper | Business Line | Business Line ePaper | Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2008, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line