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 ...
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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.
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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 ...
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Furthermore, 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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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 ...
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About Us History DRI Network Organization Structure Charter Message from Pr. DG's Desk Former Directors General Awardees Publications RTI RTI Right to Information Act., 2005 Director of Public Grievances CPGRAMS Proactive Disclosure under Section 4 (1) (b)
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Adani News Live: The Supreme Court disposed of the 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 leveled by the DRI against three Adani group subsidiaries. The US shortseller Hindenburg Research had mentioned the DRI ...
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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...
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Furthermore, the DRI's appeal was reportedly withdrawn by the Supreme Court of India on January 24, 2023, with an acknowledgment of the government's stance against engaging in futile litigation.
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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.
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APPROXIMATELY 58% of India's steel is currently produced in electric furnaces induction furnaces (IF) as well as electric arc (EAF). Given the lack of domestic scrap and the good availability of iron ore, thermal coals and natural gas, direct reduction has provided much of the iron units required for growth in steel production.
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It is noteworthy that, 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...
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The inflated invoices were issued by intermediary invoicing agents in Singapore, Dubai, Hong Kong and British 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 ...
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A 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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Adani 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
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For 42 million tonnes of coal supplied by its own operations in that time, the Adani group declared an average price of 130 per tonne. But for the 31 million tonnes of coal supplied by its three ...
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In book: Encyclopedia of Iron, Steel, and Their Alloys ( ) Chapter: i) Direct Reduced Iron: Production; Publisher: CRC Press, Taylor and Francis Group, New York.
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DRI (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
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It 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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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.
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From Office of Pr. ADG DRI DZU situated at B3 and B4 6th Floor Pt. Deendayal Antyodya Bhawa CGO Complex Lodhi Road New Delhi110003 ( Size KB ) Communique Working of DRI Hqrs from D Block Drum Shape Building Indraprastha Bhavan Estate New Delhi110002 ( Size KB )
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The Adani Group today slammed the UKbased newspaper Financial Times' for "raking up an old, baseless allegation of overinvoicing of coal imports". The group accused it of a "malicious campaign ...
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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 ...
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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.
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DRI 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 ...
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C Unnikrishnan Apr 8, 2016, 06:09 IST. MUMBAI: The Directorate of Revenue Intelligence (DRI) has issued a nationwide alert to its offices and customs formations to scrutinise coal imports for over ...
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A 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 ...
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DRI Coal Download as a PDF or view online for free. Submit Search. Upload. DRI Coal Report. Hindenburg Research Hindenburg Research. Follow • 0 likes • 1,477 ...
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The DRI found as many as 40 companies were engaged in importing of Coal from Indonesia to Indian power plants. 90% of the coal is imported from Indonesia, while about 5% is imported from Australia. Adani Group of companies import around 70% and the second importer Anil Ambani's Reliance Group imports around 5%.
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A material supplier from Belgium would like to produce limestone powder for his custome...
India is rich in various mineral resources and it is an important mineral processing market
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