November 22, 2008

Jharkhand recommends water allocation to 22 steel firms

IANS reported that Jharkhand has recommended water allocation to 22 steel companies to expedite the Greenfield steel projects in the state.

An official of the state industries department said that "The recommendation has been made according to needs of the steel companies. We have recommended those companies who are in the advanced stage of setting up Greenfield projects." He added that the list of 22 firms that should be allocated water on a priority basis was sent by the industries department to the water resources department on June 9th 2008.

As per report, industries have been categorized according to their location and their water requirements. Companies like Jindal Steel & Power Limited, Narsingha Ispat Limited, Bhushan Steel, Core Steel & Power Limited and Kalyani Steel Limited have been accorded priority for the Subernarekha basin, while Corporate Ispat & Alloys Limited and Essar Steel will get water from the Kharkai water basin.

Steel giant ArcelorMittal, Essel Mining & Industries and Pawanjay Steel & Power are among those to get water from the South Koel basin. And companies like Electrosteel Integrated Limited, Anindita Traders & Investment and BMW Industries will draw water from the Damodar basin.

As per recommendations, the maximum amount of water of 247.37 million cubic meters per annum will be drawn from Subernarekha basin followed by 155.58 million cubic meter per annum from South Koel Basin, 56.26 million cubic meters per annum from Kharkai basin and 49.72 million cubic meters per annum from Damodar Basin.