dri coal alert 2016

The mystery of the Adani coal imports that quietly doubled in value

Pan Asia Tradelink, previously named Pan Asia Coal Trading, has supplied Adani with tonnes of coal for since September 2021, according to customs records reviewed by the FT. The ...

DRI unearths coal import scam India Today

News PTI feed DRI unearths coal import scam. DRI unearths coal import scam. Advertisement. PTI ...

How OverInvoicing of Imported Coal has Increased Power Tariffs

The DRI has monitored the details of coal imports of these companies till 31 March 2016, information accessed by the authors suggests. Web of Scams. This revelation comes weeks after the DRI secured the first arrest of an accused person who was allegedly involved in overinvoicing of coal imported from Indonesia.

Adani Group accuses Financial Times of running campaign to 'tarnish ...

Allegations revolve around overinvoicing of coal imports and global conspiracy; ... The FT's story was said to be based on a General Alert Circular /2016/CI dated March 30, 2016, issued by the Directorate of Revenue Intelligence (DRI). The Adani Group pointed out that the circular mentioned as many as 40 importers, including Adani Group ...

Adani firms' coal imports: DRI to move SC against High Court order

The 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 ...

Adani being investigated for alleged involvement in US coal ...

Indian 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...

Feature: Roaring Bangladesh economy a boost to Asian dry bulk shipping ...

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.

Adani Group Slams Financial Times: Malicious Campaign To Tarnish Image

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 ...

Exclusive | DRI's 29,000 cr coal case: Bombay HC rules in favour of ...

The DRI probe against Adani and other companies began after the agency issued a general alert to its field formations across India in March 2016. Business tycoon Gautam Adani

Adani Groups alleges Financial times of attempting to ... Mint

"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 ...

The mystery of the Adani coal imports that quietly doubled in value

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.

PDF ISSN: (Print) (Online) Journal homepage: ... ResearchGate

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

Forty coal importers under the DRI scanner for overinvoicing

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 ...

(PDF) i) Direct Reduced Iron: Production ResearchGate

In book: Encyclopedia of Iron, Steel, and Their Alloys ( ) Chapter: i) Direct Reduced Iron: Production; Publisher: CRC Press, Taylor and Francis Group, New York.

DRI Coal SlideShare

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 ...

After Singapore Setback, Adani Firm Asks Bombay HC To Stall DRI Probe

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.

DRI investigation into Adani Group coal import cases halted

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.

Coal imports: Directorate of Revenue Intelligence asks CBI to probe two ...

The 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 ...

DRI Military and Government Acronym Finder

DRI: Development of Regional Impact: DRI: Detection, Recognition, and Identification (Surveillance, Reconnaissance and Intelligence Systems) DRI: Division des Relations Internationales (French: International Relations Division) DRI: Disaster Recovery Institute (Canada) DRI: Data Ready Indicator: DRI: Danish Road Institute (Denmark) DRI: Defense ...

DRI may restart Adani probe over coal import overvaluation: Report

directorate 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 ...

Forty coal importers under the DRI scanner for overinvoicing

Updated 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...

COAL IMPORT The Economic Times

Having 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.

Coal gasification for DRI production An Indian solution India

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.

Metals | Free FullText | Dephosphorization Behavior of High ... MDPI

In 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 ...

DRI probes overvaluation of coal imports by power cos

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 ...

Gautam Adani | Adani Group imported coal well above market prices ...

"The FT's proposed story is based on the DRI's general alert circular.dated 30 March 2016," the company had said in that statement. It wasn't. The FT began its investigation on the premise that even though the DRI case had stumbled, there were reasons to believe that the group had not abandoned the practice of overinvoicing coal ...

Analysis: DRI steel margins benefit as coking coal surges, scrap firms ...

The current upturn in coking coal and coke prices alongside firming scrap may be improving the prospects for DRI steel mills accessing lowerpriced gas on longterm contracts. ... has been more resilient than the Platts China export rebar to iron ore and coking coal spread. The regional indicator DRI has performed better than for Turkey rebar ...